Breaks Categories: News

TuesdayJun 11, 2024 11:03 am

NetworkNewsBreaks – Correlate Energy Corp. (CIPI) Working on $400M ‘Landmark’ Initiative to Develop Nation’s First Microgrid Utility

Correlate Energy (OTCQB: CIPI) is working to develop the first microgrid utility in the country. According to the announcement, the company is partnering with Compass Energy Platform and Distributed Energy Capital (“DEC”) on the landmark initiative, which will be a major advancement in adopting renewable utility infrastructure, ensuring reliable and resilient clean energy. The project is being led by Cuyahoga Green Energy (“CGE”) and will be the first new county utility for Cuyahoga County in more than 75 years. To begin with, the project calls for the development of four microgrids, totaling approximately $400 million, with opportunities for follow-on initiatives.…

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MondayJun 10, 2024 1:36 pm

NetworkNewsBreaks – Dalmore Group Exec Featured Guest in Latest Episode of The Bell2Bell Podcast

Dalmore Group, a tech-driven investment bank and broker dealer on a mission to revolutionize the way companies raise capital online, is spotlighted in the most recent episode of The Bell2Bell Podcast. Released by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community, the Bell2Bell Podcast delivers exclusive interviews with executives and professionals operating in fast-moving industries. During the podcast, Dalmore Group director of sales Stormer Santana and host Jonathan Keim discussed what Santana enjoys most about working in online fundraising, which is the opportunity to interact with hundreds of passionate entrepreneurs. Santana also explained how…

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MondayJun 10, 2024 1:31 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Enters Key Northeast Hub with Addition of New England Area Dealer

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, today announced the addition of zero-emissions commercial vehicle dealership, Eco Auto, a Boston, Massachusetts-area dedicated EV dealer. As Mullen’s newest franchise dealer, Eco Auto will cover national fleet opportunities for the company’s full line of commercial electric vehicles with particular focus on the regional New England area. According to the announcement, Eco Auto’s initial vehicle order includes 10 Mullen ONE, Class 1 EV cargo vans, and 3 Mullen THREE, Class 3 EV cab forward EV trucks. “The New England area is a key Northeast hub for commercial fleet companies and one…

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MondayJun 10, 2024 11:20 am

NetworkNewsBreaks – Software Effective Solutions Corp. (d/b/a MedCana) (SFWJ) Provides Operations, Expansion Update

Software Effective Solutions Corp. (d/b/a MedCana) (OTC: SFWJ), a leading entity in the cannabis and agricultural technology sectors, is beginning its first expansion phase and is reporting on its strategic initiative. According to the announcement, through careful and deliberate planning and foresight, MedCana is reporting the allocation of an additional two hectares dedicated to production. Calling the move “pivotal,” the company noted that MedCana management is committed to meeting escalating market demands and fortifying the company’s operational capabilities. In addition, the report noted that MedCana and its majority-held subsidiary, Eko2o S.A.S, have achieved a 35% reduction in construction costs associated…

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MondayJun 10, 2024 9:32 am

NetworkNewsBreaks – The Bell2Bell Podcast Launches New Episode

Stormer Santana, Director of Sales for Dalmore, joined Jonathan Keim at IBN to discuss how companies are raising capital online in the current environment, different ways technology has transformed the way issuers and investors connect, and much more. Dalmore, a tech-driven, FINRA-registered full service broker-dealer, is on a mission to revolutionize the way companies raise capital online and has participated in over 50% of all Reg A+ filings, per KingsCrowd. “We've been a broker dealer for 20 years now, hyper focused in online fundraising, and that was really started through the JOBS Act, which introduced Regulation Crowdfunding (Reg CF), Regulation…

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FridayJun 07, 2024 2:07 pm

NetworkNewsBreaks – Life360, Inc. (NASDAQ: LIF) Makes Public Debut on Nasdaq

Life360 (NASDAQ: LIF), a San Francisco-based tracking app company, was featured in a recent Fox Business article. The article highlighted the company’s debut as a public company, noting that Life360 made its initial public offering at $27 per share on Thursday, June 6, with co-founder and CEO Chris Hulls ringing the opening bell. The company now trades on the Nasdaq under the ticker LIF. According to the article, Life360’s popular eponymous app allows family members to track each other’s whereabouts and has around 66 million active users globally. Life360 also owns Jiobit, a tracking device for kids, elderly loved ones…

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FridayJun 07, 2024 1:58 pm

NetworkNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) CEO to Participate in Fireside Chats at Two Upcoming Events

Lucid Group (NASDAQ: LCID) is the maker of the world’s most advanced electric vehicles. The company today announced that Peter Rawlinson, its CEO and CTO, will participate in a fireside chat at the Deutsche Bank Global Auto Industry Conference. The fireside chat is scheduled for Tuesday, June 11, at approximately 2:40 p.m. ET. In addition, on Wednesday, June 12, at approximately 9 a.m. ET, Rawlinson will participate in a fireside chat at the third annual Evercore ISI Global Clean Energy & Transitions Summit. According to the announcement, both discussions will be webcasted live on the company’s investor relations website, with…

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FridayJun 07, 2024 1:49 pm

NetworkNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Regains Compliance with Nasdaq Listing Rule 5550(a)(2)

Scinai Immunotherapeutics (NASDAQ: SCNI) is a biopharmaceutical company focused on developing inflammation and immunology (“I&I”) biological products and providing CDMO services through its Scinai Bioservices business unit. The company announced today that on June 5, 2024, it received a formal notification from the Listing Qualification Department of the Nasdaq Stock Market that it has regained compliance with the minimum $1.00 bid price requirement outlined in Nasdaq Listing Rule 5550(a)(2). The notification further stated that Scinai remains non-compliant with the equity requirement in Listing Rule 5550(b)(1) or any of the alternative requirements under Listing Rule 5550(b). Accordingly, on June 18, 2024,…

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FridayJun 07, 2024 1:42 pm

NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Receives Deadline Extension for Completion of CA$3M Private Placement

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, provided an update on the second tranche of a CA$3 million non-brokered private placement. The company noted that further to its earlier news release in connection with the closing of the first tranche (CA$1.5 million) of the offering, the TSX Venture Exchange has extended the deadline for the completion of the offering. FuelPositive anticipates completing the final tranche of the offering before June 24, 2024. In addition, the company announced it will settle further outstanding debt totaling $27,500 to an arms-length creditor. The company plans to issue 500,000 units at…

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FridayJun 07, 2024 9:48 am

NetworkNewsBreaks – SOBR Safe Inc. (NASDAQ: SOBR) Strengthens Balance Sheet and Eliminates Debt through Exercise of Warrants, Conversion of Notes

SOBRsafe (NASDAQ: SOBR), a provider of next-generation, transdermal alcohol-detection solutions, has received an estimated $2.8 million in gross proceeds from the exercise of warrants while also settling its remaining debt balances through the conversion of outstanding notes payable into 4,358,957 shares of common stock. The company is focused on strengthening its balance sheet and working to regain compliance with the NASDAQ market. “These are very positive developments for the future of SOBRsafe,” said SOBRsafe CEO and chair Dave Gandini in the press release. “We have significantly strengthened our balance sheet with both this infusion of capital and elimination of $2.6…

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