Breaks Categories: News

TuesdayFeb 13, 2024 3:46 pm

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Financial Report, Company Update on ‘Strongest Quarter to Date’

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting financial results for the three months ended Dec. 31, 2023; the company is also reporting a business update. Highlights of the report included the company regaining compliance with the NASDAQ minimum-bid price requirement in January; the achievement of several key milestones, including CARB and federal EPA and NHTSA certification for its Class 1 and Class 3 vehicles, as well as IRS approval as a “qualified manufacturer”; the completion of its lightweight service truck body for the All-Electric Mullen THREE; the submission of a preapplication to the U.S. Department…

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TuesdayFeb 13, 2024 3:28 pm

NetworkNewsBreaks – DealFlow’s Upcoming Conference to Showcase Innovative Products and Services in the Alternative Financing Space

DealFlow Events, host and organizer of hundreds of investment themed conferences over the past two decades, today announced the 2nd Annual Venture Debt Conference 2024. As the world’s largest forum dedicated to non-dilutive financing strategies for emerging growth companies, the event is slated to take place on March 6, 2024, at the historic Edison Ballroom in New York City. The full-day forum will focus on the growing role of venture debt and the varied forms of financing that minimize ownership dilution, offering unique networking opportunities and in-depth strategy discussions for VC-backed and emerging growth companies. Attendees will glean insights into…

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TuesdayFeb 13, 2024 3:25 pm

NetworkNewsBreaks – Nextech3D.ai (CSE: NTAR) (OTCQX: NEXCF) (FSE: 1SS) Lands $1.8M Deal, Demonstrating Scalability of Its Technology

Nextech3D.AI (CSE: NTAR) (OTCQX: NEXCF) (FSE: 1SS), a generative AI-powered 3D model supplier for major e-commerce retailers, today announced a significant $1.8 million 3D modeling contract with a major enterprise client. The deal provides significant revenue to be delivered in 2024 for the company and showcases Nextech3D.ai’s position as an industry leader for 3D modeling in the $6.3 trillion e-commerce market*. “Nextech3D.ai has been at the forefront of the massive shift from 2D static images to 3D immersive experiences, utilizing augmented reality and cutting-edge generative AI technology to create photo-realistic 4K 3D models that cater to the specific needs of…

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TuesdayFeb 13, 2024 2:39 pm

NetworkNewsBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR) Names MarineMax Executive to Board

Vision Marine Technologies (NASDAQ: VMAR), a global leader and innovator within the performance electric recreational boating industry, announced that Anthony E. Cassella Jr., executive vice president finance and chief accounting officer at MarineMax Inc. (NYSE: HZO) has been appointed to its board of directors; Cassella will serve as an independent director. According to the announcement, the appointment reflects VMAR’s leading role in marine technology innovation and underscores its commitment to strong corporate governance; the company noted that the veteran’s background and industry knowledge “will bring incredible value to the next chapter of Vision Marine's mission to become the leading provider…

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TuesdayFeb 13, 2024 2:23 pm

NetworkNewsBreaks – Optec International Inc. (OTC: OPTI) Focus of Judgment, RB Capital Provides Shareholder Update

Optec International (OTC: OPTI) is the focus of a judgment filed by California-based RB Capital Partners Inc., a private investment fund. A recent announcement noted that RB Capital was clarifying the judgment and releasing a shareholder update. According to the announcement, RB Capital observed that it was the largest investor and legitimate shareholder of OPTEC and was “forced to bring a shareholder derivative action against the company to secure our judgment, oust the failing [CEO] Roger Pawson and to try to preserve the assets of the company.” RB Capital filed the lawsuit, noting that Pawson used the company for self-dealing…

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TuesdayFeb 13, 2024 2:20 pm

NetworkNewsBreaks – Renovaro Inc. (NASDAQ: RENB) Fusing AI and Biotech to Accelerate Personalized Medicine, GEDiCube, Cyclomics Enter LOI to ‘Change the Field’

Renovaro (NASDAQ: RENB) today announced the completion of its acquisition of GEDi Cube Intl Ltd. (“GEDiCube”). Renovaro, which means renew, combines the power of the AI Health Tech platform of GEDiCube with the advanced cell and gene-therapy Biotech platform of Renovaro Biosciences to accelerate precision, personalized medicine, marking a new era in healthcare innovation. According to the announcement, the two subsidiaries will be under the parent organization, which was renamed Renovaro Inc. “We believe this combination marks a significant milestone in the journey of personalized medicine,” said Renovaro’s CEO Mark Dybul, MD. “Together, we believe that we are poised to…

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TuesdayFeb 13, 2024 2:12 pm

NetworkNewsBreaks – GEMXX Corp. (GEMZ) Announces Groundbreaking Start for January Product Deliveries

GEMXX (OTC: GEMZ), a pioneering mine-to-market gold, gemstone and jewelry producer, today announced a stellar start to the year with impressive product deliveries worth $1,051,374 at retail for the month of January. According to the announcement, January’s deliveries mark an incredible 600% increase compared to the same period last year, highlighting GEMXX's strong growth trajectory and its effective business strategies. “Our January delivery results are a testament to the hard work and dedication of the GEMXX team,” said Jay Maull, CEO of GEMXX Corporation. “Our ability to achieve such significant deliveries is a clear indication of our competitive edge in…

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TuesdayFeb 13, 2024 2:02 pm

NetworkNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Appoints Liat Halpert as Head of Business Development, Sales

Scinai Immunotherapeutics (NASDAQ: SCNI), a biopharmaceutical company focused on developing inflammation and immunology (“I&I”) biological products and providing CDMO services through its Scinai Bioservices business unit, today announced the appointment of Liat Halpert as head of business development and sales. Halpert brings extensive pharmaceutical sales and marketing experience and joins Scinai following 14 years at Novartis, most recently having served as marketing and commercial excellence lead for cell and gene therapies for Central, Southern and Eastern Europe. “I am pleased to welcome Liat to Scinai,” said Amir Reichman, Scinai’s CEO. “Her pharmaceutical sales, marketing and leadership experience, in particular in…

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TuesdayFeb 13, 2024 1:55 pm

NetworkNewsBreaks – Lelantos Holdings Inc. (OTC: LNTO) Moves Forward on Eco Management Systems Acquisition, Appoints New Board Member

Lelantos Holdings (OTC: LNTO), a company with a focus on sustainable energy, is taking the first step in its acquisition of Eco Management Systems, a full-service commercial and residential solar contractor. According to the announcement, Lelantos executed a memorandum of understanding with Eco to acquire 50% of the company and is now finalizing formal binding agreements. Lelantos reports that acquiring Eco will allow the company to expand its operations as well as add a residential solar program to its offerings. The company is planning on finalizing the acquisition after the successful completion of key milestones that have been identified. Eco…

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TuesdayFeb 13, 2024 1:40 pm

NetworkNewsBreaks – ROTH MKM Provides D-Wave Quantum Inc. (NYSE: QBTS) Analyst Day Takeaways, Reiterates Buy Rating

ROTH MKM attended D-Wave Quantum Inc.’s (“D-Wave” or “QBTS”) annual analyst day recently held at the company’s research & development headquarters. Suji Desilva, CFA, Managing Director and Senior Research Analyst at ROTH MKM, published an update as part of the investment bank’s ongoing equity research coverage to provide investors with a summary of the visit. Excerpts of the report include the following: “We believe QBTS leads the industry with 70 commercial customers and has significant pipeline visibility with its 25+ proof-of-concepts underway.” “We were encouraged by multiple QBTS customer presentations that highlight deep and impactful adoption of quantum annealing (QA).”…

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