Breaks Categories: News

WednesdayJul 22, 2020 3:10 pm

NetworkNewsBreaks – Altimmune Inc. (NASDAQ: ALT) Closes Public Offering Totaling $132.3 Million

Altimmune (NASDAQ: ALT), a clinical-stage biopharmaceutical company, has completed an underwritten public offering resulting in gross proceeds for the company of an estimated $132.2 million. According to a recent announcement, the company closed the offering of 4,119,564 shares of its common stock, including 750,000 additional shares pursuant to the full exercise of the over-allotment option granted to underwriters and other specific investors, prefunded warrants to purchase 1,630,436 shares of ALT common stock at an exercise price of $0.0001 per share. The public offering price of each share was $23, while the public offering price of each prefunded warrant was $22.999 per…

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WednesdayJul 22, 2020 10:50 am

NetworkNewsBreaks – Jamf Holding Corp. (NASDAQ: JAMF) Announces IPO Upsize and Pricing

Jamf Holding (NASDAQ: JAMF) (“Jamf”), the standard in Apple Enterprise Management, on Tuesday announced the pricing of its initial public offering (“IPO”) of 18,000,000 shares of its common stock at a price to the public of $26.00 per share. Of the shares, 13,500,000 are being offered by Jamf and 4,500,000 are being offered by certain of Jamf’s existing selling shareholders. According to the update, the offering was upsized from the previously announced 16,000,000 shares. Underwriters have the option to purchase up to an additional 2,700,000 shares of common stock from the selling shareholders at the initial public offering price, less…

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WednesdayJul 22, 2020 10:27 am

NetworkNewsBreaks – Inventiva S.A. (NASDAQ: IVA) (Euronext Paris: IVA) Secures $107.7M in US Initial Public Offering

Inventiva (NASDAQ: IVA) (Euronext Paris: IVA), a clinical-stage biopharmaceutical company focused on the development of oral small molecule therapies for the treatment of non-alcoholic steatohepatitis (“NASH”), mucopolysaccharidoses (“MPS”) and other diseases with significant unmet medical need, has closed its U.S. initial public offering on the Nasdaq Global Market. According to the update, the offering consisted of 7,478,261 new ordinary shares in the form of American Depositary Shares (“ADSs”), each representing one ordinary share. Inventiva secured approximately $107.7 million in gross proceeds, with each of the ADSs sold at the public offering price of $14.40. Inventiva S.A. has granted the underwriters…

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WednesdayJul 22, 2020 9:40 am

NetworkNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) Moves to the Top of the OTC Market

Willow Biosciences (TSX: WLLW) (OTCQX: CANSF) this morning announced that it has been approved to commence trading on the OTCQX(R) Best Market (the "OTCQX") under the symbol "CANSF,” beginning today, July 22, 2020. Willow has upgraded to the OTCQX from the OTCQB(R) Venture Market (the "OTCQB"). "We are very excited to migrate to the top of the OTC market, the OTCQX(R) Best Market," Trevor Peters, president and CEO of Willow, stated in the news release. "This is a key milestone for us and allows for prospective U.S. investors to more easily invest in the Company. It is also a testament…

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TuesdayJul 21, 2020 1:36 pm

NetworkNewsBreaks – Nanotech Energy Inc. Featured in UCLA Innovations Magazine, Recognized for Energy Graphene Super Battery

Nanotech Energy, the world's top supplier of graphene, today announced that it was featured in the UCLA Technology Development Group’s July 2020 edition of Innovation Magazine. The July edition also featured Nanotech Energy ‘s chairman and CEO Dr. Jack Kavanaugh and co-founder Dr. Richard Kaner, distinguished professor at the UCLA Department of Chemistry and Biochemistry. According to the update, the Company is being recognized for its Energy Graphene Super Battery, which delivers nonflammable, high-performance and is endorsed by Head of Electric at Daimler Mercedes. “Our entire team is incredibly proud of our work and our UCLA affiliation,” Kavanaugh stated in…

