Breaks Categories: News

ThursdayFeb 22, 2024 1:20 pm

NetworkNewsBreaks – Clene Inc. (NASDAQ: CLNN) Announces Statistically Significant Results from Independent Analyses of ALS Patient Data

Clene (NASDAQ: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, today reported new, significant survival results in amyotrophic lateral sclerosis (“ALS”) patients. According to the announcement, the results are from two independent analyses of pooled data from two intermediate-size “Companionate Use” Expanded Access Programs (“EAPs”) supported by the company. The EAPs provided access to treatment with CNM-Au8(R) to 256 participants, all people living with ALS who were generally too advanced in their disease to qualify for clinical…

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ThursdayFeb 22, 2024 1:13 pm

NetworkNewsBreaks – ECGI Holdings Inc. (ECGI) Announces Initiative to Strengthen, Enhance Shareholder Value

ECGI Holdings (OTC: ECGI), a diversified holding company, has launched a new initiative to strengthen its financial structure and enhance shareholder value. According to the announcement, the company has identified and initiated the reduction of more than $600,000 in liabilities from its balance sheet, reflecting ECGI’s commitment to operational efficiency and fiscal responsibility. Part of this strategic plan involves the cancelation of the second SRAX note, resulting in a direct reduction of $450,000. The company is committed to  maintaining the momentum of this financial optimization initiative as it focuses on setting the stage for greater financial flexibility and the potential for future growth…

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ThursdayFeb 22, 2024 1:06 pm

NetworkNewsBreaks – MAISON BLOOM Announces New Owner-Partner as UFC Fighter, Entrepreneur Joins Company

MAISON BLOOM, creators of the world’s first all-natural elevated seltzer made from fully sustainable ingredients, has announced a new owner-partner. Marlon “Chito’ Vera, a well-known UFC fighter and entrepreneur, has joined the company, taking “a leap into the world of infused beverages and functional cannabinoid ready-to-drink beverages” as part of his mission to share his approach to “always-ready-living” with the world. Vera will serve as the company’s head of wellness. With Vera on board, MAISON BLOOM plans to launch the “Chito Challenge,” which will include a series of bold offerings and engagements that encourage people to live their best lives.…

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ThursdayFeb 22, 2024 12:05 pm

NetworkNewsBreaks – Bravo Multinational Inc. (BRVO) Selects IBN for Corporate Communications Expertise

Bravo (OTC: BRVO), a company actively exploring opportunities in the entertainment, hospitality and technology sectors, today announced it has selected IBN, a multifaceted financial news and publishing company for private and public entities, to assist with its corporate communications initiatives. Focused on pioneering innovative solutions in the digital content landscape, Bravo aims to provide cutting-edge and diverse content experiences to a global audience. In support of this goal, Bravo, early this month, finalized a deal to acquire Steaming TVEE Inc.’s assets, providing the company with the technology and foundation to soon offer streaming services, including video on demand (“VOD”) and…

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ThursdayFeb 22, 2024 12:01 pm

NetworkNewsBreaks – SMX (Security Matters) PLC (NASDAQ: SMX) Closes on $2.9M Public Offering

SMX (Security Matters) (NASDAQ: SMX), a company that integrates chemistry, physics and computer science to give materials memory and create a culture of transparency and trust across multiple industries, has closed on an underwritten public offering. The offering was comprised of 12,124,666 ordinary shares offered at $0.24 per share; the offering included prefunded warrants if the purchase of the shares would cause the beneficial ownership of a purchaser in the offering to exceed 4.99% of the ordinary shares. The value of the offering is an estimated $2.9 million before deducting standard underwriting discounts and offering expenses. EF Hutton LLC acted as…

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ThursdayFeb 22, 2024 11:52 am

NetworkNewsBreaks — SenesTech Inc. (NASDAQ: SNES) Reports Q4, FY 2023 Financial Results

SenesTech (NASDAQ: SNES), the rodent-fertility control experts and inventors of the only EPA-registered contraceptive for male and female rats, ContraPest(R), has released its financial results for fiscal year 2023. According to the report, year-to-date 2024 total revenue is up more than 80% compared to YTD 2023 driven by orders for the company’s proprietary Evolve(TM) soft bait. Other highlights from the report show revenue during 2023 increased 17%, reaching $1.2 million compared to $1 million in 2022; gross profit during 2023 was also up, totaling $539,000 compared to $464,000 in 2022, with gross profit margin at 45.2% in 2023 compared to 45.5% in 2022; net loss decreased in 2023, coming…

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ThursdayFeb 22, 2024 11:40 am

NetworkNewsBreaks — Longeveron Inc. (NASDAQ: LGVN) Announces Plans to Release Year-End 2023 Financial Results, Corporate Update

Longeveron (NASDAQ: LGVN), a clinical-stage biotechnology company developing regenerative medicines for unmet medical needs, has scheduled a conference call to discuss its financial results for 2023. The company announced that it will release its 2023 financial results after market close on Feb. 27, 2024, and will host a conference call at 5 p.m. ET that same day. During the call, company officials will provide an overview of the financial report as well as a corporate update. Those interested in participating on the call can dial 1-877-407-0789, then use conference ID 13744350. To view the webcast, visit https://nnw.fm/UU42i To view the…

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ThursdayFeb 22, 2024 10:15 am

NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Regains Compliance with Nasdaq Listing Rule 5550(a)(2)

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company with a custom-developed, industry-leading Fr8App freight-matching platform offering a real-time portal for B2B cross-border and domestic shipping within the USMCA region. The company previously announced its receipt, in August 2023, of written notification from the Nasdaq Stock Market LLC that it did not comply with the minimum bid price requirement for continued listing on the Nasdaq Capital Market per Listing Rule 5550(a)(2) because the closing bid price for the company's ordinary shares had fallen below $1.00 per share for 30 consecutive business days. On Feb. 20, 2024, Fr8Tech received notification that…

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WednesdayFeb 21, 2024 1:52 pm

NetworkNewsBreaks – Modular Medical Inc. (NASDAQ: MODD) Announces Pricing of $10M Public Offering

Modular Medical (NASDAQ: MODD), a development-stage insulin delivery technology company seeking to launch the next generation of easy-to-use and affordable insulin pump technology, previously announced the pricing of its underwritten public offering of 9,090,910 shares of its common stock. The offering is led by Manchester Explorer, L.P., which is managed by Jeb Besser, Modular Medical’s chief executive officer, Morgan Frank, a member of the company’s board of directors, as well as other existing institutional investors. The shares of common stock are each being sold at a price to the public of $1.10. In addition, Modular Medical granted the underwriter a…

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WednesdayFeb 21, 2024 1:35 pm

NetworkNewsBreaks – Astra Energy Inc. (ASRE) Enters MOU to Develop Lesotho-Based 100-MW Clean and Renewable Energy Park

Astra Energy (OTCQB: ASRE) today announced that through its agent Aztec Management Consultants Inc., it has executed a memorandum of understanding (“MOU”) with the Lesotho National Development Corporation. The MOU is to develop a 100-megawatt (“MW”) Clean and Renewable Energy Park (“project”) in the country of Lesotho, an enclave within South Africa. Following the same business model implemented for both the 50-MW Clean and Renewable Energy Park being developed at Kibele Landfill in Zanzibar and the 350-MW combined cycle power plant in mainland Tanzania, Astra intends to own and operate the project as an independent power producer. Combined, the three…

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