BlackRock Institutional Trust Company N.A. (IRUB) News

Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to announce a pivotal strategic development for the company. Nextech3D.ai has entered into a Letter of Intent to sell up to an 80% equity interest in its spin-out subsidiary, Toggle3D.ai, to TQG Technologies. The proposed transaction not only transitions Toggle3D.ai into its next phase of evolution under new majority ownership, but also provides Nextech3D.ai with a non-dilutive capital infusion of CAD $610,000, strengthening the company’s balance sheet and strategic flexibility without impacting existing shareholder equity. Gappelberg explained that the transaction will be structured in three tranche wuth TQG Technologies acquireing 11 million shares of Toggle3D.ai for CAD $610,000 in cash. Contingent on the closing of TQG’s capital raise, an additional 5 million shares will be purchased for CAD $276,000. The final stage will complete the 80% acquisition through a combination of share purchases and the vending-in of TQG’s strategic assets into Toggle3D.ai. As part of the agreement framework, a non-refundable deposit of CAD $177,000 will be paid by TQG upon the finalization of the deal’s structure by its management. Further milestone-based payments are scheduled to be completed by August 2025. Additionally, Nextech3D.ai stands to receive a performance-based bonus of CAD $710,000 if TQG successfully closes a financing round of at least USD $5 million by that time. The two companies plan to issue a joint public announcement upon the execution of the definitive agreement and will coordinate a co-branded PR campaign to spotlight Toggle3D.ai’s new strategic direction and business roadmap under TQG’s leadership. #nextech3d.al #otcqx #nexcf #cse #ntar #EvanGappelberg #ARway #AugmentedReality #SpatialMapping #IndoorNavigation #MapDynamics #EventTech #TradeShowSolutions #TechStocks #ARRevenueGrowth #3DTechnology #ProactiveInvestors #toggle3d TQGtechnologies

Optima Health PLC chief executive Jonathan Thomas talked with Proactive's Stephen Gunnion about the company's acquisition of Ireland-based Cognate Health. This deal marks Optima Health’s first foray outside the UK and is aligned with its strategy to supplement organic growth through mergers and acquisitions. Thomas said the move adds around €7 million in revenue and approximately £1 million in EBITDA to the group. Cognate Health is described as a strong platform with 30 clinic facilities across Ireland and around 60 experienced personnel, along with a network of clinicians. According to Thomas, “It’s a really great platform… in addition to obviously the financial aspects… really great opportunities to collaborate, revenue synergies and grow the businesses collectively.” He explained that expanding into a new regulated market provides access to multinational clients seeking services across both the UK and Ireland. The acquisition allows Optima Health to tailor services across jurisdictions while opening up new cross-sell opportunities. Thomas added that the company expects to announce more acquisitions during the year, with several discussions currently underway. Visit Proactive’s YouTube channel for more in-depth business updates and interviews. Don’t forget to give the video a like, subscribe to the channel, and enable notifications so you never miss a story. #OptimaHealth #CognateHealth #HealthcareAcquisition #MergersAndAcquisitions #JonathanThomas #OccupationalHealth #WorkplaceWellbeing #IrelandHealthcare #BusinessExpansion #ProactiveInvestors

Bitwise Asset Management European Head Bradley Duke talked with Proactive's Stephen Gunnion about Bitcoin's resilience amid market volatility and the macroeconomic factors that continue to provide a bullish backdrop for the cryptocurrency. Speaking from Paris Blockchain Week, Duke noted that despite Bitcoin falling from its early-year highs of nearly $110,000 to around $83,000, market conditions remain supportive. He pointed to expectations of inflation, potential global rate cuts, and an expanding money supply as strong tailwinds. “The setup is very bullish at the moment,” he said, noting that supply-side constraints could accelerate any price recovery. Duke also highlighted growing interest from sovereign and corporate investors. He cited discussions in countries like Sweden, France, and Japan around holding Bitcoin as a strategic reserve, alongside listed companies and smaller private firms adding Bitcoin to their treasuries. “Currently, the corporate demand for Bitcoin is outstripping the supply by more than two times,” Duke explained. He concluded by noting the historically low exchange balances of Bitcoin, signalling a lack of sellers. “My feeling is that when it does start to move back up again, it's going to jump up because there simply aren't any sellers,” he added. Visit Proactive’s YouTube channel for more videos, and don’t forget to give the video a like, subscribe to the channel and enable notifications for future content. #Bitcoin #CryptoMarkets #BradleyDuke #BitwiseAssetManagement #ParisBlockchainWeek #BitcoinPrice #CorporateCrypto #StrategicReserves #CryptoInvesting #DigitalAssets

New Era Helium CEO Will Gray joined Steve Darling from Proactive to provide a detailed operational update and outline the company’s forward-looking development strategy. Gray highlighted ongoing progress across multiple business fronts, including the Pecos Slope Plant project, helium offtake planning, and the company's parallel expansion into AI-driven infrastructure through its joint venture, Texas Critical Data Centers, LLC (TCDC). At the Pecos Slope Field, New Era Helium is actively engaged with its midstream gatherer and processor following a recent transition in both the ownership and management of that third-party entity. Discussions remain constructive, with NEH focused on securing an outcome that is both operationally efficient and financially beneficial. However, Gray acknowledged that as a result of these negotiations, along with delays in securing project financing during the company’s recent de-SPAC process, the construction timeline for the Pecos Slope Plant has been extended. To mitigate potential delays and maintain momentum toward monetization, NEH has initiated contingency planning for helium offtake agreements. These efforts are running in parallel with construction timelines and are designed to ensure flexibility in commercial arrangements. The company remains in active dialogue with current counterparties while exploring new agreements to unlock long-term value and ensure a robust path to revenue generation from its helium assets. NEH stands out as one of only two companies trading on a major U.S. exchange with both proved and probable helium reserves, positioning it as a rare and de-risked opportunity in the helium investment landscape. Despite current production from its properties, the company is not receiving payment under its existing marketing agreement, which has surpassed its primary term and now operates on a month-to-month basis. The company is evaluating its options to optimize the commercial structure moving forward. Beyond its he