CBOE Options Exchange

**Mill City Ventures' Options Trading Commencement on Cboe Global Markets**:

1. **Significance of Options Trading Commencement**: Mill City Ventures III, Ltd. (NASDAQ: MCVT) has announced the commencement of options trading for its common stock on the Cboe Global Markets, effective August 22, 2025. This development is expected to enhance investor participation and liquidity in Mill City shares, providing new tools for managing risk and leveraging positions related to the company's future performance.
2. **Market Reaction and Potential Impact**:
- The introduction of listed options with standard expiration dates and strike prices is anticipated to broaden investor participation and support greater liquidity in Mill City shares.
- This milestone also indicates growing investor engagement and confidence in the company's long-term execution of its SUI treasury strategy.
3. **Institutional Interest and Market Position**: Institutional investors have shown interest in Cboe Global Markets, with AlphaQuest LLC increasing its stake by 46.5% and CW Advisors LLC acquiring a new position worth approximately $1,769,000.
- Cboe Global Markets has reported a quarterly dividend increase, reflecting a positive trend in returns for shareholders.
- The company's recent earnings report beat EPS expectations, marking a year-over-year revenue increase of 14.3%.
4. **Dividend Increase and Analyst Ratings**: Cboe Global Markets announced a quarterly dividend increase from $0.63 to $0.72, with a yield of 1.2%, effective for shareholders of record as of August 29.
- Analysts have lifted price objectives for Cboe Global Markets, with Keefe, Bruyette & Woods setting a new price objective of $248.00 and Barclays increasing it to $256.00.

In conclusion, the commencement of options trading on the Cboe Global Markets for Mill City Ventures III, Ltd. is a significant development that enhances investor flexibility and liquidity. The broader market reaction, including institutional investments and dividend increases, suggests a positive outlook for the company.