80jili com Global to join forces with Motors & Armatures; Philip Windham named CEO of growing HVAC/R platform LOS ANGELES , Dec. 6, 2024 /PRNewswire/ -- Platinum Equity announced today a significant investment in Global, the Source ("Global"), a leading master distributor of HVAC/R components, and its subsidiary AmRad Manufacturing LLC. The transaction marks Platinum Equity's second investment in the HVAC/R industry this year. In July, the firm invested in Motors & Armatures Inc. (MARS). Global and MARS, which have a longstanding history, will now join forces, helping strengthen the product and service offerings for both companies. Founded in 1982 and based in Universal City, Texas , Global is a leading master distributor of HVAC/R components such as capacitors, relays, transformers, contactors, disconnects, whips, and more. Global serves HVAC/R wholesalers throughout the United States. The company has vertically integrated design and manufacturing operations, including via its AmRad Manufacturing LLC subsidiary located in Palm Coast, Florida , which proudly manufactures USA -made capacitors and Turbo 200® products. MARS, based in Hauppauge, New York , is a leading distribution platform for HVAC/R parts, supplies and equipment in North America , and has been the exclusive sub-distributor for select Global products since 2012. "The partnership between MARS and Global is a natural one as both companies have worked together for decades," said Global Owner and President Dickie Sirotiak. "The investment from Platinum will allow us to introduce more products to market while continuing to maintain the outstanding service levels that both MARS and Global customers demand." In connection with the Global investment, Platinum Equity announced an integrated leadership structure for the combined platform: "We are thrilled to welcome Global to our growing platform," said Chernoff. "This move brings together two great family-owned businesses and will strengthen our position as a category leader in electronic components for the HVAC/R aftermarket." Chernoff praised Windham as a great fit to lead the combined platform. "Philip brings 25 years of industry experience to the job," said Chernoff. "He is passionate about developing people and building high-performance teams. He has a customer-centric mindset and I'm confident he's the right leader to guide these businesses into their next phase of growth." Windham said he's excited about the new role. "Both the Sirotiak and Chernoff families have built impressive businesses over the past several decades, becoming true leaders in the HVAC/R industry," said Windham. "I am honored to continue their legacies and work with both teams to expand our reach within the industry." Platinum Equity expects to continue pursuing additional opportunities to invest in the industry. "We are optimistic about the prospects for growth in the sector and will work with MARS and Global to add more value for their customers," said Platinum Equity Co-President Jacob Kotzubei and Managing Director Dan Krasner in a joint statement. "We will partner with the leadership team to identify and pursue additional opportunities to diversify and increase scale, both organically and through strategic M&A." Financial terms of the Global investment were not disclosed. O'Melveny & Myers served as legal counsel to Platinum Equity and MARS. About Platinum Equity Founded in 1995 by Tom Gores , Platinum Equity is a global investment firm with more than $48 billion of assets under management and a portfolio of approximately 60 operating companies that serve customers around the world. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O ® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 28 years Platinum Equity has completed more than 450 acquisitions. Contact : Dan Whelan Platinum Equity dwhelan@platinumequity.com View original content: https://www.prnewswire.com/news-releases/platinum-equity-invests-in-hvacr-distributor-global-the-source-302325210.html SOURCE Platinum Equity1 Stock to Buy, 1 Stock to Sell This Week: Oracle, AutoZoneEAGAN, Minn. (AP) — The Minnesota Vikings waived cornerback Akayleb Evans on Saturday in another setback for their beleaguered 2022 draft class. Evans started 15 games last season, but he had been relegated to a special teams role this year after the Vikings added veteran cornerbacks Stephon Gilmore and Shaquill Griffin. Evans was a fourth-round pick out of Missouri, one of three defensive backs among Minnesota's first five selections in 2022. Lewis Cine (first round) was waived and Andrew Booth (second round) was traded earlier this year. One of their second-round picks, guard Ed Ingram, lost his starting spot last week. Evans was let go to clear a roster spot for tight end Nick Muse, who was activated from injured reserve to play on Sunday at Chicago. The Vikings ruled tight end Josh Oliver out of the game with a sprained ankle. AP NFL: https://apnews.com/hub/NFL

2 convicted in human smuggling case after Indian family froze to death on US-Canada border

