Breaks Categories: News

WednesdaySep 30, 2020 2:08 pm

NetworkNewsBreaks – Vision Marine Technologies Announces Terms for $15M IPO

Vision Marine, a Canadian manufacturer of electric powerboats and outboard powertrain systems, recently announced terms for its initial public offering (“IPO”). According to the update, the Quebec-based company plans to raise $15 million by offering 1.7 million shares at a price range of $8 to $10. Vision Marine Technologies would command a fully diluted market value of $65 million at the midpoint of the proposed range. Founded in 2012, Vision Marine booked $2 million in revenue for the 12 months ended February 29, 2020. The company plans to list on the Nasdaq under the symbol “VMAR.” ThinkEquity is the sole…

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WednesdaySep 30, 2020 1:54 pm

NetworkNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Enters Updated LOI to Acquire 51% of Mobile Game Developer Csfctech

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced its entry into an updated letter of intent (“LOI”). Under the terms of the LOI, BHAT will acquire the control of 51% of Fuzhou Csfctech Co. Ltd. ("Csfctech") and its two subsidiaries through the direct acquisition of 51% of the outstanding shares of its offshore holding company. Csfctech is a developer and distributor of mobile games with an international user base across Mainland China, Japan, Taiwan, the United Arab Emirates and Africa.…

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WednesdaySep 30, 2020 10:23 am

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Signs Agreement for Property to Use for Planned Cannabis Cultivation

Sugarmade (SGMD) a leading, multidivisional/multiproduct/multisector supply company, has entered into a property lease agreement with LMK Capital LLC. The agreement includes five acres of cropland located in Northern California, which has been zoned for cannabis cultivation. Sugarmade plans to use the property to operate a licensed cannabis production business, which it anticipates may produce up to 3.6 million grams of high-quality cannabis flower annually. The company’s strategic plan calls for marketing the cannabis as both white-label and branded cannabis products through various distributors. Among those distributors will be BudCars Cannabis Delivery Service (“BudCars”), a cannabis delivery company that is seeing…

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WednesdaySep 30, 2020 10:15 am

NetworkNewsBreaks – Creatd Inc. (NASDAQ: CRTD) Appoints New COO to Lead Growth Strategy, Manage Partnership Initiatives

Creatd (NASDAQ: CRTD, CRTDW), the parent company and creator of the Vocal platform, today announced the appointment of Laurie Weisberg as its new chief operating officer. Weisberg currently sits on Creatd’s board of directors and will lead the company's sales team in the execution of its growth strategy and manage all strategic partnership initiatives. This appointment aligns with Creatd's 2021 plans to broaden and scale its product line and revenues, including Vocal for Brands, Seller's Choice, and Vocal+ paid subscriptions. "I have closely observed the Creatd team over the last year, particularly since I assumed my role as a member…

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WednesdaySep 30, 2020 9:56 am

NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Closes Upsized NASDAQ Initial Public Offering

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) (NASDAQ: SYTA, SYTAW), a leading global developer and provider of Push-to-Talk Over Cellular (“PTT/PoC”) systems for enterprise customers, has announced the closing of its upsized $12.6 million U.S. initial public offering on the NASDAQ. The company had previously announced the IPO of 2,100,000 units at a price of $6 per unit, with each unit comprised of one common share in the capital of the company and one warrant to purchase one common share in the capital of the company. The shares and warrants were issued separately and were approved to list on the Nasdaq…

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WednesdaySep 30, 2020 9:35 am

NetworkNewsBreaks – VistaGen Therapeutics (NASDAQ: VTGN) CEO Addresses ‘Multi-Pronged Approach’ to Growing Problem of Workplace Stress and Anxiety

VistaGen Therapeutics’ (NASDAQ: VTGN) CEO Shawn Singh authored a recent article for Business.com regarding the COVID-19 pandemic and resulting stress and anxiety impacts to the workplace. In the piece, Singh indicates that stress and anxiety, often driven by job-related issues, when left unchecked can rise to the level of an anxiety disorder with negative consequences for physical health, mental well-being, productivity and career opportunities. The global pandemic has exacerbated this largely unaddressed and widespread mental health problem in the workplace, markedly reflecting in increased prescriptions for antidepressant and anti-anxiety medications, many associated with significant side effects and safety concerns. “To…

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TuesdaySep 29, 2020 2:54 pm

NetworkNewsBreaks – VistaGen Therapeutics (NASDAQ: VTGN) CEO Discusses PH94B Drug Candidate in Applied Clinical Trials Publication

VistaGen Therapeutics (NASDAQ: VTGN), a biopharmaceutical company developing new generation medicines for anxiety, depression and other central nervous system (“CNS”) disorders, was recently featured in an Applied Clinical Trials article titled, “Pushing Late-Stage Treatments Forward in the Clinic.” In the article, VistaGen’s CEO Shawn Singh discussed the company's ongoing efforts to treat and help manage the anxiety symptoms provoked by COVID-19 and other triggers, anxiety-related disorders initially in subjects suffering from Social Anxiety Disorder (“SAD”), as well as the FDA’s consensus on the design of the company’s pivotal Phase III study of PH94B. The piece quotes Singh, who states, “Now…

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TuesdaySep 29, 2020 1:08 pm

NetworkNewsBreaks – MustGrow Biologics Corp. (CSE: MGRO) (OTCQB: MGROF) (FRA: 0C0) Pushes Bio-Pesticide Boundaries into New Continent with Currently Untreatable Pathogen

MustGrow (CSE: MGRO) (OTCQB: MGROF) (FRA: 0C0) today announced the commencement of testing of its proprietary TerraMG bio-pesticide formulation on the Panama Disease (Fusarium wilt TR4), a devastating disease pathogen ravaging the $25 billion global banana industry. MustGrow's TerraMG bio-pesticide has been proven to control similar soil-borne diseases, and the testing work will build on MustGrow's existing field data and serve as a benchmark for achieving registration labels in Colombia and other leading South American agricultural countries. "This is an exciting program for MustGrow, as we push the boundaries of our bio-pesticide into a new continent with a currently untreatable…

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TuesdaySep 29, 2020 12:27 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Progresses Toward Pilot Human Study Using DehydraTECH Platform in Antiviral Drug Delivery

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), a global innovator in drug delivery platforms, today provided an update on a previously announced antiviral research initiative and introduces a new research project with potential COVID-19 applications. Lexaria previously announced its plans to conduct a pilot human pharmacokinetic exploratory study in healthy volunteers of antiviral drugs, previously studied against other coronavirus strains, comparing Lexaria's DehydraTECH(TM) formulations to controls without Lexaria's technology. Lexaria has received ethics board approval, required as a first step in this pilot study, conditional on further government regulatory approval also being granted. In addition, Lexaria announced the launch of…

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TuesdaySep 29, 2020 12:16 pm

NetworkNewsBreaks – Sanwire Corp. (SNWR) and Subsidiary Featured as Company to Watch

Sanwire Corp. (OTC: SNWR) and its wholly owned subsidiary Intercept Music Inc. have been spotlighted on QualityStocks as a company to watch. Sanwire is a diversified company focusing on technologies related to the entertainment industry. Sanwire has selected InvestorBrandNetwork ("IBN"), a multifaceted financial news and publishing company for private and public entities, to lead its corporate communications, and QualityStocks is one of IBN's brands that disseminates featured articles and corporate communications. Intercept offers an online platform designed to assist independent artists and bands in effectively distributing and promoting their music. The platform also helps artists earn income from their music. Intercept's platform provide…

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