Breaks Categories: News

WednesdayJan 06, 2021 1:42 pm

NetworkNewsBreaks – Cellectar Biosciences Inc. (NASDAQ: CLRB) Secures $45M in Underwritten Public Offering and Concurrent Private Placement

Cellectar Biosciences (NASDAQ: CLRB), a late-stage clinical biopharmaceutical company focused on the discovery, development and commercialization of drugs for the treatment of cancer, has completed an underwritten public offering and concurrent private placement. According to the update, Cellectar sold 18,148,136 shares of its common stock as part of the underwritten public offering. Each of the shares were sold at the public offering price of $1.35, resulting in approximately $24.5 million in gross proceeds. In addition, Cellectar Biosciences secured approximately $20.5 million in gross proceeds from the concurrent private placement, with the offering led by healthcare-focused institutional investors. Roth Capital Partners…

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WednesdayJan 06, 2021 1:22 pm

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Issues Shareholder Letter on Expansion, Progress on Farm-to-Door Verticalization

Sugarmade (OTCQB: SGMD) today issued a letter to its shareholders as it continues to steer the company into what it hopes will be a leadership role in the rapidly growing cannabis marketplace as a vertically integrated farm-to-door solution for cannabis consumers. According to the update, 2020 was a landmark year for Sugarmade as it established, through its investment in Budcars, a distinct and increasingly vertical model for delivering top cannabis-based products to a growing marketplace. Sugarmade believes this marketplace remains under supplied and inconsistently accessible for consumers looking for reliable quality and greater convenience, and the company continues to expand…

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WednesdayJan 06, 2021 12:48 pm

NetworkNewsBreaks – Innovative Payment Solutions Inc. (IPSI) Announces New Advisory Board Member

Innovative Payment Solutions (OTCQB: IPSI), a U.S.-based fintech company focused on building 21st-century digital payment solutions, has appointed Richard Rosenblum as its newest advisory board member. A seasoned business veteran and entrepreneur with expertise in financial services, capital markets, healthcare and technology, Rosenblum has served as a managing director and a C-suite executive at several investment merchant banks. Specifically, Rosenblum was a director, president and executive chairman at Alliqua Biomedical Inc. from 2008–2014; Alliqua is a leader in hydrogel manufacturing technology in the wound-care sector. He was also a founder of Harborview Capital, where he led a team of strategic advisors…

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WednesdayJan 06, 2021 12:40 pm

NetworkNewsBreaks – Kaival Brands Innovations Group Inc. (KAVL) Eyes Continued Robust Growth, Expects Over $400M in Fiscal 2021 Revenues

Kaival Brands (OTCQB: KAVL) is the exclusive global distributor of products manufactured by Bidi Vapor LLC. Bidi Vapor's primary offering, the Bidi(R) Stick, is one of the fastest-growing closed system vaping products in the U.S. and the only vape product on the market with an ecologically friendly, mass-recycling program. Kaival Brands also recently launched the Bidi(TM) Pouch by Bidi Vapor, a tobacco-free nicotine pouch. Kaival Brands commenced business operations in March 2020 and reported aggregate revenues of approximately $55 million for the first two quarters following its inception. The company’s management estimates that fiscal 2021 revenues will be in the…

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WednesdayJan 06, 2021 12:26 pm

NetworkNewsBreaks – ISW Holdings Inc. (ISWH) Announces Conversion of $20K into Bitcoin as Part of Cash Asset Transition

ISW Holdings (OTC: ISWH), a global brand management holdings company, is in the process of converting $20,000 of its cash holdings into Bitcoin; the transaction should be complete this week. This is the most recent in a series of quarterly transactions the company has conducted as it converts a percentage of its cash flow into Bitcoin. ISWH’s initial transaction in the conversion took place in March 2019. In May 2020, ISWH formed a joint venture partnership with Bit5ive LLC ("Bit5ive") with the intent to build and deliver a powerful, efficient data center pod design. The two companies together created the…