Chelsea head coach Enzo Maresca believes Moises Caiciedo now ranks alongside Rodri and Declan Rice as the best midfielders in the Premier League . Caicedo had a lot of criticism for his early performances after joining Chelsea from Brighton for a Premier League record transfer fee of £115million in August last year. Advertisement But the 23-year-old has improved the longer 2024 has gone on and been one of Maresca’s best players since he took over as head coach in the summer. Manchester City midfielder Rodri, who won the Ballon d’Or in October, and Arsenal ’s counterpart Rice, were both voted in the PFA Premier League Team of the Year for their displays during the 2023-24 campaign. But Maresca insists Caicedo’s performances has now put him on a par with them. “He is for sure now at that level. No doubt,” he said. “Unfortunately, Rodri is injured (with a knee injury for the rest of the season) but Declan is playing. I think Moises can sit at that table with that kind of midfielder.” GO DEEPER Moises Caicedo's Chelsea displays this year have cast aside questions over £115m fee Caicedo’s form is one of the reasons why Maresca feels Chelsea, who are second in the league table, have become less reliant on Cole Palmer to make the difference. Former head coach Mauricio Pochettino urged the rest of the squad in April to show ‘this is Chelsea Football Club, not Cole Palmer Football Club’ due to the England international’s dominance on how the team played and their results Chelsea are top scorers in the Premier League this season but have done so with Palmer scoring in just six of their 14 matches. He also went on a run of one goal in half a dozen league fixtures, yet Maresca’s team lost only one of those ( Liverpool ). Maresca added: “If you remember in my first press conference I said that we cannot rely on Cole for every game because it is not correct. He has to enjoy football. But if we prepare the season thinking Cole is the only solution then we are wrong. “The only thing I can say is that since we start, with the right side with Noni (Madueke) and Pedro ( Neto ) and the left side with Mischa (Mudryk) and Jadon (Sancho), Enzo (Fernandez), Cole, Joao (Felix) Christo (Nkunku), the attacking players are doing well.” (Ryan Pierse/Getty Images)Pitt quarterback Eli Holstein knocked out of game at Louisville with leg injury

Private investors are keen to see “ambition” from the UK government on climate change, the head of an influential emissions body has warned politicians. Emma Pinchbeck, chief executive of the Climate Change Committee , which advises the government on emissions targets, stressed that the private sector “likes a bit of ambition”. The former Energy UK CEO told the BBC she warned the last government that “private investors are moving their money to places where they’ve got a clearer pathway to delivery”. And she argued pro-market politicians should realise that Britain’s net-zero consensus is a “reason people choose to invest in the UK”. Asked about the realism of the government’s clean energy by 2030 target, which Sir Keir Starmer was criticised for appearing to water down last week , Pinchbeck said: “I think it’s challenging. We like a bit of ambition in the private sector. “One of the risks over the last five years was that we were beginning to hear messages about achieving net zero that were perhaps less ambitious. “As leader of the business trade body [I was] going to the government and saying ‘private investors are moving their money to places where they’ve got more ambition and a clearer pathway to delivery’.” Starmer was forced to deny watering down his green energy pledge after setting a target for the UK to be “on track” to deliver 95 per cent clean power by 2030 at a ‘milestones’ speech, with ministers insisting this was consistent with the UK maintaining a “strategic gas reserve”. The Labour manifesto and his ‘missions’ of almost two years ago both promise “zero-carbon electricity” by 2030, but his updated pledges promise a measure in line with National Energy System Operator (Neso) advice aiming for 95 per cent reliance on “low carbon generation”. “In terms of where we need to get to on clean energy by 2030, it’s exactly the same as it always was,” he insisted. “There’s always going to be a mix... we’ve not changed it today.” On the question of whether the consensus around moving towards net-zero is fracturing, as politicians face public concern about affordability, she argued: “Quite often it’s raised with me by international investors that we’ve got this perceived stability on the politics of net-zero. “Having clarity from the government and most of our political parties has been incredibly valuable.” A YouGov poll in November found 35 per cent of Reform UK voters said they believed climate change was due to human activity, compared to 71 per cent of the wider public. But during the election campaign, Farage, whose party’s manifesto – or contract – pledges to “scrap net zero and related subsides” and argues for protecting the environment via “more tree planting, more recycling and less single use plastics”, said to the BBC: “I’m not arguing the science.” Pinchbeck commented: “You can – as Reform is – come up with your own route through to delivering on climate change. What you can’t do.. is pretend climate change isn’t a problem for the economy.” She added: “On cost, it’s very clear from our pathway and most analysis I’ve ever seen that this energy transition is good for the macro economy... electricity looks to be cheaper and we can use it more efficiently. “Our advice would be for both households and the economy, we can see if you have these technologies you’re better off.”

