Breaks Categories: News

MondayFeb 26, 2024 2:10 pm

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Update Strategic Focus on Commercial Vehicle Segment

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting on its continued focus on the commercial vehicle segment with production and deliveries of its Class 1 and Class 3 commercial EVs. According to the announcement, the company is in full commercial production of the Class 1 and Class 3 EV vehicles while subsidiary Bollinger Motors is focused on Class 4–6 vehicles; production of the Class 4 EV is set to begin in the second half of 2024. In addition, Mullen saw positive gross margin per Class 1 and Class 3 vehicles invoiced. The company also noted that…

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MondayFeb 26, 2024 1:56 pm

NetworkNewsBreaks – Vocodia Holdings Corp. (CBOE: VHAI) Announces $5.95M IPO

Vocodia Holdings Corp. (CBOE: VHAI, VHAI+A, VHAI+B), a software company that builds practical AI functions, recently announced the pricing of its underwritten initial public offering of 1,400,000 units, each consisting of one share of common stock of the company, par value $0.0001 (“Common Stock”), one Series A Warrant to purchase one share of Common Stock at $4.25 (the “Series A Warrant”), and one Series B Warrant to purchase one share of Common Stock at $8.50 (the “Series B Warrant”), at a price to the public of $4.25 per unit. Gross proceeds from the offering were expected to be approximately $5,950,000.…

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MondayFeb 26, 2024 1:53 pm

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), Subsidiary Enter Agreement for Clinical Trial of Proprietary Blend Beverage

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions, and its subsidiary, HUGE Biopharma Australia Pty Ltd., have entered into an agreement with Ingenu CRO Pty Ltd. The agreement outlines a study to assess the safety and efficacy of unbuzzd(TM), a fortified oral liquid formula, being used as a treatment with healthy volunteers who are in an induced state of alcohol intoxication. According to the announcement, the trial is a key step in verifying that unbuzzd helps a person sober up faster from the effects of alcohol.…

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MondayFeb 26, 2024 1:32 pm

NetworkNewsBreaks – Reunion Gold Corporation (TSX.V: RGD) (OTCQX: RGDFF) Updated Oko West Project MRE Shows Significant Increase in Ounces, Grade

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, is reporting on an updated Mineral Resource Estimate (“MRE”) at the Kairuni zone on its wholly owned Oko West Project in Guyana. Highlights from the updated MRE show total contained gold in open pit and underground Indicated Resources increased by 72.4 % compared to the June 2023 MRE with contained gold in the Indicated category of the open pit increasing by 71.2% whie the grade increased by 11.7 %. In addition, gold grades contained in the total open pit and underground Indicated Resources increased by 11.6%…

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MondayFeb 26, 2024 12:48 pm

NetworkNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) Announces High-Grade Results at PCH IAC Project, Brazil

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) today provided results from its 2023 Diamond Drill Hole (“DDH”) #1 in the NE zone within Target IV at its PCH IAC REE project in Brazil. “The findings from the ionic clay and saprolite weathered profile on PCH-DDH-001 underscore the exceptional potential of the target zone,” said Appia President Stephen Burega. “The weathered profile along the hole extended to approximately 20 meters of true thickness yielding concentrations of 5,548 ppm or 0.55% total rare earth oxide (‘TREO’), 1,420 ppm or 0.14% magnet rare earth oxide (‘MREO’). The results confirm…

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MondayFeb 26, 2024 8:30 am

NetworkNewsBreaks – Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) Reports Results from Drug Study Showing Improved Sleep Quality, Relief of Fibromyalgia Pain

Tonix Pharmaceuticals (NASDAQ: TNXP), a fully integrated biopharmaceutical company focused on developing, licensing and commercializing therapeutics to treat and prevent human disease and alleviate suffering, is reporting positive study results for its sleep-quality targeted therapy. According to the report, the company’s product candidate Tonmya(R) reduced widespread pain in fibromyalgia reported by study participants. The company believes these results show potential for the drug to be the first in a new class of painkiller to be approved for use in fibromyalgia. Also known as TNX-102 SL, Tonmya belongs to a new class of medicines for fibromyalgia. The drug targets the characteristic…

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FridayFeb 23, 2024 2:51 pm

NetworkNewsBreaks — Upstream Offers Dual-Listing Issues Global Exposure Opportunity

Upstream, the revolutionary retail trading app for stocks and NFTs powered by Horizon Fintex and MERJ Exchange Limited, is dedicated to becoming a pivotal trading venue that reaches out to new international investors while also leveraging its media community to increase visibility around an issuer’s Upstream listing. A recent article looks at how the trading app provides a distinctive blend of services and tools designed for issuers to meet the needs of today’s investors. Specifically, the article discusses Upstream’s global exposure process, which opens doors to international shareholders for increased liquidity potential while at the same time leveraging its strong…

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FridayFeb 23, 2024 11:50 am

NetworkNewsBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR) Enters Exclusive Distributor Agreement, Receives ‘Significant’ PO

Vision Marine Technologies (NASDAQ: VMAR), an innovator in the performance electric recreational boating industry, has entered into a “groundbreaking” partnership with Nautical Ventures Marine Group. According to the announcement, partnership includes an initial purchase order (“PO”) for 50 of VMAR’s innovative rotomolded, recyclable boat, known as the Phantom. In addition, the agreement establishes an exclusive distributorship arrangement between the two companies, identifying Nautical Ventures Marine Group, a premier provider of maritime products and services, as the sole distributor of the Phantom in the growing South Florida market. The company observed that the Phantom has already established a reputation for its…

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FridayFeb 23, 2024 11:21 am

NetworkNewsBreaks — Cboe Global Markets, Inc. (Cboe: CBOE) Partners with MSCI to Leverage Expertise, Offer New Index Options and Volatility Indices

Cboe Global Markets (Cboe: CBOE), the world's leading derivatives and securities exchange network, has entered into a strategic collaborative initiative with MSCI Inc. (NYSE: MSCI). MSCI provides a critical decision support tools and services for the global investment community. The partnership is designed to expand the suite of Cboe-MSCI Index options and volatility indices and reflects a deepening relationship between the two companies, which have a longstanding tradition of working together, as they leverage their combined expertise to develop innovative solutions for investors. Specifically, Cboe will be offering three new options tied to MSCI's international, developed, emerging and U.S. markets…

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ThursdayFeb 22, 2024 3:07 pm

NetworkNewsBreaks — Rivian Automotive Inc. (NASDAQ: RIVN) Stock Drops after Q4 Financial Report Misses Mark

Rivian Automotive (NASDAQ: RIVN) saw its stock reach a record low after the company released its Q4 results, which included a production and profit forecast that missed Wall Street expectations. According to the report, the company anticipates that vehicle production for 2024 will total an estimated 57,000 units, which is significantly lower than the 80,000 units projected. In addition, the company noted that in terms of full-year profitability, it estimates an adjusted EBITDA loss of $2.7 billion vs. the $2.59 billion expected, with capital expenditure outlays hitting $1.75 billion vs. the $2.37 billion forecast. Rivian also announced plans to lay…

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