Breaks Categories: News

WednesdayJan 29, 2025 10:45 am

NetworkNewsBreaks – SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) Highlights Major 2024 Milestones, Expands Clean Energy Footprint

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (CSE: SUNN) has announced key achievements from 2024, including over $67.5 million in committed financing and several strategic initiatives. Highlights include a $49.5 million transaction with Qcells for four New York solar projects, a $25.8 million financing deal with Royal Bank of Canada for battery storage projects, and a Nasdaq listing in April. SolarBank also completed its acquisition of Solar Flow-Through Funds Ltd., valued at up to $45 million, and expanded its board with renewable energy expert Chelsea L. Nickles. The company is exploring data center colocation as part of its…

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WednesdayJan 29, 2025 10:10 am

NetworkNewsBreaks – HeartBeam Inc. (NASDAQ: BEAT) Submits FDA Application for 12-Lead ECG Synthesis Software

HeartBeam (NASDAQ: BEAT), a medical technology company advancing cardiac care, has submitted a 510(k) application to the U.S. Food and Drug Administration (“FDA”) for its 12-lead electrocardiogram (“ECG”) synthesis software. The software is designed to assess cardiac rhythms and arrhythmias, including atrial fibrillation, atrial flutter, bradycardia, and tachycardia. The submission is supported by data from the VALID-ECG pivotal study, which enrolled 198 patients across five clinical sites and demonstrated clinical equivalence to standard 12-lead ECGs. HeartBeam recently secured FDA clearance for its patented technology that captures heart signals from three directions and synthesizes them into a traditional 12-lead ECG format.…

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WednesdayJan 29, 2025 9:55 am

NetworkNewsBreaks – Calidi Biotherapeutics Inc. (NYSE American: CLDI) to Host Investor Webinar on Feb. 5

Calidi Biotherapeutics (NYSE American: CLDI), a clinical-stage biotechnology company advancing targeted antitumor virotherapies, will host an investor webinar on Feb. 5, 2025, at 4:15 p.m. ET. The event, organized by RedChip Companies, will feature CFO Andrew Jackson and CSO Antonio F. Santidrian, PharmD, PhD, discussing Calidi’s cell-based delivery platforms designed to enhance oncolytic virus-based cancer treatments. Topics will include the company’s lead programs, such as CLD-400 for metastatic cancers, CLD-201 for advanced solid tumors, and CLD-101 for high-grade glioma. A live Q&A session will follow. To view the full press release, visit: https://nnw.fm/0z0EG About Calidi Biotherapeutics Calidi Biotherapeutics specializes in…

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TuesdayJan 28, 2025 1:00 pm

NetworkNewsBreaks – Diamcor Mining Inc. (TSX.V: DMI) (OTCQB: DMIFF) (FRA: DC3A) Enters LOI for $5.0M Term Loan

Diamcor (TSX.V: DMI) (OTCQB: DMIFF) (FRA: DC3A) is a well-established Canadian diamond mining company with a proven history in the mining, exploration and sale of rough diamonds. The company has announced its entry into a non-binding letter of intent (“LOI”) for a non-dilutive financing of up to USD $5,000,000 with a well-established Dubai-based manufacturer and supplier of bridal and anniversary diamonds to the global market. “This financing is the result of long-term relationships we have developed with key associates in Dubai over many years, and the mutual vision our companies share on the merits of building a growing supply of…

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TuesdayJan 28, 2025 12:55 pm

NetworkNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) Appeals Record EU Antitrust Fine Amid Regulatory Scrutiny

Alphabet (NASDAQ: GOOGL, GOOG), through Google, is currently appealing a significant antitrust fine imposed by the European Union. The fine, amounting to €4.3 billion (approximately $4.5 billion), is the largest ever levied by the EU. The case, which began in 2018, accuses Google of using its market power to maintain dominance in the search engine sector. This involves requiring handset manufacturers to pre-install Google Search and Chrome to access the Play Store, offering financial incentives for pre-installation, and restricting the use of unapproved Android versions. EU lawyers argue that Google used a “carrot and stick strategy” to control the Android…