Shocking Increase! Massive Moves in Semiconductor Stocks

KYIV, Ukraine — NATO and Ukraine will hold emergency talks Tuesday after Russia attacked a central city with an experimental, hypersonic ballistic missile. escalating the nearly 33-month-old war. The conflict is “entering a decisive phase,” Poland’s Prime Minister Donald Tusk said Friday, and “taking on very dramatic dimensions.” Ukraine’s parliament canceled a session as security was tightened following Thursday’s Russian strike on a military facility in the city of Dnipro. In a stark warning to the West, President Vladimir Putin said in a nationally televised speech the attack with the intermediate-range Oreshnik missile was in retaliation for Kyiv’s use of U.S. and British longer-range missiles capable of striking deeper into Russian territory. Russian President Vladimir Putin speaks Friday during a meeting with the leadership of the Russian Ministry of Defense, representatives of the military-industrial complex and developers of missile systems at the Kremlin in Moscow. Putin said Western air defense systems would be powerless to stop the new missile. Ukrainian military officials said the missile that hit Dnipro reached a speed of Mach 11 and carried six nonnuclear warheads, each releasing six submunitions. Speaking Friday to military and weapons industries officials, Putin said Russia will launch production of the Oreshnik. “No one in the world has such weapons,” he said. “Sooner or later, other leading countries will also get them. We are aware that they are under development. “We have this system now,” he added. “And this is important.” Putin said that while it isn’t an intercontinental missile, it’s so powerful that the use of several of them fitted with conventional warheads in one attack could be as devastating as a strike with strategic — or nuclear — weapons. Gen. Sergei Karakayev, head of Russia’s Strategic Missile Forces, said the Oreshnik could reach targets across Europe and be fitted with nuclear or conventional warheads, echoing Putin’s claim that even with conventional warheads, “the massive use of the weapon would be comparable in effect to the use of nuclear weapons.” In this photo taken from a video released Friday, a Russian serviceman operates at an undisclosed location in Ukraine. Kremlin spokesman Dmitry Peskov kept up Russia's bellicose tone on Friday, blaming “the reckless decisions and actions of Western countries” in supplying weapons to Ukraine to strike Russia. "The Russian side has clearly demonstrated its capabilities, and the contours of further retaliatory actions in the event that our concerns were not taken into account have also been quite clearly outlined," he said. Hungarian Prime Minister Viktor Orbán, widely seen as having the warmest relations with the Kremlin in the European Union, echoed Moscow’s talking points, suggesting the use of U.S.-supplied weapons in Ukraine likely requires direct American involvement. “These are rockets that are fired and then guided to a target via an electronic system, which requires the world’s most advanced technology and satellite communications capability,” Orbán said on state radio. “There is a strong assumption ... that these missiles cannot be guided without the assistance of American personnel.” Orbán cautioned against underestimating Russia’s responses, emphasizing that the country’s recent modifications to its nuclear deployment doctrine should not be dismissed as a “bluff.” “It’s not a trick ... there will be consequences,” he said. Czech Republic's Foreign Minister Jan Lipavsky speaks to journalists Friday during a joint news conference with Ukraine's Foreign Minister Andriiy Sybiha in Kyiv, Ukraine. Separately in Kyiv, Czech Foreign Minister Jan Lipavský called Thursday’s missile strike an “escalatory step and an attempt of the Russian dictator to scare the population of Ukraine and to scare the population of Europe.” At a news conference with Ukrainian Foreign Minister Andrii Sybiha, Lipavský also expressed his full support for delivering the necessary additional air defense systems to protect Ukrainian civilians from the “heinous attacks.” He said the Czech Republic will impose no limits on the use of its weapons and equipment given to Ukraine. Three lawmakers from Ukraine's parliament, the Verkhovna Rada, confirmed that Friday's previously scheduled session was called off due