Breaks Categories: News

WednesdayOct 02, 2024 9:30 am

NetworkNewsBreaks – Clene Inc. (NASDAQ: CLNN) Closes on Direct Offering, Concurrent Private Placements Totaling $7.3M

Clene (NASDAQ: CLNN), a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, and its wholly owned subsidiary, Clene Nanomedicine Inc., has closed on a registered direct offering and concurrent private placements. According to the announcement, the transactions consist of common stock and warrants and were with a healthcare-focused institutional investor and existing shareholders, including insiders. Gross proceeds of the offerings and placements totaled an estimated $7.3 million with the potential for additional capital through the future exercise of warrants. Clene also announced the amendment of its existing debt facility with Avenue Venture…

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WednesdayOct 02, 2024 8:30 am

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS), Japan Tobacco Inc. Announce Planned Partnership to Leverage Quantum Computing, AI in Drug Discovery

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the pharmaceutical division of Japan Tobacco Inc. (“JT”) announced plans to partner on a joint proof-of-concept project to explore the use of quantum computing technology and artificial intelligence (“AI”) to accelerate the speed and quality of the drug discovery process, i.e., “Quantum AI-driven Drug Discovery.” The project aims to pioneer a new process for discovering ‘first-in-class’ pharmaceutical small compounds. Upon completion of the proof-of-concept project, JT’s pharmaceutical division intends to further advance the developed Quantum AI-driven Drug Discovery analysis systems and eventually apply the…

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TuesdayOct 01, 2024 2:57 pm

NetworkNewsBreaks – enVVeno Medical Corporation (NASDAQ: NVNO) Announces Pricing of $15M Underwritten Public Offering

enVVeno Medical (NASDAQ: NVNO), a late-clinical stage medical device company setting new standards of care for the treatment of venous diseases, recently announced the pricing of an underwritten public offering. Led by existing institutional investors, the offering involved the issuance and sale of 4,285,715 shares of the company’s common stock (or pre-funded warrants in lieu thereof) at a public offering price of $3.50 per unit. enVVeno expected to receive aggregate gross proceeds from the offering of about $15.0 million. The offering was anticipated to close on or about September 30, 2024, subject to customary closing conditions. To view the full…

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TuesdayOct 01, 2024 2:03 pm

NetworkNewsBreaks – Dynasty Gold Corp. (TSX.V: DYG) (FSE: D5G1) (OTC: DGDCF) Commences Phase Two of 2024 Exploration Program at Thundercloud Property

Dynasty Gold (TSX.V: DYG) (FSE: D5G1) (OTC: DGDCF), a Canadian mineral exploration company, today announced the commencement of phase two of its 2024 exploration program. According to the announcement, the company’s crew has already arrived at its Thundercloud property in northwestern Ontario. Ivy Chong, President and CEO of Dynasty Gold, noted that recently released drill results, which confirmed grades of up to 24.53 g/t gold within a broad zone of mineralization at Pelham, demonstrate the continuity of high-grade gold discovered in 2022 and 2023. “With additional drilling this fall and into next year, and gold trading above $2,600 an ounce,…

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TuesdayOct 01, 2024 1:37 pm

NetworkNewsBreaks – NextPlat Corp (NASDAQ: NXPL) Completes Merger and Business Combination with Progressive Care Inc.

NextPlat (NASDAQ: NXPL, NXPLW), a global e-commerce provider, today announced the completion of the proposed Merger Agreement and Plan Reorganization with Progressive Care Inc., a controlled subsidiary of the company, following shareholder approvals. Pursuant to this merger and business combination, Progressive Care has become a wholly owned subsidiary of NextPlat. As a result, Progressive Care’s common stock no longer trades on the OTCQB exchange, effective October 1, 2024. “The completion of our merger and business combination with Progressive Care creates a unified company focused on generating continued growth in large domestic and global markets for healthcare services, technology and personal…

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TuesdayOct 01, 2024 1:02 pm

NetworkNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) to Invest $1 Billion in Thailand’s Digital Infrastructure

Alphabet (NASDAQ: GOOGL, GOOG) has announced plans to invest $1 billion in Thailand to build digital infrastructure, including a new data center. This significant investment is expected to support 14,000 jobs in the country. The new hubs will be located in Bangkok and the industrial area of Chonburi, aiming to meet the growing demand for cloud computing in Southeast Asia. Ruth Porat, president and chief investment officer of Google and its parent company Alphabet, stated, “These investments will empower Thai businesses, innovators and communities to harness the power of cloud and AI technology.” The details of the investment were revealed…

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TuesdayOct 01, 2024 11:25 am

NetworkNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Shares Additional Information from 3D DC-Resistivity and Induced Polarization Survey at Deer Horn Property

First Tellurium (CSE: FTEL) (OTC: FSTTF) today announced the receipt of additional data from the 3D DC-resistivity and induced polarization (“IP”) survey at its Deer Horn property in British Columbia. According to the information provided by the company’s Qualified Person (“QP”) and consulting geologist Dr. Lee Groat, the resistivity model within the survey area was dominated by a low resistivity (increased conductivity) zone on the east side of the survey area. This data shows that the zone extends about 1200 meters from south to north, about 500 meters from east to west, and is approximately 300 meters thick. The announcement…

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TuesdayOct 01, 2024 11:14 am

NetworkNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Reports Voting Results from Annual Shareholder Meeting

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), a leading exploration and mine development company, is reporting the results of voting held during its annual and special meeting of shareholders; the meeting was held on Sept. 30, 2024. According to the report, a total of 32,499,132 common shares representing 40.475% of the company`s issued and outstanding common shares were voted. Agenda items voted on during the meeting included the election of seven director nominees, setting the number of directors at seven, the reappointment of RSM Canada LLP as the company auditors, and the issuance of certain common shares in connection…

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TuesdayOct 01, 2024 10:10 am

NetworkNewsBreaks – Nightfood Holdings Inc. (NGTF) Signs LOI  to Acquire Renowned LA Cooking School

Nightfood Holdings (OTCQB: NGTF), an acquisition and development holding company, has signed a letter of intent (“LOI”) outlining the acquisition of Stratford Education Group Inc., which is known as the Los Angeles Cooking School. The school is widely recognized for its culinary training and education programs with planned classes that will also include state-of-the-art training for hospitality and foodservice operators wanting to leverage robotics and automation solutions. Nightfood plans to establish the Los Angeles Cooking School as the world-class leader in integration of food preparation automation, robotics and artificial intelligence (“AI”). “The acquisition of the Los Angeles Cooking School marks…

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MondaySep 30, 2024 1:35 pm

NetworkNewsBreaks – DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Extends Partnership with American Cancer Society to Support ‘Impactful Work’

DoubleDown Interactive (NASDAQ: DDI), a leading developer and publisher of digital games on mobile and web-based platforms, today announced plans to donate $10,000 to the American Cancer Society during Breast Cancer Awareness Month. According to the announcement, DoubleDown Casino will host the Penny’s Stride for the Cure play-to-enter giveaway on October 5-6, 2024. The event will offer players the opportunity to engage with and show support for the charitable donation and learn more about the importance of the organization’s annual Making Strides Against Breast Cancer walks. “DoubleDown Interactive is proud to partner with the American Cancer Society for the fourth…

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