Breaks Categories: News

WednesdayApr 06, 2022 1:22 pm

NetworkNewsBreaks – NowVertical Group Inc. (TSX.V: NOW) Completes Allegient Defense Acquisition, Secures $5.8M Credit Facility

NowVertical Group (TSX.V: NOW), a big-data, analytics and Vertical Intelligence(TM) software and services company, has finalized its previously announced acquisition of all issued and outstanding securities of Allegient Defense Inc. The transaction was completed after approval for the acquisition was granted by the Committee on Foreign Investment in the United States. Allegient is a U.S.-based government defense contractor that provides systems engineering and technical assistance support to the Department of Defense. In addition, NOW announced that it had closed on a $5.8 million credit facility with U.S.-based MVB Bank, consisting of a $3.8 million term loan along with a $2…

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WednesdayApr 06, 2022 1:17 pm

NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) to Present at BofA Securities Global Automotive Summit

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance MMT(R) lidar solutions, today announced that its Chief Executive Officer Dr. Jun Pei and Chief Financial Officer Hull Xu will be participating in the BofA Securities Global Automotive Summit on April 13, 2022. According to the announcement, Cepton is scheduled to present at 1:20 p.m. ET on Wednesday, April 13. Interested parties may visit https://nnw.fm/hTA0a to register to view a live webcast of the presentation. The registration link and Cepton’s investor presentation can also be found at https://investors.cepton.com. To view the full press release, visit https://nnw.fm/1WaYL About Cepton Inc.…

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WednesdayApr 06, 2022 1:10 pm

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) Shares Update on Corporate Activity

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a life-sciences holding company dedicated to building a portfolio of assets and biotech solutions, has provided updates on four key issues. The updates noted that FSD Pharma has appointed industry leaders Jason Sawyer and Dr. Ravinder Kumar to its advisory board and has been working to expand its team at all levels to synergize its operations; those efforts include appointing Dr. Andrzej Chruscinski as associate vice president of clinical affairs; Kevin Cassidy as vice president of quality systems; and Dr. Oksana Akhova as director, licensing, partnership and IP. In addition, FSD Pharma…

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WednesdayApr 06, 2022 1:06 pm

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Secures Approval from France EC and ANSM Competent Authority for Potentially Pivotal Study of Berubicin

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 (“CNS”), today announced its receipt of approval from the National Agency for the Safety of Medicine and Health Products (“ANSM”) Competent Authority and from the People Protection Ethics Committee (“EC”) SUD-EST III (“CPP Sud-Est III”) in France for the company's potentially pivotal study of Berubicin for the treatment of recurrent glioblastoma multiforme (“GBM”), one of the most aggressive types of brain cancer. “Access to patients is the lifeblood of any clinical study and this…

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WednesdayApr 06, 2022 12:56 pm

NetworkNewsBreaks – Save Foods Inc. (NASDAQ: SVFD) (FSE: 80W) Releases Letter to Stockholders

Save Foods (NASDAQ: SVFD) (FSE: 80W), an agri-food tech company specializing in eco crop protection that helps reduce food waste and ensure food safety, published a letter to its stockholders from CEO David Palach. “We achieved multiple significant milestones in 2021, successfully transitioning Save Foods from a research and development focused organization to a commercial enterprise, fueled by the transformational May 2021 listing of our common stock on the Nasdaq Capital Market through an initial public offering that raised gross proceeds of $12 million. Even though we were an R&D focused company for much of 2021, and despite ongoing travel…

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WednesdayApr 06, 2022 12:43 pm

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) to Participate in Upcoming Benzinga Psychedelics Capital Conference

Cybin (NEO: CYBN) (NYSE American: CYBN), a biopharmaceutical company focused on progressing Psychedelics to Therapeutics(TM), will be represented at the Benzinga Psychedelics Capital Conference. The premier event is scheduled for April 19, 2022, and will be held in Miami Beach, Florida. Cybin CEO Doug Drysdale will present a fireside chat and will also be a member of a panel discussion. Drysdale’s chat is slated to start at 1:10 p.m. ET. The panel discussion, which is titled “Short, Medium, and Long Term Catalysts in Psychedelics,” is scheduled for 3:10 p.m. ET. Archives versions of both events will be available on the company’s…

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WednesdayApr 06, 2022 12:02 pm

NetworkNewsBreaks – GreenBox POS (NASDAQ: GBOX) Finalized ‘Momentous’ Transact Europe Acquisition

GreenBox (NASDAQ: GBOX), an emerging and rapidly growing fintech company, has completed its acquisition of Transact Europe Holdings (“TEU”). According to the company, the $28 million purchase price was substantiated by the value of Transact Europe’s business volume, strategic licenses, systems and personnel. An EU-regulated electronic money institution, TEU is headquartered in Sofia, Bulgaria, and holds an array of valuable licenses, including principal level membership of Visa, worldwide membership of MasterCard and principal membership of China UnionPay. “This acquisition is a momentous triumph for us, representing the most significant asset to date for GreenBox, allowing us to propel forward as a…

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TuesdayApr 05, 2022 3:53 pm

NetworkNewsBreaks – AROYA Reports Record Adoption of Its End-to-End Cannabis Production Platform

AROYA, a METER Group company, achieved record growth in 2021, exceeding $10 million in revenue from sales of its end-to-end cannabis production platform. Within the cannabis industry, demand is spiking for cultivation and production platforms like AROYA, which utilize sensors, software and data analytics. AheadInsight analysts project continued exponential growth of the cannabis technology industry at a 33.17% CAGR to reach $107.67 billion by 2025. AROYA has grown steadily over the past three years, extending its footprint across the U.S. To date, the company’s client base has grown to over 400 -- including some of the industry’s largest multistate operators…

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TuesdayApr 05, 2022 3:48 pm

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Announces Q4 and Fiscal Year 2021 Results, Provides Business Update

Pressure BioSciences (OTCQB: PBIO) (“PBI”), a leader in the development and sale of innovative, broadly enabling, pressure-based solutions for the worldwide life sciences and other industries, today announced financial results for the fourth quarter and fiscal year ended Dec. 31, 2021. The company also provided a business update and offered guidance on its strategic changes and growth acceleration planned for FY 2022. “The PCT and BaroFold technologies have provided important early opportunities for commercial traction, as PBI forged scientific understanding and acceptance for its high-pressure platforms,” Jeffrey N. Peterson, chairman of the PBI board, said in the press release. “Building…

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TuesdayApr 05, 2022 3:41 pm

NetworkNewsBreaks – South Star Battery Metals Corp. (TSX.V: STS) (OTCQB: STSBF) Announces ‘Next Cornerstone’ Toward World-Class Graphite Production

South Star (TSX.V: STS) (OTCQB: STSBF) has announced its entry into a binding streaming agreement with Sprott Resource Streaming and Royalty Corp (“SRSR”) for a total cash consideration of up to US$28 million as prepayment for graphite concentrates from the Santa Cruz Graphite Project in Brazil. According to the announcement, South Star will act as sales agent for SRSR on the percentage of production subject to the agreement. “We are delighted to have a long-term strategic partner like Sprott,” Richard Pearce, CEO of South Star, said in the press release. “This financing delivers excellent value for South Star shareholders by…

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