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WednesdayAug 21, 2024 10:57 am

NetworkNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI), EIB Close on Loan Restructuring Agreement

Scinai Immunotherapeutics (NASDAQ: SCNI), a biopharmaceutical company focused on developing inflammation and immunology (“I&I”) biological products and on providing contract development and manufacturing organization (“CDMO”) services through its Scinai Bioservices business unit, has closed on its previously announced loan restructuring agreement. According to the announcement, the agreement is with the European Investment Bank (“EIB”) and includes an amendment. Specifically, the agreement notes that “in connection with the transaction, an amount equal to approximately EUR 26.6 million (equal to approximately $29 million), including interest accrued to date, owed by the company to the EIB under the finance contract was converted into 1,000 preferred shares, no…

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WednesdayAug 21, 2024 10:48 am

NetworkNewsBreaks – reAlpha Tech Corp. (NASDAQ: AIRE) Unveils AI-Powered Super App Designed to Provide Buyers with All Tools Needed to Purchase Home

reAlpha Tech (NASDAQ: AIRE), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, has launched reAlpha. According to the announcement, the Super App is designed to bring an end-to-end, commission-free, real estate experience to users’ mobile devices. The company noted that the Super App is an addition to its online platform, combining Claire, reAlpha’s generative-AI buyer’s agent with licensed human-agent support and a suite of homebuying tools, such as title and escrow agent services. As part of the launch, the name of the Super App was changed from Claire to reAlpha, although Claire will remain as the…

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WednesdayAug 21, 2024 10:34 am

NetworkNewsBreaks – MoneyShow Expands Ongoing Collaboration with IBN to Include All Remaining Events in 2024

MoneyShow, a leading producer of street-smart financial conferences for investors, traders, and financial advisors, has re-engaged IBN (“InvestorBrandNetwork”), a multifaceted financial news and publishing company, to serve as an Official Media Partner for all its remaining events this year. The re-engagement expands MoneyShow’s ongoing collaboration with IBN. IBN and MoneyShow will collaborate on the following events: Powerful Investing and Trading Strategies (August 20-22, 2024), The MoneyShow Toronto (September 13-14, 2024), Income, Growth, and Value (September 17-19, 2024), MoneyShow Orlando (October 17-19, 2024), Alternative Investing Virtual Expo (November 12-14, 2024), and MoneyShow Masters Symposium Sarasota (December 5-7, 2024). “During the last…

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WednesdayAug 21, 2024 10:29 am

NetworkNewsBreaks – Accredited Solutions Inc. (OTC: ASII) Outlines Strategic Five-Year Plan to Reach $750M in Revenue

Accredited Solutions (OTC: ASII), the parent company of Diamond Creek Water, has outlined a focused five-year plan to achieve $750 million in annual revenue. The outline is included in documents the company filed with the U.S. Securities Exchange Commission (“SEC”). According to the announcement, the strategic plan includes both synergistic acquisitions and organic growth initiatives in several sectors, including e-commerce, artificial intelligence (“AI”)-based e-commerce solutions, AI-powered marketing and fintech. “This five-year plan is a pivotal moment for Accredited Solutions as we embark on a journey to transform our company and achieve substantial revenue growth,” said the Accredited Solutions CEO Eduardo…

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WednesdayAug 21, 2024 9:35 am

NetworkNewsBreaks – GeoVax Labs Inc. (NASDAQ: GOVX) Enters $8.5M Registered Direct Offering with Institutional Investor

GeoVax Labs (Nasdaq: GOVX), a clinical-stage biotechnology company developing immunotherapies and vaccines against cancer and infectious diseases, has entered into a definitive securities purchase agreement with a certain institutional investor. The agreement is for the purchase and sale of 1,700,000 shares of the company’s common stock (or common stock equivalents), offered at $5 per share as part of a registered direct offering. The company will also issue the investor(s), in a concurrent private placement, warrants to purchase up to 1,700,000 shares of common stock. The exercise price of the warrants is also $5 per share. The warrants will be exercisable…

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WednesdayAug 21, 2024 8:30 am

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS), NTT DOCOMO Report on Quantum Optimization Pilot Program Resulting in 15% Improved Mobile Network Performance

D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, has partnered with NTT DOCOMO Inc., Japan’s largest mobile phone operator, to work on a quantum optimization pilot that resulted in demonstrable mobile network performance improvements. According to the announcement, the project showed a reduction in network signal congestion across base stations, with potential for more efficient signal transmission and equipment cost savings. For the collaboration, DOCOMO used D-Wave’s annealing quantum computing solutions to reduce congestion at base stations by decreasing paging signals during peak calling times…

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TuesdayAug 20, 2024 3:48 pm

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Quantum AI Product Roadmap Enhancements Highlighted in Syndicated Broadcast

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, is featured in a NetworkNewsAudio (“NNA”) broadcast. NNA broadcasts are designed to provide additional visibility, recognition and brand awareness to the investment community. According to the broadcast, D-Wave is focused on strengthening the connection between quantum optimization, artificial intelligence (AI) and machine learning (ML). The company is working to accomplish this by extending its product development roadmap with enhancements to its Leap™ quantum cloud service. Three key areas are included in D-Wave’s product development roadmap extensions:…

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TuesdayAug 20, 2024 2:52 pm

NetworkNewsBreaks – ECGI Holdings Inc. (ECGI) Says Success of Allon Equestrian Apparel Line at AETA Is ‘Pivotal Moment’

ECGI Holdings (OTC: ECGI), a diversified holding company with a unique portfolio in viticulture, hospitality and luxury fashion, is reporting on the success of its Allon equestrian apparel line during the American Equestrian Trade Association (“AETA”) International trade show, which was held in Dallas. According to the company, the launch, which included a range of show coats, show shirts, breeches, safety vest covers and jewelry, “drew significant attention from key retailers.” The company called the trade show a “pivotal moment” for Allon, noting that the line continues to gain momentum in the highly competitive equestrian market. “The positive feedback we…

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TuesdayAug 20, 2024 1:46 pm

NetworkNewsBreaks – Laser Photonics Corporation (NASDAQ: LASE) Closes on $3M Securities Purchase Agreement

Laser Photonics (NASDAQ: LASE), a leading global developer of industrial laser systems for cleaning and other material processing applications, has closed on a securities purchase agreement with institutional investors. The private placement totaled $3 million in gross cash proceeds, before deductions and expenses. According to the announcement, Laser Photonics anticipates using the funds from the agreement for working capital and general corporate purposes. Laser Photonics also issued an aggregate of 1,500,000 units in connection with the private placement. Aegis Capital Corp. acted as the exclusive placement agent for the private placement. To view the full press release, visit https://nnw.fm/mDDaw About Laser…

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TuesdayAug 20, 2024 1:39 pm

NetworkNewsBreaks – National Investment Banking Association Selects IBN as Official Media Sponsor for Its Landmark 150th Investment Conference

The National Investment Banking Association (“NIBA”) has selected IBN (“InvestorBrandNetwork”), a cutting-edge corporate communications and digital engagement platform providing tailored platform solutions for public and private companies, as an official media sponsor of its 150th Investment Conference. As an official media sponsor, IBN is leveraging its array of state-of-the-art solutions to heighten recognition of the event through an array of extensive digital channels, social media capabilities, and communication strategy. InvestorWire, a key distribution brand of IBN, will serve as the Official Newswire for the conference scheduled for September 4-5, 2024, at The Westin Fort Lauderdale Beach Resort, Fort Lauderdale, Florida.…

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