to the ongoing threat of Russian missiles targeting government buildings in central Kyiv. In addition, there also was a recommendation to limit the work of all commercial offices and nongovernmental organizations "in that perimeter, and local residents were warned of the increased threat,” said lawmaker Mykyta Poturaiev, who said it's not the first time such a threat has been received. Ukraine’s Main Intelligence Directorate said the Oreshnik missile was fired from the Kapustin Yar 4th Missile Test Range in Russia’s Astrakhan region and flew 15 minutes before striking Dnipro. Test launches of a similar missile were conducted in October 2023 and June 2024, the directorate said. The Pentagon confirmed the missile was a new, experimental type of intermediate-range missile based on its RS-26 Rubezh intercontinental ballistic missile. Thursday's attack struck the Pivdenmash plant that built ICBMs when Ukraine was part of the Soviet Union. The military facility is located about 4 miles southwest of the center of Dnipro, a city of about 1 million that is Ukraine’s fourth-largest and a key hub for military supplies and humanitarian aid, and is home to one of the country’s largest hospitals for treating wounded soldiers from the front before their transfer to Kyiv or abroad. We're all going to die someday. Still, how it happens—and when—can point to a historical moment defined by the scientific advancements and public health programs available at the time to contain disease and prevent accidents. In the early 1900s, America's efforts to improve sanitation, hygiene, and routine vaccinations were still in their infancy. Maternal and infant mortality rates were high, as were contagious diseases that spread between people and animals. Combined with the devastation of two World Wars—and the Spanish Flu pandemic in between—the leading causes of death changed significantly after this period. So, too, did the way we diagnose and control the spread of disease. Starting with reforms as part of Roosevelt's New Deal in the 1930s, massive-scale, federal interventions in the U.S. eventually helped stave off disease transmission. It took comprehensive government programs and the establishment of state and local health agencies to educate the public on preventing disease transmission. Seemingly simple behavioral shifts, such as handwashing, were critical in thwarting the spread of germs, much like discoveries in medicine, such as vaccines, and increased access to deliver them across geographies. Over the course of the 20th century, life expectancy increased by 56% and is estimated to keep increasing slightly, according to an annual summary of vital statistics published by the American Academy of Pediatrics in 2000. Death Records examined data from the Centers for Disease Control and Prevention to see how the leading causes of death in America have evolved over time and to pinpoint how some major mortality trends have dropped off. According to a report published in the journal Annual Review of Public Health in 2000, pneumonia was the leading cause of death in the early 1900s, accounting for nearly 1 in 4 deaths. By the time World War I ended in 1918, during which people and animals were housed together for long periods, a new virus emerged: the Spanish Flu. Originating in a bird before spreading to humans, the virus killed 10 times as many Americans as the war. Many died of secondary pneumonia after the initial infection. Pneumonia deaths eventually plummeted throughout the century, partly prevented by increased flu vaccine uptake rates in high-risk groups, particularly older people. Per the CDC, tuberculosis was a close second leading cause of death, killing 194 of every 10,000 people in 1900, mainly concentrated in dense urban areas where the infection could more easily spread. Eventually, public health interventions led to drastic declines in mortality from the disease, such as public education, reducing crowded housing, quarantining people with active disease, improving hygiene, and using antibiotics. Once the death rates lagged, so did the public health infrastructure built to control the disease, leading to a resurgence in the mid-1980s. Diarrhea was the third leading cause of death in 1900, surging every summer among children before the impacts of the pathogen died out in 1930. Adopting water filtration, better nutrition, and improved