Breaks Categories: News

WednesdayNov 13, 2019 12:32 pm

NetworkNewsBreaks – Merus N.V. (NASDAQ: MRUS) Secures $79.2 Million in Underwritten Public Offering

Merus N.V. (NASDAQ: MRUS), a clinical-stage bispecific antibody company developing Biclonics(R), has closed an underwritten public offering of 5,462,500 of its common shares, which includes 712,500 additional shares per the full exercise of the over-allotment option granted to the underwriters. Merus N.V. secured approximately $79.2 million in gross proceeds from the offering, with each of the shares sold at the public offering price of $14.50. The company intends to use the proceeds to advance clinical development of its product candidates, preclinical research and technology development, as well as for working capital and other general corporate purposes. ROTH Capital Partners acted…

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WednesdayNov 13, 2019 12:02 pm

NetworkNewsBreaks – SinglePoint Inc. (SING) Reports Record Q3 2019 Results, Expects Significant Growth in Solar and Hemp Businesses

Leading technology and acquisition company SinglePoint (OTCQB: SING) today announced its financial results for the third quarter ended September 30, 2019. According to the update, the company achieved revenues of $1,050,374 for the three months ended September 30, 2019, a 176% increase over the same period in 2018. Per the update, the initial response to the company’s Pure American Hemp Cigarette has been overwhelming, while Direct Solar, SinglePoint’s most recent acquisition, continues to exceed revenue targets and has been pivotal to the company’s financial growth. “This has been a great quarter for SinglePoint, we are very excited to see the…

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WednesdayNov 13, 2019 11:37 am

NetworkNewsBreaks – ChineseInvestors.com Inc.’s (CIIX) China Division Featured in WSJ Video on Opportunities to Cash In on US CBD Products Rush

ChineseInvestors.com’s (OTCQB: CIIX) China Division was featured in a video published by The Wall Street Journal today, which highlighted Chinese entrepreneurs and opportunities to cash in as products made with cannabidiol (“CBD”) take off in the U.S. The accompanying article, written by Stephanie Yang and Clément Bürge, highlighted the fact that, while marijuana is still seen as a dangerous narcotic in China, Chinese entrepreneurs “are navigating the highly-sensitive industry as they try to turn their country into a CBD superpower.” CIIX CEO Summer Sun, who leads the company’s Chinese branch, was featured in the video as he discussed the company’s…

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WednesdayNov 13, 2019 11:17 am

NetworkNewsBreaks – Sigma Labs, Inc. (NASDAQ: SGLB) Awarded Phase 2 RTE Contract by Leading Global Energy Technology Provider

Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D printing industry, this morning announced that it has been awarded a phase 2 rapid test and evaluation (“RTE”) contract by a leading global energy technology company for the pilot deployment of PrintRite3D(R) in-process quality assurance software following successful completion of the phase 1 RTE program. Successful completion of the phase 2 RTE program may possibly lead to a material commercial order from the customer integrating PrintRite3D(R) into production machines. “The conversion from our initial test and evaluation program to the phase 2 pilot rollout is…

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WednesdayNov 13, 2019 10:17 am

NetworkNewsBreaks – VPR Brands LP (VPRB) Announces Q3 and Year-to-Date 2019 Results, Posting Increased Revenues for Both

VPR Brands (OTCQB: VPRB), a market leader specializing in vaporizers and accessories for essential oils, cannabis concentrates and extracts (“CBD”), as well as electronic cigarettes containing nicotine, today announced its financial results for the third quarter and year-to-date 2019, posting increased revenues for both as compared to 2018. As compared to the same periods last year, VPR Brands achieved a 13% increase in sales revenue to $1.4 million for the third quarter of 2019 and a 24% increase in sales revenue to $4.3 million for the nine months ended September 30, 2019. “We believe VPR Brands performed well in Q3…

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WednesdayNov 13, 2019 9:53 am

NetworkNewsBreaks – Soligenix, Inc. (NASDAQ: SNGX) Announces Recent Accomplishments and Q3 2019 Financial Results

Soligenix (NASDAQ: SNGX), a late-stage biopharmaceutical company focused on developing and commercializing products to treat rare diseases where there is an unmet medical need, today announced its recent accomplishments and financial results for the quarter ended September 30, 2019. “We are now approaching data read-out in two Phase 3 clinical programs. We anticipate completing patient enrollment before the end of the year with final top-line results in the first quarter of 2020 for our pivotal double-blind, placebo-controlled Phase 3 study for the treatment of cutaneous T-cell lymphoma (CTCL) with SGX301 (synthetic hypericin),” Soligenix President and CEO Christopher J. Schaber, PhD,…

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WednesdayNov 13, 2019 9:23 am

NetworkNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) to Host Q1 Fiscal 2020 Earnings Conference Call

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) on Tuesday announced that it will release its first quarter fiscal 2020 results after market close on Monday, November 25, 2019. GGBXF will also be holding a conference call with company management to discuss the results at 8:30 AM ET on Tuesday, November 26, 2019. To join the call, dial (+1) 416 764 8609 for the local Toronto line, (+1) 778 383 7417 for the local Vancouver line, or (+1) 888 390 0605 for the North American toll-free line. The conference ID is 54236169. The call and replay will also…

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TuesdayNov 12, 2019 3:15 pm

NetworkNewsBreaks – Kanvas Unveils Smart Pod System

Kanvas(TM), a creator of innovative solutions designed to elevate the user experience for legal cannabis and cannabidiol (“CBD”) consumers, this morning announced its latest innovation, a smart pod system. The end-to-end vaporization solution consists of a comprehensive collection of hardware and software features designed to empower brands to provide reliable, controlled experiences to end users. The device features cutting-edge anti-counterfeiting technology to authenticate each pod that connects with the battery. The inside of the pod system is equipped with Vapetelligence(TM) that enables cannabis brands to define dosing, temperature, terpene accentuation and plume size that delivers a safe and consistent consumer…

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TuesdayNov 12, 2019 1:16 pm

NetworkNewsBreaks – Benzinga Names Innovators to be Honored at 5th Annual Fintech Awards, Powered by Envestnet | Yodlee

In preparation for its biggest Global Fintech Awards to date, Benzinga is unveiling the winners to be honored during the 5th annual event taking place in New York City on November 19, 2019. Honoring the best in fintech for five years, Benzinga recognizes award winners for the advancements they're making in financial technology. This year, Benzinga is joining forces with Envestnet | Yodlee to facilitate the most beneficial education and impactful networking in the quickly-changing space. "Since the inaugural Benzinga Fintech Awards in 2015, our listmakers have closed $300 million in deals and partnered with some of the biggest players…

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TuesdayNov 12, 2019 1:00 pm

NetworkNewsBreaks – Bragg Gaming Group (TSX.V: BRAG) (OTCQX: BRGGF) Reports Q3 2019 Results

Bragg Gaming Group (TSX.V: BRAG) (OTCQX: BRGGF) today released its results for the third quarter ended September 30, 2019. Per the update, the company delivered continued growth with revenue of C$10.0M, gross profit of C$4.3M, EBITDA of C$0.2M, and net loss from continuing operations of C$0.2M in the third quarter. These results culminated in strong performance for the first nine months of 2019 with revenue of C$28.0M, gross profit of C$12.6M, EBITDA of C$0.6M and net loss from continuing operations of C$7.6M.* “I am extremely pleased with the company’s progression over the past quarter. We’ve proven that, with our modern…

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