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WednesdayJul 05, 2023 2:17 pm

NetworkNewsBreaks – SMX (Security Matters) Public Limited Company (NASDAQ: SMX) Closes on $3.2M Public Offering

SMX (Security Matters) Public Limited Company (NASDAQ: SMX) has closed on the underwritten public offering of securities that was previously announced. According to the announcement, the public offering totaled an estimated $3.24 million, before underwriting discounts and commissions as well as offering expenses are deducted; that amount also excludes any exercise of the underwriter's option to purchase additional securities. The company reported that the public offering included 13,333,333 ordinary shares, 13,333,333 warrants in the form of warrant A to subscribe for 13,333,333 ordinary shares, and 13,333,333 warrants in the form of warrant B to subscribe for 13,333,333 ordinary shares. In…

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WednesdayJul 05, 2023 2:06 pm

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Regains Compliance with NYSE Listing Rule

D-Wave (NYSE: QBTS), a leader in commercial quantum computing systems, software and services, today announced that it has regained compliance with the New York Stock Exchange, meeting its continued listing standard for minimum share price. On July 3, 2023, the NYSE provided D-Wave with a notification letter of re-compliance based on D-Wave‘s share price being at least $1.00 on June 30, 2023, as well as a calculation of the company’s average closing price for the 30 trading days ended June 30, 2023, reflecting an average closing price above the NYSE’s $1.00 minimum requirement. D-Wave will continue trading on the NYSE,…

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WednesdayJul 05, 2023 1:55 pm

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Announces Participation in July’s Virtual Investor Summer Spotlight Series

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, will be featured in the Virtual Investor Summer Spotlight Series. Company CEO John Climaco and chief medical officer Sandra L. Silberman will both be participating on a live webcast scheduled for July 11, 2023, at 12 p.m. ET. The live event will be streamed on the company’s event’s page, and a replay of the webcast will be available later that day and will be accessible for 90 days, also on the company website. To…

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WednesdayJul 05, 2023 12:50 pm

NetworkNewsBreaks – Cisco Systems Inc. (NASDAQ: CSCO) Featured in Yahoo! Finance Article

Cisco (NASDAQ: CSCO) was featured in a Yahoo! Finance article titled “3 stocks that could still light up 2023 just like July 4 fireworks.” The piece first discusses various S&P 500 performers, including stocks that have benefited from coming into the year in an oversold position, the excitement around AI, and earnings revision trends that have turned higher, as well as the likelihood of companies continuing to spend on tech despite an expected slowing economy. “Nvidia (NASDAQ: NVDA) (AI hype) and Meta (NASDAQ: META) (cost-cutting and AI hype) have led the charge for the S&P 500 with respective gains of…

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WednesdayJul 05, 2023 11:34 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Retains Law Firm to Actively Investigate, Combat Naked Short Selling Activities

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it has retained Christian Attar, formally known as Christian Levine Law Group, and in partnership with Warshaw, Burstein, LLP, to combat naked short selling activities. Based on reports from ShareIntel, Mullen believes it may have been the target of a market manipulation scheme involving illegal naked short selling of its common stock and has decided to investigate and expose any potential wrongdoing. According to various publicly disclosed sources, Christian Attar, in partnership with Warshaw Burstein, LLP, have successfully prosecuted and collected millions of dollars in aggregate damages…

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WednesdayJul 05, 2023 10:53 am

NetworkNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Affirms Exceptional Quality of Graphite Material at Ruby Property

Reflex (CSE:RFLX) (OTCQB: RFLXF) (FSE: HF2) today announced that purities of 99.999% graphitic carbon (“Cg”) were obtained from preliminary metallurgical studies testing the purification of the material sourced from its flagship Ruby Graphite Project located near Dillon, Montana, USA. According to the update, graphite concentrations of 99.999% Cg purity were achieved solely using a conventional thermal purification process. “Today marks another major milestone for Reflex. The achievement of 99.999% Cg from purification testing - without any optimization - only reaffirms our belief in the exceptional quality of the graphite material hosted on our Ruby property,” said Reflex CEO Paul Gorman.…

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MondayJul 03, 2023 10:40 am

NetworkNewsBreaks – The BuildClub Announces Plans to Host Q&A Webinar

The BuildClub, the on-demand marketplace for building materials that is transforming the construction industry with an AI-driven approach, has scheduled a key webinar. The event, which is scheduled for July 12, 2023, at 11 a.m. PST, will feature BuildClub founder Stephen Forte and Tony Luigs, former head of pro services and strategy at Home Depot. During the webinar, Forte will present the company pitch deck and discuss key insights as well as the BuildClub’s innovative solutions, including its unique on-demand platform, which streamlines the construction process. Specifically, Forte will present the company’s investor platform, which is based on three pillars…

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MondayJul 03, 2023 10:30 am

NetworkNewsBreaks – MetaWorks Platforms Inc. (CSE: MWRK) (OTCQB: MWRK) Inks Agreement to Acquire Assets of ChatGPT-Powered Metaverse Platform

MetaWorks Platforms (CSE: MWRK) (OTCQB: MWRK), an award-winning Web3 company that owns and operates platforms in the entertainment and technology space, has signed a definitive agreement to acquire the Metaverse platform and AI avatar assets of Apex VR Holdings Inc. Apex VR is the parent company of the UtopiaVR.com Metaverse Platform. According to the company, this “significant milestone” represents the company’s focus on strengthening its position in the Web3 space. The agreement notes that MetaWorks will acquire the assets of UtopiaVR, including its Web3 business metaverse platform, Chat GPT-powered AI avatar technology, and domain portfolio, including UtopiaVR.com. Included in the acquisition…

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FridayJun 30, 2023 1:51 pm

NetworkNewsBreaks – Panbela Therapeutics Inc. (NASDAQ: PBLA) Closes on Public Offering Totaling About $8.5M

Panbela Therapeutics (NASDAQ: PBLA), a clinical stage company developing disruptive therapeutics for the treatment of patients with urgent unmet medical needs, has closed on its previously announced public offering. The offering consisted of 2,270,000 shares of its common stock or prefunded warrants in lieu thereof as well as two classes of warrants to purchase up to 4,540,000 shares of common stock (public warrants). The offerings were at a purchase price of $3.75 per share and associated public warrants and $3.749 per prefunded warrant and associated public warrants. According to the announcement, the prefunded warrants have an exercise price of $0.001 per…

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FridayJun 30, 2023 1:46 pm

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) Shares Results Shareholder Annual General and Special Meeting

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, recently held its annual general and special meeting of shareholders. The virtual-only meeting was held on June 29, 2023. The company is reporting on the results of the meeting, including the election of all nominees for directors of the company. Those nominees included Anthony Durkacz, Zeeshan Saeed, Dr. Lakshmi P. Kotra, Adnan Bashir, Nitin Kaushal, Michael (Zappy) Zapolin and Dr. Eric Hoskins. The directors will serve until the…

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