refrigeration were all associated with its decline. In the 1940s and 1950s, polio outbreaks killed or paralyzed upward of half a million people worldwide every year. Even at its peak, polio wasn't a leading cause of death, it was a much-feared one, particularly among parents of young children, some of whom kept them from crowded public places and interacting with other children. By 1955, when Jonah Salk discovered the polio vaccine, the U.S. had ended the "golden age of medicine." During this period, the causes of mortality shifted dramatically as scientists worldwide began to collaborate on infectious disease control, surgical techniques, vaccines, and other drugs. From the 1950s onward, once quick-spreading deadly contagions weren't prematurely killing American residents en masse, scientists also began to understand better how to diagnose and treat these diseases. As a result, Americans were living longer lives and instead succumbing to noncommunicable diseases, or NCDs. The risk of chronic diseases increased with age and, in some cases, was exacerbated by unhealthy lifestyles. Cancer and heart disease shot up across the century, increasing 90-fold from 1900 to 1998, according to CDC data. Following the post-Spanish Flu years, heart disease killed more Americans than any other cause, peaking in the 1960s and contributing to 1 in 3 deaths. Cigarette smoking rates peaked at the same time, a major risk factor for heart disease. Obesity rates also rose, creating another risk factor for heart disease and many types of cancers. This coincides with the introduction of ultra-processed foods into diets, which plays a more significant role in larger waistlines than the increasing predominance of sedentary work and lifestyles. In the early 1970s, deaths from heart disease began to fall as more Americans prevented and managed their risk factors, like quitting smoking or taking blood pressure medicine. However, the disease remains the biggest killer of Americans. Cancer remains the second leading cause of death and rates still indicate an upward trajectory over time. Only a few types of cancer are detected early by screening, and some treatments for aggressive cancers like glioblastoma—the most common type of brain cancer—have also stalled, unable to improve prognosis much over time. In recent years, early-onset cancers, those diagnosed before age 50 or sometimes even earlier, have seen a drastic rise among younger Americans. While highly processed foods and sedentary lifestyles may contribute to rising rates, a spike in cancer rates among otherwise healthy young individuals has baffled some medical professionals. This follows the COVID-19 pandemic that began in 2020. At its peak, high transmission rates made the virus the third leading cause of death in America. It's often compared to the Spanish Flu of 1918, though COVID-19 had a far larger global impact, spurring international collaborations among scientists who developed a vaccine in an unprecedented time. Public policy around issues of safety and access also influences causes of death, particularly—and tragically—among young Americans. Gun control measures in the U.S. are far less stringent than in peer nations; compared to other nations, however, the U.S. leads in gun violence. Firearms are the leading cause of death for children and teens (around 2 in 3 are homicides, and 1 in 3 are suicides), and deaths from opioids remain a leading cause of death among younger people. Globally, the leading causes of death mirror differences in social and geographic factors. NCDs are primarily associated with socio-economic status and comprise 7 out of 10 leading causes of death, 85% of those occurring in low- and middle-income countries, according to the World Health Organization. However, one of the best health measures is life expectancy at birth. People in the U.S. have been living longer lives since 2000, except for a slight dip in longevity due to COVID-19. According to the most recent CDC estimates, Americans' life expectancy is 77.5 years on average and is expected to increase slightly in the coming decades. Story editing by Alizah Salario. Additional editing by Kelly Glass. Copy editing by Paris Close. Photo selection by Lacy Kerrick. This story originally appeared on Death Records and was produced and distributed in partnership with Stacker Studio. Get local news delivered to your inbox!

