News Archives - Page 201 of 1559

MondayDec 09, 2024 1:32 pm

NetworkNewsBreaks – NextPlat Corp (NASDAQ: NXPL) Projects Over 70% Revenue Growth for 2024, Driven by Key Business Segments

NextPlat (NASDAQ: NXPL, NXPLW) anticipates reporting approximately $63 million in annual revenue for 2024, reflecting a more than 70% increase from fiscal 2023 results, subject to final accounting and auditing. The significant growth is attributed to strong performance in satellite connectivity products, high-margin recurring airtime revenue, and contributions from the healthcare business. The company plans to file its 2024 annual report by March 31, 2025, and host an earnings conference call with investors. To view the full press release, visit: https://nnw.fm/3lT0C About NextPlat Corp NextPlat is a global e-commerce platform company created to capitalize on multiple high-growth sectors and…

MondayDec 09, 2024 12:52 pm

NetworkNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Adjusts 2023 Financial Statements, Reduces Reported Net Loss

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) has reissued its 2023 consolidated financial statements to correct a classification error, reducing its net loss for the year to $43,842 from the previously reported $1,102,194. The adjustment stems from a foreign exchange loss on intercompany accounts, which under IAS 21 should have been recorded as other comprehensive loss rather than net loss. Despite changes to several financial statement line items, the company confirmed the adjustments have no impact on cash flows or the overall financial position. Quarterly statements for Sept. 30, 2024, remain unaffected. To view the full article, visit https://nnw.fm/xywZL About Trillion Energy…

MondayDec 09, 2024 12:23 pm

NetworkNewsBreaks – Bebuzee Inc. (BBUZ) Expands Super App with Launch of Bebuzee TV’s Six Curated Channels

Bebuzee (OTC: BBUZ), the innovative social media and lifestyle super app, has introduced Bebuzee TV, a new feature offering users access to six specialized TV channels: BBZ News, BBZ Sport, BBZ Entertainment, BBZ Music, BBZ Documentary, and BBZ Travel. Fully integrated within the app, Bebuzee TV enables seamless transitions between social networking, shopping, productivity, and entertainment, eliminating the need for multiple platforms. With localized and exclusive content, Bebuzee TV aims to enhance user engagement and attract advertisers while strengthening the app's appeal in Africa, where it anticipates significant user growth. This addition cements Bebuzee’s role as a comprehensive digital lifestyle…

MondayDec 09, 2024 9:35 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Expands Midwest Reach with Broadway Ford Truck Center Partnership

Mullen Automotive (NASDAQ: MULN) announced that its subsidiary, Bollinger Motors, has partnered with St. Louis-based Broadway Ford Truck Center as an official dealer, enhancing its Midwest presence. Bollinger’s all-electric Class 4 commercial truck, the B4 Chassis Cab, which features a 158-kilowatt-hour battery and fleet-focused design, began deliveries in October. Broadway Ford Truck Center’s President, Dennis Phillips, highlighted the alignment of both companies’ commitments to sustainability and innovation in the commercial vehicle industry. Bollinger has recently achieved key milestones, including regulatory compliance, significant vehicle agreements, and partnerships with multiple dealers and service providers. To view the full press release, visit https://ibn.fm/dQz6p About…

MondayDec 09, 2024 7:30 am

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Highlights Commercial Success of Annealing Quantum Computing on Fox Business

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing, announced that CEO Dr. Alan Baratz recently appeared on Fox Business' Making Money with Charles Payne, discussing the state of the quantum industry and D-Wave's advancements in the space. Dr. Baratz emphasized that D-Wave operates the world’s largest quantum computers, which are being used now to support business applications. The company’s annealing quantum computing technology excels in solving complex optimization problems, such as workforce scheduling, logistics routing, and resource allocation. D-Wave views annealing as a key driver for the commercial adoption of quantum computing. To view the full press release,…

FridayDec 06, 2024 1:25 pm

NetworkNewsBreaks – Upstream’s Signing Key Technology Represents the Next Generation of Trading

Upstream published a blog today that discussed accessibility and security as paramount in today’s digital economy for investors managing their portfolios. “Upstream, a MERJ Exchange market and stock trading app, leverages Signing Key technology to give investors complete control over their assets right from the palm of their hands,” the blog reads. “By using Upstream’s Signing Key, investors gain: Full Control Over Assets: You, and only you, can authorize trades or transfers. This empowers investors to manage their assets while reducing the risk of unauthorized activity. Enhanced Security: Local storage and biometric authentication create a robust defense against potential threats.…

FridayDec 06, 2024 12:35 pm

NetworkNewsBreaks – Damon Inc. (NASDAQ: DMN) Strengthens Leadership to Accelerate Operational Excellence and Production

Damon (NASDAQ: DMN), a maker of high-tech, high-performance motorcycles, announced key leadership changes to enhance operational efficiency and production capabilities. Co-founder Dominique (Dom) Kwong has been appointed interim CEO, succeeding Jay Giraud, while Shashi Tripathi, a seasoned executive with expertise in scaling companies, has been named Chairman of the Board. Kwong, with 25 years of experience in consumer and automotive technology, played a pivotal role in developing Damon's patented CoPilot and SHIFT technologies. Tripathi, founder of Nurture Growth Fund and current CEO of Sleepiz USA, brings a proven track record in regulated industries and operational management. The leadership team aims…

FridayDec 06, 2024 9:58 am

NetworkNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Launches $50 Million At-the-Market Equity Program

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) as entered into an equity distribution agreement with BMO Nesbitt Burns Inc., Beacon Securities Limited, and BMO Capital Markets Corp. to establish a new at-the-market equity program ("2024 ATM Program"). The program allows the company to sell up to $50 million in common shares through market-based transactions at prevailing prices, with proceeds designated for pre-construction site work and phase one development at the Waterberg Project, a Saudi Arabia smelter feasibility study, and general corporate purposes. The agreement is valid until December 2026 or until the $50 million cap is reached, with sales…

ThursdayDec 05, 2024 3:21 pm

NetworkNewsBreaks – Synergy CHC Corp. (NASDAQ: SNYR) Completes $10M IPO

Synergy (NASDAQ: SNYR), a provider of consumer health care, beauty and lifestyle products, announced the completion of its initial public offering of 1,150,000 shares of its common stock at $9.00 per share. The shares began trading on the Nasdaq Global Market under the ticker symbol SNYR on Oct. 23, 2024. In addition, Synergy granted the underwriters a 30-day option to purchase up to an additional 172,500 shares of common stock at the public offering price less underwriting discounts and commissions. Synergy received approximately $8.4 million in net proceeds from the offering of which it intends to use to repay a…

ThursdayDec 05, 2024 2:55 pm

NetworkNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Announces Strategic Board Appointment

Scinai Immunotherapeutics (NASDAQ: SCNI), a biopharmaceutical company specializing in the development of inflammation and immunology (“I&I”) biological products and offering CDMO services through its Scinai Bioservices unit, today announced the appointment of Prof. Michael Schön to its Scientific Advisory Board (“SAB”). Recognized with numerous awards for his groundbreaking research on immune reactions in inflammation, Prof. Michael Schön is a distinguished professor and director of the Department of Dermatology, Venereology and Allergology at the University Medical Center Göttingen. He also serves as vice dean and deputy director for research and teaching and is the former director of the Lower Saxony Institute…

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