Breaks Categories: News

TuesdayJul 16, 2024 1:07 pm

NetworkNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Updates to 2025 Lucid Air Pure, Other Models Symbolize ‘Relentless Approach’ to Optimization

Lucid Group (NASDAQ: LCID), maker of the world's most-advanced electric vehicles, is reporting updates for its 2025 model year. According to the announcement, the updates “further raise the bar, enabling a landmark five miles per kilowatt hour of energy and record 146 MPGe EPA rating for the Air Pure.” The company also noted that the heat pump, which was initially featured on the Lucid Sapphire, will be standard across the lineup, resulting in improved real-world range; LCID models will also feature a powerful new infotainment processor designed to provide improved user experience. With these updates, the 2025 Lucid Air Pure…

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TuesdayJul 16, 2024 1:05 pm

NetworkNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) Secures FDA Approval for New Form of Buntanetap

Annovis Bio (NYSE: ANVS), a late-stage clinical drug platform company pioneering transformative therapies for neurodegenerative disorders such as Alzheimer’s (“AD”) and Parkinson’s disease (“PD”), today announced receipt of approval from the U.S. Food and Drug Administration (“FDA”) to transition to a new solid form of buntanetap in future clinical trials. “In June 2024, Annovis announced the filing of a composition of matter patent for the new crystal form of buntanetap and a provisional patent for the manufacturing process of this new form,” the announcement reads. “The company conducted comprehensive bridge studies in various solvents and in animals, comparing the old…

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TuesdayJul 16, 2024 12:37 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Announces Key Management Appointments

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, and its subsidiary, Bollinger Motors, have announced changes in Bollinger management. According to the announcement, former General Motors (“GM”) executive James Taylor has been appointed CEO, replacing company founder Robert Bollinger; Bollinger, a major shareholder, will remain on the company’s board of directors. Bryan Chambers was also named president and chief operating officer with Siva Kumar appointed chief strategy officer and senior vice president of finance. Taylor has been working with Bollinger on development of the company’s all-electric Bollinger B4 Class 4 Chassis Cab. He has more than three decades of…

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MondayJul 15, 2024 3:06 pm

NetworkNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Stock Surges Following Assassination Attempt on Founder

Trump Media & Technology Group (NASDAQ: DJT) experienced a significant surge in its shares, climbing over 33% in early trading on a Monday. This dramatic increase was triggered by an assassination attempt on the company’s founder, former President Donald Trump, during a rally in Pennsylvania. Trump, utilizing his platform Truth Social, recounted the harrowing experience, which led to a brief hospitalization. Despite the severity of the incident, Trump was released the same night, with his doctor calling his survival a “miracle.” Following this event, DJT’s stock opened at an impressive 49% higher than the previous session’s close, eventually stabilizing around $40.98…

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MondayJul 15, 2024 1:27 pm

NetworkNewsBreaks – Volcon Inc. (NASDAQ: VLCN) Closes $12M Registered Direct

Volcon (NASDAQ: VLCN), an all-electric power sports company producing high-quality and sustainable electric vehicles for the outdoor community, recently closed a registered direct offering. The company secured aggregate gross proceeds of approximately $12 million in the transaction that closed on July 12, 2024. Aegis Capital Corp. acted as the exclusive placement agent for the offering. To view the full press release, visit https://nnw.fm/CcBPO About Volcon Inc. Based in the Austin, Texas area, Volcon was founded as the first all-electric power sports company producing high-quality and sustainable electric vehicles for the outdoor community. Volcon electric vehicles are the future of off-roading,…

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MondayJul 15, 2024 12:55 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Inks Contract for Sale of 70 B4 EV Trucks to Leading Fleet-Management Company

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, and its subsidiary, Bollinger Motors, have contracted to sell 70 all-electric Class 4 Bollinger B4 commercial trucks. The trucks are being purchased by Doering Fleet Management, one of the nation’s premier fleet-management companies, and will be the first class 4, medium duty, all-electric truck offered by Doering. According to the announcement, the value of vehicle order is an estimated $11.5 million, and the first vehicles are slated to be delivered later this year. An all-new, battery-electric class 4 commercial truck, the Bollinger B4 Chassis Cab has been designed from the ground…

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MondayJul 15, 2024 12:16 pm

NetworkNewsBreaks – Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) Announces Completion of Business Combination with G Mining Ventures

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has completed its business combination with G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF). The business combination was completed through a court-approved plan of arrangement under the Canada Business Corporations Act after GMIN shareholders and Reunion Gold securityholders approved the plan; the Ontario Superior Court of Justice also approved the transaction. According to the announcement, a newly incorporated successor issuer will hold and manage the combined business of GMIN and Reunion Gold and has acquired all of the issued and outstanding common shares in the capital of…

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MondayJul 15, 2024 11:15 am

NetworkNewsBreaks – Nutriband Inc. (NASDAQ: NTRB) Obtains Notice of Allowance for Key Trademark Identified as ‘Integral’ to Platform Technology

Nutriband (NASDAQ: NTRB), a developer of transdermal pharmaceutical products, has received a Notice of Allowance from the United States Patent and Trademark Office (“USPTO”). According to the announcement, the notice means that the USPTO anticipates granting the trademark registration covering the mark “AVERSA” after completing administrative processes. Nutriband's proprietary AVERSA(TM) abuse deterrent transdermal technology works to incorporate aversive agents into transdermal patches that make an experience unpleasant, thereby discouraging abuse of substances. This technology is especially significant for drugs such as fentanyl, which have a high potential for abuse. The company’s lead product under development is AVERSA Fentanyl. Nutriband is…

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MondayJul 15, 2024 10:59 am

NetworkNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Collaborates with Chamber of Commerce to Unveil Documentary

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), a leading exploration and mine development company, has released a documentary film. The company partnered with the Canadian Bolivian Chamber of Commerce to create the film, a short documentary titled “Viva Tupiza! Viva Bolivia!” The film was made in Bolivia in the Tupiza area where Eloro’s Iska Iska silver-tin polymetallic project is located. A silver-tin polymetallic project, Iska Iska is a road-accessible, royalty-free property located 48 kilometers from Tupiza in the Sud Chichas Province of the Department of Potosi in southern Bolivia. Eloro has an option to earn a 100% interest in…

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MondayJul 15, 2024 10:40 am

NetworkNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Releases Successful Preclinical Results In-Vivo Proof-of-Concept Psoriatic Human Skin Model Study

Scinai Immunotherapeutics (NASDAQ: SCNI), a biotechnology 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, is reporting recent study results. According to the announcement, the successful in-vivo preclinical results are from SCNI’s innovative anti IL-17A/F VHH antibody fragment (“NanoAb”), which is being studied as a local, first-of-its-kind, intralesional biological treatment for from mild to moderate plaque psoriasis. An estimated million patients are diagnosed with plaque psoriasis in the United States, Japan and Europe. Scinai's product candidate is designed to address the major shortcomings of…

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