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TuesdayJul 21, 2020 1:22 pm

NetworkNewsBreaks – Hemptown Organics Corp Enters LOI to Acquire Innovative Companies

Hemptown Organics on Monday announced its entry into a letter of intent ("LOI") with Hempacco Company Inc. and Pacifica Premiums Inc. According to the update, the LOI contemplates that Hemptown will acquire all of the outstanding shares of both Hempacco and Pacifica Premiums, to further diversify the its product offering and expand its distribution and sales channels. "We are very excited for the opportunity to acquire this unique group of innovative companies representing a rapidly growing sector of the overall hemp and cannabinoid industry. Industrial hemp smokable products present as massive opportunity both as a smoking cessation product, and for…

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TuesdayJul 21, 2020 12:53 pm

NetworkNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Enters Agreement for 250 Acres of Prestigious Land in BC’s Fraser Valley Region

Pac Roots Cannabis Corp. (CSE: PACR), ("PacRoots") or (the "Company"), today announced the execution of a share purchase agreement with 1088070 BC. LTD., a company existing under the laws of the Canada ("1088") and Dave Jonkman and Norm Tapp (together, the "1088 Shareholders" and each, a "1088 Shareholder"). Under the agreement, the Company would acquire all of the issued and outstanding shares of 1088, which owns and controls nine parcels comprised of 250 acres of prestigious land in the Fraser Valley Region of British Columbia. "The addition of such a substantial package of land to our portfolio is a major…

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TuesdayJul 21, 2020 11:50 am

NetworkNewsBreaks – Sustainable Green Team, Ltd. (SGTM) Continues with Expansion Plan with 93% Decrease in Authorized Shares

Sustainable Green Team (OTC: SGTM), formerly National Storm Recovery, a leading provider of environmentally beneficial solutions to tree and storm waste disposal, announced that, effective today, it has decreased its authorized shares by 3,249,000,000 to 250,000,000. “I am proud of my team and all that we have achieved thus far,” Tony Raynor, SGTM’s CEO and director, stated in the news release. “We have achieved ‘current information’ status with OTC Markets Group and having acquired Mulch Manufacturing (in the two months of our first quarter), we exceeded expectations and vastly increased our assets and revenue, and our audit mentioned in May…

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TuesdayJul 21, 2020 11:17 am

NetworkNewsBreaks – Genprex, Inc. (NASDAQ: GNPX) Announces $2.59M NIH Research Grant to Lead Researcher Behind Its Diabetes Gene Therapy

Genprex (NASDAQ: GNPX), today announced that Dr. George K. Gittes, MD of the University of Pittsburgh, the lead researcher that developed the company’s potentially curative diabetes gene therapy, was awarded a grant of $2.59 million from the National Institutes of Health (“NIH”) National Institute of Diabetes and Digestive and Kidney Diseases. According to the update, the grant will assist Dr. Gittes’ development for his research project titled, “Alpha Cell Conversion to Beta Cells in Non-human Primates” and build upon his accumulating groundbreaking gene therapy work toward finding a cure for diabetes. “We are excited to receive this funding to support…

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TuesdayJul 21, 2020 10:29 am

NetworkNewsBreaks – The Movie Studio, Inc. (MVES) Enters Advertising Channel Agreement with eStreamTV

The Movie Studio (OTC: MVES), today announced that it has executed an advertising channel agreement with eStreamTV, a provider of integrating programmatic advertising on television platforms. According to the update, the agreement will include revenue sharing and integration of eStreamTV into The Movie Studio’s new app, currently available in the Google Play Store and the Apple App Store as part of a soft launch, with full launch anticipated in early fall 2020. Initial application of the agreement will focus on advertiser insertion into The Movie Studio’s over the top (“OTT”) and app platform as the “foundation” of the Company’s advertiser…

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