Breaks Categories: News

WednesdayAug 10, 2022 10:20 am

NetworkNewsBreaks – DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Reports Q2 2022 Financial Numbers, Corporate Update

DoubleDown Interactive (NASDAQ: DDI), a leading developer and publisher of digital social casino games, has released its second-quarter 2022 financial report for the period ending June 30, 2022. Highlights of the report indicate that revenues for the company decreased from $93.2 million in the second quarter of 2021 to $80.6 million in the Q2 2022. The report also noted that operating costs increased from $71.5 million in Q2 2021 to $128.6 million in the second quarter of 2022; this was due to a $71.5 million noncash accrual that was included in general and administrative expenses. In addition, adjusted EBITDA showed…

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TuesdayAug 09, 2022 3:52 pm

NetworkNewsBreaks – Sustain Southern California (“Sustain SoCal”) Working with IBN to Increase Awareness of Water Solutions 7 Conference

Sustain SoCal has selected InvestorBrandNetwork (“IBN”) as a media sponsor for its upcoming Water Solutions 7 Conference. An innovative corporate communications firm and content distributor, IBN will collaborate with Sustain SoCal to heighten the visibility of the conference. Water Solutions 7 is scheduled for Thursday, Aug. 25, 2022; the conference will run from 1–5 p.m. PT with an expo and reception slated for 5–7:3- p.m. PT. All events will be held in person at UCI Beall Applied Innovation in Irvine, California. The Water Solutions Conference series is designed to showcase the need to research, develop and market real-life strategies and…

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TuesdayAug 09, 2022 2:13 pm

NetworkNewsBreaks – Mobiv Acquisition Corp. (NASDAQ: MOBVU) Announces Closing of IPO and Exercise of Full Over-Allotment Option

Mobiv Acquisition Corp. (NASDAQ: MOBVU) has announced the closing of its initial public offering of 8,700,000 units at $10.00 per unit. According to the update, each unit consists of one share of Class A common stock and one redeemable warrant. Each warrant entitles the holder to purchase one share of Class A common stock, each at a price of $11.50. The underwriters exercised their over-allotment option in full for an additional 1,305,000 units on Aug. 4, 2022, and the over-allotment option was closed with the offering. Aggregate gross proceeds to Mobiv, including the over-allotment, total $100,050,000, prior to deducting underwriting…

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TuesdayAug 09, 2022 1:19 pm

NetworkNewsBreaks – SPYR Inc. (SPYR) Launches World’s Smallest IoT Tracking Device

SPYR (OTCQB: SPYR), a diversified technology company developing products and leveraging the Internet of Things (“Iot”) for consumer use and large-scale applications and industries, and its subsidiary GeoTraq, have unveiled the Micro-Tracker(TM) Modem, the world’s smallest IoT tracking device. The new device blends miniscule size — it’s the size of a postage stamp — with unparalleled compatibility and reporting abilities. The device can be attached to or inserted inside an unlimited array of devices, assets, packages, equipment and power tools to provide location information. In addition, the Micro-Tracker features state-of-the-art technology designed to offer global connectivity along with cellular location technology; in…

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TuesdayAug 09, 2022 1:14 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Preliminary Q3 Results

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced preliminary third-quarter results. According to the update, in addition to recent highlights and successes for the company and its EV programs, Mullen is in a strong financial position, with approximately $99 million in cash and cash equivalents on hand as of Aug. 8, 2022. Among the highlights, the company reported asset growth of 391% and positive working capital of $27,656,446. “It’s an exciting and pivotal time for Mullen as we continue to experience exceptional growth,” said David Michery, CEO and chairman of Mullen Automotive. “We’ve been focused on…

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TuesdayAug 09, 2022 12:50 pm

NetworkNewsBreaks – Odyssey Health Inc.’s (ODYY) Dr. Jacob VanLandingham, Brett Favre Featured in ‘Get Authentic’ Podcast

Odyssey Health (OTC: ODYY), a company focused on developing unique, life-saving medical products, was featured in a recent episode of Get Authentic with Marques Ogden, a podcast series delivering honest, unfiltered and real-time stories from legendary athletes and industry leaders. NFL Hall of Famer Brett Favre and Dr. Jacob VanLandingham, head of drug development for Odyssey Health, joined the program, where Dr. VanLandingham discussed the unique selling proposition of Odyssey’s development pipeline. Favre also discussed the last days of his NFL career and his focus as a member of Odyssey’s sports advisory board. “My last play [in the NFL] was…

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TuesdayAug 09, 2022 12:39 pm

NetworkNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Announces Board Appointment, Changes

InMed Pharmaceuticals (NASDAQ: INM), a leader in the research, development, manufacturing and commercialization of rare cannabinoids, today announced the appointment of Nicole Lemerond to its board of directors, effective immediately. Lemerond is a financial executive with over 25 years of experience in investment management, private equity, investment banking and leveraged finance. Throughout her career, she has established and led health care groups at leading investment firms and has also worked at several large financial institutions, including Lehman Brothers and The Carlyle Group. Concurrent with Lemerond’s appointment, Adam Cutler has decided to transition off the board of directors. Cutler has served…

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TuesdayAug 09, 2022 11:55 am

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Unveils Equity Program, Releases Q1 Financial Report

Cybin (NEO: CYBN) (NYSE American: CYBN), a biopharmaceutical company focused on progressing Psychedelics to Therapeutics(TM), has announced an at-the-market equity program allowing the company to issue and sell up to $35 million of common shares. According to the announcement, the shares can be sold “from time to time” through the Neo Exchange, the NYSE American LLC or any other “marketplace” upon which the shares are listed, quoted or traded, at the prevailing market price at the time of sale. The company anticipates using any proceeds from the sales of these shares for growth opportunities and working capital initiatives. In addition, Cybin…

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TuesdayAug 09, 2022 10:14 am

NetworkNewsBreaks — Cepton Technologies Inc. (NASDAQ: CPTN) Releases Q2 2022 Financial Report, Corporate Update

Cepton Technologies (NASDAQ: CPTN) is reporting its financial results for the second quarter 2022, the period ended June 30, 2022; the report also included business updates for the Silicon Valley innovator and leader in high-performance Micro Motion Technology(RM) (“MMT”) lidar solutions. Highlights of the report included news of CPTN’s OEM Series production execution, including continued ramp of D-sample shipments for end delivery to multiple OEM vehicle manufacturing plants across multiple states as well as the completion of a lead-OEM site audit of the company’s Japan manufacturing facility; in addition, the report noted that Cepton has selected Fabrinet as key submodule supplier…

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MondayAug 08, 2022 1:49 pm

NetworkNewsBreaks – Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) (FRA: 6BC0) Announces Advisory Board Appointment, Expansion of Credit Facilities

Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) (FRA: 6BC0), a publicly-traded investment company, today announced its appointment of Dr. Bernhard van Lengerich to its advisory board to assist management with investment insight and general corporate strategy related to the company’s plant-based investment portfolio. Dr. Bernhard van Lengerich holds a PhD in food/biotechnology from the Technical University of Berlin, Germany, and has served in senior leadership positions at some of the largest food and food tech companies in the world, including General Mills, RJR Nabisco, Unilever, Beyond Meat and the Buehler Group. “We are honored to welcome Bernhard to Eat…

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