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WednesdayJan 06, 2021 12:22 pm

NetworkNewsBreaks – Predictive Oncology Inc.’s (NASDAQ: POAI) Helomics Completes QM CoRE(TM) Integration

Predictive Oncology (NASDAQ: POAI), a knowledge-driven company focused on applying artificial intelligence (“AI”) to personalized medicine and drug discovery, today announced that its wholly owned subsidiary Helomics has completed the integration of Quantitative Medicine’s (“QM”) novel active-learning Computational Research Engine (CoRE(TM)). According to the update, CoRE was integrated with Helomics’ proprietary TumorSpace(TM) knowledgebase of 150,000 tumor drug response profiles and the TruTumor(TM) patient primary tumor cell line assay. The move allows Helomics to offer a revolutionary new AI-driven patient-centric drug discovery service to pharmaceutical companies that will significantly improve the chances of successfully translating new drugs into the clinic. “With…

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WednesdayJan 06, 2021 11:56 am

NetworkNewsBreaks – iClick Interactive Asia Group Limited (NASDAQ: ICLK) Releases Powerful SaaS Platform Called iSCRM

iClick Interactive (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, has launched a powerful off-the-shelf (standard) SaaS enterprise management platform. Called iSCRM, the platform is designed for daily operations and social customer relationship management. iSCRM helps customers attract new users and manage private traffic through leveraging updated features and various functions on WeCom, WeChat and WeChat Mini Program. In addition, iSCRM allows users to fully track consumer actions from all touch-points within the Tencent ecosystem, establishes real-time 360-degree consumer profiles through data analytics, offers purchase and frequency analysis and advising on data-driven personalized engagement strategies, digitizes sales management and…

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WednesdayJan 06, 2021 11:18 am

NetworkNewsBreaks – VistaGen Therapeutics Inc. (NASDAQ: VTGN) Regains Full Compliance with Nasdaq Listing Requirements

VistaGen (NASDAQ: VTGN), a biopharmaceutical company developing new generation medicines for anxiety, depression and other central nervous system (“CNS”) disorders, today announced its receipt of notice from The Nasdaq Stock Market on Jan. 5, 2021, that VistaGen has regained compliance with the minimum bid price requirement. The requirement is under Nasdaq Listing Rule 5550(a)(2) (the Bid Price Rule) for continued listing on The Nasdaq Capital Market. According to the update, VistaGen is now in full compliance with all applicable listing standards, and Nasdaq considers the matter closed. To view the full press release, visit https://nnw.fm/xLFBg About VistaGen Therapeutics Inc. VistaGen…

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WednesdayJan 06, 2021 11:16 am

NetworkNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) Completes IPO, Starts Trading on Toronto Stock Exchange

HempFusion Wellness (TSX: CBD.U), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, has completed its initial public offering (“IPO”), In addition, the company announced that, as of Jan. 6, 2021, it has begun trading on the Toronto Stock Exchange under three different symbols: CBD.U for common shares, CBD.WT.V for the warrants and CBD.WT.U for the 2019 warrants. The IPO comprised 7 million common shares, offered at $1 per share, for gross proceeds of $7 million, and 10 million units of the company for gross proceeds of $10 million. “We are incredibly excited to have…

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WednesdayJan 06, 2021 10:56 am

NetworkNewsBreaks – InsuraGuest Technologies Inc. (TSXV: ISGI) Announces Expansion of Its Insurtech Platform

InsuraGuest Technologies (TSXV: ISGI), through its wholly owned U.S. subsidiary InsuraGuest Inc. ("ISG"), today announced that it has expanded the reach of its insurtech platform to fully integrate with 82 different property management systems through the company's proprietary API. According to the update, the move enables the respective properties to transfer certain liability exposures from their facilities to the InsuraGuest Hospitality Liability policies. Small property or medical claims make up a considerable portion that are frequently applied to the general liability policy, driving up premium prices. The InsuraGuest solution transfers hotel or vacation rental operators’ risks by having guests pay…

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