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TuesdayAug 06, 2024 10:23 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Shares Update from CEO

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today provided an update from CEO and chairman David Michery. According to the update, the company believes it has a strong foundation for future growth in EV sales based on the value of its total assets and cash position. Mullen highlighted the $250 million in new financing commitments it has secured to accelerate its growth plan, the expansion of its sales and distribution reach, the receipt of new orders, the delivery of vehicles, and negotiations to expand its customer base and market share. In addition, Mullen noted that it is…

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TuesdayAug 06, 2024 10:09 am

NetworkNewsBreaks – Ocugen Inc. (NASDAQ: OCGN) Closes on $35M Public Offering

Ocugen (NASDAQ: OCGN), a biotechnology company focused on discovering, developing and commercializing novel gene and cell therapies and vaccines, has closed on its previously announced underwritten public offering. The offering was comprised of 30,434,783 shares of its common stock, with each share sold at $1.15 per share. The company is anticipated to receive an estimated $35 million in gross proceeds, before standard deductions and expenses are made. Ocugen plans to use the funds from the offering for general corporate purposes, capital expenditures, working capital, and general and administrative expenses. Titan Partners Group, a division of American Capital Partners, acted as…

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MondayAug 05, 2024 2:08 pm

NetworkNewsBreaks – Blockchain Futurist Conference Shares Top 10 Reasons to Attend Upcoming Event

Blockchain Futurist Conference is this year’s must-attend Web3 event, and a recent press release shares the top reasons for being part of the Aug. 13–14, 2024, gathering. Those reasons include everything from being the largest Web3 event in Canada — with more than 10,000 attendees, 250-plus speakers and 150 partners — to including a massive cabana networking opportunity and dozens of scheduled meet-up opportunities. The two-day event also features two hackathons: the ETHToronto Hackathon and ETHWomen, the largest female-driven hackathon in the world. In addition, the event is being held during Canada’s Crypto Week, with more than 50 other events also taking…

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MondayAug 05, 2024 1:56 pm

NetworkNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) CEO Featured in Latest Bell2Bell Podcast, Recorded Live at AAIC 2024

Annovis Bio (NYSE: ANVS), a late-stage, clinical-drug platform company pioneering transformative therapies for neurodegenerative disorders such as Alzheimer’s disease (“AD”) and Parkinson’s disease (“PD”), is spotlighted in the latest episode of The Bell2Bell Podcast, released by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community. The episode, which featured Annovis Bio founder, president and CEO Dr. Maria Maccecchini, PhD, was recorded live from the Alzheimer’s Association International Conference(R) 2024 (“AAIC”). During the episode, Maccecchini and IBN’s Stuart Smith discussed the results of the company’s recent phase 3 Parkinson’s study of its lead drug candidate, buntanetap. Maccecchini…

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MondayAug 05, 2024 1:44 pm

NetworkNewsBreaks – Clene Inc. (NASDAQ: CLNN) Announces Participation in Upcoming Canaccord Genuity 44th Annual Growth Conference & Private Company Showcase

Clene (NASDAQ: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc. is a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis (“ALS”) and multiple sclerosis (“MS”). The company is set to present at the Canaccord Genuity 44th Annual Growth Conference & Private Company Showcase and host 1x1 investor meetings. The company’s presentation is scheduled for August 13, 2024, at 11:30 a.m. EST. To view the live webcast, visit https://nnw.fm/uGo0W To view the full press release, visit https://nnw.fm/LLDIg About Clene Inc. Clene (along with…

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MondayAug 05, 2024 1:31 pm

NetworkNewsBreaks – Upstream Looks at First Week of Spot Ethereum ETF Trading

Upstream, a MERJ Exchange stock market and global trading app, is reporting on the first week of trading for spot Ethereum exchange-traded funds (“ETFs”). According to the article, spot Ethereum ETFs began trading on July 23, 2024; the ETFs were offered by entities such as BlackRock, Fidelity, 21Shares, Bitwise, Franklin Templeton, VanEck and Invesco Galaxy, which also offer spot Bitcoin ETFs. Spot Ethereum ETFs started strong with more than $1 billion in trade volume on the first day, representing 23% of the volume seen by Bitcoin ETFs on their launch. Upstream noted that Ethereum ETFs, which are similar to traditional ETFs…

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FridayAug 02, 2024 11:27 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces New Lease Program to Make Its Commercial EVs Available to More Customers

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced bizEV, a new turnkey lease program for the Mullen ONE, Class 1 EV cargo van. bizEV is created with a focus on individuals, small businesses and fleets and is available through Mullen authorized dealers. The lease program offers customers an opportunity to transition to EV with a 3-year lease option, starting at $475 per month plus applicable taxes and fees and includes scheduled vehicle maintenance. “Small businesses are the backbone of America and we are looking to remove the barriers typical business owners face when considering EVs, while…

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FridayAug 02, 2024 10:48 am

NetworkNewsBreaks – Better Choice Company (NYSE American: BTTR) Closes on $5M Public Offering

Better Choice Company (NYSE American: BTTR), a pet health and wellness company, has closed on its public offering. The offering consisted of 639,000 shares of common stock as well as prefunded warrants to purchase 1,028,000 shares of its common stock. According to the announcement, each share of common stock and prefunded warrant was sold at $3 per share (inclusive of the prefunded warrant exercise price), resulting in gross proceeds of approximately $5 million, before underwriting discounts and offering expenses were deducted. The announcement also noted that Better Choice granted the underwriters a 45-day option to purchase up to an additional…

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FridayAug 02, 2024 10:25 am

NetworkNewsBreaks – CEL-SCI Corp. (NYSE American: CVM) Closes on $10.8M Best-Efforts Offering

CEL-SCI (NYSE American: CVM), a cancer immunotherapy company, recently announced the closing of its previously announced best-efforts offering. The transaction involved the sale of 10,845,000 shares of the company’s common stock (or pre-funded warrants in lieu thereof) at an offering price of $1.00 per unit (inclusive of the pre-funded warrant exercise price). The offering raised $10,845,000 in gross proceeds before deductions. CEL-SCI intends to use the net proceeds to fund the continued development of Multikine (its lead investigational therapy), general corporate purposes, and working capital. ThinkEquity acted as the sole placement agent for the offering. To view the full press…

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FridayAug 02, 2024 9:00 am

NetworkNewsBreaks – SenesTech Inc. (NASDAQ: SNES) Schedules Call, Webcast to Report Q2 2024 Financial Results

SenesTech (NASDAQ: SNES), the leader in fertility control to manage animal-pest populations, has announced plans for a conference call and webcast to be held on Aug. 8, 2024, at 5 p.m. ET. According to the announcement, the company plans to release its financial results for second quarter 2024 after market close on the same day. During the conference call, company leaders will review those results. Those who wish to access the call may dial (844) 308-3351 or (412) 317-5407. A replay of the event will be available on the company website for seven days. Those wishing to access the replay…

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