Breaks Categories: News

WednesdayMar 20, 2024 12:32 pm

NetworkNewsBreaks — Longeveron Inc. (NASDAQ: LGVN) Board Approves 1-for-10 Reverse Stock Split

Longeveron (NASDAQ: LGVN), a clinical-stage biotechnology company developing regenerative medicines for unmet medical needs, has announced a 1-for-10 reverse split of the company’s Class A common stock. The move was approved by the company’s board of directors during a special stockholder meeting. According to the announcement, the reverse split will become effective at 11:59 p.m. ET on March 26, 2024. Following that, the company’s Class A common stock will begin trading on the NASDAQ Capital Market on a split-adjusted basis. “The reverse split is intended to increase the per share trading price of the company’s common stock to enable the…

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TuesdayMar 19, 2024 1:58 pm

NetworkNewsBreaks — C3is Inc. (NASDAQ: CISS) Releases Pricing on Estimated $6M Underwritten Public Offering

C3is (NASDAQ: CISS), a ship-owning company providing dry-bulk and crude oil tanker seaborne transportation services, announced pricing of its firm commitment underwritten public offering. The offering is estimated at $6 million before standard deductions and expenses. According to the announcement, the offering is comprised of  120,000,000 common units or prefunded units, each consisting of one share of common stock, one-half of a Class C-1 warrant to purchase one common share and one Class C-2 warrant to purchase one common share. The common units will be priced at $0.05, and the purchase price of each prefunded unit is $0.04. The company…

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TuesdayMar 19, 2024 1:54 pm

NetworkNewsBreaks – Graphjet Technology (NASDAQ: GTI) Commences Trading on the Nasdaq

Graphjet (NASDAQ: GTI), a leading developer of patented technologies to produce graphite and graphene directly from agricultural waste, and Energem Corp. (NASDAQ: ENCP, ENCPW) recently closed their previously announced business combination. The transaction, which was approved by Energem stockholders on Feb. 28, 2024, creates the only pure-play publicly traded direct biomass-to-graphite company, establishing Graphjet as the leading source of graphite and graphene for the U.S. market. On March 15, 2024, Graphjet’s ordinary shares began trading on the Nasdaq under the ticker symbol GTI. “We are thrilled to list Graphjet on the Nasdaq, particularly at this crucial moment of critical material…

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TuesdayMar 19, 2024 1:47 pm

NetworkNewsBreaks – Essential Portfolio Picks Showcased in Best Stocks Article

Best Stocks recently published an article titled “Essential Picks: 3 Stocks You Can’t Afford to Ignore.” The piece, written by Roberto Liccardo, discusses a profound transformation of the stock market landscape, where traditional performance metrics are overshadowed by the influence of artificial intelligence (“AI”). “The success stories of companies like Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), Meta (NASDAQ: META), and AMD (NASDAQ: AMD) underscore AI’s pivotal role in driving stock prices to unprecedented heights. Conversely, companies that neglect to prioritize AI, such as Apple (NASDAQ: AAPL) in its recent pivot towards AI initiatives, risk falling behind in the ever-evolving market…

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TuesdayMar 19, 2024 12:38 pm

NetworkNewsBreaks – HealthLynked Corp. (HLYK) Welcomes Seasoned Tech, Product-Development Veteran as New CTO

HealthLynked (OTCQB: HLYK), a leader in healthcare technology innovation, announced that Chris Hall will the company’s new chief technology officer (CTO). Hall has gained invaluable expertise in technology and product development throughout his career; specifically, he has been involved in the launch of more than 100 products, has been responsible for more than a dozen patents and has managed global diverse teams. He comes to HealthLynked from Battelle, where he served as a senior product portfolio manager, and from HF Scientific, where he served as manager of new product development. Prior to that, he spent almost 20 years with Siemens…

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TuesdayMar 19, 2024 12:30 pm

NetworkNewsBreaks – Genprex Inc. (NASDAQ: GNPX) Announces $6.5M Registered Direct Offering

Genprex (NASDAQ: GNPX) is a clinical-stage gene therapy company focused on developing life-changing therapies for patients with cancer and diabetes. The company today announced its entry into definitive agreements for the sale and issuance of 1,542,112 shares of its common stock (or prefunded warrants in lieu thereof) and warrants to purchase up to 1,542,112 shares of common stock at a combined offering price of $4.215 per share of common stock (or per prefunded warrant in lieu thereof) and accompanying warrant, in a registered direct offering priced at-the-market under the Nasdaq rules. The warrants have an exercise price of $4.09 per…

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TuesdayMar 19, 2024 12:09 pm

NetworkNewsBreaks – Clene Inc.’s (NASDAQ: CLNN) Work in Nanotechnology Highlighted in ‘First in Human’ Podcast

Clene (NASDAQ: CLNN), a late clinical-stage biopharmaceutical company, was featured in a recent episode of First in Human, a biotech-focused podcast featuring interviews with industry leaders and investors to learn about their journeys to in-human clinical trials. Hosted by Vial EVP Rich McCormick, the podcast is available for on-demand listening on First in Human by Vial. Rob Etherington, president, director and CEO of Clene joined the program to highlight information about the company’s work in the field of nanotechnology. “For decades…the idea of a therapeutic elemental metal having some medicinal efficacy has been well understood. We at Clene had the…

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TuesdayMar 19, 2024 11:50 am

NetworkNewsBreaks – SUIC Worldwide Holdings Ltd. (OTC: SUIC) Announces I.Hart Group Will Host Upcoming Event, Receives Role Model Status

SUIC Worldwide Holdings Ltd. (OTC: SUIC), a publicly traded technology company, announced that the Taiwan government has acknowledged its I.Hart Group as an exclusive catering group to host top franchise groups from 18 countries; the I.Hart Group has also been awarded the Role Model status, which reflects its excellence and innovation to global clients and partners. The company noted that the distinction will “advance I.Hart Group's joint ventures that will bring together world-class business leaders” and further its initiatives in the U.S. and in global markets. During the upcoming event, I.Hart will be presenting its award-winning central kitchen, restaurant and…

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MondayMar 18, 2024 2:03 pm

NetworkNewsBreaks — Solidion Technology Inc. (NASDAQ: STI) Reports on $3.85M Securities Purchase Agreement

Solidion Technology (NASDAQ: STI), an advanced battery-technology solutions provider, announced that it has entered a securities purchase agreement with institutional investors. The agreement is designed to raise approximately $3.85 million in cash proceeds, before deducting fees and other offering expenses. According to the announcement, the closing of the private placement is subject customary closing conditions. In addition, and in connection with the private placement, Solidion expects to issue 5,133,332 units and prefunded units. EF Hutton is acting as exclusive placement agent for the offering. Benesch Friedlander Coplan & Aronoff LLP and Loeb & Loeb LLP are serving as counsel to…

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MondayMar 18, 2024 11:52 am

NetworkNewsBreaks — D-Wave Quantum Inc. (NYSE: QBTS) Schedules Q4, FY 2023 Earnings Call

D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, plans to release its financial results for the fourth quarter and fiscal year 2023 for the period ended Dec. 31, 2023 before market open on March 28, 2024. In addition, the company has scheduled a conference call that same day to discuss the financial report along with the company outlook; the call is scheduled to begin at 8 a.m. ET. D-Wave CEO Dr. Alan Baratz and CFO John Markovich will host the call. Those wanting to access the…

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