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FridayFeb 17, 2023 10:32 am

NetworkNewsBreaks – Triple 5 Names Tokenomics Expert as New Financial Advisor

Triple 5, a decentralized finance (“defi”) company set to launch its blockchain-based prediction protocol in Q2 2023, has named industry-renowned Leandro Marcarian as its new financial advisor. Marcarian brings more than a decade of economic and tokenomics experience to his new position. A current advisor for decentralized exchange Geometry finance, Marcarian has served as a financial and tokenomics advisor to several companies and has worked as an in-game economy developer for F2P and P2E games; he was also chief economist for a South African-based gaming company. In addition, as senior researcher for the “Monthly Economic Journal” at the Economics Research…

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ThursdayFeb 16, 2023 3:47 pm

NetworkNewsBreaks – Aesther Healthcare Acquisition Corp. and Ocean Biomedical Inc. (NASDAQ: OCEA) Announce Approved Business Combination

Aesther, a special purpose acquisition company (“SPAC”) and Ocean Biomedical Inc. (NASDAQ: OCEA), a next-generation biopharma company, recently announced stockholder approval of all proposals related to the previously disclosed proposed business combination between Aesther and Ocean. According to the update, the approvals were secured at a special meeting of stockholders held on Feb. 3, 2023. The combined company, Ocean Biomedical, and its Class A common stock commenced trading on the Nasdaq Capital Market under the symbol OCEA. “I’m pleased that the majority of shareholders have, through their votes in favor of going public, reaffirmed their belief in our vision for…

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ThursdayFeb 16, 2023 2:27 pm

NetworkNewsBreaks – Industry Leaders and Innovators to Take the Stage at Mines and Money Miami

Beacon Events, a renowned producer of conferences for leading companies and seasoned investors, today announced details for its upcoming Mines and Money Miami event slated to take place at the James L. Knight Center, Miami, Florida, Feb. 23-24. The event will draw leading CEOs from the mining and investment landscape and enable dialogue on key global trends, drive fresh collaborative strategies and chart a pathway toward a viable energy transition in the sector. More than 450 key decision-makers, innovators, thought leaders, investors, mining executives and policymakers are expected to attend. Mines and Money Miami will feature six panel discussions, where…

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ThursdayFeb 16, 2023 2:21 pm

NetworkNewsBreaks – Channel Fusion Expo Announces Date of Premiere Industry Event Slated for June

Channel Fusion Expo, poised to become the premiere tradeshow for the telecom/cloud, IT services, and communications hardware channel, has announced its inaugural event; the organization’s first gathering will be on June 7–9, 2023, in Charlotte, North Carolina. The expo is sponsored by Convey Services, a leading channel content solution provider, and MCI USA, a global engagement and marketing agency. Available both live and virtual, Channel Fusion Expo is designed to deliver valuable information for channel sales agents, service providers, tech solutions brokers (“TSBs”), TSPs (tech solutions providers (“TSPs”), distributors and IT technology suppliers. The event agenda features key presentations and…

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ThursdayFeb 16, 2023 2:17 pm

NetworkNewsBreaks – Pono Capital Three Inc. (NASDAQ: PTHRU) Closes $115M Initial Public Offering, Over-Allotment Option

Pono Capital Three (NASDAQ: PTHRU) recently announced the closing of its initial public offering of 10,000,000 units at $10.00 per unit, including 1,500,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option. The units commenced trading on the Nasdaq Stock Market LLC on Feb. 10, 2023, under the ticker symbol PTHRU. Each unit consists of one Class A ordinary share and one redeemable warrant, with each warrant entitling the holder to purchase one Class A ordinary share at a price of $11.50. Once the securities comprising the units begin separate trading, the Class A ordinary…

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ThursdayFeb 16, 2023 2:10 pm

NetworkNewsBreaks – AmeriCann Inc. (ACAN) Releases Financial Results Showing Four Consecutive Quarters of Positive Net Income

AmeriCann (OTCQB: ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, is reporting on its quarter ending December 2022; the report included both financial and operational highlights and noted that the company has seen four straight quarters of positive net income. Other financial highlights include the following: the company is seeing accelerating revenue, net income and adjusted operating EBITDA, which is driven by the performance of ACAN’s Massachusetts Cannabis Center (“MCC”); revenue for the quarter totaled $734,764, which was a 13% increase compared to the quarter ended December 2021; Adjusted EBITDA for the quarter increased by…

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ThursdayFeb 16, 2023 2:03 pm

NetworkNewsBreaks – Nextech AR Solutions Corp. (CSE: NTAR) (OTCQX: NEXCF) (FSE: EP2) Launches Major Tech Upgrade for Toggle3D

Nextech (CSE: NTAR) (OTCQX: NEXCF) (FSE: EP2), an augmented reality (“AR”), artificial intelligence (“AI”) and 3D model supplier for Amazon and other major e-commerce retailers and brands, today announced its launch of a new “Quad Typology Converter Upgrade.” The upgrade positions Toggle3D to be an industry leading all-in-one platform for CAD to web 3D design and enables platform users to produce quad tessellations, which increases the overall quality of 3D models. This is also the preferred standard in the 3D modeling industry, with the type of mesh producing higher quality models and allowing for more control, which is of particular…

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ThursdayFeb 16, 2023 1:55 pm

NetworkNewsBreaks – ECGI Holdings Inc. (ECGI) Announces Planned Acquisition Representing ‘Plug-and-Play’ Access to Dynamic Market

ECGI Holdings (OTC: ECGI), D/B/A Elite Cannabis Group Incorporated, a Nevada-based portfolio company pivoting into the legal cannabis and cannabinoid marketplace, today announced its entry into a definitive agreement to acquire East West Pharma Group Inc. (“EWPG”), a Wyoming corporation with specialized equipment and experienced personnel, including leaders in the cannabinoid extraction and product manufacturing space. As previously announced, the acquisition represents a shift in the company’s strategy by becoming part of the $2.7 billion cannabis manufacturing, extract and concentrates marketplace. “Now that the agreement is in place, we are excited to hit the ground running,” said ECGI CEO Danny…

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ThursdayFeb 16, 2023 1:38 pm

NetworkNewsBreaks – CISO Global Inc. (NASDAQ: CISO) Terminates Common Stock Public Offering

CISO Global Inc. (NASDAQ: CISO), an industry leader as a managed cybersecurity and compliance provider, has ended the underwritten public offering of its common stock; the offering was previously announced on Feb. 13, 2023. According to the announcement, company management assessed current market conditions and determined that the offering would not be in the best interests of CISO stockholders. The company reported that no shares of common stock will be sold pursuant to the offering prior to the termination. To view the full release, visit https://nnw.fm/TorWW About CISO Global Inc. CISO is an industry leader as a managed cybersecurity and compliance…

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ThursdayFeb 16, 2023 12:28 pm

NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Launches Major Fr8TMS Update

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company whose custom-developed Fr8App is an industry-leading freight-matching platform powered by AI and machine-learning and offers a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region. The company today announced the launch of a major update for its transportation management system (“Fr8TMS”). The new update is designed to transform the commercial trucking industry by introducing logistics and transportation technology to move freight within the USMCA region, with a focus on cross-border shipping. “We are excited to introduce this new update to the Fr8TMS, which will revolutionize the commercial…

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