Breaks Categories: News

ThursdayFeb 15, 2024 2:51 pm

NetworkNewsBreaks — Sunshine Biopharma Inc. (NASDAQ: SBFM) Closes on $10M Public Offering

Sunshine Biopharma (NASDAQ: SBFM), a pharmaceutical company offering and researching life-saving medicines in a variety of therapeutic areas including oncology and antivirals, has closed on a firm commitment underwritten public offering. The offering is comprised of 71,428,571 units, including 26,428,571 common units and 45,000,000 prefunded units. According to the announcement, the offering is projected to result in approximately $10 million gross proceeds, before the deduction of underwriting discounts and other estimated expenses. Sunshine Biopharma also granted Aegis Capital Corp. a 45-day option to purchase additional shares of common stock, prefunded warrants and Series A warrants or Series B warrants sold…

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ThursdayFeb 15, 2024 2:15 pm

NetworkNewsBreaks – Reborn Coffee, Inc. (NASDAQ: REBN) Secures $1M in Private Placement

Reborn (NASDAQ: REBN), a California-based retailer of specialty coffee, recently announced the closing of its non-brokered $1 million private placement investment from Farooq Arjomand, its chairman. At the closing, the company issued 1,666,667 shares of its common stock for proceeds of $1,000,000 for a purchase price $0.60 per share. Reborn Coffee intends to use the proceeds for working capital and general corporate purposes. “This private equity investment by our Chairman, Farooq Arjomand, reflects his commitment to Reborn Coffee’s mission and vision for the future,” said Jay Kim, chief executive officer of Reborn. “This capital investment marks a pivotal moment for…

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ThursdayFeb 15, 2024 1:53 pm

NetworkNewsBreaks – Datasea Inc. (NASDAQ: DTSS) Collaborates to Bring Unique Platform to New Customers

Datasea (NASDAQ: DTSS) is a Nevada incorporated digital technology corporation engaged in innovative business segments for intelligent acoustics and 5G multimodal communication technology in China. The company has announced that on Feb. 2, 2024, Guozhong Times (Beijing) Technology Ltd., a subsidiary of the Chinese operating company contractually controlled by Datasea, has entered into a cooperation agreement with Hangzhou Chongda Technology Co., Ltd. (“Chongda”) to increase the sales of 5G multimodal communication services in China. “We are pleased to enter into this new collaboration as it will help to identify potential customers that need our 5G multimodal communication delivery services and…

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ThursdayFeb 15, 2024 1:32 pm

NetworkNewsBreaks – Vstock Transfer Expands IPO, Existing Public Companies Suite of Services

Vstock Transfer, a premier stock-transfer agent serving nearly 1,000 issuers, is expanding its services designed specifically for initial public offerings (I”POs”) and existing public companies. Vstock’s expanded offerings include shareholder meeting services, virtual meeting administration, proxy tabulation, document web hosting, inspector of election services, and notice and access material distribution. The new offerings reflect the company’s mission, which is to serve as a robust resource for companies and shareholders with a comprehensive suite of services designed to streamline processes, ensure compliance and foster confidence at every stage of the capital markets journey. The announcement noted the company’s introduction of a…

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ThursdayFeb 15, 2024 1:06 pm

NetworkNewsBreaks — SenesTech Inc. (NASDAQ: SNES) Enters Strategic Agreement as It Begins Expansion into Europe

SenesTech (NASDAQ: SNES), the leader in fertility control to manage animal pest populations, today announced its entry into a distribution agreement with Q-chem, a pest control product supplier in the Netherlands. SenesTech has developed and is commercializing a proprietary technology for managing animal pest populations, primarily rat populations, through fertility control. “Q-chem is a perfect partner for SenesTech as we begin our expansion into Europe, and Evolve(TM) fits into their portfolio perfectly,” said Joel Fruendt, SenesTech’s president and CEO. “They have a stated focus on new, environmentally friendly and sustainable products for pest control, and they distribute pest control products…

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ThursdayFeb 15, 2024 12:14 pm

NetworkNewsBreaks — Lucid Group Inc. (NASDAQ: LCID) Announces New Pricing, Benefits for Award-Winning Lucid Air

Lucid Group (NASDAQ: LCID), a company setting new standards for luxury electric experience with the Lucid Air, is committed to make it easier than ever to purchase the world's best electric vehicle: the Lucid Air. The company has announced pricing for the electric vehicle, with the Lucid Air Pure now priced from $69,900, the Air Touring is available from $77,900 and the Air Grand Touring from $109,900. In addition, two years of scheduled maintenance is included with every new Lucid Air purchase at no additional cost. The company is also offering a new charging allowance of $1,000 that can be put toward the purchase of…

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ThursdayFeb 15, 2024 12:06 pm

NetworkNewsBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR) Announces New Rotomolded Boat Model, Inks Exclusive Florida Distribution Deal

Vision Marine Technologies (NASDAQ: VMAR), an innovator in the performance electric recreational boating industry, has unveiled its newest offering: the Phantom. The company announced the new rotomolded, recyclable and hard-to-damage boat at the Miami International Boat Show 2024. According to the announcement, the Phantom is a breakthrough in rotomolded boat design that offers significant market advantages through its economic and environmental benefits. The company anticipates producing an estimated 300 units annually at 70% less than the production costs of fiberglass alternatives, with potential scalability to 1,500 units per year. In addition, Vision Marine announced that it has entered an exclusive…

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ThursdayFeb 15, 2024 11:49 am

NetworkNewsBreaks — Good Gaming Inc. (GMER) Announces Series of Airdrops, Upcoming Launch of Galactic Acres(TM)

Good Gaming (OTCQB: GMER), an innovative brand creating unique interactive entertainment experiences since 2008, today announced plans for a series of airdrops commencing over the next several months for Galactic Acres(TM), the company’s first in a series of Web3-enhanced mobile games, premiering on Feb. 16, 2024. Galactic Acres represents a bold leap to intersect gaming and blockchain technology that promises players unparalleled freedom and ownership by creating a vested interest environment connected to their gameplay. In the game, players step into a vibrant virtual universe where each will have the ability to cultivate customizable Galactic Acres and Microbuddies(TM) avatars. “In…

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ThursdayFeb 15, 2024 11:43 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Reports on $3.6M Registered Direct Offering

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug-delivery platforms, has entered into definitive agreements. The agreements are for the purchase and sale of 1,558,443 shares of common stock (or common stock equivalents in lieu thereof) offered at $2.31 per share (or per common stock equivalent in lieu thereof). The agreements are part of a registered direct offering priced in adherence with NASDAQ rules. In addition, the company noted that in a concurrent private placement, it will issue unregistered warrants to purchase up to 1,558,443 shares of common stock. Those shares will be offered at an exercise price of…

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ThursdayFeb 15, 2024 9:15 am

NetworkNewsBreaks – Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) Reports Positive Phase 3 Data for Its Non-Opioid Drug Candidate, Spotlighted in FN Media Group News Commentary

Tonix Pharmaceuticals Holding (NASDAQ: TNXP), a biopharmaceutical company with marketed products and a pipeline of development candidates, is announcing that people who are suffering from fibromyalgia pain but do not want to risk addiction to an opioid are closer to a new option for treatment. According to the announcement, the company announced positive Phase 3 study results for its non-opioid investigational drug candidate Tonmya or TNX-102 SL in late December. The results showed that Tonmya lowered the characteristic widespread pain in fibromyalgia, indicating that it could potentially be the first in a new class of painkillers to be approved for…

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