Breaks Categories: News

ThursdayNov 14, 2024 12:27 pm

NetworkNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Activates Nationwide Data Centers for Truth+ Streaming

Trump Media & Technology Group (NASDAQ: DJT) operates the social media platform Truth Social. The company has recently completed its nationwide network of data centers, which are crucial for its content delivery network. This development enhances Trump Media’s ability to efficiently deliver streaming content across the country. Despite this operational milestone, Trump Media faces financial challenges. The company has a negative price-to-earnings (“P/E”) ratio of -15.02, indicating ongoing losses. This suggests that the company is not currently profitable, which can be a concern for investors looking for immediate returns. The company’s price-to-sales ratio is extremely high at 1,757.39, meaning the…

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ThursdayNov 14, 2024 12:00 pm

NetworkNewsBreaks – Calidi Biotherapeutics Inc. (NYSE American: CLDI) Announces Public Offering to Support Immunotherapy Development

Calidi Biotherapeutics (NYSE American: CLDI) has announced plans to sell shares of its common stock and/or pre-funded warrants in a public offering with Ladenburg Thalmann & Co. Inc. as the exclusive placement agent. Calidi has priced the offering of 4,437,869 shares at $1.69 per share, aiming to raise approximately $7.5 million in gross proceeds. Calidi intends to allocate the net proceeds toward working capital, general corporate purposes, and the advancement of pre-clinical and clinical trials for its targeted immunotherapy programs. The securities (excluding the warrants and the shares of common stock underlying the warrants) are being offered under an effective…

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ThursdayNov 14, 2024 10:52 am

NetworkNewsBreaks – SOBRsafe Inc. (NASDAQ: SOBR) Launches SOBRsure™ Wristband, an Innovative Tool for Alcohol Detection and Sobriety Support

SOBRsafe (NASDAQ: SOBR) has released SOBRsure™, a new wristband device that uses transdermal technology to detect alcohol levels through the skin, providing real-time monitoring to support sobriety and recovery. With a sleek, user-friendly design and GPS tracking, the device offers continuous alcohol detection, instant alerts, and the option to access historical reports through a premium subscription. CEO David Gandini emphasizes SOBRsure as both a technological breakthrough and a support system for individuals with alcohol use disorder, aiming to promote accountability and peace of mind for families, employers, and users. Available now, the wristband retails for $249, with subscriptions starting at…

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ThursdayNov 14, 2024 10:30 am

NetworkNewsBreaks – Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA:9NH) to Showcase Duquesne West Gold Project at 2024 New Orleans Investment Conference

Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FRA:9NH) will present its flagship Duquesne West Gold Project at the 50th annual New Orleans Investment Conference, held November 20-23. Located in Quebec's Abitibi Greenstone Belt, the project holds a historical resource of 727,000 ounces of gold, and recent efforts using AI-driven 3D modeling have allowed Emperor Metals to enhance and expand its mining strategy toward a cost-effective open-pit model. The company has completed over 8,000 meters in its Phase II drilling program this year, recently intersecting 52.1 meters of near-surface mineralization, underscoring resource growth potential. CEO John Florek will present on November 21…

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ThursdayNov 14, 2024 8:00 am

NetworkNewsBreaks – NextPlat Corp (NASDAQ: NXPL) Reports Q3 Financials, Highlights Growth from Progressive Care and Outfitter Satellite Acquisitions

NextPlat (NASDAQ: NXPL, NXPLW)  reported Q3 2024 results reflecting the impact of its recent acquisitions, including Progressive Care and Outfitter Satellite, which contributed to consolidated revenues of $15.4 million. While healthcare revenue declined due to lower prescription reimbursement rates, e-Commerce revenue saw a 31% increase, largely from the Outfitter acquisition. The company recorded a net loss of $4.2 million due to increased expenses, including a non-cash impairment of Progressive Care’s intangible assets. Recent developments include expanding healthcare contracts and satellite communication device sales, along with a strengthened e-commerce presence in China and the UK. NextPlat projects ongoing growth from integration…

