Breaks Categories: News

TuesdayAug 02, 2022 12:26 pm

NetworkNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Expands Credit Facilities to Add Capacity, Optionality in Financing Future Growth

Marathon Digital Holdings (NASDAQ: MARA) is a leader in supporting and securing the bitcoin ecosystem. The company has expanded its credit facilities with Silvergate Bank, the leading provider of innovative financial infrastructure solutions to the digital currency industry, by refinancing its existing $100 million revolving line of credit and adding an additional $100 million term loan on July 28. “We are pleased to be closing on these debt facilities and believe that the combination of a term loan and revolver provide Marathon with exceptional flexibility as to our funding options,” said Hugh Gallagher, Marathon’s CFO. “With these facilities in place,…

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TuesdayAug 02, 2022 12:21 pm

NetworkNewsBreaks – Aditxt Inc. (NASDAQ: ADTX) Featured in Bell2Bell Podcast

Aditxt (NASDAQ: ADTX) was featured in the Bell2Bell Podcast, a part of IBN’s (InvestorBrandNetwork) sustained effort to provide specialized content distribution via widespread syndication channels. Amro Albanna, co-founder, chairman and CEO of Aditxt, joined the latest episode to provide an overview of the company and discuss its business model. “We are a biotech innovation company, and our focus is on immune diseases. The reality is that immune diseases are caused either by someone having too little immune response or too much immune response,” Albanna said. “When you have too little immune response and you’re dealing with COVID-19, we all understand…

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TuesdayAug 02, 2022 11:38 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Enters Joint Venture with Colombia’s Largest Indigenous Tribe

Flora (NASDAQ: FLGC) is a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands. The company today announced a joint venture agreement with Pharma Indigena Misak Manasr Sas (“Manasr”), the largest indigenous tribe in Colombia, on the development of cultivation best practices, manufacturing, export, and marketing of cannabis and cannabis containing products. “We are honored to be given opportunity to work hand-in-hand with the Misak people,” said Luis Merchan, Flora’s chairman and CEO. “Through this partnership, we will collaborate with the tribe on the processing and distribution of their Colombian-grown cannabis while offering Manasr a powerful platform…

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MondayAug 01, 2022 11:17 am

NetworkNewsBreaks — Cepton Technologies Inc. (NASDAQ: CPTN) Names Industry Veteran as New COO

Cepton Technologies (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance Micro Motion Technology(RM) (“MMT”) lidar solutions, has appointed Dr. Liqun Han as chief operating officer, a newly created role with responsibilities over the company’s product development and operations team. Han, a proven industry veteran, will continue to be in charge of the company’s flagship ADAS lidar program and will oversee and Cepton’s growing presence across automotive and smart infrastructure markets. Han joined Cepton in 2016 and has served as both vice president and senior vice president of operations, where he has led product development, commercialization and operational excellence teams;…

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MondayAug 01, 2022 11:07 am

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Opens New Automotive EV Development Center in California

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has opened a new 16,000-square-foot automotive development center; the center is located in the center of the technology corridor of Irvine, California, and near the Irvine Spectrum Center. According to the announcement, as the company sees continued growth, it is strategically dividing its automotive teams between the new Irvine location and the existing MULN facility in Monrovia. The Irvine Automotive Development Center will house Mullen’s engineering design and development, styling, program management, marketing and finance teams, with Monrovia being home base for the company’s battery, powertrain, thermal and infotainment teams.…

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MondayAug 01, 2022 10:48 am

NetworkNewsBreaks – Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0) Announces Completion of Debenture Offering

Delic Holdings (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0), a leader in new medicines and treatments for a modern world, has completed the sale of 1,240 units, with each unit consisting of one 4% senior secured $1,064 ‎principal amount convertible debenture and 16,369 share purchase warrants. The sale, which was resulted in gross proceeds of $1,240,000 for the company, was completed on July 27, 2022. According to the announcement, the principal amount and accrued but unpaid interest on each debenture is ‎convertible into common shares of the company; that conversion is done at the option of the holder at any ‎time following the…

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FridayJul 29, 2022 1:40 pm

NetworkNewsBreaks – Cub Crafters Inc. Gleans Enthusiastic Response to Anticipated Public Offering

Cub Crafters (typically styled CubCrafters), the leading designer and manufacturer of light-sport, experimental and Part 23 certified backcountry aircraft, announced at the Experimental Aviation Association’s annual AirVenture fly in and trade show, that it would invite outside investment for the first time in its 42-year history. Advised by Manhattan Street Capital, CubCrafters intends to offer preferred stock to its fans, customers, aviation enthusiasts, and the general public for a price of just $5 per share, with a minimum investment of only $400. “It’s always great to be here at EAA AirVenture,” said Patrick Horgan, CubCrafters’ president and CEO. “We couldn’t think…

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FridayJul 29, 2022 10:57 am

NetworkNewsBreaks – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Schedules Q2 2022 Earnings Release, Conference Call

Stronghold (NASDAQ: SDIG) has announced that it will host a conference call at 5:00 p.m. ET on Thursday, Aug. 11, to discuss its operations and financial results for the second quarter ended June 30, 2022. According to the update, a press release detailing the results will be issued after the close of trading on the same day. The call will feature prepared remarks by Stronghold management, followed by a question-and-answer period. Interested parties may join the conference call by dialing 1-646-307-1963 (U.S.) or 1-800-715-9871 (international) and entering conference ID: 4275661. The event will be broadcast live and available for replay…

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FridayJul 29, 2022 10:42 am

NetworkNewsBreaks – Nuvus Gro Corp. (NUVG) Announces Name Change to Music Licensing Inc.

Nuvus Gro Corp. (OTC: NUVG) today announced its name change to Music Licensing Inc. According to the update, the change comes ahead of the acquisition of Pro Music Rights Inc., one of the world’s largest music licensing companies. Additional detailed information will be disclosed via regulatory filing(s) and press release(s). To view the full press release, visit https://nnw.fm/l0ASx About Pro Music Rights Inc. Pro Music Rights is the fifth public performance rights organization (“PRO”) ever formed in the United States. Its licensees include notable companies like TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and hundreds of others. Pro Music Rights…

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FridayJul 29, 2022 10:33 am

NetworkNewsBreaks – Greenland Technologies Holding Corporation’s (NASDAQ: GTEC) GEL-5000 Featured in Syndicated Broadcast

Greenland Technologies (NASDAQ: GTEC), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced that it was featured in a broadcast via NetworkNewsAudio (“NNA”), a solution that delivers additional visibility, recognition and brand awareness in the investment community via distribution to thousands of syndication points. The audio news release shines the spotlight on the company’s recent announcement of availability of its latest electric industrial vehicle, the GEL-5000, under its new clean industrial heavy equipment brand, HEVI. “We are really proud of our GEL-5000, which builds upon our impressive track record…

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