Breaks Categories: News

TuesdayJul 26, 2022 12:59 pm

NetworkNewsBreaks – DPCM Capital Inc. (NYSE: XPOA), D-Wave Systems Inc. Announce Unique Structure to Incentivize Retention, Long-Term Investment

DPCM Capital (NYSE: XPOA) and D-Wave Systems Inc., a leader in quantum computing systems, software and services, have announced an innovative bonus pool structure for DPCM Capital stockholders in advance of the redemption deadline of 5:00 p.m. EDT on July 29, 2022. According to the update, the proposed business combination between D-Wave and DPCM Capital includes a unique structure in order to incentivize ongoing retention and long-term investment. A bonus pool of up to five million shares of the common stock of D-Wave Quantum Inc., the newly formed company that will be the parent company of D-Wave and DPCM Capital,…

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TuesdayJul 26, 2022 12:45 pm

NetworkNewsBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA) CEO Featured Guest in Latest Bell2Bell Podcast

Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F), a clean-technology company developing transformative power conversion technologies and control system solutions for next-generation EVs and electrical systems, and Don Currie, the company’s CEO, were the focus in the latest episode of the Bell2Bell Podcast. During the interview, Currie and podcast host Stuart Smith talked about Hillcrest Energy Technologies, discussing the company’s business model and focus on the clean-energy space. Currie observed that HLRTF’s mission is to create solutions that unlock efficiencies in electrification and maximize the performance of an integrated electric system, now and in the future. The HLRTF executive…

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TuesdayJul 26, 2022 12:36 pm

NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) to Release Q2 2022 Results, Host Conference Call and Webcast

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance MMT(R) lidar solutions, today announced that it will provide a business update and release its financial results for the second quarter of 2022 following the close of the market on Monday, Aug. 8, 2022. Cepton will also hold a conference call and webcast at 2:30 p.m. PT / 5:30 p.m. ET that same day. Interested parties may join the call by dialing 877-300-8521 and visiting https://nnw.fm/nTlxe to access the live webcast. A telephonic replay will be available approximately two hours after the live call and until Aug. 22, 2022,…

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TuesdayJul 26, 2022 12:15 pm

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Scheduled Annual Shareholder Meeting

Cybin (NEO: CYBN) (NYSE American: CYBN), a biopharmaceutical company focused on progressing Psychedelics to Therapeutics(TM), has scheduled its annual shareholder meeting. The company’s 2022 Annual Meeting of Shareholders will begin at 10 a.m. ET on Aug. 15, 2022; the meeting will be held virtually. According to the announcement, notice of the annual meeting and a proxy statement containing meeting details should be available approximately July 25, 2022; individuals who were shareholders of record at close of business on July 11, 2022, will have access to the information. The company noted that meeting materials will be mailed to shareholders, and the information…

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TuesdayJul 26, 2022 10:25 am

NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Announces Samsung Mexico SDS Contract Award

Freight Technologies (NASDAQ: FRGT), a technology company developing solutions to optimize and automate the supply chain process as well as providing a platform for B2B cross-border shipping in the NAFTA region, has been awarded a contract with Samsung Mexico in regard to its SDS business. According to the announcement, FRGT has already started to use its platform to assist with shipments from Mexico to the United States. Fr8App delivers cross-border capacity “during a difficult market when others have not been able to do so,” said a Samsung Mexico official, who noted that the company has more than 100 trucks going from…

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MondayJul 25, 2022 12:44 pm

NetworkNewsBreaks – DPCM Capital Inc.’s (NYSE: XPOA) Pending SPAC Merger Target D-Wave Forms Alliance with Mastercard (NYSE: MA) to Champion Quantum Computing Solutions

DPCM Capital (NYSE: XPOA) recently entered into a definitive transaction agreement with D-Wave Systems Inc., whereby, upon closing of the transaction, shares of the pending parent company – D-Wave Quantum Inc. – are expected to trade on the NYSE under ticker symbol QBTS. D-Wave Systems, a leader in quantum computing systems, software and services, and the only company building both quantum annealing and gate-based quantum computers, and Mastercard (NYSE: MA) recently announced a multi-year strategic alliance to champion the acceleration and adoption of quantum computing solutions. According to the announcement, D-Wave and Mastercard will collaborate on the research and development…

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MondayJul 25, 2022 12:19 pm

NetworkNewsBreaks – Correlate Infrastructure Partners Inc. (CIPI) Signs LOI to Acquire Leading Solar, Storage Platform

Correlate Infrastructure Partners (OTCQB: CIPI), a technology-enabled energy optimization and clean-energy solutions provider for North America, has entered into a nonbinding letter of intent (“LOI”) outlining its plans to acquire a top-10 solar, battery storage and roofing provider based in California. According to the announcement, the target company focuses on sales and self-performance construction of solar and roofing services for residential and commercial properties; CIPI anticipates the acquisition to be complete and accretive by the second half of this year, marking the “next evolution” of the company as a community-scale distributed energy company. Highlights of the agreement include expanded national…

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MondayJul 25, 2022 12:06 pm

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Urges Shareholders to Vote in Favor of Proxy Proposals for Upcoming Annual Meeting

CNS Pharmaceuticals (NASDAQ: CNSP) is a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system. The company today urged shareholders to vote in favor of the proposals outlined in its definitive proxy statement for the upcoming annual shareholder meeting to be held Wednesday, July 27, 2022. Proposals include the authorization to increase the number of shares available for issuance by the company and the authorization for the board of directors to effect a reverse stock split of the outstanding shares of the company’s common stock, at a split…

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MondayJul 25, 2022 11:54 am

NetworkNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Issues Update on Phase 2 EB Trial

InMed Pharmaceuticals (NASDAQ: INM), a leader in the research, development, manufacturing and commercialization of rare cannabinoids, today provided an update on its phase 2 clinical trial using investigational drug INM-755 cannabinol (“CBN”) cream for the treatment of patients with epidermolysis bullosa (“EB”). Based on safety data of the first five adult patients who completed the phase 2 study, an independent data monitoring committee agreed it is safe to allow the enrollment of adolescent patients, defined as persons aged twelve to seventeen with EB. “We are pleased that the initial safety data from InMed’s phase 2 EB clinical trial has allowed…

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MondayJul 25, 2022 11:27 am

NetworkNewsBreaks – Friendable Inc. (FDBL) Launches Revamped ‘Song of the Summer’ Contest

Friendable (OTC: FDBL), a mobile technology and marketing company, today announced its “Song of the Summer” contest and artist promotion. According to the update, the submission process opened to artists last week as the company received an immediate positive response with entries pouring in. The contest registration will remain open until July 31, 2022, and fan voting will begin in August 2022 to determine each of the five winners per genre. “This contest has been a highly sought after and anticipated promotion since it began with the former Artist Republik management team,” said Friendable CEO Robert A. Rositano Jr. “Now…

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