Breaks Categories: News

ThursdayAug 08, 2024 3:36 pm

NetworkNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Boston Area Dealer Plans Expansion to Meet Demand, Makes New Order

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its Boston area dealer, Eco Auto, a dedicated EV dealer, intends to expand to cover national fleet opportunities in Pennsylvania, Connecticut, Rhode Island, New Hampshire, Maine and Vermont. The expansion aims to meet the growing demand for commercial EVs and support Mullen’s full line of commercial EVs in these regions. Eco Auto’s expansion includes the purchase of 180 EVs (130 Mullen Class 1 EV cargo vans and 50 Class 3 EV trucks) over the next 18 months. The order is valued at an estimated $7.7 million, with…

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ThursdayAug 08, 2024 3:25 pm

NetworkNewsBreaks – Authentic Holdings Inc. (OTC: AHRO) Subsidiary Inks Global Licensing Agreement with Leading Provider of Smart-Home Solutions, Services

Authentic Holdings’ (OTC: AHRO), a vertically and horizontally integrated media and merchandising company, and its subsidiary, Maybacks Global Entertainment, have signed a license and partnership agreement with ZEASN Technology Private Limited. According to the announcement, the agreement provides Maybacks with “a massive footprint” to market its iDreamCTV SMART TV APP. The agreement outlines plans for Maybacks Global Entertainment to partner with ZEASN subsidiary Whale Echo, the world's leading provider of smart-home solutions and services. Whale Echo has more than 180 million users of its products worldwide. The two entities are finalizing the design of a banner ad that will appear throughout the…

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ThursdayAug 08, 2024 1:57 pm

NetworkNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) Reports on ‘Synergistic Effect’ of Lead Compound Plus GLP-1 in AD Treatment Model

Annovis Bio (NYSE: ANVS), a late-stage, clinical-drug platform company pioneering transformative therapies for neurodegenerative disorders such as Alzheimer’s disease (“AD”) and Parkinson’s disease (“PD”), is reporting new preclinical data regarding buntanetap, its lead compound. According to the report, the date demonstrates the synergistic effect of buntanetap when combined with the glucagon-like peptide 1 (“GLP-1”) agonist dulaglutide (Trulicity[R]) in a mouse model of Alzheimer’s disease. The announcement noted that the Alzheimer’s Disease Diagnostics and Therapeutics Market size is projected to reach $7.7 billion this year and grow to $10.1 billion by 2029. Major factors contributing to that growth include the increasing use…

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ThursdayAug 08, 2024 1:30 pm

NetworkNewsBreaks – Clene Inc. (NASDAQ: CLNN) CEO Spotlighted in Recent BioMedWire Podcast Episode

Clene (NASDAQ: CLNN), a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, was featured in the latest episode of the BioMedWire Podcast, which is part of a sustained effort by IBN (Investor Brand Network) to provide specialized content distribution via widespread syndication channels. During the episode, Clene CEO and president Rob Etherington talks with IBN’s Carmel Fisher about the company’s mission, including its novel approach to the treatment of diseases such as amyotrophic lateral sclerosis (“ALS”) and multiple sclerosis (“MS”). “Clene Inc. is focused entirely on improving mitochondrial health and protecting…

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ThursdayAug 08, 2024 12:21 pm

NetworkNewsBreaks – MetAlert Inc. (MLRT) Selects TEAL to Support Rollout of Its GunAlert and SmartSole Products

MetAlert (OTC: MLRT), a pioneer in the field of wearable GPS human and high value asset tracking, today announced a partnership with TEAL. According to the announcement, the partnership is a critical component for the launch of MetAlert’s GunAlert(R) as well as the global rollout of its GPS SmartSole(TM) plus. TEAL will provide its advanced connectivity solutions and secure protocol for the GunAlert platform, an all-in-one gun safety combination lock with integrated motion sensor and GPS theft recovery technology, and the award-winning GPS SmartSole(TM), a wearable medical monitoring device that is integrated into an orthotic insole allowing discreet and unobtrusive…

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ThursdayAug 08, 2024 12:13 pm

NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Releases Q2, H1 2024 Financial Results Report

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting on its second-quarter and half-year 2024 results for the period ended June 30, 2024. The report showed stronger financial results, improved liquidity and capital resource, and steady gold and silver production. The company will be hosting a conference call and webcast today to discuss the report. The call is slated to begin at 11 a.m. EDT. The call will also include time for questions and answers, with those on the call able to ask questions directly over the phone.…

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WednesdayAug 07, 2024 3:50 pm

NetworkNewsBreaks – Pineapple Financial Inc. (NYSE American: PAPL) Spotlighted in RazorPitch Article Highlighting Tremendous Growth Opportunities in Canada’s Unique Mortgage Market

Pineapple Financial (NYSE American: PAPL), a digital mortgage company focused on providing Canadian mortgage brokers with the systems, tools, and technologies they need to provide home buyers and mortgage seekers with a more digital customer experience, has been featured in a RazorPitch article. With Canada’s unique mortgage market requiring holders to refinance after every five years, Pineapple Financial offers investors the perfect way to capitalize on this opportunity. According to the article, the company’s technology is designed and geared towards Canadian mortgage brokers, a very fast-growing channel of origination.   Over 75% of half of all mortgages that Canadians are…

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WednesdayAug 07, 2024 3:39 pm

NetworkNewsBreaks – Match Group Inc. (NASDAQ: MTCH) Quarterly Earnings Report Highlights

Match Group (NASDAQ: MTCH), a leading company in the internet commerce industry, recently reported its quarterly earnings, aligning with the Zacks Consensus Estimate at $0.48 per share, mirroring its performance from the previous year. The company’s revenue for the quarter ending June 2024 was $864.07 million, slightly up from the previous year’s $829.55 million, and exceeded the Zacks Consensus Estimate by 0.92%. This achievement marks the fourth consecutive quarter where Match Group has surpassed consensus revenue estimates, showcasing its consistent performance in a competitive market. Despite these positive earnings reports, Match Group’s stock has seen a decline of about 9% since the…

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WednesdayAug 07, 2024 3:28 pm

NetworkNewsBreaks – Scorpius Holdings Inc. (NYSE American: SCPX) Releases Public Offering Pricing for Public Offering

Scorpius Holdings (NYSE American: SCPX), an integrated contract-development and manufacturing organization (CDMO), has announced the pricing of an underwritten public offering. The offering is comprised of 12,500,000 shares of common stock or prefunded warrants. Each share of common stock or prefunded warrant is offered at $1. According to the announcement, the company has estimated gross proceeds of approximately $12,500,000, before underwriting discounts and offering expenses are deducted; the proceeds will be used for working capital and general corporate expenses. The company also granted the underwriters a 45-day option to purchase up to 1,875,000 additional shares of common stock and/or prefunded…

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WednesdayAug 07, 2024 2:23 pm

NetworkNewsBreaks – SideChannel Inc. (SDCH) Releases Quarterly Report, Notes Second Consecutive Quarter of Positive Cash Flow

SideChannel (OTCQB: SDCH), a leading provider of cybersecurity services and technology to emerging and middle market companies, is reporting its financial results for the three- and nine-month period ended June 30, 2024. Highlights of the report include third-quarter revenue of $1.8 million, year-to-date revenue of $5.5 million, and third-quarter gross margin of 48.9%. The report also showed a decrease in third-quarter operating expenses. In addition, the report indicated revenue retention of 72.3% for the trailing 12 months ended June 30, 2024, with an ending cash balance of $1.1 million at quarter end. The company will be holding a conference call and…

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