NetworkNewsBreaks Archive - NetworkNewsWire

TuesdaySep 17, 2024 3:25 pm

NetworkNewsBreaks – Viper Energy Inc. (NYSE: VNOM) Reports on $488M Underwritten Public Offering

Viper Energy (NASDAQ: VNOM), a company that owns and acquires mineral and royalty interests in oil and natural gas properties, has released the pricing of an underwritten public offering. The offering is comprised of 10,000,000 shares of its class A common stock, offered at $42.50 per share. According to the announcement, the offering, which closed on Sept. 13, 2024, represents a 1,500,000 share upsize to the originally proposed 8,500,000 share offering. In addition, Viper granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of class A common stock; that option was exercised. Total gross proceeds…

TuesdaySep 17, 2024 1:59 pm

NetworkNewsBreaks – Alphabet Inc.’s (NASDAQ: GOOGL) Acquisition Strategies Under Antitrust Scrutiny

Alphabet (NASDAQ: GOOGL, GOOG), a tech giant known, through Google, for its search engine and a plethora of digital services, is currently under the microscope for its acquisition strategies, particularly the purchase of AdMeld in 2011. This move, as reported by TechXplore on Sept. 17, 2024, is being scrutinized in an antitrust trial led by the Justice Department. The trial accuses Google of buying up emerging competitors, such as DoubleClick in 2008 and Invite Media, to cement its dominance in the online advertising market. This strategy is seen as an attempt to eliminate competition and control a larger share of…

TuesdaySep 17, 2024 1:02 pm

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Host Upcoming Qubits UAE 2024 Quantum Computing Event Showcasing ‘Success Powered by Quantum’

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, announced that it is holding the first-ever Qubits UAE 2024 quantum computing event in Dubai. D-Wave is hosting the event with Staque, a leading consulting and development practice in AI, blockchain and quantum computing, with the support of Staque’s regional partner SquareOne. Scheduled for September 20, 2024, Qubits UAE will showcase “success powered by quantum today” through real-world business optimization use cases, progress in quantum-driven AI technology, and demonstrations of annealing quantum computing performance over traditional computing. “We’re witnessing a remarkable moment in computing, as…

TuesdaySep 17, 2024 12:36 pm

NetworkNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Announces $600K Non-Brokered Private Placement

Torr Metals (TSX.V: TMET), a Vancouver-based mineral exploration company, today announced that it has opened a non-brokered private placement. As part of the private placement, the company will issue up to 2,142,857 flow-through (“FT”) shares at $0.14 per share and up to 3,000,000 non-flow-through (“NFT”) units of the company at $0.10 per unit. Each FT share will consist of one common share of the company, while each NFT unit will consist of one NFT common share of the company and one-half of one warrant. Torr Metals expects to raise up to $600,000 in aggregate gross proceeds. To view the full…

TuesdaySep 17, 2024 12:05 pm

NetworkNewsBreaks – Alternative Products Expo, the Counterculture Festival and Vape Trade Show, Returns to Atlanta this October

Alternative Products Expo (“Alt Pro Expo”), the flagship event series in the global counterculture industry, returns to Georgia at the Atlanta Alt Pro Expo 2024 (“expo”). The upcoming counterculture festival and vape trade show is scheduled for October 10-12, 2024, at the Cobb Galleria Center in Atlanta, Georgia. The expo will showcase an incredible portfolio of must-have products, including vape and hemp products, Delta8, CBD, disposables, kratom, mushrooms, functional beverages, dietary supplements, nootropics, nicotine replacement, energy enhancers, mood changers, herbals, pet products, and other accessories. Given its vast array of vendors, the expo will allow attendees to gain a wealth…

TuesdaySep 17, 2024 12:04 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Inks Sales, Service Agreement with Leading Commercial Dealer Group

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, is adding to its EV dealership network. According to the company, premier full-service dealer Papé Kenworth has become Mullen’s seventh franchise dealer partner. Based in Eugene, Oregon, Papé Kenworth, which is part of the Papé Group, has more than 30 locations and is the West's premiere, full-service Kenworth truck dealer. The dealership is partnering with Mullen to provides zero-emissions trucks for a wide range of applications as it supports customers that are adapting to comply with evolving regulations. “Papé Kenworth is a hallmark dealer and distributor with unmatched and deep experience…

TuesdaySep 17, 2024 10:56 am

NetworkNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) CEO Featured in Latest Episode of the MiningNewsWire Podcast

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62), a company focused on oil and natural-gas production for Europe and Türkiye, is spotlighted in this week’s episode of the MiningNewsWire podcast, which was released by IBN, a multifaceted communications organization. According to the announcement, Trillion Energy CEO and director Dr. Arthur Halleran was the guest on the episode; the Mining NewsWire Podcast features insightful interviews with executives who are shaping the future of the global mining industry. During the episode, Halleran and podcast host Stuart Smith discussed the company’s project portfolio as well as the executive team’s background and experience. “When…

TuesdaySep 17, 2024 9:30 am

NetworkNewsBreaks – Upstream Spotlighted in Security Token Magazine Article

Upstream, a MERJ Exchange market and trading app, was recently featured in Security Token Magazine. Written by Brian Collins, Horizon CEO and Upstream Co-Creator, the article noted that Upstream aims to ensure that everyone, from seasoned traders to newcomers, can participate in an equal opportunity trading ecosystem driven by blockchain technology. With blockchain, traders using Upstream can enjoy no market manipulations such as short selling, no traditional middlemen, and no payment for order flow (“PFOF”). Upstream, Collins wrote, leverages its blockchain-powered, non-custodial trading app to provide investors outside of the U.S. with streamlined access to trade tokenized stocks listed on…

TuesdaySep 17, 2024 9:00 am

NetworkNewsBreaks – NextPlat Corp. (NASDAQ: NXPL) Reports on Voting Held During Annual Meeting of Stockholders

NextPlat (NASDAQ: NXPL), a global e-commerce provider, has released the voting results from its Special Annual Meeting of Stockholders, which was held Sept. 13, 2024. According to the report, shareholder voted on six agenda items, including a proposal to approve and adopt the merger agreement and plan of reorganization making Progressive Care Inc. (OTCQB: RXMD) a wholly owned subsidiary of the company. The proposal was approved, with an anticipated closing date of Oct. 1, 2024. The announcement noted that Progressive Care shareholders also approved the business combination at a special meeting of shareholders held Sept. 13, 2024. Other items approved…

TuesdaySep 17, 2024 8:55 am

NetworkNewsBreaks – Nutriband Inc. (NASDAQ: NTRB) Reports on Share Repurchase Program

Nutriband (NASDAQ: NTRB), a developer of transdermal pharmaceutical products, has authorized a share repurchase program to buy back up to $1 million of its common stock. According to the announcement, as of Sept. 16, 2024, the company had 11,106,185 shares of common stock outstanding. The company also reported that it is continuing to make progress on the development of AVERSA Fentanyl, with a target date of submitting a New Drug Application (“NDA”) to the U.S. Food and Drug Administration (“FDA”) in the first half of 2025. To view the full press release, visit https://nnw.fm/NxRB6 About Nutriband Inc. Nutriband is primarily…

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