NetworkNewsBreaks Archive - NetworkNewsWire

FridayJun 24, 2022 1:44 pm

NetworkNewsBreaks – Prime Harvest Inc.’s Jaxx Carving out Top Spot in Cannabis World

Prime Harvest’s Jaxx Cannabis is poised in the cannabis world with its outstanding, renowned customer service and quality products. “The flagship brand in a portfolio of superior offerings from Prime Harvest, Jaxx features an expertly curated selection of premium products from some of the most respected brands in the thriving California market. Jaxx products are carefully selected to combine value and quality to create an experience focused and centered on consumers… Visitors to both brick-and-mortar and online stores can choose from an array of categories, including flower, pre-rolls, vaporizers, concentrated, edibles, tinctures, and topicals. Jaxx enthusiasts can even order from…

FridayJun 24, 2022 1:25 pm

NetworkNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Focused on LW Solutions as Bitcoin’s Reputation Shifting to Medium of Exchange

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network (“LW”), is working toward its goals by adding more nodes on the LW. “The company has increased its total number of nodes on the LW to 17. The company recently added new nodes in Canada, South Korea, Brazil, Hong Kong, South Africa, Bahrain, and Japan. These new ones join previously launched nodes in the U.S., Ireland, India, Germany, Singapore, Sweden, Indonesia, Italy, France, and England,” a recent article reads. “Because Bitcoin blockchain transactions are notoriously slow and expensive, the…

FridayJun 24, 2022 1:01 pm

NetworkNewsBreaks – Odyssey Health Inc. (ODYY) Sets Sights on US Phase II Clinical Trials with Focus on Military

Odyssey Health (OTC: ODYY) understands the severity of concussions among service members as well as the existing gaps in treatment. The Center for Disease Control (“CDC”) reports that over 430,000 military service members were diagnosed with traumatic brain injury (“TBI”) between 2000 and 2020, with 75-83% of the cases being categorized as mild (“mTBI”) or concussion. And though concussion greatly impacts military service members, there is insufficient evidence supporting, among other things, the optimal treatment strategies to mitigate these impacts. “Odyssey Health is working to develop treatments for concussion and other neurological disorders. Odyssey is developing the PRV-002, a novel,…

FridayJun 24, 2022 12:50 pm

NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Eyes Opportunity in Decentralized Model of Ammonia Production

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), an enterprise committed to clean energy solutions such as its proprietary containerized green ammonia production system, recognizes the challenges farmers are facing amid the ongoing global fertilizer shortage occasioned by the Russia-Ukraine war. FuelPositive also recognizes the opportunity that exists in a decentralized model of ammonia production. “Over 80% of the world’s ammonia is being used in the agricultural setting as fertilizer. With the use of FuelPositive’s containerized technology that produces green ammonia on site, farmers can do away with mainstream supply chains and the challenges that come with that by producing their own fertilizer…

FridayJun 24, 2022 12:24 pm

NetworkNewsBreaks – GreenBox POS (NASDAQ: GBOX) Becomes Among Sector’s 1st to Ensure Real-Time Custodial Account Attestations

GreenBox (NASDAQ: GBOX) is a financial technology company that leverages proprietary blockchain security and token technology to deliver customized payment solutions. The company has consistently called for improved processes to make the stablecoin industry custodial and transactional — the two elements GreenBox believes are critical to the industry’s long-term success. Upon completing a rigorous process, GreenBox has announced a partnership with accounting and consulting firm Armanino to attest to all GreenBox custodial accounts in real-time. “I could not be more pleased to see the stablecoin industry and the regulators move in the direction GreenBox has built our company on since…

FridayJun 24, 2022 11:36 am

NetworkNewsBreaks – Feutune Light Acquisition Corporation (NASDAQ: FLFVU) Announces Pricing of $85M IPO

Feutune Light Acquisition Corporation (NASDAQ: FLFVU) recently announced the pricing of its initial public offering (“IPO”) of 8,500,000 units at a price of $10.00 per unit. The units commenced listing on The NASDAQ Global Market (“NASDAQ”) and trade under the symbol FLFVU. According to the update, each unit issued in the IPO consists of one share of Class A common stock, one redeemable warrant and one right to receive one-tenth (1/10) of one share of Class A common stock. Each warrant is exercisable to purchase one whole share of Class A common stock, each at a price of $11.50. Once…

ThursdayJun 23, 2022 4:46 pm

NetworkNewsBreaks – Canaan Inc. (NASDAQ: CAN) Announces Repurchase of Outstanding Warrants for ~$6.61M

Canaan (NASDAQ: CAN), a leading high-performance computing solutions provider, has announced its entry into agreements with certain warrant holders to repurchase over 4.72 million outstanding warrants of the company for an aggregate purchase price of approximately US$6.61 million. According to the update, the company issued the warrants in May 2021 pursuant to (i) certain securities purchase agreement (the “SPA”) between the company and the purchasers party thereto, dated April 29, 2021, and (ii) certain placement agent agreement between the company and the placement agents thereto, dated April 29, 2021. Simultaneously, the parties amended the terms of the SPA in a…

ThursdayJun 23, 2022 4:40 pm

NetworkNewsBreaks – BIT Mining Limited (NYSE: BTCM) Announces $16M Registered Direct Offering

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, today announced its entry into a securities purchase agreement with certain institutional investors. The registered direct offering is for 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 (10) Class…

ThursdayJun 23, 2022 4:35 pm

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Secures FDA Approval for Protocol Amendment to Ongoing Potentially Pivotal Berubicin Trial

CNS Pharmaceuticals (NASDAQ: CNSP) is a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system. The company today announced its receipt of approval from the U.S. Food and Drug Administration (“FDA”) for its ongoing potentially pivotal global study evaluating the efficacy and safety of Berubicin compared with Lomustine (Gleostine) administered after first line therapy for the treatment of recurrent glioblastoma multiforme (“GBM”), one of the most aggressive types of brain cancer. “We are pleased to have received this positive response from the FDA and to continue driving the…

ThursdayJun 23, 2022 3:19 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Issues Shareholder Update

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today provided an update to its shareholders, including recent highlights and accomplishments for the company, the Mullen FIVE and the Mullen EV Van programs. Among the various highlights, the company reported that its solid-state polymer battery cell was successfully tested for the second time at Battery Innovation Center (“BIC”) in Indiana. The follow-up testing through an accredited facility shows promise for solid-state polymer cell technology when scaled to the vehicle pack level and used in EVs. “2022 has been an exceptional year for us so far; I am very proud…

Financial news and publishing for public and private companies

Contact us: 212.418.1217

NetworkNewsBreaks