Breaks Categories: News

FridayDec 09, 2022 12:03 pm

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces $5M Registered Direct Offering

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, today announced its entry into securities agreements with institutional investors for the purchase and sale of 12,500,000 of the company’s common shares, pursuant to a registered direct offering, and warrants to purchase up to 12,500,000 common shares. According to the update, the combined purchase price for one common share and one warrant will be $0.40. Aggregate proceeds from the offering will be approximately $5.0 million, from which the company expects to use net proceeds for capital expenditures, to increase operating capacity, as well as…

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FridayDec 09, 2022 11:28 am

NetworkNewsBreaks – MetAlert Inc. (MLRT) Featured in ‘Stocks to Watch’ by Markets Herald

MetAlert (OTC: MLRT) is a pioneer in location-sensitive health monitoring devices and wearable technology products for remote patient monitoring. The company was featured in a “Stocks to Watch” report published by Markets Herald, which offers current market trends and analysis across various sectors. “MetAlert (OTC: MLRT) took a significant step forward in the fourth quarter of 2022 by eliminating all toxic convertible notes from its balance sheet,” the publication reads. “This move, along with improved guidance to operations, provides investors with increased stability to the public float. In addition, MetAlert is launching new medical devices geared toward the geriatric and…

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FridayDec 09, 2022 10:24 am

NetworkNewsBreaks – BiondVax Pharmaceuticals Ltd. (NASDAQ: BVXV) Featured in Investment Research Report

BiondVax (NASDAQ: BVXV), a biotechnology company focused on developing, manufacturing and commercializing innovative immunotherapeutic products primarily for the treatment of infectious and autoimmune diseases, was featured in a recent report published by Zacks Small-Cap Research. In the report, Zacks valued BVXV at $57.00/ADS. The publication reads, “On November 30, 2022, BiondVax Pharmaceuticals Ltd. (BVXV) announced financial results for the third quarter of 2022 and provided a business update. The company recently announced positive preclinical results for its inhaled COVID-19 therapy. Using the industry-standard hamster model for COVID-19 therapeutics, results showed that hamsters treated with BiondVax’s NanoAb therapy had significantly (P<0.001)…

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FridayDec 09, 2022 10:03 am

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Former General Motors Federal Government Sales Leader as New GM of Government Sales

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has hired Ronal Dixon as its general manager of government sales; Dixon will focus on U.S. government vehicle procurement programs. With more than four decades of experience, Dixon has an impressive resume, including serving for more than 20 years as a leader on General Motors’ Federal Government Fleet Sales Team, responsible for all aspects of bidding, contract approvals and price negotiations; over the course of his career, Dixon was responsible for selling more than 500,000 units to the U.S. federal government. The strategic hire aligns with Mullen’s 100% EV product…

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ThursdayDec 08, 2022 12:07 pm

NetworkNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Announces Q3 2022 Financial Results

Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York City, has announced its unaudited financial results for the third quarter ended Sept. 30, 2022. Among the highlights, the company reported $9.1 million in bitcoin mining revenue for the third quarter and $164.7 million in total assets as of Sept. 30, 2022. “We are pleased to report that Bit Digital produced 429 bitcoin during the third quarter of 2022, representing sequential growth of over 115% over the second quarter. This growth highlights our continued progress as our active hash rate increased to 1.35 EH, compared to 0.75…

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ThursdayDec 08, 2022 11:58 am

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) CEO Discusses MaaS Business Model, Massive Opportunity on ‘The Shrimp Tank’

Knightscope’s (NASDAQ: KSCP) CEO and Chairman William Santana Li recently appeared on The Shrimp Tank, a podcast series featuring proven entrepreneurs and business leaders discussing how to start, grow and run a successful business. Li joined the program’s hosts, Lee Heisman and Ted Jenkin, to discuss Knightscope’s Machine-as-a -Service (“MaaS”) business model and how the company is using it to improve security while streamlining costs. “Technology can have a massively positive impact on society. Crime has a $2 trillion negative economic impact on the U.S. every single year. What we’ve been doing at Knightscope for almost 10 years is building…

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ThursdayDec 08, 2022 11:48 am

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Releases Preliminary Results from Berubicin Trial

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, has released data from its ongoing trial evaluating Berubicin for the treatment of recurrent glioblastoma multiforme (“GBM”). The data was presented at the annual meeting for the Society for Neuro-Oncology. Those results indicate that enrolled patients have comparable demographics, including age, gender, race, BSA and KPS; in addition, the percentage of patients continuing on study or having withdrawn is comparable between arms. “Although data are still early, we are pleased with these results in terms of…

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ThursdayDec 08, 2022 11:10 am

NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) to Showcase Innovative Lidar Solutions at CES 2023

Cepton (NASDAQ: CPTN), a Silicon Valley innovator of high-performance lidar solutions, today announced additional details around its plans for the upcoming CES 2023, slated to be held in Las Vegas, Nevada, from Jan. 5-8, 2023. According to the update, Cepton’s booth (No. 5553, LVCC – West Hall) will feature a Chevy Silverado and a Ford F-150 equipped with the company’s latest vehicle integration solutions. “Developing cutting-edge lidar technology is one thing, but making it usable for consumer vehicles is another,” said Cepton’s CEO and Co-Founder Dr. Jun Pei. “Integrating lidars into everyday passenger cars is more challenging than it seems,…

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ThursdayDec 08, 2022 10:57 am

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Auto Veteran as New VP of Commercial Sales

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced that Donald Borthwick, previously head of western sales for Ford, will be its new vice president of commercial sales. With more than two decades of commercial vehicle sales experience with Ford, Borthwick has amassed an impressive track record. He grew the company’s west region commercial vehicle sales by 18% during his time there while also  achieving regional volume and margin leadership annually. He acquired and developed strategic relationships with key, high-volume accounts from an array of sectors, including consumer retail, food service and package delivery while also securing…

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ThursdayDec 08, 2022 10:30 am

NetworkNewsBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) Leveraging ZVS Prototype to Facilitate Entry into Grid-Tied Applications

Hillcrest (CSE: HEAT) (OTCQB: HLRTF) is a clean tech company developing transformative power conversion technologies and control system solutions for next-generation electrical systems. The company today announced that, with completion of its first Zero Voltage Switching (“ZVS”) inverter commercial prototype, it is accelerating its development activities around grid-tied power conversion technologies. Hillcrest is developing the necessary firmware and hardware to deploy its ZVS inverter technology into various applications, including renewable energy generation, storage, vehicle-to-everything (“V2X”) and EV charging infrastructure. “Our ZVS inverter technology is intentionally designed to be decoupled from the power control system, making our firmware agnostic to specific…

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