NetworkNewsBreaks

WednesdayOct 28, 2020 12:22 pm

NetworkNewsBreaks – AzurRx BioPharma Inc. (NASDAQ: AZRX) Secures Financing to Fund Phase 2 Clinical Trials and Phase 3 Preparations

AzurRx BioPharma (NASDAQ: AZRX), a clinical-stage biopharmaceutical company, in July entered into a convertible preferred stock and warrant securities purchase agreement with certain accredited and institutional investors relating to the private placement of certain shares of convertible preferred stock and warrants for cash and in exchange for certain outstanding promissory notes as described in a recent update. In addition, the company entered into an exchange addendum to the purchase agreement with certain investors, relating to the exchange, as consideration in the private placement, of approximately $6.9 million aggregate in principal amount, plus all accrued and unpaid interest thereon, of its outstanding…

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WednesdayOct 28, 2020 11:50 am

NetworkNewsBreaks – Investor Summit Group Announces Virtual Fall Summit Event to Bring Together High-Quality Investors, Companies

Investor Summit (“ISG”), one of the largest independent investor conferences on the East Coast, has announced details about its annual fall event. ISG’s upcoming Virtual Fall Summit is slated for Nov. 16–18, 2020. This premier event, recognized throughout the industry for bringing together an exclusive network of high-quality investors and promising companies, will continue that legacy by hosting 75 companies, carefully curated and representing a variety of industries, including healthcare, technology, consumer, financial, energy, cannabis and blockchain. Keynote presentations will discuss each of these relevant topics as well. The summit also features 30 expert speakers and buy-side panels and self-side…

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WednesdayOct 28, 2020 11:23 am

NetworkNewsBreaks – NetworkNewsWire, Benzinga Collaborate to Showcase Best and Most Innovative Companies in Global Fintech

Widely recognized as the fintech industry’s top competition, the Benzinga Global Fintech Awards will be returning on Nov. 10, in a sixth-annual installment, for a day of networking, deal-making and recognition of incredible achievements. This year’s event, set to be hosted in an entirely virtual format, will bring together more than 450 disruptive fintech companies, investors from around the world and hundreds of attendees to celebrate a truly extraordinary year for global finance. As part of expanding visibility, NetworkNewsWire (“NNW”) will serve as the event’s official newswire and provide up-to-the-minute news and information about the Benzinga Global Fintech Awards via…

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WednesdayOct 28, 2020 11:13 am

NetworkNewsBreaks – ISW Holdings Inc. (ISWH) Announces Breakout Revenues, Aggressive Moves to Remove Dilution Risk, Plans to Uplist

ISW Holdings (OTC: ISWH), a global brand management holdings company, today announced a preliminary qualitative performance update for the three months ended Sept. 30, 2020. In addition, ISWH provided an update on its recent moves to significantly reduce debt and authorized shares, as well as its plans to uplist to the OTCQB exchange tier. While precise data is not yet available in a form that may be publicly announced, ISW Holdings disclosed another breakout quarter, with new record high revenues for the three months ended Sept. 30, 2020. “Our Home Healthcare and Telehealth segment continues to expand significantly, and we…

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WednesdayOct 28, 2020 10:44 am

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) to Present at Zooming with LD

SRAX (NASDAQ: SRAX), an innovative fintech solutions provider that unlocks data and insights for publicly traded companies through its SaaS platform, Sequire, today announced that it will present virtually at Zooming with LD. SRAX’s presentation is slated to take place at 11:00 a.m. ET on Friday, Oct. 30, 2020. Chris Miglino, chief executive officer of SRAX, will be giving the presentation and answering questions from investors. Investors and other interested parties may register at https://nnw.fm/TfMrU to access the live, virtual presentation. To view the full press release, visit https://nnw.fm/sWu5t About SRAX Inc. SRAX is a financial technology company that unlocks…

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WednesdayOct 28, 2020 10:23 am

NetworkNewsBreaks – Trxade Group Inc. (NASDAQ: MEDS) Releases Q3 2020 Financials, Marks Record Numbers

Trxade Group (NASDAQ: MEDS), an integrated drug procurement, delivery and healthcare platform, has released financial numbers for its third quarter. Financial highlights include third-quarter revenues up by 174% to $6.3 million, compared to revenue of $2.3 million in the same quarter last year; third-quarter gross profit increased 47% to $1.9 million, compared to gross profit of $1.3 million in the same quarter last year; and third-quarter net income reached $0.14 million compared to net income in the same quarter last year. Business highlights for the quarter included the addition of 144 new independent pharmacies; the unveiling of Bonum+, a B2B platform that…

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WednesdayOct 28, 2020 9:53 am

NetworkNewsBreaks – Amesite Inc. (NASDAQ: AMST) Featured on Nasdaq’s ‘Trade Talks’ Following IPO

Amesite’s (NASDAQ: AMST) CEO and Founder Dr. Ann Marie Sastry appeared on “Trade Talks” following the company’s IPO on Nasdaq. Amesite is an artificial intelligence software company providing online learning ecosystems for business, higher education and K-12. Dr. Sastry joined host Jill Malandrino for the segment titled “#TradeTalks: Celebrating Amesite's Recent IPO and Exploring Education Tech Trends.” The discussion covered the timing of AMST going public during the current pandemic and how it helps fulfill the company’s mission of making high-quality virtual education accessible. The interview aired on Monday, Oct. 5, and can be accessed via the following link: https://nnw.fm/hBtQS.…

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TuesdayOct 27, 2020 2:22 pm

NetworkNewsBreaks – Knightscope Inc. Appoints Experienced Financial Exec as CFO, Announces Online Opportunity to Invest

Knightscope, a developer of advanced physical security technologies utilizing fully autonomous robots focused on enhancing U.S. security operations, today announced the appointment of Mallorie Burak as the company’s executive vice president and chief financial officer. Burak brings to the company over 25 years of expertise across a broad spectrum of industries ranging from early stage start-ups to multi-national public corporations. Over the span of her career, she has negotiated and managed over $500 million of successful financing and M&A deals and has focused the last 13 years on turnarounds and special situations for both public and venture-backed companies. In addition,…

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TuesdayOct 27, 2020 2:15 pm

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Has ‘Strategic Pieces in Place to Capitalize on Cultivation’

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, recently entered into an agreement to lease five acres of land in Northern California (https://nnw.fm/I048C). SGMD intends to use the property, which is zoned for cannabis cultivation, to establish and operate licensed production with the capacity to produce as much as 3.6 million grams of high-quality cannabis flower per year. “We believe we have all of the strategic pieces in place to capitalize on cultivation, with the market currently chronically undersupplied,” Sugarmade chairman of the board, CEO and CFO Jimmy Chan said in an update. “We also have relationships in place, especially…

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TuesdayOct 27, 2020 2:00 pm

NetworkNewsBreaks – Rritual Mushrooms Inc.’s New Line of Elixirs Provides ‘Daily Dose’ with Powerful Benefits

Rritual, a plant-based consumer wellness brand, is positioning to take advantage of opportunity in the functional food and mushroom market with the fall launch of its innovative suite of premium functional mushroom and adaptogenic elixirs. “The health and wellness benefits of mushrooms and plant-based therapies are backed by decades of scientific research,” Dr. Mike Hart, president of Rritual, who also oversaw the development of the new line of products, stated of the launch (https://nnw.fm/gdqVJ). “Rritual’s new line of elixirs embraces that research and provides consumers with an easy way to get a daily dose of the powerful effects.” To view…

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