News Archives - Page 779 of 1731

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…

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…

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…

ThursdayJun 30, 2022 1:19 pm

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Signs LOI Outlining Minority Stake Acquisition of Cannabis Cultivation Property

Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis sector, has taken steps toward a 40% acquisition of the business and associated property known as RMI Ventures (d/b/a Jerusalem Grade Farm). SGMD signed a letter of intent (“LOI”) agreeing to complete a definitive acquisition agreement that would make Sugarmade a minority owner of RMI Ventures with 40% control of RMI Ventures equity; SGMD anticipates pursuing the acquisition of additional equity in RMI Ventures next year. According to the announcement, Sugarmade intends to leverage the turnkey operation to fulfill its recently announced collaborative cannabis cultivation contract with Cannabis Global…

ThursdayJun 30, 2022 1:13 pm

NetworkNewsBreaks – Sycamore Entertainment Group Inc. (SEGI) Engages IBN for Corporate Communications Expertise

Sycamore Entertainment Group (OTC: SEGI), a diversified entertainment company, today announced that it has selected the corporate communications expertise of IBN, a multifaceted financial news and publishing company for private and public entities. Through its wholly owned subsidiary SEGI.TV, Sycamore’s streaming experience is built on the pillars of equality, sustainability and community, offering movies and television programming for a diverse audience – all without a subscription fee. As part of the client partner relationship, IBN will leverage its investor based distribution network of 5,000+ key syndication outlets, various newsletters, social media channels, wire services via InvestorWire, blogs and other outreach…

ThursdayJun 30, 2022 1:09 pm

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Announces Participation in Upcoming Webinar Focused on Revolutionizing Development of Plant-Based Food Products

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 food and beverage, biotherapeutics, and personal wellness industries, will e participating in a June 30 webinar sponsored by FORCE Family Office. Titled “Revolutionizing the Development of Plant-Based Food Products,” the real-time, interactive event will provide information about PBIO’s three pressure-based technology platforms, with an emphasis on the company’s Ultra Shear Technology(TM) (“UST”) platform. The company is inviting investors, analysis and advisors to attend the presentation, which will include a question-and-answer segment. The webinar is scheduled…

ThursdayJun 30, 2022 1:02 pm

NetworkNewsBreaks – Delic Holdings Corp.’s (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0) KWC Launches Ketamine Wellness Integrative Therapist Directory

Ketamine Wellness Centers (“KWC”), the largest ketamine therapy provider in the U.S. and a subsidiary of Delic Holdings (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0), today officially launched the Ketamine Wellness Integrative Therapist Directory. According to the update, the comprehensive resource will connect KWC patients with qualified mental health practitioners who can help them process and integrate the benefits of ketamine therapy into their everyday life. “Ketamine therapy is a rapidly growing medical field demonstrating promising results, but many patients overlook the importance of continuous cognitive therapy after their ketamine treatments to maximize the outcomes,” said Kevin Nicholson, CEO of KWC…

ThursdayJun 30, 2022 12:50 pm

NetworkNewsBreaks – LQwD Fintech Corp. (TSX.V: LQWD) (OTC: LQWDF) Expands Coverage Routes by Adding 17 New Routing Nodes

LQwD Fintech (TSX.V: LQWD) (OTC: LQWDF), a company focused on building infrastructure on the Bitcoin Lightning Network global micropayment system, has launched 17 new international routing nodes on Lighting Network. The company’s international routing nodes now include Japan, England, Canada, US-West, France, Italy, Indonesia, Bahrain, South Africa, South Korea, Sweden, Singapore, Brazil, Germany, India, Ireland and Hong Kong. According to the announcement, these new nodes put LQwD in a position to secure future routing fees in the growing global payments network. The company noted that it is seeing consistent upward trends, a 138% increase in total network capacity since last year at this same time. With other enterprises and exchanges such as Kraken, Robinhood,…

WednesdayJun 29, 2022 2:10 pm

NetworkNewsBreaks – Industrial Nanotech Inc. (INTK) Announces Update Regarding Supply Chain Issue

Industrial Nanotech (OTC: INTK), a global nanoscience solutions and research leader, today announced resolution of a major recent supply chain issue. “One of our top selling products for major industrial customers is EPX-H2O. This is what companies like Exxon and Nestle and industries like the railroad industry and chemical manufacturing use,” said Stuart Burchill, CEO of Industrial Nanotech. “Very recently we were informed that a key resin used in EPX-H2O was not available in inventory and would no longer be manufactured and we had to halt production. This impacted Q2 2022 revenue and, as required, we promptly informed our shareholders…

WednesdayJun 29, 2022 12:37 pm

NetworkNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Issues Update on Montana-Based Bitcoin Mining Operations

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, has disclosed that, as a result of a storm that passed through Hardin, Montana, earlier this month, the company’s mining operations in the region are currently without power and likely to remain offline until the damaged power generating facility can be repaired. Based on the latest inspection reports, Marathon’s Montana-based miners may have sufficient power to come back online in a reduced capacity as early as the first week of July. “The severe storm in Montana unexpectedly decreased our hash rate in June and presented us…

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