Breaks Categories: News

FridayFeb 23, 2024 11:50 am

NetworkNewsBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR) Enters Exclusive Distributor Agreement, Receives ‘Significant’ PO

Vision Marine Technologies (NASDAQ: VMAR), an innovator in the performance electric recreational boating industry, has entered into a “groundbreaking” partnership with Nautical Ventures Marine Group. According to the announcement, partnership includes an initial purchase order (“PO”) for 50 of VMAR’s innovative rotomolded, recyclable boat, known as the Phantom. In addition, the agreement establishes an exclusive distributorship arrangement between the two companies, identifying Nautical Ventures Marine Group, a premier provider of maritime products and services, as the sole distributor of the Phantom in the growing South Florida market. The company observed that the Phantom has already established a reputation for its…

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FridayFeb 23, 2024 11:21 am

NetworkNewsBreaks — Cboe Global Markets, Inc. (Cboe: CBOE) Partners with MSCI to Leverage Expertise, Offer New Index Options and Volatility Indices

Cboe Global Markets (Cboe: CBOE), the world's leading derivatives and securities exchange network, has entered into a strategic collaborative initiative with MSCI Inc. (NYSE: MSCI). MSCI provides a critical decision support tools and services for the global investment community. The partnership is designed to expand the suite of Cboe-MSCI Index options and volatility indices and reflects a deepening relationship between the two companies, which have a longstanding tradition of working together, as they leverage their combined expertise to develop innovative solutions for investors. Specifically, Cboe will be offering three new options tied to MSCI's international, developed, emerging and U.S. markets…

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ThursdayFeb 22, 2024 3:07 pm

NetworkNewsBreaks — Rivian Automotive Inc. (NASDAQ: RIVN) Stock Drops after Q4 Financial Report Misses Mark

Rivian Automotive (NASDAQ: RIVN) saw its stock reach a record low after the company released its Q4 results, which included a production and profit forecast that missed Wall Street expectations. According to the report, the company anticipates that vehicle production for 2024 will total an estimated 57,000 units, which is significantly lower than the 80,000 units projected. In addition, the company noted that in terms of full-year profitability, it estimates an adjusted EBITDA loss of $2.7 billion vs. the $2.59 billion expected, with capital expenditure outlays hitting $1.75 billion vs. the $2.37 billion forecast. Rivian also announced plans to lay…

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ThursdayFeb 22, 2024 2:14 pm

NetworkNewsBreaks — Marigold PR Announces Upcoming Radicle Femmes Event Focused on Women in Cannabis

Marigold PR, an award-winning public relations agency to the North American cannabis industry, announced that it is hosting the first-ever Radicle Femmes event. According to the announcement, Radicle Femmes is designed to be Canada’s largest networking event celebrating women in cannabis. The premiere event is slated for March 8, 2024, which is International Women’s Day; it will be held in Toronto in collaboration with several sponsors, including the Ontario Cannabis Store, the Panther Group, Sister Merci and Solei. The event is designed to highlight the achievements of women entrepreneurs, professionals and advocates in shaping the industry landscape. The agenda includes panel discussions…

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ThursdayFeb 22, 2024 1:45 pm

NetworkNewsBreaks – Correlate Energy Corp. (CIPI) Adding Partners as Companies Prioritize Clean Energy

Correlate Energy (OTCQB: CIPI) has completed one of the largest rooftop solar-power facilities in Illinois. The facility was constructed at the manufacturing plant of Continental Envelope, one of the oldest envelope manufacturers in the country. Continental Envelope is focused on going green and partnered with Correlate Energy to construct the facility, which is now fully operational, along with all engineering, permitting and interconnection work completed. According to the announcement, the new solar-powered facility will supply an estimated 20%–25% of the plant’s overall energy requirements and offset approximately 18,849 tons of carbon dioxide over the next two decades. Correlate also collaborated…

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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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