Breaks Categories: News

FridayJan 05, 2024 1:15 pm

NetworkNewsBreaks – 5AM Global Names Honorees for Upcoming Interstellar Soiree

The visionaries behind the BREATHE! series, a leader in innovative event experiences, announced distinguished honorees for the upcoming Interstellar Soiree, slated to take place on Jan. 10, 2024 at Worre Studios. The premier event, set to illuminate the night sky, showcases trailblazers and innovators who have significantly contributed to their respective fields. Interstellar Soiree honorees for 2024 include Pavan Agarwal, founder of Angel Ai and Celligence International LLC, recognized for his transformative contributions in AI innovation tech for cities, as well as Dr. Ben Goertzel, CEO and founder of SingularityNET, who is set to accept the “AGI Pioneer” award for…

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FridayJan 05, 2024 1:11 pm

NetworkNewsBreaks – Linkage Global Inc. (NASDAQ: LGCB) Closes $6M IPO

Linkage Global (NASDAQ: LGCB), a cross-border e-commerce integrated service company headquartered in Japan, recently announced the closing of its initial public offering of 1,500,000 ordinary shares, each at a public offering price of $4.00, for total gross proceeds of $6,000,000. In addition, the company granted the underwriters an option, exercisable within 45 days from the closing date of the offering, to purchase up to an additional 225,000 ordinary shares at the public offering price, less underwriting discounts and commissions, to cover the over-allotment option, if any. The ordinary shares began trading on the Nasdaq Capital Market under the ticker symbol…

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FridayJan 05, 2024 12:49 pm

NetworkNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Recaps Successful Year, Eyes Robust 2024 Development Plans

Prospera (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) has announced that 2023 was a highly successful year for the restructured company. Among the highlights, PEI reportedly drilled, completed and tied-in nine horizontal wells in heavy oil reservoir with initial production rates exceeding expectations at 100+bpd per well. The ninth well was rig released on Dec. 24 and was brought online on Dec. 28. Prospera also drilled a directional well accessing medium-light oil flowing at 500+ Bpd. The company attained gross peak rates of 1,800 boepd prior to year-end, excluding the production of the recently drilled and completed horizontals, and the shut-in…

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FridayJan 05, 2024 11:04 am

NetworkNewsBreaks — DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Announces Participation in Upcoming iAccess Alpha Virtual MicroCap Conference

DoubleDown Interactive (NASDAQ: DDI), a leading developer and publisher of digital games on mobile and web-based platforms, will be represented at next week’s iAccess Alpha Virtual MicroCap Conference. The two-day, online event will be held Jan. 9–10, 2024. According to the announcement, DoubleDown Interactive CFO Joe Sigrist will attend the conference and is also scheduled to present. His presentation will begin at 2:30 p.m. ET on Jan. 9. In addition, Sigrist will be available for one-on-one meetings with institutional investors throughout the event. A replay of the webcast will be available on the company’s website. To view the live presentation,…

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ThursdayJan 04, 2024 2:57 pm

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Invoices $12M-Plus for Class 1, Class 3 EVs in 2023

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting on the status of its Class 1 and Class 3 vehicles for 2023. According to the announcement, the company delivered 100 Class 1 and 141 Class 3 vehicles by year end, for a total invoiced amount of $12,559,520. Mullen also anticipates delivering an additional 185 Class 1 vehicles by Jan. 8, 2024. The vehicles were delivered to the Randy Marion Automotive Group as part of a vehicle purchase order calling for 6,000 Class 1 vehicles and 1,000 Class 3 vehicles in total; invoicing for the vehicles will total…

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ThursdayJan 04, 2024 2:23 pm

NetworkNewsBreaks – Lexaria Bioscience Corp.’s (NASDAQ: LEXX) DehydraTECH(TM) Shown to Improve Oral Performance of Rybelsus(R)-Branded GLP-1 Drug Semaglutide

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced positive final results from its recently completed human Pilot Study #1 evaluating DehydraTECH(TM) technology for the oral delivery of the glucagon-like peptide-1 (“GLP-1”) drug semaglutide available commercially in the branded product Rybelsus(R). According to the announcement, the study was performed by a prominent university research center comparing a single 7 mg semaglutide dose of a Rybelsus tablet (“control”) to a matching dose from Rybelsus that had been compound formulated in capsule form using DehydraTECH processing technology enhancements (“DehydraTECH GLP-1”). In general, the DehydraTECH processing enabled improvements…

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ThursdayJan 04, 2024 2:17 pm

NetworkNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) CEO Releases Shareholder Letter

Scinai Immunotherapeutics (NASDAQ: SCNI), a biopharmaceutical company focused on development of inflammation and immunology (“I&I”) biological products, has released a letter from its CEO, Amir Reichman. In the letter, Reichman summarizes the company’s 2023 accomplishments and looks forward to 2024. According to the letter, company highlights for the year include a recently completed ex-vivo study that indicates the potential of SCNI’s anti-IL-17 VHH antibody (“NanoAb”) to effectively and conveniently treat mild to moderate plaque psoriasis; the launch of Scinai Bioservices, the company’s boutique, end-to-end CDMO (“CDMO”) business unit, which will focus on assisting biotech companies to bring their products to market; capital infusions that…

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ThursdayJan 04, 2024 2:05 pm

NetworkNewsBreaks — Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ: SKRE) Announces 2x Inverse Regional Bank ETF, Begins Trading

Tuttle Capital Daily 2x Inverse Regional Bank ETF (NASDAQ: SKRE) commences trading on the NASDAQ Exchange, starting today. According to the announcement, the fund is designed to use swaps to gain inverse daily two-times exposure to the SPDR S&P Regional Banking ETF. “This year saw a number of regional banks go under,” said Tuttle Capital CEO Matthew Tuttle in the press release. “These guys are not too big to fail, when they start to have problems, things can spiral quickly, and nobody is going to bail them out. . . . .This product is in line with our goal of…

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ThursdayJan 04, 2024 12:25 pm

NetworkNewsBreaks – Profound Medical Corp. (TSX: PRN) (NASDAQ: PROF) Announces Pricing of US$20M Public Offering

Profound Medical (TSX: PRN) (NASDAQ: PROF) recently announced the pricing of its underwritten public offering of 2,666,667 common shares, each at a price to the public of US$7.50, led by health care-focused institutional investors. Of approximately US$20,000,000 in gross proceeds from the offering, the company intends to use net proceeds to fund the continued commercialization of the TULSA-PRO(R) system in the United States, to fund the continued development and commercialization of the TULSA-PRO system and the Sonalleve(R) system globally, as well as for working capital and general corporate purposes. Titan Partners Group, a division of American Capital Partners, is acting as…

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ThursdayJan 04, 2024 12:14 pm

NetworkNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Announces Acquisition of Louisiana Facility for Future REE Processing Plant

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a leading developer of rare earth element (“REE”) processing technology, has acquired an 80,800-square-foot brownfield facility in Alexandria, Louisiana. The company plans to use the structure, which is located on a 10-plus acre industrial parcel, for the development of its first commercial rare earth element (“REE”) processing facility. According to the announcement, Ucore has entered into a multidecade lease for the property with the England Economic and Industrial Development District (“EEIDD”). The facility is situated at the England Airpark, which is a former Air Force base dedicated to generating economic development in central Louisiana. Ucore…

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