Breaks Categories: News

ThursdayJun 03, 2021 10:03 am

NetworkNewsBreaks – Smith Micro Software Inc. (NASDAQ: SMSI) Announces Close of $65.2M Follow-On Offering

Smith Micro Software (NASDAQ: SMSI), a software development company that sells proven solutions to wireless carriers and cable MSOs, has closed on its follow-on underwritten public offering. The offering was comprised of 9,520,787 shares of SMSI common stock. The company announced that the offering resulted in an estimated $65.2 million gross proceeds for the company before discounts, commissions and other required expenses. In the announcement, the company noted that it granted a 30-day option to purchase additional shares to underwriters of the offering; that option allows for the purchase of an additional 1,428,118 shares of the company’s common stock. Smith…

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ThursdayJun 03, 2021 10:00 am

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (OTCQB: CLXPF) to Participate at Upcoming LD Micro Invitational XI

Cybin (NEO: CYBN) (OTCQB: CLXPF) CEO Doug Drysdale will be participating at the 2021 LD Micro Invitational XI. The invitational will be held Thursday, June 10. As part of his participation, Drysdale will be presenting a live webcast featuring Cybin, a biotechnology company focused on progressing psychedelic therapeutics. Drysdale’s presentation is scheduled to begin at 3:30 p.m. ET. Interested individuals can register to view the Cybin presentation via the webcast. To view the presentation, visit https://nnw.fm/LfZUc To view the full press release, visit https://nnw.fm/JVL3S About Cybin Inc. Cybin is a leading biotechnology company focused on progressing psychedelic therapeutics for mental…

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ThursdayJun 03, 2021 9:57 am

NetworkNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Closing of Private Placement

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced that it has closed a non-brokered private placement for aggregate gross proceeds of $1,000,000. According to the update, the offering consisted of the sale of $771,299.76 flow-through units ("FT units") by way of issuing 2,003,376 shares at $0.385 per FT unit and the sale of $228,700.24 hard dollar units ("HD units ") by way of issuing 682,687 shares at $0.335 per HD unit. Final closing of the transaction and private placement is subject to obtaining all standard regulatory approvals, including from the CSE. All securities…

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ThursdayJun 03, 2021 9:39 am

NetworkNewsBreaks – Trident Acquisitions Corp. (NASDAQ: TDAC) Announces NASDAQ Notification of Delayed Filing of Quarterly Report

Trident Acquisitions (NASDAQ: TDAC, TDACU, TDACW) announced that it had received a standard notice last month from the listing qualifications staff of the Nasdaq Stock Market LLC. The notice stated that TDAC is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires companies to file all required periodic financial reports with the Securities Exchange Commission (“SEC”) in a timely manner. TDAC was notified that the company hadn’t filed its quarterly report for the period ending March 31, 2021. The company also noted that in April, the SEC issued a statement providing guidance for all SPAC-related companies regarding the accounting and…

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WednesdayJun 02, 2021 12:22 pm

NetworkNewsBreaks – Cognos Therapeutics Corp. Signs Agreement to Work with Maxim Group LLC for Investment Banking, Financial Advisory Services

Cognos Therapeutics Corp., an advanced medical device company focused on creating unique technologies to radically advance the diagnosis and treatment of neuropathic diseases, has signed a letter of engagement with Maxim Group LLC. According to the agreement, Maxim will provide financial advisory and investment banking services to Cognos; the services will also include support in identifying and evaluating merger and acquisition opportunities. “We are incredibly pleased to launch this relationship with Maxim,” said Cognos CEO Frank Adell in the press release. “We believe Maxim can assist us in pursuing strategic growth and in building long-term value for our shareholders. . .…

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WednesdayJun 02, 2021 12:09 pm

NetworkNewsBreaks – FingerMotion Inc. (FNGR) Releases Financial Results for FYE 2021

FingerMotion (OTCQX: FNGR), a mobile services and data company, has released its financial results for the fiscal year ending Feb. 28, 2021. A highlight of the report was record annual revenue of $16.68 million, which includes the company’s SMS (“SMS”) & MMS (“MMS”) and telecommunications products and services. That total represents an estimated 82% increase from FYE 2020. Other financial numbers worth noting include annual growth in SMS & MMS business revenue of $6.13 million, or 84% compared to the same period the year before; annual growth in telecommunications products and services business revenue of $1.39 million, or a 76%…

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WednesdayJun 02, 2021 12:07 pm

NetworkNewsBreaks – Finovate Announces Deadline to Nominate Companies and Individuals Driving Fintech Innovation, New Ideas

Finovate, a leading fintech event series and digital engagement platform, has announced the June 11 nomination deadline for companies looking to take part in the 2021 edition of the Finovate Awards. The awards recognize companies driving fintech innovation forward and individuals bringing new ideas to life. Leading banks, fintech firms, accelerators, innovators, and executives will compete in 25 different categories that represent the multitude of ways technology is revolutionizing the financial ecosystem. “It is always important to recognize the dedication and effort that goes into bringing successful fintech solutions to the market, but it’s especially vital this year,” said Greg…

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WednesdayJun 02, 2021 12:01 pm

NetworkNewsBreaks – Chalice Brands Ltd. (CSE: CHAL) (OTCQB: GLDFF) Announces OTC Ticker Symbol Change Effective June 3, 2021

Chalice Brands (CSE: CHAL) (OTCQB: GLDFF), formerly Golden Leaf Holdings Ltd., a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, today announced a change in the company's stock symbol trading on the OTCQB(R) Venture Market. According to the update, the company's common shares will trade on the OTCQB under the symbol "CHALF" effective June 3, 2021. The previous trading symbol was "GLDFF." To view the full press release, visit https://nnw.fm/BC2ue About Chalice Brands Ltd. Chalice Brands is a premier consumer-driven cannabis company specializing in production, processing, wholesale, distribution, and retail, with 12 dispensaries in Portland, Oregon.…

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WednesdayJun 02, 2021 11:51 am

NetworkNewsBreaks – Friendable Inc.’s (FDBL) Fan Pass Sees Stellar Month Prior to Unveiling Several New Features

Friendable (OTC: FDBL), a mobile technology and marketing company, today announced certain performance and growth metrics for its Fan Pass livestreaming artist platform for the month of May 2021. According to the update, May has delivered another stellar month of traction in several categories as the company prepares to release its 2.0 version of the Fan Pass platform. “These next several months are going to lead us to and eventually through our version 2 mobile and web app releases, which will include an entirely new suite of features, virtual currency options, automation and, ultimately, scale,” said Friendable CEO Robert A.…

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WednesdayJun 02, 2021 11:45 am

NetworkNewsBreaks – Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF) (FSE: 8FW) to Present at Upcoming H.C. Wainwright Psychedelics Conference

Tryp Therapeutics (CSE: TRYP) (OTCQB: TRYPF) (FSE: 8FW), a pharmaceutical company focused on developing compounds for diseases with unmet medical needs through accelerated regulatory pathways, has announced that it will be presenting at H.C. Wainwright & Co.’s Psychedelics in Psychiatry and Beyond conference. The virtual event will be held on June 17, 2021. At the elite conference, Tryp chair and CEO Greg McKee will present an overview of the business including the company’s pipeline, which features its psilocybin-for-neuropsychiatric disorders, or PFN(TM) (“PFN”), program for chronic pain and eating disorder indications. McKee’s prerecorded presentation will be available beginning 7 a.m. EDT…

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