Breaks Categories: News

FridayApr 12, 2024 1:49 pm

NetworkNewsBreaks – Upstream Bridges Investment Gap for Issuers

Upstream, a MERJ Exchange market and trading app, today published a blog article that discussed common investment difficulties for issuers and how Upstream Exchange is helping solve these challenges. The article noted that roadshows are a cornerstone of any successful listing, but issuers often face a gap between generating excitement and securing capital from global retail investors. This is because traditional processes make it difficult for global retail investors to access U.S., Canadian and other securities, hindering participation in upcoming offers. “The concept of direct exchange access with an app didn’t exist… until Upstream, a MERJ Exchange market. Upstream gives…

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FridayApr 12, 2024 1:24 pm

NetworkNewsBreaks – Yahoo! Finance Publishes Article on Big Tech-Led Rebound in US Stocks

Yahoo Finance published an article that discussed the U.S. stock surge on Thursday as big tech stocks led a rebound from a sell-off fueled by Wednesday’s surprise uptick in consumer prices. The article noted that members of the “Magnificent 7” tech stocks, a group that includes Apple Inc. (NASDAQ: AAPL), Nvidia Corp. (NASDAQ: NVDA), Amazon.com Inc. (NASDAQ: AMZN), Alphabet Inc. (NASDAQ: GOOGL, GOOG), Microsoft Corp. (NASDAQ: MSFT), Meta Platforms Inc. (NASDAQ: META), and Tesla Inc. (NASDAQ: TSLA), helped lead the rally. “Apple and Nvidia were both up more than 4%, while Amazon gained more than 1.5% to hit its first…

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FridayApr 12, 2024 12:52 pm

NetworkNewsBreaks – Longeveron Inc. (NASDAQ: LGVN) Closes on Public Offering Valued at Estimated $5.2M

Longeveron (NASDAQ: LGVN), a clinical-stage biotechnology company developing cellular therapies for life-threatening and chronic aging-related conditions such as hypoplastic left heart syndrome (“HLHS”), Alzheimer’s disease and Aging-Related Frailty, has closed on its previously announced public offering. The offering was comprised of up to 2,234,043 shares of Class A LGVN common stock (or prefunded warrants in lieu thereof) and warrants to purchase up to 2,234,043 shares of Class A common stock, both offered at $2.35 per share and associated warrant. The announcement noted that the warrants are exercisable upon issuance for up to five years. The public offering resulted in gross…

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FridayApr 12, 2024 11:37 am

NetworkNewsBreaks — PaxMedica Inc. (NASDAQ: PXMD) Announces ‘Milestone Achievement’ on Journey to Developing PAX-101

PaxMedica (NASDAQ: PXMD), a biopharmaceutical company focused on advancing treatments for neurological disorders, has completed the execution of three pivotal registration/validation batches of PAX-101, which is an IV formulation of suramin. According to the announcement, this is an important milestone achievement as the company works toward enabling a New Drug Application (“NDA”) submission to the U.S. Food and Drug Administration (“FDA”). Currently, the company anticipates submitting the NDA in Q4 2024; this will mark another key milestone as the company works toward the potential commercial availability in the United States of the first and only form of suramin for the…

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ThursdayApr 11, 2024 3:50 pm

NetworkNewsBreaks – Riley Exploration Permian Inc. (NYSE American: REPX) Closes on $65.2M Public Offering

Riley Exploration Permian (NYSE American: REPX), a growth-oriented, independent oil and natural-gas company, has released the pricing of its previously announced underwritten public offering. The offering is comprised of 2,100,000 shares of common stock at $27 per share; the offering includes 700,000 shares offered by the company and 1,400,000 shares being offered by REPX stockholders. In addition, Riley Permian granted the underwriters a 30-day option to purchase up to 315,000 additional shares of common stock at the public offering price, minus underwriting discounts and commissions. The option was fully exercised. According to the announcement, gross proceeds from the offering, which…

