NetworkNewsBreaks Archive - Page 1151 of 2162

MondayApr 26, 2021 11:00 am

NetworkNewsBreaks – Grapefruit USA Inc. (GPFT) Releases FY 2020 Financial Report

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, has reported its financial numbers for fiscal year 2020. A highlight of the report is the company’s 714% year-over-year revenue growth. GPFT reported net revenues of $3,672,353 for the year ended Dec. 31, 2020, an increase of $3,221,157 over revenues of $451,196 for the year ended Dec. 31, 2019, an impressive increase considering the global pandemic. The company also announced that it has focused on renegotiating key terms of approximately $4.2 million convertible notes issued to its institutional investor. As a result of these modifications, the company has eliminated an…

MondayApr 26, 2021 10:50 am

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (OTCQB: CLXPF) Announces AUD Disorder Indication for Psychedelic Molecule CYB003

Cybin (NEO: CYBN) (OTCQB: CLXPF), a biotechnology company focused on progressing psychedelic therapeutics, has selected alcohol use disorder (“AUD”) as the initial target indication for its proprietary deuterated psychedelic tryptamine, CYB003. In the announcement, the company noted that its CYB003 new chemical entity (“NCE”) could be an ideal investigational new drug (“IND”) candidate for a future clinical trial focused on AUD after preclinical data has been compiled and evaluated. Cybin is targeting an IND filing for CYB003 by the end of this year. AUD is a relapsing brain disorder often associated with an impaired ability to stop or control alcohol…

MondayApr 26, 2021 10:20 am

NetworkNewsBreaks – Knightscope Inc. Closes Latest Public Offering, Reviews Next Steps

Knightscope, an advanced security technology company that builds fully autonomous security robots (“ASRs”) that deter, detect and report, announced that it had closed its recent public offering. The company noted that everyone “from Main Street to Wall Street and everywhere in between” came out in support of Knightscope's efforts to make the United States of America the safest country in the world. The announcement, which encouraged investors to keep their shares in the company long term, provided a few tips on what is happening next. The company also urged individuals to download the Knightscope Public Safety app and submit prospective…

MondayApr 26, 2021 9:56 am

NetworkNewsBreaks – TAAT(TM) Lifestyle & Wellness Ltd. (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2) Applies for Listing on Nasdaq Capital Market

TAAT(TM) Lifestyle & Wellness (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2) has submitted its initial application to the Nasdaq Capital Market for its common shares to be listed and traded on the U.S. market. The move follows the company’s upgrade from the OTCQB Venture Market to the OTCQX market last month; the OTCQX tier is the highest available of the OTC Markets Group and requires a professional third-party sponsor introduction as well as other stringent guidelines. In the announcement, the company noted that trading on Nasdaq could allow TAAT to attract institutional and retail investors and expand its investor base in the…

MondayApr 26, 2021 9:32 am

NetworkNewsBreaks – DGTL Holdings Inc.’s (TSXV: DGTL) (OTCQB: DGTHF) (FSE: A2QB0L) Hashoff to Launch Campaign for Leading Producer of Distilled Brands

DGTL Holdings (TSXV: DGTL) (OTCQB: DGTHF) (FSE: A2QB0L), an innovative company focused on the acquisition and acceleration of transformative digital media, marketing and advertising software technologies, today announced that its wholly owned subsidiary, Hashoff LLC, has signed a new software service agreement with the world’s third largest producer of premium distilled product brands. According to the update, DGTL's most recent major account signing has over 4,800 employees, global headquarters located in Chicago, Illinois, parent company offices located in Osaka, Japan, and owns large scale distilleries in Scotland, Spain, Japan, Mexico, and the United States. Under the service agreement, the initial…

FridayApr 23, 2021 3:11 pm

NetworkNewsBreaks – Grapefruit USA Inc.’s (GPFT) Hourglass(TM) Is a Game Changer

Grapefruit USA (OTCQB: GPFT), a fully licensed manufacturer and distributor in the legal cannabis marketplace, has created a revolutionary product: The Hourglass(TM) THC+ Cannabinoid delivery cream. The cream solves two problems, the first being that cannabis lovers no longer need to ingest cannabinoids to enjoy them. “For the first time, cannabis enthusiasts can enjoy a full, discrete, convenient cannabis experience without rolling, smoking or vaping,” reads a recent article. Secondly, “Grapefruit’s disruptive cream solves the previous problem of THC and other cannabinoids not being easily absorbable through the skin. Using Grapefruit’s proprietary delivery system, Hourglass topical cream creates a Patchless…

FridayApr 23, 2021 3:06 pm

NetworkNewsBreaks – Coherus BioSciences, Inc. (NASDAQ: CHRS) Featured in Mizuho Securities Research Report

Coherus BioSciences (NASDAQ: CHRS) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “This morning, Coherus announced that toripalimab (tori) in combination with chemo significantly prolonged PFS and OS in patients with advanced esophageal squamous cell carcinoma (‘ESCC’), compared w/ chemo alone. Despite the press release not containing numbers, we had a look at the benchmark data for anti-PD1s in combo w/ chemo being studied in this indication, as well as its potential market size, to start to do work around it. Overall, an incremental win for Coherus as the Junshi thesis…

FridayApr 23, 2021 2:00 pm

NetworkNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Management, Employees to Virtually Ring NASDAQ Closing Bell

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, has been invited to virtually ring the closing bell on NASDAQ today to celebrate the end of Earth Week. IDEX management and employees will participate in the online ceremonial tradition at 4 p.m. ET. A company committed to sustainability, Ideanomics invested in the future of smart-charging technologies through its acquisition of WAVE, a Utah-based company that is working to enable the commercial fleet sector embrace zero-emission wireless charging for their electric mobility needs. Ideanomics also acquired a 20% investment in Italian…

FridayApr 23, 2021 1:56 pm

NetworkNewsBreaks – Splash Beverage Group Inc.’s (SBEV) TapouT Joins Blue-Chip Portfolio in Southeast US Expansion

Splash Beverage Group (OTCQB: SBEV), a portfolio company of successful beverage brands, is expanding the reach of its TapouT performance products, a complete line of high-performance sports drinks that contain a proprietary blend of essential vitamins, minerals and electrolytes. Recently the company finalized agreements with Gulf Distributing to expand the TapouT line into Alabama and Florida. “We have a 20-year relationship with Gulf Distribution and we are extremely excited to be working with their team again,” said Splash Beverage CEO Robert Nistico in a recent update. “Our brand TapouT joins their blue-chip portfolio of Coors, Heineken, Corona, Red Bull, Essentia…

FridayApr 23, 2021 1:37 pm

NetworkNewsBreaks – NV5 Global Inc. (NASDAQ: NVEE) Secures $172.5M in Underwritten Public Offering

NV5 Global (NASDAQ: NVEE), a provider of compliance, technology and engineering consulting solutions, has closed an underwritten public offering of 1,854,838 shares of common stock, including an additional 241,935 shares pursuant to the full exercise of the over-allotment option granted to the underwriters. NV5 secured approximately $172.5 million in gross proceeds, with each of the shares sold at a public offering price of $93.00. NV5 intends to use the proceeds for general corporate purposes, which may include possible acquisitions, the expansion of its business, providing working capital, and reducing debt. Roth Capital Partners LLC (“ROTH”) acted as joint book-running manager…

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