Breaks Categories: News

FridayMar 28, 2025 3:39 pm

NetworkNewsBreaks – SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) to Develop 7.2 MW Hoadley Hill Rd Solar Project

Disseminated on behalf of SolarBank Corporation  SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) has announced plans to develop a 7.2 MW DC ground-mount solar power project known as the Hoadley Hill Rd project (the “Project”) on a site located in upstate New York. According to the announcement, the Project is another key addition to SolarBank's expanding development pipeline—which exceeds one gigawatt—as well as the company's commitment to advancing community solar. Assuming receipt of the requested interconnection approval, SolarBank will continue efforts to complete the permitting process and secure necessary financing for construction of the Project. The Project is expected…

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FridayMar 28, 2025 3:25 pm

NetworkNewsBreaks – Titan Partners Group LLC Acts as Sole Bookrunner for $10.5M Underwritten Offering 

Titan Partners Group, a division of American Capital Partners LLC, is acting as sole bookrunner for an underwritten offering of Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company. Genelux recently announced pricing of the offering, which consists of 3,000,000 shares of its common stock, each at an offering price of $3.50. Genelux expects approximately $10.5 million in gross proceeds from the offering, of which it intends to use the net for working capital and general corporate purposes, including the continued clinical development of Olvi-Vec.  To view the full press release, visit https://nnw.fm/MOjh7  About Titan Partners Group LLC  Titan Partners…

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FridayMar 28, 2025 2:05 pm

NetworkNewsBreaks – Upstream Enhances KYC Process to Streamline User Experience

Upstream published a blog today that discussed ongoing efforts to enhance the trading experience via its innovative platform. The latest upgrade to Upstream’s KYC (Know Your Customer) identity verification process makes it more intuitive and seamless for users. The redesigned interface ensures a smoother experience while maintaining quick and secure verification, which is essential for preventing fraud and illicit activity. Users are prompted to complete KYC once their account balance reaches $500 or when withdrawing funds, though they can initiate verification at any time through the profile settings. Verification can take as little as 15 minutes or up to two…

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FridayMar 28, 2025 11:44 am

NetworkNewsBreaks – Zacks Maintains $35.00 Price Per Share Valuation for Soligenix Inc. (NASDAQ: SNGX) Amid Promising Vaccine and CTCL Therapy Progress 

Soligenix (NASDAQ: SNGX), a late-stage biopharmaceutical company targeting rare diseases, was spotlighted in a recent Zacks Small-Cap Research report that presented a favorable analysis, emphasizing the company's advancements in vaccine and photodynamic therapy technologies.  The study highlights promising preclinical data for CiVax(TM), a thermostabilized COVID-19 booster, which demonstrated broad immune protection in non-human primates. Zacks also notes the continued progress of HyBryte(TM), Soligenix’s lead candidate for cutaneous T-cell lymphoma (“CTCL”), now in a second confirmatory Phase 3 trial, following successful results in its first Phase 3 study. Based on its discounted cash flow model that takes into account potential future…

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FridayMar 28, 2025 9:45 am

NetworkNewsBreaks – Calidi Biotherapeutics Inc. (NYSE American: CLDI) Announces $3.9 Million Registered Direct Offering and Private Placement 

Calidi Biotherapeutics (NYSE American: CLDI), a clinical-stage biotechnology company advancing targeted immunotherapies, has entered into a securities purchase agreement with a single institutional investor for a registered direct offering of 3,325,000 shares of common stock at $0.65 per share, or pre-funded warrants in lieu of stock. Concurrently, the company will issue series G warrants to purchase up to 6,053,000 shares of common stock in a private placement. The total gross proceeds from both transactions are expected to be approximately $3.9 million before fees and expenses. Ladenburg Thalmann & Co. Inc. is acting as the exclusive placement agent. Calidi plans to…

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ThursdayMar 27, 2025 12:35 pm

