Breaks Categories: News

MondayOct 26, 2020 12:19 pm

NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Announces Conversion of Debenture

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a fintech provider disrupting the automotive industry, on Friday announced that the sole holder of a $1.5 million convertible debenture with a maturity date of October 22, 2020, has elected to convert the entire principal, pursuant to an unsecured convertible note dated October 22, 2019. According to the update, $1.0 million of the principal amount is convertible at a price of $0.065 and $500,000 of the principal amount is convertible at a price of $0.085. In total, 21,266,968 common shares will be issued as fully paid and non‑assessable shares in the capital…

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MondayOct 26, 2020 11:49 am

NetworkNewsBreaks – DarioHealth Corp. (NASDAQ: DRIO) Featured in Seeking Alpha Article Discussing Its Disruption in Chronic Disease Market

DarioHealth (NASDAQ: DRIO), a pioneer in the global digital-therapeutics market, was featured in a recent Seeking Alpha news article. The piece, titled “DarioHealth: Don't Overlook This Mini Livongo,” discusses disruptors in the chronic disease market, such as Omada Health, Virta Health and Lark Health. The article specifically focuses on DRIO and the competition it brings to larger players like Livongo Health Inc. (NASDAQ: LVGO), which generated great returns for investors. The article reads, “After LVGO got bought out, I started to look for other digital health plays, specifically competitors to LVGO. Recently, I found a tiny company called DarioHealth (NASDAQ:…

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MondayOct 26, 2020 11:02 am

NetworkNewsBreaks – InvestorBrandNetwork Continues Longtime ISG Collaboration to Expand Reach for Virtual Fall Summit

InvestorBrandNetwork (“IBN”), an innovative corporate communications agency and diversified content distributor, today announced that it will once again collaborate with the Investor Summit Group (“ISG”) to provide extended coverage for the organization’s flagship event — the upcoming Virtual Fall Summit. The event is slated to take place from November 16-18, 2020, and bring together a meticulously selected group of 75 companies drawn from a wide range of sectors, representing some of today’s most innovative micro and small-cap companies. Despite what has proven to be a largely tumultuous and disrupted year with investors and corporate management teams unable to meet in…

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MondayOct 26, 2020 10:22 am

NetworkNewsBreaks – DGTL Holdings Inc. (TSXV: DGTL) Announces US$1M SaaS Contract for E-Sports Marketing Services

DGTL Holdings (TSXV: DGTL), focused on the acquisition and acceleration of disruptive digital media and advertising technology companies, recently announced that it has secured a new client service agreement with a global leader in e-marketing services. Valued at $1,000,000 USD, the twelve-month contract will leverage Hashoff's "IAM" and "Create Marketplace" products for marketing to the e-sports sector. The software-as-a-service (“SaaS”) license agreement was executed with a global marketing partner, currently active and operating across four continents and 15 sectors, including financial services, specialized distribution, telecommunications, media and technology, transportation and mobility, and more. "E-sports has become a central digital media…

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MondayOct 26, 2020 9:35 am

NetworkNewsBreaks – TransAct Technologies Incorporated (NASDAQ: TACT) Secures $10M Through Underwritten Public Offering

TransAct Technologies (NASDAQ: TACT), a global leader in software-driven technology and printing solutions for high-growth markets, has closed an underwritten public offering of 1,380,000 newly issued shares of its common stock, including 180,000 additional shares per the full exercise of the over-allotment option granted to the underwriters. According to the update, TransAct Technologies secured approximately $10 million in gross proceeds, with each of the shares sold at the public offering price of $7.10. TransAct intends to use the proceeds for working capital and general corporate purposes, which may include funding further development of its food service technology business and related…

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FridayOct 23, 2020 1:43 pm

NetworkNewsBreaks – DGTL Holdings Inc. (TSXV: DGTL) Secures Contract with Global Leader in Online Sports Fantasy Gambling

DGTL Holdings’ (TSXV: DGTL) subsidiary, Hashoff LLC, recently entered a 14-month SaaS licensing agreement with a global online fantasy sports gambling company. According to the update, the service agreement was executed directly with the premier online fantasy sports contest brand listed on the Nasdaq exchange. The new customer allows active users to enter and bet, on daily and weekly fantasy sports-related contests, in several major professional sports leagues. “While our channel partnership program is consistently winning business since the launch earlier this month, our core direct-to-brand business and flexible SaaS model continues to attract top tier clients across several growth…

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FridayOct 23, 2020 1:02 pm

NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Signs Premier Auto to DRIVRZ

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a fintech provider disrupting the automotive industry, was selected by Premier Auto Group, one of the fastest growing auto dealership networks in the U.S. for the signing of Premier Auto’s dealers onto PowerBand’s virtual transaction platform, DRIVRZ. According to the update, with sales from its 24 dealerships nearing US$1 billion, Premier Auto's dealers will have access to the DRIVRZ virtual transaction platform and 4.5 million new and used cars. “The DRIVRZ platform offers an exciting new way for people to buy, lease, sell and trade in cars and trucks, all on one…

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FridayOct 23, 2020 12:06 pm

NetworkNewsBreaks – KBL Merger Corp. IV’s (NASDAQ: KBLM) Special Meeting to be Held November 5, 2020, 180 Life Sciences Featured in Exclusive Broadcast

KBL Merger Corp. (NASDAQ, KBLMKBL, KBLMR, KBLMW) (“KBL”), a special purpose acquisition company (“SPAC”) that previously announced the agreement to acquire 180 Life Sciences Corp., today announced postponement of the special meeting of its stockholders (the “Special Meeting”) to November 5, 2020. KBL determined to postpone the Special Meeting (originally scheduled for Monday, October 26, 2020) so that it better aligns with anticipated timing of the proposed business combination with 180 Life Sciences. As a result of this change, the Special Meeting will now be held at 10:00 a.m., local time, on November 5, 2020, at the offices of KBL…

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FridayOct 23, 2020 10:54 am

NetworkNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Opens the Market in Virtual Broadcast

Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for electric motors and powertrains, on Thursday joined TMX Group’s Head of Company Services Berk Sumen for a virtual broadcast. Exro CEO Sue Ozdemir and her team joined Sumen to celebrate the company's new listing on TSX Venture Exchange and to open the market for the day’s trading. The celebration comes on the heels of Exro’s launch of its new Calgary Innovation Center — a distinctive facility dedicated to the delivery of commercial products based on expert in-house design, testing and…

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FridayOct 23, 2020 10:47 am

NetworkNewsBreaks – Sigma Labs Inc. (NASDAQ: SGLB) Announces Q3 2020 Financial Results

Sigma Labs (NASDAQ: SGLB), a leading developer of in-process quality assurance software for the commercial 3D metal printing industry, on Thursday released its financial and operational results for the third quarter ended September 30, 2020. “The third quarter of 2020 was about execution and laying the foundation for a successful 2021, and we are very pleased to have made significant progress in each of the strategic initiatives that we established at the beginning of the year,” Mark K. Ruport, president and chief executive officer of Sigma Labs, said in the press release. “On the financial front, our balance sheet expanded…

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