NetworkNewsBreaks Archive - NetworkNewsWire

FridayDec 08, 2023 5:38 pm

NetworkNewsBreaks — Lucid Group Inc. (NASDAQ: LCID), SiriusXM Canada Partner to Bring Audio Entertainment Offering to Canadian Lucid Owners

Lucid Group (NASDAQ: LCID) has announced a partnership with SiriusXM Canada to offer all new and existing Canadian Lucid owners a three-month trial subscription to SiriusXM's comprehensive audio entertainment. According to the announcement, SiriusXM is available in the LCID’s award-winning Lucid Air, the longest-range, fastest-charging electric car on the market. In addition, owners of the entire Lucid Air lineup will be offered access to SiriusXM through the trial subscription. Channels available through SiriusXM are expertly curated, free of ads and deliver a wide array of audio choices for listeners, covering every music genre across many decades. The platform also features…

FridayDec 08, 2023 3:37 pm

NetworkNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Continues Proving Technical Superiority of Its RapidSX(TM) Platform

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company engaged in the exploration for rare earth elements (“REEs”) in Canada and the U.S., as well as the associated development of superior separation and scalable production technologies, recently announced a technical update on its important RapidSX(TM) Demonstration Plant in Kingston, Ontario. “The update marks a significant milestone for the company and will allow it to ‘discreetly quantify the previous qualitative attributes of the RapidSX(TM) technology platform and the resulting rare earth element products,’” reads a recent article. “Over the first two years in Kingston, we proved the technical superiority of our…

FridayDec 08, 2023 3:18 pm

NetworkNewsBreaks — Crexendo Inc. (NASDAQ: CXDO) User Base Reaches, Passes 3.5 Million

Crexendo (NASDAQ: CXDO), an award-winning, premier platform and provider of cloud communication services, video collaboration and managed IT services, is reporting that its platform has reached more than 3.5 million users. Crexendo’s end-user base has doubled since the company acquired NetSapiens(R) in 2021, fundamental to the company’s platform. “The growth that we have seen in our customer base is the direct result of internal and external initiatives that we have been diligently implementing,” said Crexendo CEO Jeff Korn in the press release. “Our coordinated sales and marketing efforts, as well as continued improvements that we are making to our offerings,…

FridayDec 08, 2023 2:48 pm

NetworkNewsBreaks – Clene Inc.’s (NASDAQ: CLNN) Long-Term Follow-Up Data Shows Significantly Improved Survival in ALS Patients

Clene (NASDAQ: CLNN), together with its wholly owned subsidiary Clene Nanomedicine Inc., recently provided operating highlights for its amyotrophic lateral sclerosis (“ALS”) clinical program. “In August, Clene reported a 24-month long-term data cut from the open-label extension (‘OLE’) of the RESCUE-ALS study as of July 2023, which showed a significant median survival benefit of 19.3 months in addition to a significant (p=0.049) 52% decreased risk of ALS clinical worsening events – defined as the first occurrence of death, tracheostomy (a procedure that involves creating an opening in the neck into the windpipe to help air and oxygen reach the lungs),…

FridayDec 08, 2023 1:44 pm

NetworkNewsBreaks – Roth Capital Partners Announces IBN as Media Sponsor for Roth MKM’s 12th Annual Deer Valley Event

Roth Capital Partners (Roth MKM), a full-service investment bank focused on serving growth companies and their investors, is continuing its collaboration with IBN, an innovative corporate communications firm and content distributor, by choosing the firm as media sponsor for its annual Deer Valley Event. The prestigious gathering is scheduled for Dec. 13–16, 2023, at the luxurious Montage Deer Valley in Utah. The event is designed to create an ideal setting for select investors and C-suite executives from analyst-selected companies to foster meaningful conversations and cultivate lasting professional relationships through one-on-one and small-group meetings. Represented companies will come from an array…

FridayDec 08, 2023 1:41 pm

NetworkNewsBreaks – Why Software Effective Solutions Corp. (SFWJ) Is ‘One to Watch’

Software Effective Solutions (OTC: SFWJ) (d/b/a MedCana) is a global infrastructure and holding company in the cannabis industry. MedCana’s current portfolio includes five companies focused on pharmaceutical cannabis production, a software company focused on managing processes for plant-to-patient operations, and a recently acquired irrigation and greenhouse technology company. “MedCana’s focus is on developing clients and companies in Latin America, initially in Colombia, and partnerships with laboratories, research facilities and hospitals throughout the world. MedCana is building the technology, laboratories, growing facilities and scientific teams to provide premium pharmaceutical-grade cannabis extracts to the world. MedCana’s goal is to be the world’s…

FridayDec 08, 2023 12:24 pm

NetworkNewsBreaks – Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2) Unveils Boost Program for AI Digital Ads in Event Tech Platform Map

Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a generative artificial intelligence (“AI”)-powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers, launched an exclusive Boost Program for AI digital ads in its mobile app for trade show and event organizers. According to the announcement, the company’s Map D platform currently supports some 500 events annually, with more than 50,000 exhibitors and one million-plus attendees. The new in-app AI ad network has the potential to generate up to $20 million in additional annual revenue for the company, with 80% margins up from the $1 million the platform currently generates.…

FridayDec 08, 2023 11:46 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Files Spoof Complaint, Dismisses Short-Selling Claim

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has filed a spoofing complaint in the U.S. District Court for the Southern District of New York. The complaint, filed on Dec. 6, 2023, alleges that UBS Securities LLC, IMC Financial Markets and Clear Street Markets LLC engaged in a scheme using spoofing to manipulate the market price of Mullen shares. The company noted that the claim for the spoofing litigation is attached to the company’s Form 8-K, which it filed this week with the Securities and Exchange Commission (“SEC”). According to the announcement, Mullen believes that the spoofing litigation…

FridayDec 08, 2023 11:19 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Releases Update on FDA Application for Investigational Drug

ThursdayDec 07, 2023 3:48 pm

NetworkNewsBreaks – Red Cat Holdings Inc. (NASDAQ: RCAT) Announces Pricing of Underwritten Public Offering

Red Cat (NASDAQ: RCAT) has announced the pricing of its underwritten public offering of 16,000,000 shares of its common stock, each at a public offering price of $0.50, for gross proceeds of $8,000,000. According to the announcement, all of the shares of common stock are being offered by the company. In addition, Red Cat granted the underwriters a 45-day option to purchase up to an additional 2,400,000 shares of common stock at the public offering price less discounts and commissions, to cover over-allotments. Subject to the satisfaction of customary conditions, the offering is expected to close on Dec. 11, 2023.…

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