Rice builds up big lead early, hangs on to beat USF 35-28Involuntary medication could be next step for suspect in 2022 Greeley homicide case(NAPSI)—The holidays are the most wonderful time of the year, but when the average American is spending nearly $1,000 on gifts, food, and decorations, they can also be the most stressful. For many, the pressure to create a picture-perfect holiday can stretch budgets a bit too far. Many of today’s shoppers seek advice from their favorite online influencers, sourcing creative hacks, recipes, DIY projects, and tips to keep the holidays magical without overspending. In fact, 69% of consumers say they value and actively seek out influencer recommendations. Now, questions don’t need to get buried in the comments. This December, TextNow is flipping the script on holiday stress by introducing the Holiday Hotline , a free resource to help you navigate the season, with advice a mere text away. Whether it’s finding affordable gifts, creating a festive dinner on a budget, or even learning how to save on your monthly bills, the Holiday Hotline can make things simpler, cheaper, and—perhaps most importantly—more joyful. TextNow Holiday Hotline: Expert Advice at Your Fingertips From December 5–10, TextNow’s Holiday Hotline connects you with relatable experts (aka some of your favorite influencers including social media creator and podcast host Remi Cruz, Kayla Savings, and Melissa Weiss) who will share their go-to tips for a budget-friendly holiday. Here’s what you can expect: • Holiday Budgeting 101: Learn simple ways to stretch every dollar and avoid those dreaded post-holiday bills. • Affordable Gift-Giving Ideas: Thoughtful, creative gifts that won’t break the bank. • Festive Decorating on a Dime: Transform your home into a holiday wonderland with budget-friendly hacks. • Stress-Free Holiday Cooking: Recipes and meal-planning tips to impress your guests. Need more advice? Just text the hotline at 310-299-3584, and you’ll get personalized, practical tips sent straight to your phone. Win $1,000 for Your Holiday Dinner As if free expert advice wasn’t enough, TextNow is also giving you the chance to win big this holiday season. Enter the $1,000 Dinner Giveaway for a shot at a $1,000 gift card to cover your holiday expenses—whether it’s for food, gifts, travel, or whatever else makes your season special. Entering is simple: 1.Head to TextNow’s Instagram . 2.Like the giveaway post. 3.Share your best holiday tip in the comments (bonus: share the post to your story for an extra entry). 4.The giveaway runs from December 5-12, with winners announced from December 13-16. Save More This Holiday Season TextNow is more than just a phone service—it’s a way to take control of your budget, not just during the holidays but year-round. • Free Phone Service: Unlimited calling and texting on the nation’s largest 5G network free. No gimmicks, no contracts. • Free Essential Data: Get free data for such essential apps as maps, rideshare, and email when you activate your SIM card. • Additional Flexible Data Plans: Add extra data only when you need it, with hourly, daily, or monthly passes. Getting started with TextNow is easy. Download the app to call and text for free over Wi-Fi or unlock free cellular service with a $4.99 SIM card. Learn More For more details, visit www.TextNow.com . Word Count: 491

Yogi Adityanath Champions Dharma and Technological Progress

Hyderabad : Bharat Rashtra Samithi (BRS) working president K. T. Rama Rao on Saturday said that regional parties have always been and will continue to be the future of Indian politics. He also alleged that the Congress party has failed to become a strong opposition but is hellbent on destroying regional parties. Rama Rao also believes that the BJP is surviving because of the Congress party's inability and incompetence. He accused both the national parties of piggybacking on regional parties. KTR, as Rama Rao is popularly known, was reacting to the results of the Maharashtra and Jharkhand Assembly elections. "The writing is on the wall! Today's Maharashtra and Jharkhand election results have sent a clear message: Regional parties have always been and will continue to be the future of Indian politics," KTR posted on 'X'. "Congress party fails to become a strong opposition but is hellbent on destroying regional parties. This has become a recurring theme. I reiterate BJP is surviving only because of Congress' inability and incompetence. Both the national parties are shamelessly piggybacking on regional parties' hard work and commitment," said the BRS MLA. He also said that Telangana Chief Minister A. Revanth Reddys campaign in Maharashtra proved utter flop. "Also, a word of advice to CM Revanth Reddy. Your campaigns, speeches bags and choppers couldn’t save your party from utter failure, now can you focus on your primary duty as the CM and deliver the six guarantees that you promised to the Telangana public more than a year ago," he added. Meanwhile, Union Minister for Coal and Mines G. Kishan Reddy hailed Mahayuti's landslide victory in Maharashtra. "Thank you, Maharashtra, for the landslide mandate to BJP-SS-NCP. This mandate is a reiteration of the faith, trust, and confidence of the people of Maharashtra in the development and welfare-oriented politics of the Mahayuti government and the dynamic leadership of Prime Minister Narendra Modi," he said. The BJP leader congratulated all the party workers in Maharashtra. "With renewed energy, Mahayuti will continue to work towards making Maharashtra a $1 trillion economy," he added. He said the Congress party has once again become a laughing stock. He alleged that Congress leader Rahul Gandhi carried out false propaganda and tried to divide people in the name of religion and caste but the people of Maharashtra taught a lesson to the INDIA bloc.The 36-year-old was granted interim suppression until at least May, after claiming his business could suffer adverse financial consequences, if media published his name. He is charged with dangerous driving and fighting in public, in connection with an August incident near Silverdale. That allegedly left the 74-year-old victim, who has also been charged, with concussion symptoms, cuts and a contusion.

