Breaks Categories: News

MondayApr 27, 2020 12:44 pm

NetworkNewsBreaks – InvestorBrandNetwork to Serve as Official Media Partner for Next MoneyShow Virtual Event

InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company, today announced that it will serve as an official media partner the upcoming MoneyShow Virtual Event, slated to take place May 11-13, 2020. Virtual participation is free for all attendees, and the interactive three-day event will feature more than 55 live sessions designed to provide in-depth analysis and specific strategies for everything from stocks, bonds, ETFs and commodities to options, futures, forex and more. “We are very pleased to participate as an official media partner of next month’s MoneyShow Virtual Event,” InvestorBrandNetwork’s Director of Communications, Jonathan Keim, said in the news…

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MondayApr 27, 2020 12:26 pm

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Affiliate Rail Vision Receives First Commercial Order from Leading European Train Operator

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that its affiliate, Rail Vision Ltd. (for which Foresight owns approximately 24% outstanding shares), received its first commercial order from a leading European train operator. According to the update, the order consists of the purchase of an Assisted Remote Shunting prototype system and an Operational Functional Test (“OFT”) for a total value of approximately 500,000 Euro. The OFT of the system is scheduled for Q4 2020, and a commercial agreement with the leading European train operator detailing future phases is expected to be signed in…

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MondayApr 27, 2020 12:02 pm

NetworkNewsBreaks – Xalles Holdings Inc. (XALL) Announces Q1 Results and Outlook for Remainder of Fiscal 2020

Xalles Holdings Inc. (OTC: XALL), a fintech holding company providing technology and financial services solutions, today announced its first quarter results and outlook for the remainder of fiscal 2020. According to the update, Xalles deemed the first quarter a success given its accomplishments, but more importantly, sets up the company for faster growth through the remainder of 2020. “The progress made during the first few months of this year, puts us on a sound financial footing to achieve profitability, and reach our 2020 financial goal of $4 million in revenue,” Xalles Holdings CEO Thomas Nash said in the news release.…

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MondayApr 27, 2020 11:22 am

NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Announces Launch of UR5 Rugged Smartphone Device for First Responder and Enterprise Mobile Workforce

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) today announced the launch of the 4G/LTE UR5 rugged device for the first responder and enterprise mobile workforce. The UR5, an ultra lightweight, handheld rugged Android smartphone with integrated Push-To-Talk (PTT), is “Rugged and Ready” to handle the most vigorous work environments encountered by enterprise workers and first responders on the front line of defense. “We are very excited to be launching our next generation UR5 rugged device. It is a highly complementary product to our unique in-vehicle and cellular booster portfolio and gives our target market a complete offering for first responders and…

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MondayApr 27, 2020 10:51 am

NetworkNewsBreaks – Trxade Group, Inc. (NASDAQ: MEDS) Enters First Agreement to Supply COVID-19 Testing Kits

Trxade Group, Inc. (NASDAQ: MEDS), an integrated drug procurement, delivery and healthcare platform, today announced entry into its first Covid-19 antibody testing kits supply agreement with law firm McIntyre Thanasides Bringgold Elliott Grimaldi Guito & Matthews, P.A. According to the update, the midsized Tampa firm will today begin periodic testing of its employees and their families, and the partnership will promote a safer working environment and increase Covid-19 exposure risk awareness. Trxade's Integra Pharma Solutions, LLC subsidiary will provide antibody rapid blood test kits, intended to be administered at point of care with no additional instrumentation needed, and Accomplished Home…

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MondayApr 27, 2020 10:18 am

NetworkNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Appoints Proven Leader in Canadian CPG Sector, Beena Goldenberg, as President and CEO

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that its board of directors (the “Board”) has named Beena Goldenberg, former CEO of Hain-Celestial Canada ("Hain Canada"), as the Company's president and chief executive officer, effective immediately. According to the update, Goldenberg succeeds Colin Moore who, as interim president and CEO since January 2020, took significant steps to reduce the Company's operating and overhead costs, expand its product offering across all market segments and accelerate its transition into a premium cannabis consumer packaged goods ("CPG") company. Moore will continue to serve as a director of the Company and…

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MondayApr 27, 2020 9:48 am

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Releases Update on Timing of Annual Filings

Plus Products (CSE: PLUS) (OTCQX: PLPRF) on Friday announced that, as a result of the COVID-19 pandemic, it will be relying on the coordinated relief provided by the securities regulators, which consists of a 45-day extension for certain periodic filings, as announced by the Canadian Securities Administrators (“CSA“) on March 18, 2020. According to the update, Plus Products will rely on this relief with respect to the filing of its annual financial statements, management’s discussion and analysis, and related officer certificates for its financial year ended December 31, 2019. The Company will provide a further update concerning the exact timing…

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FridayApr 24, 2020 1:53 pm

NetworkNewsBreaks – Reed’s Inc. (NASDAQ: REED) Closes $5.8M Follow-On

Reed’s (NASDAQ: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, recently closed an underwritten public offering of 15,333,334 shares of common stock, including 2,000,000 additional shares due to the full exercise of the over-allotment option. The shares were sold at the public offering price of $0.375 each, resulting in gross proceeds of roughly $5.8 million. The company intends to utilize the proceeds from the offering toward working capital and for general corporate purposes. ROTH Capital Partners served as the sole manager for the offering. To view the full press release, visit http://nnw.fm/S1lak About Reed’s Inc. Established in…

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FridayApr 24, 2020 12:22 pm

NetworkNewsBreaks – DraftKings Inc. (NASDAQ: DKNG) Completes Business Combination to Create Pure-Play Sports Betting and Online Gaming Company, Commences Nasdaq Trading

DraftKings (NASDAQ: DKNG), a digital sports entertainment and gaming company known for its industry-leading daily fantasy sports and mobile sports betting platforms, on Thursday announced that it has completed its business combination with SBTech (Global) Limited (“SBTech”), an international provider of cutting-edge sports gaming technologies, and Diamond Eagle Acquisition Corp. (NASDAQ: DEAC). According to the update, the business combination, approved by DEAC’s stockholders on April 23, 2020, creates the only vertically integrated pure-play sports betting and online gaming company based in the United States. DraftKings’ shares of Class A common stock began trading on the Nasdaq Global Select Market under…

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FridayApr 24, 2020 11:00 am

NetworkNewsBreaks – Crinetics Pharmaceuticals, Inc. (NASDAQ: CRNX) Secures $115.1 Million in Underwritten Public Offering

Crinetics Pharmaceuticals (NASDAQ: CRNX), a clinical-stage pharmaceutical company focused on the discovery, development and commercialization of novel therapeutics for rare endocrine diseases and endocrine-related tumors, has closed an underwritten public offering of 8,222,500 shares of its common stock, which includes an additional 1,072,500 shares per the full exercise of the over-allotment option granted to the underwriters. According to the update, Crinetics Pharmaceuticals secured approximately $115.1 million in gross proceeds, with each of the shares sold at the public offering price of $14.00. The company intends to use the proceeds to fund the development of paltusotine and its other research and…

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