Breaks Categories: News

TuesdayJul 16, 2024 3:15 pm

NetworkNewsBreaks – U.S. Government and Social Media Giants Tackle Synthetic Drug Distribution

The United States government’s recent memorandum with major social media companies, including Meta Platforms (NASDAQ: META), X and Snap (NYSE: SNAP), marks a significant step in the fight against the distribution of synthetic drugs online. Snap, known for its Snapchat application, is at the forefront of this initiative, showcasing its commitment to corporate responsibility. This collaboration aims to leverage the extensive reach and influence of these platforms to address a critical public health concern. Snap, alongside its peers Meta and X, plays a pivotal role in the digital ecosystem, with millions of users engaging on their platforms daily. The agreement to curb…

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TuesdayJul 16, 2024 2:57 pm

NetworkNewsBreaks – Bluejay Diagnostics Inc. (NASDAQ: BJDX) Closes $8.75M Underwritten Public Offering

Bluejay (NASDAQ: BJDX), a medical technology company developing rapid diagnostics on its Symphony platform to improve patient outcomes in critical care settings, recently announced the closing of a firm commitment underwritten public offering. Expected gross proceeds to the company were approximately $8.75 million. The base offering consisted of 5,368,098 common units or prefunded units, each unit consisting of one share of the company’s common stock or one pre-funded warrant to purchase one share of common Stock, two Class C warrants each to purchase one share of common stock and one Class D warrant to purchase such number of shares of…

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TuesdayJul 16, 2024 2:39 pm

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Exec to Present at Upcoming Virtual Investor Closing Bell Series

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, will be featured in tomorrow’s Virtual Investor Closing Bell Series. According to the announcement, CNS Pharmaceuticals CEO John Climaco will be presenting via a live video webcast at 4 p.m. on July 17. The presentation will include a corporate overview and will also feature a live question-and-answer period. A replay of the webcast will be available following the live presentation and will be accessible for 90 days. To view the presentation, visit https://nnw.fm/7TeMd To…

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TuesdayJul 16, 2024 1:53 pm

NetworkNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Issues Update on SASB Program

Trillion Energy (CSE: TCF) (OTCQB: TRLEF), a company focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye, today provided an operational update for the SASB gas field well intervention program. “The fantastic response of South Akcakoca-2 once the water was lift off the perforations indicates that the reservoirs will produce the gas they contain once the water loading is removed,” said Arthur Halleran, CEO of Trillion. “The wells are going to be perforated and monitored during clean up to evaluate the reservoirs response. The next phase of this project is to install…

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TuesdayJul 16, 2024 1:28 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Makes Management Announcement, Plans for Strategic Growth

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug-delivery platforms, is preparing for growth by executing a strategic growth plan. A key element of the plan includes expanding the company’s management team to enable efficient handling of a greater workload of projects and initiatives. With that in mind, the company has named Nelson Cabatuan as consulting chief strategic financial advisor; Cabatuan is currently serving as Lexaria CFO. In his new role, Cabatuan will leverage his skills in corporate finance and strategic industry relationships to focus on strategic opportunities. In addition, Lexaria is working on other research and development projects…

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TuesdayJul 16, 2024 1:07 pm

NetworkNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Updates to 2025 Lucid Air Pure, Other Models Symbolize ‘Relentless Approach’ to Optimization

Lucid Group (NASDAQ: LCID), maker of the world's most-advanced electric vehicles, is reporting updates for its 2025 model year. According to the announcement, the updates “further raise the bar, enabling a landmark five miles per kilowatt hour of energy and record 146 MPGe EPA rating for the Air Pure.” The company also noted that the heat pump, which was initially featured on the Lucid Sapphire, will be standard across the lineup, resulting in improved real-world range; LCID models will also feature a powerful new infotainment processor designed to provide improved user experience. With these updates, the 2025 Lucid Air Pure…

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TuesdayJul 16, 2024 1:05 pm

NetworkNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) Secures FDA Approval for New Form of Buntanetap

Annovis Bio (NYSE: ANVS), a late-stage clinical drug platform company pioneering transformative therapies for neurodegenerative disorders such as Alzheimer’s (“AD”) and Parkinson’s disease (“PD”), today announced receipt of approval from the U.S. Food and Drug Administration (“FDA”) to transition to a new solid form of buntanetap in future clinical trials. “In June 2024, Annovis announced the filing of a composition of matter patent for the new crystal form of buntanetap and a provisional patent for the manufacturing process of this new form,” the announcement reads. “The company conducted comprehensive bridge studies in various solvents and in animals, comparing the old…

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TuesdayJul 16, 2024 12:37 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Announces Key Management Appointments

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, and its subsidiary, Bollinger Motors, have announced changes in Bollinger management. According to the announcement, former General Motors (“GM”) executive James Taylor has been appointed CEO, replacing company founder Robert Bollinger; Bollinger, a major shareholder, will remain on the company’s board of directors. Bryan Chambers was also named president and chief operating officer with Siva Kumar appointed chief strategy officer and senior vice president of finance. Taylor has been working with Bollinger on development of the company’s all-electric Bollinger B4 Class 4 Chassis Cab. He has more than three decades of…

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MondayJul 15, 2024 3:06 pm

NetworkNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Stock Surges Following Assassination Attempt on Founder

Trump Media & Technology Group (NASDAQ: DJT) experienced a significant surge in its shares, climbing over 33% in early trading on a Monday. This dramatic increase was triggered by an assassination attempt on the company’s founder, former President Donald Trump, during a rally in Pennsylvania. Trump, utilizing his platform Truth Social, recounted the harrowing experience, which led to a brief hospitalization. Despite the severity of the incident, Trump was released the same night, with his doctor calling his survival a “miracle.” Following this event, DJT’s stock opened at an impressive 49% higher than the previous session’s close, eventually stabilizing around $40.98…

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MondayJul 15, 2024 1:27 pm

NetworkNewsBreaks – Volcon Inc. (NASDAQ: VLCN) Closes $12M Registered Direct

Volcon (NASDAQ: VLCN), an all-electric power sports company producing high-quality and sustainable electric vehicles for the outdoor community, recently closed a registered direct offering. The company secured aggregate gross proceeds of approximately $12 million in the transaction that closed on July 12, 2024. Aegis Capital Corp. acted as the exclusive placement agent for the offering. To view the full press release, visit https://nnw.fm/CcBPO About Volcon Inc. Based in the Austin, Texas area, Volcon was founded as the first all-electric power sports company producing high-quality and sustainable electric vehicles for the outdoor community. Volcon electric vehicles are the future of off-roading,…

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