Breaks Categories: News

MondayJun 17, 2024 11:45 am

NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Management Presents During Chardan Transport Platform Tech Series

Freight Technologies (NASDAQ: FRGT), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by artificial intelligence (“AI”) and machine learning, offers a real-time portal for business-to-business (“B2B”) cross-border shipping and domestic shipping, participated in Chardan's recent Transport Platform Tech Series event. The event brought together key industry players and highlighted the company’s focus on revolutionizing cross-border shipping through its advanced technology platform: Fr8App. During the conference, Freight Technologies CEO Javier Selgas and CFO Don Quinby spoke, presenting the company’s vision for transforming the traditional, complicated process of over-the-road (“OTR”) shipping into a more efficient, transparent and flexible operation.…

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MondayJun 17, 2024 10:32 am

NetworkNewsBreaks – CNS Pharmaceuticals Inc.(NASDAQ: CNSP) Enters in Purchase Agreements, Announces Pricing

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, has entered into securities purchase agreements with health-care focused institutional investors. The agreements are for the purchase and sale of 366,000 shares of common stock, or common stock equivalents in lieu thereof, as part of registered direct offering and warrants to purchase up to 366,000 shares of common stock in a concurrent private placement. The shares will be offered at a combined purchase price of $3.75 per share. According to the announcement, the warrants…

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MondayJun 17, 2024 8:30 am

NetworkNewsBreaks – Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) Participates in EULAR 2024 with Tonmya(TM) Poster Presentation

Tonix Pharmaceuticals (NASDAQ: TNXP), a fully integrated biopharmaceutical company with marketed products and a pipeline of development candidates, participated in this month’s Annual European Congress of Rheumatology (“EULAR”) event. The gathering was held June 12–15, 2024, in Vienna, Austria. According to the announcement, the company presented a poster during the four-day international event. According to the announcement, the poster indicated that treatment with Tonix’s Tonmya(TM) (TNX-102 SL, sublingual cyclobenzaprine HCl) in a phase 3 RESILIENT study resulted in significantly reduced daily pain while also showing broad fibromyalgia symptom improvement. “People suffering with fibromyalgia tend to struggle with daily activities, have…

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FridayJun 14, 2024 1:18 pm

NetworkNewsBreaks – Astrotech Corp. (NASDAQ: ASTC) Subsidiary Partners with Multistate Testing Lab to Market Proprietary AgLAB Solutions

Astrotech (NASDAQ: ASTC), an innovative science and technology company, and its subsidiary, AgLAB, have entered into a master lease agreement with SC Labs; the companies are working together to jointly market the AgLAB 1000-D2(TM) mass spectrometer and the AgLAB Maximum Value Process testing method to SC Labs customers. AgLAB has pioneered applications featuring the Astrotech Mass Spectrometer Technology that specifically target the hemp and cannabis markets while SC Labs, one of the largest multistate cannabis and hemp-testing labs in the United States, delivers industry-leading, science-based innovations in cannabis and hemp testing. The partnership between the two entities extends SC Labs’ analytical services directly…

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FridayJun 14, 2024 12:40 pm

NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Closes on Flow-Through Financing Valued at $20M

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, has closed on its previously announced $20 million public financing. The company anticipates using the funds for ongoing exploration and development at the Fox Complex in the Timmins region of Ontario. According to the company, development will focus on the next area of production growth at the project, which includes exploration drilling and the building of an underground access ramp. “The proceeds of this financing will be used exclusively for qualifying Canadian Exploration Expenses (‘CEE’) and Canadian Development Expenses (‘CDE’),” said…

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FridayJun 14, 2024 11:01 am

NetworkNewsBreaks – Golden Triangle Ventures Inc. (GTVH) Receives Full Financial Commitment to Move Forward with Launch of Freight Brokerage Division

Golden Triangle Ventures (OTC: GTVH), a multifaceted consulting company, has received the financial commitment required to launch an internal, full-service freight-brokerage business designed to significantly expand its logistics capabilities. GTVH made this announcement following the completed acquisition of Cargo Management Group from TK Zarro LLC; the acquisition includes a logistics operation, brokerage business, licenses and all associated assets. The announcement noted that the company received full financial support from TK Zarro to obtain state-of-the-art freight brokerage software, Transportation Management System (TMS), and load board subscriptions to streamline operations and improve service delivery. The announcement also stated that the transition will…

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FridayJun 14, 2024 10:41 am

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Extends Partnership with Aramco Research Center to Help Maximize Quantum’s Positive Impact

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, has extended its agreement with Aramco, a global integrated energy and chemicals company, to manage geophysical optimization problems through D-Wave’s quantum technologies. For the past two years, the Aramco Research Center in Delft, the Netherlands, has been working with D-Wave’s powerful quantum technologies on solving highly complex optimization problems involved in computationally intensive seismic imaging, an ultrasound-like technology used to map the various geological strata many kilometers below the surface. Using D-Wave’s quantum technologies, the Aramco Research Center, which is focused on developing advanced computing…

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FridayJun 14, 2024 10:33 am

NetworkNewsBreaks – Kidpik Corp. (NASDAQ: PIK) Announces $2M Private Placement

Kidpik (NASDAQ: PIK), a children's clothing subscription box company, has entered into a securities purchase agreement (“SPA”) with EF Hutton YA Fund LP. According to information filed with the U.S. Securities and Exchange Commission (“SEC”), the agreement calls for Kidpik to sell three tranches of convertible debentures totaling an aggregate principal amount of $2 million. The first tranche, valued at $500,000 was completed on May 18, 2023. Kidpik also agreed to sell an additional $500,000 in convertible debentures upon the filing of a definitive proxy statement with the SEC seeking stockholder approval for, among other things, a merger with Nina Footwear…

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ThursdayJun 13, 2024 3:07 pm

NetworkNewsBreaks – ECGI Holdings Inc. (ECGI) Signs Binding LOI to Acquire Pacific Saddlery

ECGI Holdings (OTC: ECGI), a diversified holding company with a unique portfolio in viticulture and luxury fashion, is announcing the signing of a binding Letter of Intent (“LOI”) to acquire all outstanding shares of Pacific Saddlery, Inc., a renowned manufacturer and retailer of luxury equestrian tack, apparel and accessories, in exchange for $5,000,000 in ECGI-restricted shares. According to the announcement, these shares will remain restricted until ECGI uplists to a national exchange. The acquisition aligns with ECGI’s objectives of expanding its presence in the luxury brands sector. It is expected to generate new recurring revenue streams and enhance ECGI’s position…

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ThursdayJun 13, 2024 2:04 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Secures $13.2M Sales Order

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, today announced that its subsidiary, Bollinger Motors, has reached an agreement to sell 80 all-electric Class 4 commercial trucks for a sales order of $13.2 million to Momentum Groups, a leader in fleet management and EV charging solutions. Momentum, with strength is in its full-service national fleet program and mobile or permanent charging infrastructure for EVs, can upfit the Bollinger B4 Chassis Cab with mobile EV chargers, a box truck, flatbed, service body or stake truck. According to the announcement, Momentum will take possession of the vehicles after Bollinger Motors launches…

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