Breaks Categories: News

ThursdayFeb 24, 2022 3:33 pm

NetworkNewsBreaks – FutureTech II Acquisition Corp. (NASDAQ: FTIIU) Secures $115M Through IPO, Full Exercise of Over-Allotment Option

FutureTech II (NASDAQ: FTIIU) today announced the closing of its initial public offering of 10,000,000 units, each at a price of $10.00. Each unit consists of one share of Class A common stock and one warrant entitling the holder to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. The underwriters fully exercised the over-allotment option for an additional 1,500,000 units on Feb. 16, 2022, which closed concurrent with the closing of the offering. As a result, FutureTech II secured $115,000,000 in aggregate gross proceeds from the offering and…

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ThursdayFeb 24, 2022 3:18 pm

NetworkNewsBreaks – Playgon Games Inc. (TSX.V: DEAL) (OTCQB: PLGNF) (FSE: 7CR) Names Industry Veteran to Board

Playgon Games (TSX.V: DEAL) (OTCQB: PLGNF) (FSE: 7CR), a propriety SaaS technology company delivering mobile live-dealer technology and Etable games to online gaming operators globally, has appointed Bobby Soper to its board of directors. The company also granted an aggregate of 1,300,000 stock options to its independent directors, with each stock option exercisable for one common share of the company at an exercise price of $.21 for a period of five years. Soper bring impressive experience to his new position, having spent the last 20 years managing and facilitating the development of numerous projects from the ground-up. In addition, he…

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ThursdayFeb 24, 2022 2:56 pm

NetworkNewsBreaks – MakersPlace Names New CEO to Drive Growth in Dynamic NFT Market

MakersPlace – the premier NFT marketplace for rare and authentic digital artworks – has appointed Chief Executive Officer Craig Palmer to lead the company through its next critical growth phase. Palmer brings over 30 years of broad industry experience – spanning a wide variety of b2c and b2b markets and a strong track record of almost $10B in successful exits. Palmer most recently served as CEO of Fandom (www.Fandom.com), the world’s largest fan platform reaching 315 million unique visitors per month that enables fans to go deeper on their favorite games, entertainment and culture with unique tools, memorable experiences, original…

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ThursdayFeb 24, 2022 2:50 pm

NetworkNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Launches LN Routing Node in One of the World’s Most Valuable, Untapped Markets

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), an emerging technology company developing payment infrastructure for the Bitcoin Lightning Network (“LN”), today announced its strategic deployment of a routing node in Jakarta, Indonesia. “With a population of more than 260 million and over $50 billion crypto assets reportedly traded, Indonesia is one of the world's most valuable, untapped, emerging markets, with all the right dynamics for Lightning Network to excel,” said LQwD CEO Shone Anstey. “Recently, the Indonesia Commodity Futures Trading Supervisor Agency (‘CoFTRA’) announced acceptance to trade in over 200 cryptocurrencies, which will help pave the way for Lightning Network to…

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ThursdayFeb 24, 2022 2:26 pm

NetworkNewsBreaks – DigiMax Global Inc.’s (CSE: DIGI) (OTC: DBKSF) CryptoHawk AI Achieves 4.9 Rating, 1K+ Downloads Within 2 Weeks of Launch

DigiMax (CSE: DIGI) (OTC: DBKSF), a company that provides artificial intelligence (“AI”) and cryptocurrency technology solutions, announced that it has now surpassed 1,000 downloads of the mobile-app version of CryptoHawk AI. The app enjoys a 4.9 rating (with more than 150 reviews) on both Apple and Google App Stores within two weeks of its launch. “We truly believe we have one of the best crypto analytics tools available in the market today, and I offer a huge ‘thank you’ to everyone who has had a role to play in its development right from the beginning,” said DigiMax CEO Chris Carl.…

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ThursdayFeb 24, 2022 1:34 pm

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Highlighted in WardsAuto(TM) Feature

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is the subject of a recently published feature article by WardsAuto; the article discusses Mullen’s vision for the future and includes quotes and information from Mullen senior leadership, including Mullen CEO and chair David Michery, VP of mechanical systems Marian Patriclan and VP of marketing Jason Putnam. Wards is an industry-leading, automotive-centric publication and has become a global leader in automotive intelligence by offering insights and intelligence on the global automotive industry. The article spotlighted MULN’s hybrid retail model and EVs, along with its manufacturing and battery tech. “I am delighted…

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ThursdayFeb 24, 2022 1:19 pm

NetworkNewsBreaks – Lottery.com (NASDAQ: LTRY) Chooses Algorand Blockchain to Power Gaming Platform

Lottery.com (NASDAQ: LTRY), a leading technology company that is transforming how, where and when the lottery is played, has selected Algorand’s innovative blockchain to support the development of Project Nexus. LTRY’s Project Nexus is a blockchain-based gaming platform designed to operate lottery and other forms of online gaming worldwide; the platform offers  enhanced security, scalability and speed. According to the announcement, Lottery.com selected Algorand based on the blockchain’s focus on user safety, track record for consistent uptime, high performance, low-cost transaction as well as Algorand’s dedication to operating with a negative carbon footprint. Algorand has thousands of organizations around the world…

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ThursdayFeb 24, 2022 12:40 pm

NetworkNewsBreaks – SPYR Inc.’s (SPYR) Applied Magix Opens Pre-Sales of Newest Product – MagixStatus Cables

SPYR (OTCQB: SPYR) (dba SPYR Technologies), a technology company whose subsidiary, Applied Magix Inc., develops and resells Apple(R) ecosystem compatible products in the growing multibillion-dollar IoT smart home and connected car markets, today announced pre-orders of MagixStatus cables. “While we are ramping up production and waiting for the final packaging to be delivered, we wanted to open up pre-sales for our newest, most exciting new product, the MagixStatus cables,” said Applied Magix founder and CEO Dr. Harald Zink. “These are truly the better mousetrap of charging cables, and we are set to have the first shipment delivered within 30 days.…

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WednesdayFeb 23, 2022 3:52 pm

NetworkNewsBreaks – Golden Matrix Group Inc. (GMGI) Expects Record Revenues of $7.7M for Q1 2022

Golden Matrix Group (OTCQX: GMGI), a developer and licenser of gaming platforms, systems and gaming content, has announced that it expects to achieve record quarterly revenues of approximately $7.7 million in the first fiscal quarter ended Jan. 31, 2022. According to the update, this represents an estimated 295% improvement on revenues of $1,951,406 in the comparable year-ago quarter and an increase of 124% on the previous quarter. “As expected, Rkings is having an immediate positive impact on our financial performance,” said Golden Matrix CEO Brian Goodman. “It has given us entry into a well-established B2C vertical in a new international…

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WednesdayFeb 23, 2022 12:57 pm

NetworkNewsBreaks – Faraday Future Unveils FF 91’s Distinctive Design in 3D Tour

Faraday Future, a global shared intelligent mobility ecosystem company with a vision to disrupt the automotive industry, released a 3D Tour of FF 91, its first production vehicle and flagship model. “All-electric, autonomous-ready and seamlessly connected, it embodies our latest mobility advancements in performance, intelligence and user experience. This is the reason why we gave FF 91 a future-forward design that visually sets it apart from anything else on the road,” Faraday Future writes in describing the vehicle’s concept and capabilities. “Committed to breathtaking power that also allows us to breathe more freely, our engineers are pushing the limits of…

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