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TuesdayDec 29, 2020 11:05 am

NetworkNewsBreaks – Cambium Networks Corporation (NASDAQ: CMBM) Announces $70 Million Secondary Follow-On

Cambium Networks (NASDAQ: CMBM), a provider of wireless networking infrastructure solutions, announced that it has closed an underwritten secondary public offering of 2,500,000 ordinary shares. The shares were sold at $28 per share, and the public offering resulted in approximately $70 million gross proceeds. The shares were sold by Vector Cambium Holdings L.P., which is owned by Vector Capital and certain of its affiliates. In addition to selling the public offering shares, Vector Capital granted the underwriters a 30-day option allowing the  purchase of an additional 375,000 ordinary shares at the public offering price; that price would be less underwriting…

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TuesdayDec 29, 2020 10:44 am

NetworkNewsBreaks – ev Transportation Services Inc. (‘evTS’) Announces Strategic Board Appointments

ev Transportation Services (“evTS”), a specialty vehicle manufacturer focused on the essential services transportation and urban mobility markets, today announced the appointments of Shelley Berkley and Gary Herman to the company’s board of directors, effective immediately. Berkley served for three decades in Nevada state government and on Capitol Hill and brings a wealth of legislative and governmental regulatory experience. Herman is a seasoned investor with many years of investment and advisory experience. "We are pleased to welcome Shelley and Gary to evTS’ board," said David Solomont, evTS chairman, founder and CEO. "They join evTS at an exciting time, as we…

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TuesdayDec 29, 2020 10:15 am

NetworkNewsBreaks – Loop Insights Inc. (TSX.V: MTRX) (OTCQB: RACMF) Shareholder Letter Outlines Highlights of Most Successful Year in History

Loop Insights (TSX.V: MTRX) (OTCQB: RACMF) CEO Rob Anson has released a recent shareholder letter calling 2020 an extraordinary year and outlining the company’s significant accomplishments. A provider of contactless solutions and artificial intelligence ("AI") to drive real-time insights, enhanced customer engagement, and automated venue tracing to the brick-and-mortar space, Loop Insights has seen a year full of firsts and noteworthy partnerships, products and financing. The letter provided a review of the highlights for the company, including its selection to join Amazon Web Services Partner Network and the interactive webinar RACMF hosted with Amazon Web Services to showcase Loop’s venue-tracing…

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TuesdayDec 29, 2020 9:33 am

NetworkNewsBreaks – Ideanomics’ (NASDAQ: IDEX) Mobile Energy Global Division Enters Purchase Agreement with JV Controlled by One of China’s Largest Privately Owned Enterprises

Ideanomics (NASDAQ: IDEX) announced that Meihao Chuxing, a joint venture between BYD and Didi, has entered an agreement with its Mobile Energy Global (“MEG”) division to provide an initial 2,000 units of model BYD D1. Alf Poor, Ideanomics CEO, commented, “We are very pleased to work with Meihao Chuxing and BYD to promote the sales of the D1. Supported by a viable government subsidy program, the proliferation of EVs in China is a testament to the value that public and private partnerships can bring to large scale global challenges. We look forward to developing these types of partnerships and the…

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MondayDec 28, 2020 11:38 am

NetworkNewsBreaks – CB Scientific Inc. (CBSC) Announces Significant Growing Interest in Its my-Cam and my-Cardia Solutions

CB Scientific (OTC: CBSC), a provider of innovative products and services for the ambulatory noninvasive cardiac monitoring space, today announced the addition of dozens of new clinical trials of its my-Cam device and new hospital monitoring contracts through the company’s exclusive authorized distributor, Mango Wellness Co. Ltd. (“MWC”) and My Cardia Thailand Co. Ltd. (“MCT”) in Thailand. According to the update, MWC’s successful participation as an exhibitor at the Royal College of Physicians of Thailand Annual Conference in Pattaya, Thailand, Oct. 29-31, and again at the Thailand Cardiologist Annual Conference in Hua Hin, Thailand, Dec. 10-12, produced overwhelming interest. More…

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MondayDec 28, 2020 11:08 am

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Featured in Syndicated Broadcast

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers of the brain and central nervous system, 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 press release covers CNS Pharmaceuticals’ Investigational New Drug (“IND”) application for its lead product candidate, Berubicin, for the treatment of Glioblastoma Multiforme (“GBM”). The IND is now approved and in effect as filed with the U.S. Food and Drug…

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MondayDec 28, 2020 10:33 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Pricing of $26M Registered Direct Offering

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, has announced its entry into definitive agreements with investors for the purchase and sale of 6,265,063 of Foresight’s American Depositary Shares (“ADSs”), each at a price of $4.15, per a registered direct offering. The company will secure approximately $26 million in gross proceeds before deducting placement agent fees and other estimated offering expenses. Foresight intends to use the net proceeds for working capital and other general corporate purposes. The closing of the registered direct offering is expected to take place on or about Dec. 30, 2020, subject…

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MondayDec 28, 2020 10:08 am

NetworkNewsBreaks – Genprex Inc. (NASDAQ: GNPX) Secures $12M in Registered Direct Offering

Genprex (NASDAQ: GNPX), focused on developing life-changing therapies for patients with cancer and diabetes, has announced the closing of its registered direct offering of 3,116,884 shares of its common stock with a single health care-dedicated institutional investor. Genprex secured gross proceeds of $12 million, before deducting commissions and estimated expenses, with the offering priced at-the-market under Nasdaq rules at a price of $3.85 per share. “We believe that the closing of this transaction with a single, health care-dedicated institutional investor is further evidence that the potential of our gene therapies for cancer and diabetes is gaining recognition within the community…

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WednesdayDec 23, 2020 12:41 pm

NetworkNewsBreaks – ev Transportation Services Announces Approval from Boston Group to Sell Proprietary EV Through Group Purchasing Program

ev Transportation Services Inc. has obtained approval to sell its proprietary lightweight, all-electric commercial utility vehicle under the Metropolitan Area Planning Council (“MAPC”) and the Greater Boston Police Council (“GBPC”) Group Purchasing Program 2021 contract for Electric and Alternative Fuel Vehicles and Equipment. This marks the first time that an EV manufacturer from Massachusetts has been included in the MAPC. The company’s FireFly(r) ESV will be available through the “shop and buy” program, which enables communities nationwide that have GBPC membership to purchase the vehicle without having to worry about the specific details surrounding the process. The MAPC manages the entire bidding…

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WednesdayDec 23, 2020 12:38 pm

NetworkNewsBreaks – Business Psychology, Process Expert Talks Key Methods, Strategies in New Stock2Me Podcast

InvestorBrandNetwork (“IBN”), a multifaceted communications organization engaged in connecting public companies to the investment community, today announced the release of the latest Stock2Me Podcast featuring Staci Wallace, a leading expert in the fields of business psychology and process strategy. Wallace assists business owners, leaders and entrepreneurs by sharing essential hacks to help them build a life and a business they love. For over 30 years in corporate America, Wallace has effectively shifted mindsets into greater outcomes as an engaging speaker, thought leader, business executive and author of eight books, including her latest, Fueled by Fire, now available on Amazon. She…

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