Geneva, Switzerland, Dec. 19, 2024 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, today announced that it has completed a registered direct offer to several institutional investors of 13,157,896 ordinary shares at a public offering price of $1.90, for gross proceeds of $25.0 million (the “Offering”), before deducting commissions and offering expenses. This brings the total gross proceeds from financings completed this week to $60.0 million, before deducting commissions and offering expenses. The Company confirms that, given the terms of the financings completed in the last week, it does not currently expect to enter into any further registered direct offering of ordinary shares for at least the next 60 days as a result of the funds raised. Maxim Group LLC acted as the sole placement agent for the Offering. SEALSQ currently intends to utilize the net proceeds from the Offering to fund the deployment of its next-generation post-quantum semiconductor technology and ASIC capabilities in the United States, to support working capital and for general corporate purposes. Carlos Moreira, CEO of the SEALSQ, said, “We are delighted to have secured this financing, which enables us to focus on advancing our quantum strategy, particularly the development and market launch of our post-quantum chips. The funds raised over the past week will significantly support the achievement of our strategic goals. As we move into the new year, we look forward to sharing further details on the Company's next steps.” The securities described above were offered by the Company pursuant to an effective shelf registration statement on Form F-3 (File No. 333-283358) previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (“SEC”) on November 27, 2024. A prospectus supplement relating to the securities issued in, and describing the terms of, the Offering was filed by the Company with the SEC. Copies of the prospectus supplement relating to the Offering, together with the accompanying prospectus, can be obtained at the SEC's website at www.sec.gov or by contacting Maxim Group LLC, at 300 Park Avenue, 16th Floor, New York, NY 10022, Attention: Syndicate Department, or via email at syndicate@maximgrp.com or by telephone at (212) 895-3745. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. About SEALSQ: SEALSQ focuses on selling integrated solutions based on Semiconductors, PKI and Provisioning services, while developing Post-Quantum technology hardware and software products. Our solutions can be used in a variety of applications, from Multi-Factor Authentication tokens, Smart Energy, Smart Home Appliances, Medical and Healthcare and IT Network Infrastructure, to Automotive, Industrial Automation and Control Systems. Post-Quantum Cryptography (PQC) refers to cryptographic methods that are secure against an attack by a quantum computer. As quantum computers become more powerful, they may be able to break many of the cryptographic methods that are currently used to protect sensitive information, such as RSA and Elliptic Curve Cryptography (ECC). PQC aims to develop new cryptographic methods that are secure against quantum attacks. For more information, please visit www.sealsq.com. Forward Looking Statements This communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipates will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ’s ability to implement its growth strategies; SEALSQ’s ability to successfully launch post-quantum semiconductor technology; SEALSQ’s ability to capture a share of the quantum semiconductor market; the growth of the quantum computing market; SEALSQ’s ability to expand its U.S. operations; SEALSQ’s ability to make additional investments towards the development of a new generation of quantum-ready semiconductors; SEALSQ’s ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; the growth of the quantum computing market; and the risks discussed in SEALSQ’s filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC. SEALSQ Corp is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise. Press and Investor Contacts SEALSQ Corp. Carlos Moreira Chairman & CEO Tel: +41 22 594 3000 info@sealsq.com SEALSQ Investor Relations (US) The Equity Group Inc. Lena Cati Tel: +1 212 836-9611 / lcati@equityny.com Katie Murphy Tel: +212 836-9612 / kmurphy@equityny.comNone

I’d Happily Load Up on These 2 Canadian Stocks if They FallPitt quarterback Eli Holstein leaves game with left leg injury against Louisville