Breaks Categories: News

WednesdayApr 06, 2022 1:10 pm

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) Shares Update on Corporate Activity

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a life-sciences holding company dedicated to building a portfolio of assets and biotech solutions, has provided updates on four key issues. The updates noted that FSD Pharma has appointed industry leaders Jason Sawyer and Dr. Ravinder Kumar to its advisory board and has been working to expand its team at all levels to synergize its operations; those efforts include appointing Dr. Andrzej Chruscinski as associate vice president of clinical affairs; Kevin Cassidy as vice president of quality systems; and Dr. Oksana Akhova as director, licensing, partnership and IP. In addition, FSD Pharma…

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WednesdayApr 06, 2022 1:06 pm

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Secures Approval from France EC and ANSM Competent Authority for Potentially Pivotal Study of Berubicin

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 (“CNS”), today announced its receipt of approval from the National Agency for the Safety of Medicine and Health Products (“ANSM”) Competent Authority and from the People Protection Ethics Committee (“EC”) SUD-EST III (“CPP Sud-Est III”) in France for the company's potentially pivotal study of Berubicin for the treatment of recurrent glioblastoma multiforme (“GBM”), one of the most aggressive types of brain cancer. “Access to patients is the lifeblood of any clinical study and this…

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WednesdayApr 06, 2022 12:56 pm

NetworkNewsBreaks – Save Foods Inc. (NASDAQ: SVFD) (FSE: 80W) Releases Letter to Stockholders

Save Foods (NASDAQ: SVFD) (FSE: 80W), an agri-food tech company specializing in eco crop protection that helps reduce food waste and ensure food safety, published a letter to its stockholders from CEO David Palach. “We achieved multiple significant milestones in 2021, successfully transitioning Save Foods from a research and development focused organization to a commercial enterprise, fueled by the transformational May 2021 listing of our common stock on the Nasdaq Capital Market through an initial public offering that raised gross proceeds of $12 million. Even though we were an R&D focused company for much of 2021, and despite ongoing travel…

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WednesdayApr 06, 2022 12:43 pm

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) to Participate in Upcoming Benzinga Psychedelics Capital Conference

Cybin (NEO: CYBN) (NYSE American: CYBN), a biopharmaceutical company focused on progressing Psychedelics to Therapeutics(TM), will be represented at the Benzinga Psychedelics Capital Conference. The premier event is scheduled for April 19, 2022, and will be held in Miami Beach, Florida. Cybin CEO Doug Drysdale will present a fireside chat and will also be a member of a panel discussion. Drysdale’s chat is slated to start at 1:10 p.m. ET. The panel discussion, which is titled “Short, Medium, and Long Term Catalysts in Psychedelics,” is scheduled for 3:10 p.m. ET. Archives versions of both events will be available on the company’s…

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WednesdayApr 06, 2022 12:02 pm

NetworkNewsBreaks – GreenBox POS (NASDAQ: GBOX) Finalized ‘Momentous’ Transact Europe Acquisition

GreenBox (NASDAQ: GBOX), an emerging and rapidly growing fintech company, has completed its acquisition of Transact Europe Holdings (“TEU”). According to the company, the $28 million purchase price was substantiated by the value of Transact Europe’s business volume, strategic licenses, systems and personnel. An EU-regulated electronic money institution, TEU is headquartered in Sofia, Bulgaria, and holds an array of valuable licenses, including principal level membership of Visa, worldwide membership of MasterCard and principal membership of China UnionPay. “This acquisition is a momentous triumph for us, representing the most significant asset to date for GreenBox, allowing us to propel forward as a…

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TuesdayApr 05, 2022 3:53 pm

NetworkNewsBreaks – AROYA Reports Record Adoption of Its End-to-End Cannabis Production Platform

AROYA, a METER Group company, achieved record growth in 2021, exceeding $10 million in revenue from sales of its end-to-end cannabis production platform. Within the cannabis industry, demand is spiking for cultivation and production platforms like AROYA, which utilize sensors, software and data analytics. AheadInsight analysts project continued exponential growth of the cannabis technology industry at a 33.17% CAGR to reach $107.67 billion by 2025. AROYA has grown steadily over the past three years, extending its footprint across the U.S. To date, the company’s client base has grown to over 400 -- including some of the industry’s largest multistate operators…

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TuesdayApr 05, 2022 3:48 pm

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Announces Q4 and Fiscal Year 2021 Results, Provides Business Update

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, today announced financial results for the fourth quarter and fiscal year ended Dec. 31, 2021. The company also provided a business update and offered guidance on its strategic changes and growth acceleration planned for FY 2022. “The PCT and BaroFold technologies have provided important early opportunities for commercial traction, as PBI forged scientific understanding and acceptance for its high-pressure platforms,” Jeffrey N. Peterson, chairman of the PBI board, said in the press release. “Building…

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TuesdayApr 05, 2022 3:41 pm

NetworkNewsBreaks – South Star Battery Metals Corp. (TSX.V: STS) (OTCQB: STSBF) Announces ‘Next Cornerstone’ Toward World-Class Graphite Production

South Star (TSX.V: STS) (OTCQB: STSBF) has announced its entry into a binding streaming agreement with Sprott Resource Streaming and Royalty Corp (“SRSR”) for a total cash consideration of up to US$28 million as prepayment for graphite concentrates from the Santa Cruz Graphite Project in Brazil. According to the announcement, South Star will act as sales agent for SRSR on the percentage of production subject to the agreement. “We are delighted to have a long-term strategic partner like Sprott,” Richard Pearce, CEO of South Star, said in the press release. “This financing delivers excellent value for South Star shareholders by…

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TuesdayApr 05, 2022 2:39 pm

NetworkNewsBreaks – LifeSpeak Inc. (TSX: LSPK) Completes Strategic Acquisition of Wellbeats Inc.

LifeSpeak (TSX: LSPK), the leading mental health and total wellbeing platform for employers, health plans and insurance companies, has completed the acquisition of U.S.-based Wellbeats for up to US$92.5 million. According to the update, this is LifeSpeak’s fourth acquisition since its IPO in July of 2021. A Minnesota-based market-leading provider of an on-demand, software-as-a-service (“SaaS”) physical wellbeing platform, Wellbeats serves a diverse base of 400+ U.S. and international enterprise clients. The acquisition supercharges LifeSpeak’s ability to meet rapidly growing demand for a comprehensive, single-vendor solution to meet mental and physical health support needs. For more information, visit https://nnw.fm/1rWh5 About LifeSpeak…

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TuesdayApr 05, 2022 2:35 pm

NetworkNewsBreaks – 1Konto Completes Capital Raise to Fund Launch of Agency Execution Service

1Konto, a digital asset and FX focused broker connecting the fragmented market and providing broker dealers, OTC desks and hedge funds with access to multiple exchanges through one account, today announced the completion of a successful capital raise. According to the announcement, the combination of angel and seed funding totaled more than $3.8 million. 1Konto intends to use the proceeds to fund its upcoming agency execution service, slated for release in the second quarter of this year. “We first completed a previously unannounced angel round, which raised $875,000, and then we completed an additional $3 million in seed funding. The…

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