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TuesdayJan 28, 2025 11:44 am

NetworkNewsBreaks – Snow Lake Resources Ltd. (NASDAQ: LITM) Closes $16M Offering

Snow Lake Resources (NASDAQ: LITM) d/b/a Snow Lake Energy, a uranium exploration company, announced the closing of its best-efforts offering of 16,000,000 common shares, each at a public offering price of US$1.00, for gross proceeds of US$16.0 million. Snow Lake intends to use the net proceeds for working capital and general corporate purposes. ThinkEquity acted as sole placement agent for the offering. To view the full press release, visit https://nnw.fm/xjoXV About Snow Lake Resources Ltd. Snow Lake Resources, d/b/a Snow Lake Energy, is a Canadian clean energy exploration company listed on (NASDAQ: LITM), with a global portfolio of clean energy…

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TuesdayJan 28, 2025 10:18 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Expands Presence on U.S. College Campuses with Additional EV Orders

Mullen Automotive (NASDAQ: MULN) announced the sale of five additional Mullen ONE Class 1 EV cargo vans to two major California universities in Los Angeles and the San Francisco Bay Area. The orders, fulfilled by EV dealers Papé Group and Randy Marion Automotive Group, highlight Mullen’s alignment with institutions prioritizing carbon emission reductions. CEO David Michery emphasized that repeat orders reflect the performance and value of Mullen's commercial EVs. The company’s lineup, including the Mullen ONE and Mullen THREE, meets stringent U.S. safety and emissions standards and continues to gain traction in campus and urban fleet applications nationwide. To view…

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TuesdayJan 28, 2025 9:58 am

NetworkNewsBreaks – Calidi Biotherapeutics Inc. (NYSE American: CLDI) Ends SEPA Agreement Following Successful Fundraising

Calidi Biotherapeutics (NYSE American: CLDI), a clinical-stage biotechnology company specializing in targeted antitumor virotherapies, reported a cash balance of approximately $9.6 million as of Dec. 31, 2024, and announced the termination of its Standby Equity Purchase Agreement (SEPA) with YA II PN, Ltd., effective Jan. 23, 2025. Calidi secured $9.5 million in gross proceeds in late 2024 through public offerings, $2.0 million from warrant exercises, and $3.1 million via its At-The-Market Offering Agreement ("ATM"), alongside $4.25 million raised in January 2025. CEO Allan Camaisa emphasized the move as a strategic step to enhance shareholder value and focus on advancing its…

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MondayJan 27, 2025 1:10 pm

NetworkNewsBreaks – Snap Inc. (NYSE: SNAP) Under FTC Scrutiny Over AI-Powered Chatbot

Snap (NYSE: SNAP), the parent company of the widely-used social media platform Snapchat, is currently facing an investigation by the Federal Trade Commission (“FTC”). The probe centers around Snap’s AI-powered chatbot, My AI, which is integrated within Snapchat and has raised concerns about potential risks to young users. This has led to a complaint being referred to the Department of Justice, marking a significant development in the ongoing scrutiny of AI technologies and their impact on user safety. Snap has responded to the FTC’s allegations by highlighting what it perceives as inaccuracies in the complaint and a lack of substantial…

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MondayJan 27, 2025 12:01 pm

NetworkNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Marks Key Milestone Through BlackSwan Acquisition

HUB Cyber Security (NASDAQ: HUBC) (“HUB”), a global leader in advanced cybersecurity and data fabric technology, today announced the closing of its highly anticipated acquisition of BlackSwan Technologies, Inc. “This acquisition marks a pivotal milestone for HUB, strengthening our position as a leader in secured data management and compliance solutions,” said Noah Hershcoviz, CEO of HUB Cyber Security. “We strongly believe BlackSwan’s innovative technologies will enable us to deliver unparalleled value to our clients, particularly in the financial sector, where the demand for robust security and compliance is especially high. With over $50 million invested in BlackSwan’s cutting-edge solutions, we…

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