Breaks Categories: News

WednesdayFeb 26, 2020 10:39 am

NetworkNewsBreaks – Applied Genetic Technologies Corp. (NASDAQ: AGTC) Secures $37.4M in Underwritten Public Offering

Applied Genetic Technologies (NASDAQ: AGTC), a biotechnology company conducting human clinical trials of adeno-associated virus (“AAV”)-based gene therapies for the treatment of rare diseases, has closed an underwritten public offering. According to the update, the offering consisted of 7,475,000 shares of its common stock, including an additional 975,000 shares pursuant to the full exercise of the over-allotment granted to the underwriters. Applied Genetic Technologies secured gross proceeds of approximately $37.4 million, with each of the shares sold at the public offering price of $5.00. ROTH Capital Partners acted as co-manager for the offering. To request access to the full report,…

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WednesdayFeb 26, 2020 10:17 am

NetworkNewsBreaks – Choom(TM) Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Announces Opening of Next Licensed Cannabis Retail Store in Calgary, Alberta

Choom(TM) (CSE: CHOO) (OTCQB: CHOOF), one of Canada's leading recreational cannabis retailers, on Tuesday announced the opening of its next licensed cannabis retail store in Calgary, AB. The store, opening in the bedroom community of Shawcliffe, is Choom’s first retail store to open in Calgary, as well as its 14th store in Alberta and 15th location in Canada. “We are very pleased to be opening our first location in the City of Calgary,” Choom CEO Corey Gillon said in the news release. “This new location is another example of the continued commitment to our growth strategy and the vision of…

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WednesdayFeb 26, 2020 9:49 am

NetworkNewsBreaks – Sigma Labs, Inc. (NASDAQ: SGLB) Awarded Contract by Leading Research Institution Mississippi State University Center for Advanced Vehicular Systems

Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D printing industry, today announced that it has been awarded a contract by the Mississippi State University Center for Advanced Vehicular Systems (“CAVS”), a world-class interdisciplinary research center that uses state-of-the-art technology to address engineering challenges facing U.S. mobility industries. Per the update, CAVS will install PrinteRite3D on a Renishaw AM400 machine, a new OEM platform for Sigma Labs, further proving the interoperability potential of PrintRite3D's platform to an increasingly large machine base. Under the agreement, in addition to any PrintRite3D(R) research or commercial applications, CAVS…

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WednesdayFeb 26, 2020 9:22 am

NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Appoints New Member to Board of Directors

Spectrum Global Solutions (OTCQB: SGSI), a leading single source energy management technology and network services provider, on Tuesday announced the appointment of prominent legal expert Brynjar N. Meling to the company’s Board of Directors. Meling is the chairman and owner of the Meling AS law firm in Norway and has previously served as a board member of Spectrum’s WaveTech GmbH subsidiary. “We are privileged that Brynjar has accepted this appointment and for his continued support of our company,” Spectrum Global Solutions CEO Roger Ponder stated in the news release. “Brynjar’s professional background, experience and in-depth knowledge of WaveTech enables him…

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TuesdayFeb 25, 2020 12:57 pm

NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MUX) Featured in ROTH Equity Research Report

McEwen Mining (NYSE: MUX) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, “Positive exploration results at Grey Fox continue to roll in. We note that the early focus of the company's 2020 exploration campaign appears to be on the Grey Fox property, which hosts six distinct targets. We believe recent exploration results support to the potential for an increase in the project's resource base once an update is released in 1Q20. As such, we are reiterating a Buy rating and $3.00 price target.” To request access to the full report, visit…

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TuesdayFeb 25, 2020 12:55 pm

NetworkNewsBreaks – Gaia, Inc. (NASDAQ: GAIA) Featured in ROTH Equity Research Report

Gaia (NASDAQ: GAIA) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, “We expect 4Q results could be slightly better than consensus, with GAIA reaching a full quarter of adj. EBITDA profitability and continued cash burn reductions. We believe benefits from referral programs and live event/premium offering scaling should aid organic additions and ARPS, which should set GAIA up to see a re-acceleration in topline growth and expanding EBITDA margins in FY20. Overall, we believe the stock set up remains favorable going into 4Q results/FY20 as it approaches positive potential FCF.” To…

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TuesdayFeb 25, 2020 12:49 pm

NetworkNewsBreaks – Dynatronics Corp. (NASDAQ: DYNT) Featured in ROTH Equity Research Report

Dynatronics (NASDAQ: DYNT) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, “DYNT reported FY2Q20 results that ~matched our expectations. Key takeaways to the quarter, in our opinion, include 1) the quarter was in-line with our targets, 2) the company narrowed FY2020 guidance within the prior range, 3) the revenue base appears to be stabilizing with an eye on FY2021 growth, and 4) an acquisition remains the wildcard to expedite profitability. Reiterate Buy rating with PT of $3.50/share.” To request access to the full report, visit http://nnw.fm/DXCr3 About Dynatronics Corp. Dynatronics is…

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TuesdayFeb 25, 2020 12:16 pm

NetworkNewsBreaks – CytomX Therapeutics, Inc. (NASDAQ: CTMX) Featured in Mizuho Securities Research Report

CytomX Therapeutics (NASDAQ: CTMX) was featured in a recent U.S. Equity Research Report published by Mizuho Securities USA LLC. The report reads, “With the announcement of the advancement of two Probody-enabled candidates by partner BMY (NC), we see greater visibility for CTMX's pipeline in 2020. Our thesis has been that the shares could see valuation expansion with greater visibility on clinical candidates and we believe we are seeing this, particularly with today's acknowledgement of the advancement of two BMY candidates. We see this as incrementally positive to the previous update that included advancement plans for CX-072, CX-2009, and the disclosure…

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TuesdayFeb 25, 2020 12:06 pm

NetworkNewsBreaks – Zogenix, Inc. (NASDAQ: ZGNX) Featured in Mizuho Securities Research Report

Zogenix (NASDAQ: ZGNX) was featured in a recent U.S. Equity Research Report published by Mizuho Securities USA LLC. The report reads, “We hosted a doc call last week with Dr. Kathryn Davis from UPenn Epilepsy Center to discuss Zogenix's recent Lennox Gastaut (LGS) Phase 3 data. While the data looks underwhelming compared to Epidiolex on the surface, we believe FINTEPLA may ultimately have an edge in terms of durability, especially against Epidiolex where the dropout rate appears to be high. Dr. Davis estimates that she will try FINTEPLA for ~30% of her LGS patients. At the current price, we believe…

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TuesdayFeb 25, 2020 11:18 am

NetworkNewsBreaks – BacTech Environmental Corp. (CSE: BAC) (OTC: BCCEF) Announces Plans for 2020 Ecuador Project

BacTech Environmental (CSE: BAC) (OTC: BCCEF) recently announced its plans for the current year with respect to its Ecuador project. According to the update, BacTech has identified the Ponce Enriquez area of southern Ecuador as a location where the company’s bioleaching technology can be successfully deployed for environmental processing of locally produced concentrates. Given the high levels of arsenic contained in the ore from the area, miners receive significantly reduced prices for their concentrates due to buyer-applied penalties. The buyers tend to be from Asia, where concentrates are shipped for conventional smelting and/or roasting, and the concentrates are subject to…

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