News Archives - Page 624 of 1554

MondayMay 16, 2022 3:29 pm

NetworkNewsBreaks – Creative Medical Technology (NASDAQ: CELZ) Expects $17 Million Gross Proceeds from Private Placement

Creative Medical Technology Holdings (NASDAQ: CELZ), a leading commercial stage biotechnology company focused on a regenerative approach to immunotherapy, urology, neurology, and orthopedics, has entered into a securities purchase agreement. The agreement with several institutional investors to purchase more than 7.5 million shares of common stock or common stock equivalents in a private placement. The shares will be priced at market value. In addition, Creative Medical Technology will issue unregistered warrants to the investors, enabling them to purchase up to 15,111,112 shares of common stock. According to the agreement, those shares will be offered at $2.25 per share. The announcement…

MondayMay 16, 2022 3:21 pm

NetworkNewsBreaks – Florida Bitcoin & Blockchain Summit to Shine the Spotlight on Fintech in the Sunshine State

The Florida Bitcoin & Blockchain Summit, the only fintech and blockchain event with a focus on the state of Florida, today announced its live, in-person 2022 event that is slated to take place at the Hilton Orlando Resort on May 26-27. The event will bring together fintech communities and technology innovators from Florida and worldwide. The first event highlighting the ever-expanding financial technology industry in the Sunshine State, the summit’s goal is to gather stakeholders, businesses and political leaders from Florida and outside the state to collaborate on a strategy that will drive the growth of this emerging industry. The…

MondayMay 16, 2022 3:13 pm

NetworkNewsBreaks – Advanced Container Technologies Inc. (ACTX) Brings Innovative Solutions, Healthy Food to Where It’s Needed

Advanced Container Technologies (OTC: ACTX) today announced that its innovative modular hydroponic farms can help farmers lower costs and boost production during these trying times. “Rising fuel prices are hitting some farmers hard,” according to Fox News. In addition, unprecedented issues with the supply chain, the pandemic and now the war in Ukraine have made this a very difficult time to be a farmer — or anyone involved with food production. Further, according to the Chicago Sun Times, access to affordable, healthy food is a significant problem that impacts 40 million Americans. Large numbers of people live in food deserts,…

MondayMay 16, 2022 3:00 pm

NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) CEO to Present at TechCrunch’s Signature Annual Event

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance MMT(R) lidar solutions, today announced that its CEO Dr. Jun Pei will speak at TechCrunch’s signature annual event TC Sessions: Mobility 2022 in San Mateo, California, taking place on May 18-20, 2022. Cepton is scheduled to present at 11:45 a.m. PT on May 19. In the session titled “Breaking the luxury spell: A journey to commercializing safe autonomy for all,” Dr. Pei will address common misconceptions about liar technology and discuss how Cepton’s Micro Motion Technology (MMT(R)) enables scalable lidar solutions for everyday consumer vehicles. “The lidar industry is…

MondayMay 16, 2022 2:53 pm

NetworkNewsBreaks – Tingo Inc. (TMNA) Announces Q1 2022 Financial Results

Tingo (OTC: TMNA), the leading agri-fintech company operating in Africa, has filed its quarterly report on Form 10-Q, wherein the company reported its financial results for the three months ended March 31, 2022. Among the highlights, Tingo reported $257.1 million and $65.5 million in consolidated revenue and operating income, respectively, during the first quarter of 2022. In addition, the company announced a 19.2% quarter-on-quarter growth in gross profit to $153.2 million, up from $128.5 million for Q4 2021. “We are very pleased to report strong operating performance for the first quarter of 2022 and the continued growth of our agri-fintech…

MondayMay 16, 2022 2:39 pm

NetworkNewsBreaks – Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0) Issues Update on Default Status

Delic Holdings (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0), a leader in new medicines and treatments for a modern world, announced that it is providing a default status report; the report is being released in accordance with the alternative information guidelines set out in National Policy 12-203 — Management Cease Trade Orders (“NP 12-203”). According to the announcement, Delic is experiencing delays to its audit, which means that the required annual financial statements and management's discussion and analysis for FY 2021 have been delayed as well. The company had requested that a management cease trade order (“MCTO”) be imposed as a result…

MondayMay 16, 2022 2:21 pm

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Announces Q1 2022 Financial, Corporate Update

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, has released its first quarter 2022 financial report along with key updates on company strategies. The report pointed to recent approvals of a potentially pivotal Berubicin study in Europe that is expected to significantly drive patient enrollment and opportunities for Berubicin to be used in additional oncology indications with significant unmet needs and also noted that CNSP was granted fast track designation for Berubicin from the FDA, which provides more frequent interactions with the…

MondayMay 16, 2022 2:05 pm

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN), LGG Report on Vehicle Pack Development of Battery Cell Tech

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has released an update on its partnership with Linghang Guochuang Group (“LGG”). According to the update, the two companies are working together to take solid-state polymer battery cell technology into vehicle pack level development, with solid-state polymer batteries being anticipated to be available for the second generation of the Mullen FIVE EV Crossover. The two companies announced their partnership in 2019 and then progress was sidelined in 2020 because of COVID-19 outbreak. Recently, Mullen and LGG have picked up again, starting integration of the solid-state polymer cell technology into the…

MondayMay 16, 2022 1:50 pm

NetworkNewsBreaks – Lottery.com (NASDAQ: LTRY) Releases Q1 Financial, Operational Results

Lottery.com (NASDAQ: LTRY), a leading technology company that is transforming how, where and when the lottery is played, is reporting its first quarter 2022 financial results for the period ended March 31, 2022. Highlights of the report include Q1 revenue of $21.2 million, an increase of $15.7 million from the same period the previous year, as well as gross profit totaling $18 million, up $15.5 million from first quarter 2021. The report stated that the company experience Q1 2022 net loss of $15.8 million and adjusted EBITDA of $7.7 million. In addition, the report noted an update on key initiatives…

MondayMay 16, 2022 1:32 pm

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Strategic Appointment of Cannabis Regulatory Veteran

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, today announced its appointment of regulatory veteran Holly Bell as vice president of regulatory affairs. According to the update, Bell will play a crucial role in Flora’s domestic and global expansion strategy and lead government relations in key international markets. “Holly’s unique knowledge and understanding of the United States’ regulatory framework will position us to make thoughtful, educated and bold decisions regarding strategic distribution, cultivation and sales plans,” said Luis Merchan, president and CEO of Flora Growth. “We look forward to bringing Holly’s expertise…

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