Breaks Categories: News

WednesdayJul 06, 2022 12:25 pm

NetworkNewsBreaks – PIXELYNX Announces Veteran Gaming, Creative and Music New Hires

PIXELYNX, the music metaverse(TM) platform founded by groundbreaking electronic musicians and technology visionaries Joel Zimmerman aka deadmau5 and Richie Hawtin aka Plastikman, today announced several new hires made up of veterans in the gaming, creative and music industries. In addition to the new hires, PIXELYNX also welcomes Richard Sanders as group strategy advisor, a key member of the PIXELYNX Advisory Board. “All five new PIXELYNX hires, along with Richard Sanders, bring with them crucial skills and forward-thinking approaches to technology, gaming, Web3, music and business,” said PIXELYNX Co-founder and CEO Inder Phull. “With their many years of experience working for…

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WednesdayJul 06, 2022 12:16 pm

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) to Participate in Upcoming Emerging Growth Conference

Pressure BioSciences (OTCQB: PBIO), a leader in the development and sale of innovative, broadly enabling, pressure-based instruments, consumables, and specialty testing services to the worldwide life sciences, nutraceuticals, cosmetics, food and beverage, and other key industries, will be presenting at the July 6, 2022, Emerging Growth Investor Conference. This elite event features rapidly growing public companies; each company presents a 30–45-minute overview to those in attendance. PBIO president and CEO Mr. Richard T. Schumacher will represent Pressure BioSciences at the event; his presentation, which will include a Q&A session, is slated to begin at 10:30 a.m. ET. The presentation will…

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WednesdayJul 06, 2022 12:07 pm

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Results of Annual Meeting of Shareholders, Board Appointment of Brandon Konigsberg

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, today announced that the company’s shareholders voted in favor of all of the proposals submitted for their approval at Flora’s July 5 annual meeting. In addition to the re-election of the company’s six incumbent directors, shareholders also elected Brandon Konigsberg to serve on the board. Further to his responsibilities as a board member, Konigsberg will serve as chair of the audit committee and as a member of the compensation committee. “The addition of Mr. Konigsberg to our board is further testament to our ongoing…

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TuesdayJul 05, 2022 1:16 pm

NetworkNewsBreaks — Cilicon Announces New Partner Program to Offer Variety of Support for Cannabis Vaporizer Enterprises

Cilicon, a leading, globally trusted, product-solution provider of cannabis vape technology and manufacturing, has launched its Cilicon Partner Program. The program is a flexible, collaborative distributor partnership designed to support cannabis vaporizer enterprises in a variety of ways, including developing and expanding product offerings, upgrading product performance, expediting product delivery cycles and reducing product inventory costs. The program is open to all cannabis enthusiasts interested in the marijuana vaporizer market, and the company has started to accept cannabis vape hardware distributors of different regions, sizes, levels and needs to further expand the supply market for cannabis vaporizers. “The cannabis vape…

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TuesdayJul 05, 2022 12:27 pm

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) to Present at 34th Emerging Growth Conference

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, is presenting in the 34th Emerging Growth Conference. At the event, slated to take place on July 6, 2022, PBI’s president and CEO Richard T. Schumacher will deliver a keynote speech starting at 10:30 a.m. ET. Interested parties should visit https://nnw.fm/pJNrg to register for the event, after which attendees will receive an email containing the link and time to sign into the conference. Questions for presenting companies may be submitted in advance to [email protected]…

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TuesdayJul 05, 2022 12:20 pm

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Eliminates $17.5M in Debt, in Best Financial Health in Company History

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has eliminated $17.5 million in company debt, resulting in a reduction of debt from more than $30 million last year to an estimated $11 million currently. The eliminated debt was related to a secured convertible promissory note with DBI Lease Buyback Servicing LLC, an affiliate of Drawbridge Investments LLC. The announcement noted that the company is committed to strengthening its overall financial balance sheet and currently is in the best financial health in its history. “We continue to make great progress on our overall company financial health,” said Mullen Automotive CEO…

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FridayJul 01, 2022 10:38 am

NetworkNewsBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) Announces AGM Results, Shareholder Update

Hillcrest (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F), a clean tech company developing transformative power conversion technologies and control solutions, has announced the results of voting at its annual general meeting (“AGM”) held Wednesday, June 29, 2022. According to the update, shareholders overwhelmingly voted in favour of all items put forward by the board of directors and management. In addition, Hillcrest’s current seven-member board, consisting of David Farrell, Donald J. Currie, Michael Moskowitz, Kylie Dickson, Mike Krzus, Robert Lambert and Thomas G. Milne, have all been re-elected. Upon conclusion of this year’s AGM, Michael Krzus stepped down as executive chair of…

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ThursdayJun 30, 2022 2:11 pm

NetworkNewsBreaks – Cadre Holdings Inc. (NYSE: CDRE) Closes $94M Underwritten Public Offering

Cadre Holdings (NYSE: CDRE), a global leader in the manufacturing and distribution of safety and survivability equipment for first responders, has closed an underwritten public offering of 4,000,000 shares of its common stock, which includes 2,250,000 primary shares of common stock by the company and 1,750,000 secondary shares of common stock by certain selling stockholders. The shares were sold at a public offering price of $23.50 per share. The company has also granted the underwriters a 30-day option to purchase up to an additional 600,000 shares of its common stock. Cadre intends to use the net proceeds to reduce outstanding…

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ThursdayJun 30, 2022 1:55 pm

NetworkNewsBreaks – BIT Mining Limited (NYSE: BTCM) Announces Closing of US$16M Registered Direct Offering, to Improve Efficiency at Ohio Mining Site

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, today announced the closing of its registered direct offering with certain institutional investors. The registered direct offering consisted of the purchase and sale of 16,000,000 of the company's American Depositary Shares (“ADSs”) (or pre-funded warrant to purchase certain ADSs (“ADS Equivalent”) in lieu thereof), Series A Warrants to purchase up to an aggregate of 16,000,000 ADSs and Series B Warrants to purchase up to an aggregate of 16,000,000 ADSs, at a combined purchase price of US$1.00 per ADS (or ADS Equivalent) and associated warrants. Each ADS represents ten Class A…

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ThursdayJun 30, 2022 1:33 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Expects to Report >$61M in Cash, Cash Equivalents After Significantly Strengthening Balance Sheet

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it expects to report in excess of $61 million in cash and cash equivalents on June 30, 2022, after having significantly strengthened its balance sheet over the quarter-ending June 30, 2022. In the update, Mullen restated previously released highlights, including recent delivery of its first EV van under a pilot program to a telecommunications provider in the southeastern part of the U.S., payoff of a secured convertible promissory note executed on July 23, 2020, with DBI Lease Buyback Servicing LLC, as well as the company’s addition to…

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