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ThursdayApr 11, 2024 3:34 pm

NetworkNewsBreaks – Boston Hemp Inc Recognized as Nation’s Largest Supplier of Premium, Indoor THCa Flower and Extracts

Boston Hemp, a leading player in the hemp industry, today announced its achievement of being recognized as the nation’s largest supplier of exotic indoor THCa flower and extracts. With a commitment to quality and innovation, Boston Hemp has rapidly emerged as a key player in the thriving market. The company’s dedication to excellence is reflected in its cutting-edge facilities and extraction processes, and Boston Hemp prides itself on delivering premium products to meet the growing demand from consumers seeking high-quality and natural alternatives in all 50 states. “We are thrilled to be recognized as the nation’s largest supplier of premium,…

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ThursdayApr 11, 2024 2:07 pm

NetworkNewsBreaks – Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) Files NI 43-101 Technical Report for Oko West Project

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) today announce the filing of the National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) entitled “NI 43-101 Technical Report, Oko West Gold Project, Cuyuni-Mazaruni Mining Districts, Guyana.” The report is dated April 11, 2024, with an effective date of February 26, 2024, to support scientific and technical information that relates to the Oko West Project and the updated Mineral Resource Estimate (“MRE”) published on Feb. 26, 2024. According to the announcement, the updated MRE showed a significant increase in both grades and contained gold within the overall MRE and also included…

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ThursdayApr 11, 2024 11:02 am

NetworkNewsBreaks – Golden Triangle Ventures Inc. (GTVH), Lavish Entertainment Announce Acquisition, Strengthen Position as ‘Powerhouse’ in Entertainment Space

Golden Triangle Ventures (OTC: GTVH), a multifaceted consulting company, and its wholly owned subsidiary, Lavish Entertainment, have closed on the full acquisition of ABI Create, a premier event-management and production company. ABI Create was founded in 2015 by Lavish Entertainment president and COO Marco Antonio Moreno. Since its inception, ABI Create has established a reputation for delivering high-quality productions for a range of large-scale installations at major music festivals, sporting events and conventions. The company has partnered with the NFL Super Bowl, San Diego and New York Comic Con events, EDC and Camp EDC, Bonnaroo Music Festival, the Waste Management…

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WednesdayApr 10, 2024 2:20 pm

NetworkNewsBreaks – Informa’s FinovateSpring 2024 Event Offers Rich Array of Fintech Speakers, Presentations, Workshops

Informa PLC, a London-based events production, digital products and academic research services agency, is releasing agenda information for next month’s annual FinovateSpring event. Scheduled for May 21–23, 2024, in San Francisco, the premier event is a leading fintech conference focused on shaping the digital future of financial institutions. The event agenda features an array of industry experts, including Bryan Lewis, president and CEO of Intellicheck; Trish Costello, CEO and founder of Portfolia; Gary Rudman, president/founder of GTR Consulting; Sam Kilmer, managing director of Fintech Advisory at Cornerstone Advisors; James Robert Lay, author of "Banking on Digital Growth"; and Sam Das, managing director of TruStage Ventures,…

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WednesdayApr 10, 2024 2:12 pm

NetworkNewsBreaks – OneMedNet Corporation (NASDAQ: ONMD) Moves to Solidify Cash Position, Accelerate Growth

OneMedNet (NASDAQ: ONMD) is the leading curator of regulatory-grade Real World Data (“iRWD(TM)”) through its proven OneMedNet iRWD(TM) solution. The company recently announced that it has entered into a definitive securities purchase agreement, dated as of March 28, 2024, with an institutional investor providing up to $4.54 million in funding through a private placement for the issuance of senior convertible notes. OneMedNet intends to use the net proceeds from the offering for working capital purposes. “This securities purchase agreement demonstrates confidence in our comprehensive iRWD(TM) platform, marking an important milestone for OneMedNet as we have the investment needed to expedite…

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