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WednesdayNov 13, 2024 2:52 pm

NetworkNewsBreaks – IBN, CCW to Showcase Future of Finance for Upcoming Benzinga Conference

InvestorBrandNetwork (“IBN”) and CryptoCurrencyWire (“CCW”), two of the 60+ brands under IBN, today announced their engagement as official media partners for the upcoming Future of Digital Assets ’24 Conference. Organized by Benzinga, the event is slated to be held at Convene Brookfield Place in New York City on Nov. 19, 2024. The exclusive one-day conference for digital asset and traditional finance thought leaders offers exceptional networking opportunities and in-depth discussions on the future of finance. Attendees will glean insight on groundbreaking investment opportunities, engage with over 1,000 capital market leaders, and experience the latest advancements in alternative asset classes. “We…

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WednesdayNov 13, 2024 2:28 pm

NetworkNewsBreaks – Astiva Health Earns Prestigious 4-Star CMS Rating

Astiva Health, a fast-growing leader in culturally responsive Medicare Advantage Prescription Drug (“MAPD”) health plans, today announced that it has earned a 4-star rating from the Centers for Medicare & Medicaid Services (“CMS”) for 2025. The CMS rating system evaluates Medicare Advantage (“Part C”) and Prescription Drug (“Part D”) plans on more than 40 quality and performance measures. The notable achievement highlights Astiva Health’s commitment to delivering high-quality, personalized healthcare, particularly to underserved populations across Southern California. "We are very proud to have earned this 4-star rating from CMS in just our first few years of operation," said Dr. Tri…

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WednesdayNov 13, 2024 12:35 pm

NetworkNewsBreaks – BioAdaptives Inc. (BDPT) Unveils New Suite of Next-Gen Nutritional Products

BioAdaptives (OTC: BDPT), a leading provider of innovative nutritional products, today announced a transformative shift in its product lineup, replacing its entire portfolio of legacy products with a new suite of scientifically advanced solutions. The strategic move aims to deliver enhanced customer value, aligning each new offering directly with identified market needs through a rigorous product-market-fit approach. The redesigned lineup includes nutritional products for weight management, wellness, muscle and tissue repair, anti-aging for humans and Paw Partners, each developed with advanced scientific research and tailored to address specific pain points in the marketplace. “We are excited to introduce our new…

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WednesdayNov 13, 2024 10:16 am

NetworkNewsBreaks – Clene Inc. (NASDAQ: CLNN) Reports Q3 2024 Results and Progress on ALS Treatment Pathway

Clene (NASDAQ: CLNN) reported its Q3 2024 financial results and provided updates on its CNM-Au8 programs. Key operational highlights included a recent FDA meeting to discuss the potential for accelerated approval of CNM-Au8 for ALS, a 1-for-20 reverse stock split to meet Nasdaq requirements, an amended debt facility extending funding into Q2 2025, and a $7.3 million funding round. Clene’s Phase 3 RESTORE-ALS trial was presented in October, showcasing the company's commitment to ALS treatment innovation. Financially, Clene ended Q3 with $14.6 million in cash and reported an $8.0 million net loss, reflecting decreased R&D and G&A expenses, but lower gains…

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WednesdayNov 13, 2024 8:45 am

NetworkNewsBreaks – Brera Holdings PLC (NASDAQ: BREA) to Engage with Global Football Leaders at Soccerex Miami 2024

Brera Holdings (NASDAQ: BREA), the only publicly traded multi-club ownership company in football, will attend Soccerex Miami 2024 on November 13 and 14. Celebrated as the premier event for football business, Soccerex provides Brera an opportunity to connect with clubs, leagues, investors, and other industry stakeholders. CEO Pierre Galoppi highlighted the event's importance for staying attuned to global football trends and engaging with key figures across leagues, associations, and logistics teams. With Soccerex returning to Miami, Brera views the event as a valuable platform for fostering growth and visibility in the evolving football landscape. To view the full press release,…

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