Breaks Categories: News

FridayApr 19, 2024 1:39 pm

NetworkNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Addresses Proceedings Initiated by Dominion

HUB Cyber Security (NASDAQ: HUBC) (“HUB Security”), a developer of confidential computing cybersecurity solutions and services, is addressing the proceedings initiated by Dominion in the U.S. and Israel, including an application to the District Court of Tel Aviv to commence proceedings under Israeli insolvency law. “HUB considers Dominion’s action to be frivolous, entirely without merit, and an illegitimate attempt to pressure the company with respect to a commercial dispute pending in a New York court,” reads the press release. The announcement stated that HUB has filed a counterclaim in the New York court action, “alleging various misconduct by Dominion” and…

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FridayApr 19, 2024 1:34 pm

NetworkNewsBreaks – Nutriband Inc. (NASDAQ: NTRB) Enters Into Private Placement Agreements to Raise Funds for Development of AVERSA Fentanyl

Nutriband (NASDAQ: NTRB), a company engaged in the development of abuse-deterrent pharmaceutical products, has entered into definitive securities purchase agreements. The agreements are for the purchase and sale of up to 2,100,000 shares of common stock, with each share offered at $4 per share. According to the announcement, for each share of common stock purchased the investor receives a five-year warrant to purchase two shares of common stock; the exercise price for the warrants is $6.43 per share. The company anticipates using the funds from the private placement, which is expected to close on or about April 19, 2024, to…

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FridayApr 19, 2024 12:34 pm

NetworkNewsBreaks – Diamond Lake Minerals Inc. (DLMI), BOXABL Collaboration Spotlighted in Latest Proactive Interview

Diamond Lake Minerals (OTC: DLMI), a leading multi-strategy operating company specializing in developing and supporting digital assets and SEC-registered security tokens, has been featured in an interview with Proactive. DLMI CEO Brian J. Esposito joined Proactive’s Steve Darling to discuss the company’s long-term real estate vision and its collaboration with BOXABL, Inc., a modular home building company. In the interview, Esposito stated that DLMI’s announcement and partnership with BOXABL mark a pivotal moment in expanding the use cases of BOXABL technology. DLMI and BOXABL, Esposito said, aim to identify, design and develop aesthetically pleasing communities known as Boxable Villages. Esposito…

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FridayApr 19, 2024 11:57 am

NetworkNewsBreaks – Turbo Energy S.A. (NASDAQ: TURB) Reports on FY 2023 Financial, Business Results

Turbo Energy S.A. (NASDAQ: TURB), a leading energy-saving technology company leveraging artificial intelligence software, is reporting its financial numbers and business highlights for the year ended Dec. 31, 2023. Specifically, the company reported revenues of $14.54 million and a net loss of $2.23 million. Cost of revenue decreased 55%, to an estimated $13 million with selling and administrative expenses up 24% to more than $2.8 million. The company noted that key accomplishments for the year included its new SunBox Industry product line, a storage solution focused on the solar, commercial and industrial self-consumption market; an initial public offering of 1…

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FridayApr 19, 2024 11:28 am

NetworkNewsBreaks – Longeveron Inc. (NASDAQ: LGVN) Closes on Multimillion-Dollar Warrant Exercise Offering, Public Offering

Longeveron (NASDAQ: LGVN), a clinical-stage biotechnology company developing cellular therapies for life-threatening and chronic aging-related conditions such as hypoplastic left heart syndrome (“HLHS”), Alzheimer’s disease and Aging-Related Frailty, has closed on its warrant exercise offering. According to the announcement, the exercise comprised certain existing warrants to purchase 2,399,744 shares of LGVN Class A common stock; the warrants were originally issued in October 2023 and April 2024. The proceeds from the warrant exercise offering will be combined with a public offering, which closed earlier this month; together the two transactions resulted in approximately $11.4 million before the deduction of placement agent…

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ThursdayApr 18, 2024 4:25 pm

NetworkNewsBreaks – Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) Marks Important De-Risking Step Towards Development of Oko West Project

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, South America, announced that it has signed a mineral agreement with the Cooperative Republic of Guyana and the Guyana Geology and Mines Commission. According to the announcement, the agreement provides Reunion Gold and its wholly owned Guyanese subsidiary with stable fiscal and operating conditions during the life of the Oko West gold project. “I am pleased to have executed our mineral agreement with the Government of Guyana. This significant milestone marks an important de-risking step towards the development of the Oko West Project and underscores the…

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ThursdayApr 18, 2024 4:01 pm

NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Announces $2.9M Registered Direct Offering

  SuperCom Ltd. (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT and cybersecurity sectors, announced that it has entered into a securities purchase agreement with a single institutional investor to purchase approximately $2.9 million of ordinary shares (or pre-funded warrants in lieu thereof) in a registered direct offering and warrants to purchase ordinary shares in a concurrent private placement. According to the announcement, the combined effective purchase price for one ordinary share (or pre-funded warrant in lieu thereof) and a warrant to purchase one ordinary share will be $0.36. Under the terms of the securities purchase…

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ThursdayApr 18, 2024 3:34 pm

NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Appoints Leader in Innovative Agricultural Practices as New Farmer-Advisor

  FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, has provided an update on its strategic commitment to Manitoba, as the company continues to expand its network and forge new partnerships. In the update, FuelPositive announced the appointment of its new Farmer-Advisor, Chad Berry. A leader in innovative agricultural practices, Berry partners in and operates the 12,000-acre Under the Hill Farms in Glenboro, Manitoba, which is being considered for one of FuelPositive’s pilot systems to showcase the FP1500A that includes the Aqueous Green Ammonia add-on module, currently being developed by the company. He is a third-generation potato grower…

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ThursdayApr 18, 2024 3:07 pm

NetworkNewsBreaks – Proof of Talk 2024 Looks to Shape the Agenda of the Future

Proof of Talk, heralded as the Davos of Web3, is returning to Paris, France, for its second year. The event, Proof of Talk 2024, is scheduled for June 10-11, 2024, at the historic Museum of Decorative Arts in the Louvre Palace at the heart of Paris. The summit, which brings together thought leaders, Web3 visionaries, investors, CEOs, founders, exchanges, digital asset managers, and regulatory authorities, seeks to welcome more than 2,500 participants. Proof of Talk 2024 aims to deliver a unique event with a highly curated audience dedicated to shaping the future of blockchain and global policy. It features a…

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ThursdayApr 18, 2024 2:56 pm

NetworkNewsBreaks – VenHub Eyes New Heights for Its Smart Stores Through Strategic Board Appointment

Autonomous Solutions, Inc., together with its distinguished division VenHub, today announced the addition of Nader Kabbani to its board of advisors. According to the announcement, Nader brings a wealth of experience, which includes 18 years at Amazon.com and a proven track record in incubating and launching multibillion-dollar supply chain and logistics operations globally. Nader’s expertise will be “instrumental in propelling VenHub’s Smart Stores to new heights” both in the U.S. and around the world. Shahan Ohanessian, CEO of VenHub, commented on the new appointment, saying, “As we continue on this remarkable journey, having Mr. Kabbani join our board of advisors…

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