Breaks Categories: News

FridayDec 02, 2022 11:09 am

NetworkNewsBreaks — MetAlert Inc. (MLRT) Engages Veteran Firm as Financial Advisor to Assist with Growth Strategy, Corporate Development Initiatives

MetAlert (OTC: MLRT), a pioneer in location-sensitive, health-monitoring devices and wearable technology products for remote patient monitoring, announced that Joseph Gunnar & Co. LLC will serve as the company’s financial advisor. According to the announcement, Joseph Gunnar will support the company as it communicates its growth strategy to the investment community; the firm will also provide advice on possible financing alternatives and acquisitions and will assist as MetAlert moves toward uplisting on a national exchange. Joseph Gunnar officials called MetAlert’s vision “compelling” and noted the company’s ability to leverage its extensive IP portfolio to bring valuable tech solutions to the…

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FridayDec 02, 2022 10:49 am

NetworkNewsBreaks – India Globalization Capital Inc. (NYSE American: IGC) Commences Trial Evaluating IGC-AD1 for the Treatment of Alzheimer’s-Related Symptoms

India Globalization Capital (NYSE American: IGC) announced that it has begun “A Phase 2, Multi-Center, Double-Blind, Randomized, Placebo-Controlled, Trial of the Safety and Efficacy of IGC-AD1 on Agitation in Participants with Dementia due to Alzheimer’s Disease.” According to the announcement, the company has commenced the phase 2 study at two U.S. sites and plans to add between three to five additional sites in the United States, Canada and possibly South America. “We believe that IGC-AD1 has the potential to revolutionize the treatment of Alzheimer’s Disease as the first and only low-dose natural THC-based formulation candidate currently undergoing FDA trials,” said…

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ThursdayDec 01, 2022 2:38 pm

NetworkNewsBreaks – Sustain SoCal Partners with Roth Capital Partners to Host Sustainability Private Capital Event

Sustain SoCal, a nonprofit organization, has joined with Roth Capital Partners to host the fifth annual Sustainability Private Capital Event. The virtual event is scheduled for Dec. 7–8, 2022. The premier gathering is designed to bring together investors from venture capital, private equity, family offices, endowments, foundations and angels with C-level executives from established private sustainability companies. The format of the event includes company quick pitches, one-on-one and small-group meetings, and industry panels. Roth is a founding member of Sustain SoCal. “With the recent landmark passing of the Inflation Reduction Act (‘IRA’) and the Infrastructure and Jobs Act, private companies…

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ThursdayDec 01, 2022 2:34 pm

NetworkNewsBreaks – Astra Energy Inc. (ASRE) Collaborates to Deploy Regreen Systems and Technology Throughout the Asia Pacific

Astra Energy (OTCQB: ASRE), a fully reporting renewable and waste-to-energy and waste-to-bio-products project developer and technology acquisition company, today announced that its majority owned subsidiary, Regreen Technologies Inc., has entered into a definitive agreement with Cong Ty Co Phan Viecotech (“Viecotech”), a Social Republic of Vietnam manufacturer of clean environmental technology equipment. Under the agreement, Regreen and Viecotech will be 50-50 partners in the manufacture, distribution and deployment of the patented Regreen waste management and processing system and technologies throughout the Asia Pacific market. “We believe securing such a well-established and connected manufacturing partner will support the distribution and deployment…

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ThursdayDec 01, 2022 2:24 pm

NetworkNewsBreaks – Tingo Inc. (TMNA) Operating Business, Assets Acquisition by MICT Completed

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has been acquired by MICT Inc. (NASDAQ: MICT); the transaction was completed today. According to the announcement, the agreement includes 100% ownership of Tingo Inc.’s operating business and assets, specifically its subsidiary, Tingo Mobile Limited; 100% consolidation of Tingo Mobile’s revenues and income; 100% consolidation of Tingo Mobile’s balance sheet; and the opportunity to “globalize and dollarize an already established rapidly growing and highly scalable fintech and agri-fintech business.” The transaction included MICT issuing 19.9% of its common stock to Tingo, together with Series A Preferred Stock and Series B Preferred Stock, each of which are…

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ThursdayDec 01, 2022 1:35 pm

NetworkNewsBreaks — MetAlert Inc. (MLRT) ‘Groundbreaking’ Tech for Senior Health Care Market Spotlighted in Recent Article

MetAlert (OTC: MLRT), a pioneer in the field of wearable GPS human and asset tracking and remote patient monitoring, is featured in a recent Market Herald article for its proprietary technologies, including RoomMate(TM). The article, which is titled “One Company Is Set to Pioneer Technologies for the Senior Health Care Market,” reports on RoomMate, MetAlert’s groundbreaking 3D fall detection and monitoring device. The 3D infrared fall-detection, automated monitoring system provides “anonymized” supervision and monitoring service using infrared 3D tech. The article noted that more than 5,500 devices are in operation in Norway, Sweden, Denmark and Iceland, and the company is…

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ThursdayDec 01, 2022 1:28 pm

NetworkNewsBreaks – Coinbase Global Inc. (NASDAQ: COIN) Digital Wallet Ends Support for Bitcoin Cash, Ethereum Classic

Coinbase Global (NASDAQ: COIN), a cryptocurrency exchange, announced that its digital wallet will no longer support the native tokens associated with Bitcoin Cash, Ethereum Classic, Ripple's XRP Ledger and Stellar; that change will take effect on Monday, Dec. 5, 2023. The company did note that users with balances will still be able to withdraw their money after that date. According to the announcement, the exchange made the decision based on low usage of the digital coins and tokens, which gained public awareness during the 2017 cryptocurrency bull market. Despite the low use, XRP is the seventh-largest cryptocurrency with a market…

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ThursdayDec 01, 2022 12:40 pm

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Closes on Acquisition of ELMS Plant, Assets and IP

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has officially closed on its previously announced acquisition of Electric Last Mile Solutions (“ELMS”) assets, including all IP and a factory located in Mishawaka, Indiana. The all-cash, $105 million transaction was completed on Nov. 30, 2022. According to the announcement, the ELMS acquisition allows Mullen to enter the commercial market much earlier than previously planned. In fact, the company plans to deliver class 1 product during the first quarter of 2023 and class 3 vehicles during the second quarter. The company noted that the factory, which previously produced General Motors’…

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ThursdayDec 01, 2022 12:23 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Deploys ASR Services for Five New Contracts, Unveils the ‘Rise of the Robots’

Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies focused on enhancing U.S. security operations, has announced that it continues to accelerate market expansion with five new contracts for its Autonomous Security Robot (“ASR”) services in the health care market across multiple U.S. states. Describing deployment locations across a hospital group in Minnesota, an existing client in Ohio, a health care and rehabilitation center in New York, a hospital in Texas and health system in Louisiana, the announcement indicates that the wins underscore the need and desire to provide a safe environment for the nation’s health care workers and…

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ThursdayDec 01, 2022 11:59 am

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Releases Pricing for Public Offering

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, announced the pricing of a public offering. The offering is comprised of 1,889,764 shares of common stock (or prefunded warrants in lieu thereof) along with warrants to purchase up to 1,889,764 shares of common stock at a combined public offering price of $3.175 per share and associated warrant. The company noted that common warrants will be immediately exercisable at $3.03 per share and will expire five years following the initial exercise date. According to the announcement, the…

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