Breaks Categories: News

ThursdayJan 30, 2025 11:50 am

NetworkNewsBreaks – Sharps Technology Inc. (NASDAQ: STSS) Secures $20M in Underwritten Public Offering

Sharps (NASDAQ: STSS), an innovative medical device and pharmaceutical packaging company offering patented, best-in-class syringe products, has announced the closing of its firm commitment underwritten public offering. The company secured approximately $20.0 million in gross proceeds from the offering that closed on Jan. 29, 2025. The company granted Aegis Capital Corp. a 45-day option to purchase additional shares of common stock and/or warrants as detailed in the announcement. Aegis acted as the sole book-running manager for the offering. Sichenzia Ross Ference Carmel LLP acted as counsel to the company, and Kaufman & Canoles, P.C. acted as counsel to Aegis. To…

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ThursdayJan 30, 2025 11:41 am

NetworkNewsBreaks – A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) (FRA: A3CSQ) Prices $30M Public Offering, Concurrent Registered Direct

A2Z (NASDAQ: AZ) (FRA: A3CSQ) recently announced the pricing of an underwritten public offering of 3,281,250 common shares, each at a public offering price of $6.40, as well as a registered direct offering of 1,406,250 common shares, each at a purchase price of $6.40. The company expects total gross proceeds of $30 million from the offerings, of which it intends to use the net for working capital and continued development and expansion of existing business. This includes fulfilment of contracted smart cart backlog orders and acceleration of the onboarding process for new clients. Titan Partners Group, a division of American…

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ThursdayJan 30, 2025 11:40 am

NetworkNewsBreaks – Lakeland Industries, Inc. (NASDAQ: LAKE) Closes Underwritten Public Offering

Lakeland (NASDAQ: LAKE) (Lakeland Fire + Safety), a leading global manufacturer of protective clothing for industry, healthcare, and first responders, has closed an underwritten public offering of 2,093,000 shares of its common stock, which includes 273,000 shares pursuant to the full exercise of the over-allotment option granted to the underwriters. The shares were each sold at a public offering price of $22. Roth Capital Partners acted as sole book-running manager for the offering. For more information, visit https://nnw.fm/fiN9v About Lakeland Fire + Safety Lakeland Fire + Safety manufactures and sells a comprehensive line of fire services and industrial protective clothing…

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ThursdayJan 30, 2025 11:34 am

NetworkNewsBreaks – Fusion Fuel Green PLC (NASDAQ: HTOO) Announces Leadership Change

Fusion Fuel (NASDAQ: HTOO), a leading provider of comprehensive energy engineering, advisory and supply solutions, has announced the resignation of Gavin Jones as CFO and the appointment of Frederico Figueira de Chaves as Interim CFO, effective Jan. 24, 2025. Jones has opted to pursue a new opportunity, but will continue to serve as company secretary and has pledged his support to ensure a seamless transition. Figueira de Chaves previously held the position of CFO at Fusion Fuel from 2020 to 2023, where he was instrumental in shaping the company's financial strategy and operational framework. Currently serving as the company’s chief…

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ThursdayJan 30, 2025 11:21 am

NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Announces Pricing of $6 Million Registered Direct Offering

SuperCom (NASDAQ: SPCB) has entered into securities purchase agreements with institutional investors to sell 545,454 ordinary shares at $11.00 per share in a registered direct offering, expected to generate approximately $6 million in gross proceeds. The offering, set to close on Jan. 31, 2025, is subject to customary conditions. SuperCom plans to use the net proceeds for working capital, research and development, potential acquisitions, and general corporate purposes. Maxim Group LLC serves as the sole placement agent for the transaction. To view the full press release, visit https://nnw.fm/fthh7 About SuperCom Since 1988, SuperCom has been a global provider of traditional…

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ThursdayJan 30, 2025 10:35 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Expands U.S. Battery Production with Nikola Equipment Purchase

Mullen Automotive (NASDAQ: MULN) announced the acquisition of additional battery line equipment from Nikola Corporation to enhance its Fullerton, California, battery operations. The facility, dedicated to producing next-generation American-made battery packs and solid-state polymers, will now include two high-volume standard battery chemistry lines, a solid-state polymer R&D line, and an expanded testing laboratory. The move aligns with Mullen’s commitment to domestic battery production and reduced reliance on foreign imports. The company has also submitted a revised plan to the U.S. Department of Energy, seeking $55 million in matching funds to support its U.S.-based battery and pack manufacturing capabilities. To view…

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ThursdayJan 30, 2025 10:01 am

NetworkNewsBreaks – Thumzup Media Corp. (NASDAQ: TZUP) Reports 230% Advertiser Growth, Expands National Presence

Thumzup (NASDAQ: TZUP) issued a shareholder letter detailing its achievements in 2024 and future strategic vision. The company reported a 230% increase in its advertiser base, now exceeding 600 active advertisers. Key milestones include a successful Nasdaq listing, an $8.2 million upsized public offering, and expansion into South Florida and Greater Los Angeles. Thumzup also enhanced its technology by integrating Instagram Reels and X while launching advanced analytics tools. Additionally, the company holds 19.106 BTC and has a board-approved strategy to allocate up to 90% of its liquid assets to Bitcoin. To view the full press release, visit https://nnw.fm/itlLc About Thumzup®…

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ThursdayJan 30, 2025 9:51 am

NetworkNewsBreaks – Brera Holdings PLC (NASDAQ: BREA) Outlines Strategic Vision for Juve Stabia Expansion

Brera Holdings (NASDAQ: BREA) presented its long-term strategic vision for SS Juve Stabia Srl, the Serie B football club in which it has acquired a 34.62% stake. Executive Chairman Daniel McClory detailed plans to enhance the club’s operations, competitive positioning, and commercial success using Brera’s multi-club ownership ("MCO") model. Speaking alongside Juve Stabia’s management, McClory emphasized Brera’s commitment to sustainable growth, improved facilities, and expanded commercial opportunities. The announcement follows Juve Stabia’s 2-1 victory over Carrarese, reinforcing Brera’s active role in the club’s ambitions as it currently sits fifth in Serie B with 33 points. To view the full press…

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WednesdayJan 29, 2025 1:10 pm

NetworkNewsBreaks – PayPal Holdings Inc. (NASDAQ: PYPL) and Venmo Mobilize to Support Los Angeles Wildfire Relief Efforts

In response to the devastating wildfires in Los Angeles, PayPal (NASDAQ: PYPL) and its customers have collectively raised $1.65 million to aid relief efforts. PayPal has committed to matching 100% of donations up to $1 million, with individual contributions matched up to $1,000 per donor until Feb. 12, 2025. The funds are directed to organizations such as the California Community Foundation’s Wildfire Relief Fund, which provides immediate and long-term support to affected individuals and communities. Additionally, PayPal’s subsidiary, Venmo, has announced further support for FireAid initiatives, enabling users to contribute directly through the Venmo app. This initiative aims to leverage…

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WednesdayJan 29, 2025 12:29 pm

NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Secures Multi-Year National Contract for Digital Driving License System

SuperCom (NASDAQ: SPCB) has won a multi-year contract to develop, deliver and maintain a national computerized system for secured Driving License ("DL") cards in a Nordic European country. The system will utilize SuperCom’s Magna™ e-Government platform, integrating with the country's existing e-ID and e-Passport infrastructure while complying with EU and ICAO security standards. The company will also provide long-term system maintenance and support. CEO Ordan Trabelsi highlighted the contract as part of SuperCom’s strategy to expand in developed markets and strengthen its position as a trusted provider of secure digital identity and monitoring solutions in Europe. To view the full…

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