NetworkNewsBreaks – TransCode Therapeutics Inc. (NASDAQ: RNAZ) Secures $10M in Registered Direct Offering

TransCode (NASDAQ: RNAZ), the oncology company committed to utilizing RNA therapeutics to more effectively treat cancer, has announced the closing of its sale of 10,250,000 shares of its common stock and warrants to purchase up to 10,250,000 shares of common stock priced at-the-market under Nasdaq rules, at a purchase price of $0.98 per share and accompanying warrant. The company secured approximately $10 million in gross proceeds from the offering. TransCode intends to use the proceeds primarily for product development activities, including one or more clinical trials with its lead therapeutic candidate, TTX-MC138, including related IND-enabling studies, as well as for…

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ThursdayMar 27, 2025 12:26 pm

NetworkNewsBreaks – CISO Global Inc.’s (NASDAQ: CISO) Achieves Profitability Milestone as Software-Led Strategy Takes Hold

CISO Global (NASDAQ: CISO) announced it achieved unaudited positive Adjusted EBITDA in Q4 2024, marking a pivotal profitability milestone as it transitions from a cyber services company to a software-led, AI-powered cybersecurity enterprise. The company credits this progress to integrating 13 acquisitions, cutting costs through proprietary AI-driven security solutions and increasing high-margin software revenue. CISO expects at least $34 million in profitable services revenue and $5 million in software bookings for 2025, with software margins projected around 75%, supported by a robust sales pipeline and insurance partnerships.  To view the full article, visit https://www.nnw.fm/xtTeC  About CISO Global Inc.  CISO Global…

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ThursdayMar 27, 2025 11:30 am

NetworkNewsBreaks – Massimo Group (NASDAQ: MAMO) Posts $107.5 Million in 2024 Revenue, Eyes AI Product Expansion 

Massimo Group (NASDAQ: MAMO), reported $107.5 million in revenue for fiscal 2024, up 4% from the previous year, driven by expanded UTV, ATV and e-bike sales through large U.S. retailers. The company ended the year with $19.2 million in working capital and a $9.4 million boost in cash. Operational highlights included relocating golf cart production to its Garland, Texas facility, launching a robotic assembly line and enhancing its national distribution network. Looking ahead, Massimo plans to enter the AI space by distributing robotic companions and utility assistants, broadening its reach beyond traditional powersports.  To view the full press release, visit https://nnw.fm/ESDDV …

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ThursdayMar 27, 2025 11:10 am

NetworkNewsBreaks – Brera Holdings PLC (NASDAQ: BREA) Launches Investor Roadshow Highlighting Global Expansion Strategy

Brera Holdings (NASDAQ: BREA), an Ireland-based international sports club operator, has kicked off an investor roadshow in South Florida, with Executive Chairman Daniel McClory and CEO Pierre Galoppi presenting the company’s multi-club ownership ("MCO") strategy and recent growth developments. The sessions, taking place in West Palm Beach and Boca Raton, will showcase Brera’s expansion in both men’s and women’s football and its ongoing pursuit of new acquisitions in emerging markets. The roadshow follows recent momentum in global partnerships and portfolio growth aimed at driving long-term shareholder value.  To view the full press release, visit https://nnw.fm/s2UBp  About Brera Holdings PLC  Brera…

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ThursdayMar 27, 2025 10:52 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Posts Record Revenue, Plans Cost Cuts and Staff Reductions

Mullen Automotive (NASDAQ: MULN) reported record GAAP revenue of $3.18 million for the quarter ending March 31, 2025, as the electric vehicle maker intensifies its focus on cost reduction and commercial sales growth. The company will implement further staff reductions, lease eliminations and operational consolidations starting in April. Mullen is also prioritizing advancements in its battery cell and pack technologies while continuing to sell its Class 1 Mullen ONE cargo van and Class 3 Mullen THREE cab chassis truck, both fully certified for U.S. and California emissions standards. Deliveries of Bollinger’s Class 4 B4 Chassis Cab began in October.  To…

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