Breaks Categories: News

ThursdayAug 17, 2023 2:13 pm

NetworkNewsBreaks – SRM Entertainment Inc. (NASDAQ: SRM) Closes on $6.25M Initial Public Offering

SRM Entertainment (NASDAQ: SRM), a company that designs, develops and manufactures custom toys and souvenirs for the world's largest theme parks and entertainment venues, has closed on its initial public offering. The offering was comprised of 1,250,000 shares of its common stock that were offered to the public at an initial price of $5 per share. According to the announcement, SRM shares began trading on the NASDAQ Capital Market on Aug. 15, 2023. The offering resulting in gross proceeds of $6.25 million, before standard underwriting discounts and commissions and other related expenses are deducted. The announcement also noted that the…

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ThursdayAug 17, 2023 2:01 pm

NetworkNewsBreaks – Data443 Risk Mitigation Inc. (ATDS) Announces Q2, FH 2023 Results, Issues Corporate Update

Data443 (OTC: ATDS), a data security and privacy software company for “All Things Data Security,” today announced operating results for the second quarter and first half of 2023. Among the highlights, the company reported that it was identified as a sample vendor in the “Data Discovery” category in the 2023 Data Security, Privacy, and Storage and Data Protection Technologies Gartner(R) Hype Cycle(TM) Reports, and that its Ransomware Recovery Manager was named “Best of Inexpensive Protection” and “Best for Kiosks” in “The Best Ransomware Protection for 2023.” “We continue to win new contracts and deepen our relationships with existing clients, including…

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ThursdayAug 17, 2023 1:38 pm

NetworkNewsBreaks – Renovaro BioSciences Inc. (NASDAQ: RENB) Announces Presentation of ‘Impressive’ Results from Proof-of-Concept Studies

Renovaro BioSciences (NASDAQ: RENB), (formerly NASDAQ: ENOB), in March of 2023 announced that Dr. Anahid Jewett, a renowned cancer researcher in the field of immunotherapy for cancer, presented proof-of-concept data from two sets of humanized mouse studies conducted independently by her laboratory at the University of California, Los Angeles (“UCLA”). According to the announcement, the experiments demonstrated highly significant reductions in the weight and volume of pancreatic tumors following therapy with the company’s proprietary technology combining cell-, gene- and immunotherapy. The results correlated with strong immune responses, indicating proof-of-concept of the way the technology was intended to act. “I have…

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ThursdayAug 17, 2023 1:23 pm

NetworkNewsBreaks – RVL Pharmaceuticals plc (NASDAQ: RVLP) Spotlighted in New Cantor Fitzgerald Research Brief

RVL Pharmaceuticals (NASDAQ: RVLP), a specialty pharmaceutical company focused on the commercialization of UPNEEQ(R) (oxymetazoline hydrochloride ophthalmic solution) (“UPNEEQ”), 0.1%, for the treatment of acquired blepharoptosis, or low-lying eyelid, in adults, is featured in a recent Cantor Fitzgerald research brief. Noting that the stock “looks even more interesting post solid quarter and ahead of potential strategic acquisition,” the research brief reiterated its previous Overweight (“OW”) rating and 12-month price target of $6 for RVL Pharmaceutical shares, stating that RVLP’s commercial opportunities continue to be underappreciated and that upward earnings estimate revisions should drive the stock higher. The brief noted that…

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ThursdayAug 17, 2023 1:15 pm

NetworkNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Issues 100K Shares to Fulfill Mineral Property Option Agreement

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has issued 100,000 common shares to fulfill its obligations to date outlined in a mineral property option agreement. According to the announcement, the issue of shares is in connection with the Sept. 1, 2021, agreement, which is between the company and Alex Pleson and which gives Reflex Advanced Materials the sole and exclusive right to acquire up to a 100% interest in the Zigzag lithium property. The ZigZag lithium property includes eight mining claims comprising an estimated 2,710 hectares near Crescent Lake, Ontario, a region known for…

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ThursdayAug 17, 2023 1:05 pm

NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Announces ‘Milestone’ Multimillion-Dollar Electronic Monitoring Contract

SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, Internet of Things (“IoT”) and cybersecurity sectors, has secured a new contract to provide alcohol monitoring technologies and services in California. The contract, which is for an initial three-year term and is valued at up to $3 million, was secured through SPCB’s wholly owned subsidiary Leaders in Community Alternatives (“LCA”). Noting that the contract further solidifies the company's strong position in the electronic monitoring industry, SuperCom called the contract win another milestone for the company’s expansion into the U.S. market. According to the announcement, the contract is already…

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ThursdayAug 17, 2023 12:56 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Commencement of Stock Buyback Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the start of the company’s $25 million stock buyback program with the repurchase of 3.7 million shares of common stock for an aggregate of $3,626,000. The buyback program started on Aug. 16, 2023, and can continue through Dec. 31, 2023. Mullen’s chairman and CEO David Michery also purchased 102,040 shares in the open market on Aug. 16, 2023, at a price of $0.9842 per share. The company is committed to taking all available measures to regain compliance with the NASDAQ minimum $1.00 bid price requirement. “We believe that…

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WednesdayAug 16, 2023 4:03 pm

NetworkNewsBreaks – BREATHE! Convention to Connect Growing Web3, Blockchain and AI Landscape

BREATHE! Convention (“BREATHE!”), produced by 5AM Global, the world-renowned producer of experiences, live and digital, B2B events and B2C engagements, is set to take place Sept. 13-15 at The Expo @ World Market Center Las Vegas. The event is designed to connect the growing Web3, blockchain and AI landscape by fostering deep networking opportunities between enthusiastic beginners, members of niche communities and key business decision-makers across a variety of industries. In a historic first, BREATHE! is the only emerging tech convention approved by The Expo @ World Market Center Las Vegas to heavily focus on mass adoption for the future…

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WednesdayAug 16, 2023 3:22 pm

NetworkNewsBreaks – Astra Energy Inc. (ASRE) CEO Eyes Capitalization on Business Opportunities, Influx of Deals in Letter to Shareholders

Astra Energy (OTCQB: ASRE) today issued a letter to its shareholders from the company’s CEO and Chairman Ron Loudoun that discussed the first half of 2023, the company’s business momentum and expected continued progress. “The overall timing for the clean and renewable energy sector as well as for the company could not be better. The demand for solutions has never been greater. The business case for each respective technology will support broad market adoption. Further, both the Zanzibar and Tanzanian projects have gained support and commitments from local officials as well as the U.S. Chamber of Commerce. Studies, reports, engineering…

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WednesdayAug 16, 2023 3:09 pm

NetworkNewsBreaks – VPR Brands LP (VPRB) Releases Q2 2023, YTD Financial Report

VPR Brands (OTC: VPRB), a licensing company owning patents and trademarks as well as a market leader for the design and sale of electronic cigarettes, or vaporizers, for nicotine, cannabis and cannabidiol (“CBD”) and other related accessories such as lighters, is reporting its second-quarter 2023 financial results. Highlights of the report show increased revenues and record profits when compared to previous quarters. The company noted that while it was able to increase Q2 2023 revenues over 2022 by an estimated $1 million to $1,909,529, and year-to-date six-month revenue by more than $2 million to $4,990,550, it was able to reduce…

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