Breaks Categories: News

FridayDec 29, 2023 3:28 pm

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Supports Near-Term Quantum Application Development Highlighted in Recently Signed NDAA

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers, commends the U.S. government’s policy makers for including a quantum pilot program focused on near-term quantum computing applications in the National Defense Authorization Act (“NDAA”). The act was passed by Congress and signed into law by President Biden on December 22, 2023, establishing a program focused on near-term applications development to solve problems facing the Department of Defense (“DOD”) including the Armed Forces. “We applaud Congress and the Administration for taking this critical step to accelerate the use of…

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FridayDec 29, 2023 2:39 pm

NetworkNewsBreaks — Upstream Experiences Key Achievements in Pivotal Year as App ‘Propels’ Itself Forward into Future of Trading

Upstream, the revolutionary retail trading app for stocks and NFTs powered by Horizon Fintex and MERJ Exchange Limited, has experienced a pivotal year. A recent article provided an overview of the app’s biggest milestones for the company, which was launched this year. Key achievements throughout the year included the initiation of its dual-listing program, the evolution of a strategic media community, and the transition to digital collectibles aligning with its NFT methodology as well as the introduction of novel app features and the incorporation of educational resources. Upstream was born in 2023, and according to the article, is the first…

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FridayDec 29, 2023 2:04 pm

NetworkNewsBreaks — Community Redevelopment Inc. (CRDV) Announces Investment Veteran as New President

Community Redevelopment (OTC: CRDV), a significant player in the D.C. metro real estate market, has appointed a new company president. Phil Sands, a seasoned veteran in the investment community, was named the new president and a member of the company’s executive management team. In his new role, Sands will focus on oversight of the company's investment agenda to secure needed capital for continued and stable growth and will work with CEO Richard Balles to comanage the company’s strategic direction and represent CRDV’s corporate interests with key regulatory entities. Sands has gained impressive leadership experience in both the public and private…

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FridayDec 29, 2023 12:09 pm

NetworkNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Enters Agreement for Million-Dollar Exercise of Outstanding Warrants

Scinai Immunotherapeutics (NASDAQ: SCNI), a biopharmaceutical company focused on developing, manufacturing and commercializing innovative inflammation and immunology (“I&I”) biological products and provision of boutique CDMO (“CDMO”) services, has entered a definitive agreement for the immediate exercise of outstanding warrants. The agreement outlines the purchase of up to 2,606,552 American Depositary Shares (“ADSs”), with each ADS representing 400 ordinary shares. According to the announcement, exercise prices for the ADSs range from $1.16 to $5 per ADS and terms range from three years to five and one-half years. The company anticipates closing on the offering, which will be subject to customary conditions, about Jan. 3, 2024. Gross…

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FridayDec 29, 2023 11:57 am

NetworkNewsBreaks — Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Releases Shareholder Letter Reviewing Year

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, has released an end-of-year letter for its shareholders. Signed by company president Stephen Burega, the letter reviewed the year’s successes and achievements for the company. Highlights of the letter included the company’s expansion into Brazil through an earn-in agreement to acquire up to 70% interest in the PCH Ionic Adsorption Clay project in Goiás State; the hiring of of SGS Geological Services, led by Marc-Antoine Leporte, to prepare a Mineral Resource Estimate (“MRE”) on its high-grade Ionic…

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ThursdayDec 28, 2023 12:45 pm

NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Investors Convert $3.55M Debt to Equity

Freight Technologies (NASDAQ: FRGT), a technology company that offers the proprietary Fr8App platform, announced that its investors have converted millions of dollars of convertible debt to equity. According to the announcement, investors converted approximately $3.55 million in convertible notes into equity in the form of preferred shares. Fr8App is an industry-leading, freight-matching platform powered by artificial intelligence (“AI”) and machine-learning that offers a real-time portal for business-to-business (“B2B”) cross-border shipping and domestic shipping within the United States-Mexico-Canada Agreement (“USMCA”) region. “The conversion is very positive news for the company,” said Freight Technologies CEO Javier Selgas in the press release. “The amount…

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ThursdayDec 28, 2023 12:05 pm

NetworkNewsBreaks — Electronic Servitor Publication Network Inc. (XESP) Completes Pointward Inc. Merger, Adds to ‘Formidable’ Portfolio

Electronic Servitor Publication Network (OTCQB: XESP), a digital engagement company, has finalized its merger with Pointward Inc., a Delaware intellectual property holding company, for its channel-activation and customer-engagement assets. The company announced that the merger includes Pointward’s intellectual property, which consists of proven models, methods, protocols, tools and technologies designed to identify audience segments and engage each segment with customized content to create relevant, one-to-one digital relationship pathways. According to the announcement, the company plans to leverage Pointward’s IP portfolio to enhance its managed service product and to gain the capability and expertise to serve both highly regulated and unregulated markets.…

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ThursdayDec 28, 2023 11:55 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Delivers 50 Class 1 EV Cargo Vans to Randy Marion Automotive Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced delivery of 50 all-electric Mullen ONE, Class 1 cargo vans to Randy Marion Automotive Group (“RMA” or “Randy Marion”) with the company invoicing RMA for $1,680,000. Mullen anticipates shipping and invoicing a total of 285 Mullen ONE cargo vans within the next five business days to RMA. “With the advance of last-mile delivery and the growth of in-home services, the Mullen ONE EV cargo van is in strong demand,” said Brad Sigmon, fleet vice president at Randy Marion Automotive. “The Mullen ONE is an extremely versatile offering and…

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ThursdayDec 28, 2023 10:43 am

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Astron Corp. Enter MOU to Develop Australia-Based REE and Mineral Sands Project

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements (“REE”) and vanadium, has entered into a nonbinding Memorandum of Understanding (“MOU”) with Astron Corporation Limited to jointly develop the Donald Rare Earth and Mineral Sands Project in Victoria, Australia. According to the MOU, Energy Fuels has exclusive rights through March 1, 2024, to conduct due diligence on the project and negotiate definitive and binding agreements regarding the joint venture. The agreement outlines plans for Energy Fuels to invest approximately $122 million to earn a 49% interest in the venture and to issue $17.5…

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WednesdayDec 27, 2023 3:09 pm

NetworkNewsBreaks – Zevra Therapeutics Inc. (NASDAQ: ZVRA) Resubmits Arimoclomol New Drug Application to the FDA

Zevra Therapeutics (NASDAQ: ZVRA) a rare disease therapeutics company, today announced it resubmitted its New Drug Application (“NDA”) for arimoclomol, an investigational therapeutic candidate for the treatment of Niemann-Pick disease type C (“NPC”) to the U.S. Food and Drug Administration (“FDA”) on Dec. 22, 2023. Based on standard NDA resubmission review timelines, the company anticipates an acknowledgment letter from the FDA that the resubmission is complete and setting the PDUFA date within 30 days. Zevra expects the NDA to be classified as Class II, which would be subject to a review period by the FDA within six months from the…

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