Breaks Categories: News

ThursdayMay 11, 2023 2:01 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces Additional Contract Renewal, Expanded Service to UC San Diego

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASR”) and blue light emergency communication systems, has announced that a longtime client, one of the largest resort/casinos in the United States, has renewed its contract for the sixth year in a row. The contract calls for six for 6 ASRs to provide 24/7/365 surveillance at its Southern California location. An official from the casino noted that “Knightscope’s customer service is extremely responsive. They’re open to new ideas and always available when we need to discuss anything.” In addition, another existing client, UC San Diego, has expanded its contract with…

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ThursdayMay 11, 2023 1:43 pm

NetworkNewsBreaks – NextPlat Corp. (NASDAQ: NXPL) Invests Additional $1M in Progressive Care Inc. (RXMD)

NextPlat (NASDAQ: NXPL, NXPLW), a global e-commerce provider, today announced that it has completed an additional $1 million investment in Progressive Care (OTCQB: RXMD), a personalized healthcare services and technology company. In connection with the $1 million investment, NextPlat purchased 455,000 newly issued units of Progressive Care, with each comprised of one share of Progressive Care’s common stock and one warrant to purchase a share of common stock at a per unit purchase price of $2.20. In addition, NextPlat executives Charles Fernandez and Rodney Barreto, as well as certain other Progressive Care convertible note holders, agreed to convert the approximately…

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ThursdayMay 11, 2023 1:16 pm

NetworkNewsBreaks — DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Releases Q1 2023 Financial Report, Player Numbers

DoubleDown Interactive (NASDAQ: DDI), a leading developer and publisher of digital games on mobile and web-based platforms, is reporting on its unaudited financial results for the first quarter ended March 31, 2023. Highlights of the report include revenues reaching $77.6 million, down from $85.5 million in the first quarter of 2022; operating costs of $52.2 million, a reduction from the $60.8 million reported in Q1 2022; Adjusted EBITDA of $25.4 million compared to $26.9 million for the same period in 2022; and net income totaling $23.7 million, up from the $18.5 million for first quarter of 2022. In addition, the company…

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WednesdayMay 10, 2023 2:39 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Reports New TSU Contract, Renewal by Longtime Client; Announces Town Hall Meeting

Knightscope (NASDAQ: KSCP) is maintaining its momentum as a leading developer of autonomous security robots (“ASR”) and blue light emergency communication systems. The company continues to see contracts — both new and renewals — as it works to make the United States the safest country in the world. The company’s most recent renewal is with a well-known media and entertainment company. The client, which first signed with Knightscope seven years ago to patrol one of its North Hollywood properties, has renewed its contract for 24/7/365 ASR surveillance. In addition, Knightscope announced that Texas State University (“TSU”) has inked a deal with Knightscope…

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WednesdayMay 10, 2023 2:28 pm

NetworkNewsBreaks – Lift 2023 Event to Return to the Heart of Downtown Toronto

Lift Events & Experiences, Canada’s No. 1 cannabis conference and trade show series, today announced its return to the Metro Toronto Convention Centre (“MTCC”), a top-of-class venue for business event organizers, located in the heart of downtown Toronto. Lift Toronto 2023, slated to take place on June 1-3, is expected to attract representatives from more than 150 companies within the cannabis-value chain, 140+ renowned industry thought leaders, and 3,000 to 5,000 growers, licensed producers, retailers, budtenders, investors and consumers. As a fifth year of cannabis legalization in Canada comes to fruition, the event will commence with the full-day Lift Cannabis…

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WednesdayMay 10, 2023 2:18 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces Results of 2023 Annual Meeting

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced the results of the 2023 Annual Meeting. According to the update, the company held the meeting at 1:00 p.m. PT on May 9, 2023, whereby there were 3,372,024 shares of the company represented in person or by proxy, constituting 56.3% of the company's issued share capital as of the meeting date of March 13, 2023. The matters voted upon and the final voting results are set forth as detailed in the announcement. All proposals are described in detail in Lexaria’s proxy statement filed with the Securities…

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WednesdayMay 10, 2023 1:49 pm

NetworkNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Issues Corporate Update, Extends Term of Outstanding Convertible Debentures

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today provided a corporate update and announced that it intends to extend the term of certain outstanding convertible debentures, which currently have a maturity date of May 31, 2023. According to the update, the debentures were originally issued in May of 2020, with a three-year term. On May 21 and 29, 2020, Ucore issued 1,280 and 1,520 convertible debentures respectively, with a face value of $1,000 each for total gross proceeds of $2.8 million. These unsecured debentures bear interest at a rate of 7.5% payable semi-annually and mature on May 31, 2023. Per…

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WednesdayMay 10, 2023 1:39 pm

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) Announces Completion of Phase 1 Dosing in MS Clinical Trial

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions for the treatment of challenging neurodegenerative, inflammatory and metabolic disorders, has completed dosing the first cohort of patients in its phase I clinical trial of Lucid-21-302 (Lucid-MS). According to the announcement, the study, which is being conducted by Lucid Psycheceuticals, the company’s wholly owned subsidiary, is the first-in-human study designed to evaluate Lucid-MS as a novel drug candidate for the treatment of multiple sclerosis (“MS”). A small molecule inhibitor of hypercitrullination, Lucid-MS is a patented first-in-class, new chemical…

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WednesdayMay 10, 2023 1:30 pm

NetworkNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTC: RFLXF) (FWB: HF2) Confirms High Density Graphite Material at Ruby Project

Reflex (CSE:RFLX) (OTC: RFLXF) (FWB: HF2) today announced results of preliminary metallurgical findings for its natural vein graphite at its Ruby Graphite deposit located in southwest Montana. Initial testing conducted by American Energy Technologies Company (“AETC”) enabled measuring of the specific surface area, which had values of less than 5 m 2 /g, indicative of graphite material with very low porosity, a prerequisite of high-density graphite. “We are very pleased that graphite material was left on the Ruby property from original mining operations in the 1940s, enabling us to evaluate the material using modern metallurgical techniques,” said Paul Gorman, CEO…

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WednesdayMay 10, 2023 1:18 pm

NetworkNewsBreaks – Sharing Services Global Corporation (SHRG), Subsidiary Launch New Nootropic Energy Beverage

Sharing Services Global (OTCQB: SHRG) and its wholly owned subsidiary, The Happy Co., have launched a new product called PerX(TM). A refreshing nootropic energy drink, PerX Berry Blast supports mental focus and increased energy. The Happy Co. is a leading producer and distributor of nootropic, functional beverage products with a focus on health and wellness. The announcement noted that a 30-day supply of PerX is available via the company’s network of independent brand partners on the company’s website. “This tasty drink delivers ultimate mental focus and healthy, happy energy to the ‘X' power," said Sharing Services CEO John "JT" Thatch in the…

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