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WednesdayOct 14, 2020 2:11 pm

NetworkNewsBreaks – Medallia Inc. (NYSE: MDLA) Closes $575M Convertible Senior Notes Offering

Medallia (NYSE: MDLA) has closed an offering of $575 million of Convertible Senior Notes due 2025, in a private offering pursuant to Rule 144A under the Securities Act of 1933. According to the update, the notes will be senior, unsecured obligations of Medallia and will bear an annual interest rate of 0.125%. Unless earlier redeemed, repurchased or converted, the notes will mature on September 15, 2025. Medallia may not redeem the notes prior to September 20, 2023. In connection with the offering, Medallia entered into privately negotiated capped call transactions with certain of the initial purchasers or their respective affiliates…

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WednesdayOct 14, 2020 1:36 pm

NetworkNewsBreaks – InsuraGuest Technologies Inc. (TSX.V: ISGI) (OTC: IGSTF) Provides New, Exciting Tool for HUB Hotel Clients

InsuraGuest Technologies (TSX.V: ISGI) (OTC: IGSTF), an innovative insurtech leader, has entered a premier preferred partnership with leading global insurance brokerage Hub International Limited (“HUB”). Under the collaboration, wholly owned subsidiary InsuraGuest will provide hospitality liability coverage to properties in Hub International’s portfolio. This will assist HUB hotel clients to significantly lower insurance premiums, transfer small property and medical guest claims as well as generate additional revenue. The coverage will start with U.S.-based HUB clients with the goal to expand to Canadian hotel clients by mid 2021. A recent article discussing this quotes Kevin Eggleston, the managing director of HUB’s…

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WednesdayOct 14, 2020 1:19 pm

NetworkNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Expands Flagship Brand to Fill the Void in Club Market, Specialty Retailers

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, today announced that its new 2-liter six-pack packaging for its flagship brand, Alkaline88(R), will now be carried by HomeGoods stores across 500 nationwide locations. “We are excited to announce that our new 2-liter six-pack offering for our core brand, Alkaline88, will be available at HomeGoods stores nationwide,” WTER president and CEO Ricky Wright said in the press release. “This unique six-pack complements our existing line-up, especially our single-serve offerings, which continue to do well in the current environment. The…

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WednesdayOct 14, 2020 12:45 pm

NetworkNewsBreaks – Utopia VR Launches Iconic Zombie Experience as First in Series of VR-Themed Environments

Utopia VR today announced Zombie Land VR, an iconic zombie experience featuring a heart-pounding interactive, fully immersive virtual reality (“VR”) themed environment. Zombie Land VR is not a game or movie trailer, but an interactive, immersive virtual chat experience. Users can invite their friends and family to interact, or individuals can brave the experience alone, as participants walk through the foggy street at night, keeping watch for attacking zombies emerging from houses or behind parked cars. Zombie Land VR is the first in a series of VR-themed experiences to enter the entertainment and sports industry. Utopia VR, positioning to be…

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WednesdayOct 14, 2020 12:21 pm

NetworkNewsBreaks – WindESCo Inc. to Expand Customer Portfolio Across Europe

WindESCo, the leading provider of wind energy performance optimization solutions, today announced its expansion into the European wind energy market. According to the update, seasoned renewable energy sales executive Óscar Pérez will join the company as director of sales for Europe and oversee an office located in Seville, Spain. “With over 182 GW of wind capacity operating on the continent, the European wind energy market is the most mature and important market globally. Our analytics platform has found improvement potential on the projects we have completed in Europe so far,” WindESCo founder and CRO Mo Dua said in the news…

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WednesdayOct 14, 2020 12:01 pm

NetworkNewsBreaks – Grey Cloak Tech Inc. (GRCK) Announcements Featured in “Emerging Markets Report”

Grey Cloak Tech's (OTC: GRCK) announcements of a planned name change and its new Clinical IMMUNE(tm) product designed to combat respiratory symptoms were top topics in this week’s issue of the “Emerging Markets Report”. The report noted that Grey Cloak Tech recently filed to change its name to Healthy Extracts Inc. to better align with its science-based, exclusive products and intellectual properties. The name change also reflects the company’s focus on its proprietary development of natural plant-based formulations and the sale and distribution of cardiovascular and neuro products. In addition, the company is releasing a new product — Clinical IMMUNE — which “Emerging…

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WednesdayOct 14, 2020 11:45 am

NetworkNewsBreaks – Wrap Technologies Inc. (NASDAQ: WRTC) to Sponsor 2020 Protecting New York Summit Virtual Event

Wrap Technologies (NASDAQ: WRTC), an innovator of modern policing solutions, has announced that it will sponsor this week’s 2020 Protecting New York Summit. The virtual event, scheduled for Thursday, Oct. 15, 2020, provides an opportunity for industry executives, public sector leaders and academics to share ideas about New York’s security strategy. The event agenda includes topics ranging community policing to keeping New Yorkers safe during the pandemic. In addition to its sponsorship, Wrap Technologies will have a participant in the summit. WRTC president Tom Smith is a featured panel member on a panel that will discuss New York’s public safety…

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WednesdayOct 14, 2020 11:12 am

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Releases BudCars Q3 Numbers, Report Highlights Sales Records for Burgeoning Business

Sugarmade (SGMD), a leading, multidivisional/multiproduct/multisector supply company, has shared a preannouncement of financial numbers for its BudCars Cannabis Delivery Service (“BudCars”). The announcement notes several new sales records. Highlights of the report include gross receipts reaching nearly $2 million, with more than 60% growth being reported in net sales, customer orders and gross profits on a quarter-to-quarter basis. BudCars has been consistently tracking ahead of expectations, the announcement states, with geographic expansion being a key component to continued growth and success. The company has plans in place to expand into the North San Francisco Bay Area as well as nearby…

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WednesdayOct 14, 2020 11:00 am

NetworkNewsBreaks – Oncocyte Corporation (NYSE American: OCX) Presents New DetermaRx(TM) Prospective Data at IASLC 2020 Conference

Oncocyte (NYSE American: OCX), a molecular diagnostics company with a mission to provide actionable answers at critical decision points across the cancer care continuum, is presenting new prospective data on DetermaRx(TM) at the IASLC 2020 North America Conference on Lung Cancer taking place on October 22. Gavitt Woodard, M.D., assistant professor, Yale School of Medicine, and lead author on the study is presenting the data at the event hosted by the International Association for the Study of Lung Cancer. Per the update, DetermaRx is a treatment stratification test that identifies stage I-IIA non-small cell lung cancer (“NSCLC”) patients at high-risk…

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WednesdayOct 14, 2020 10:44 am

NetworkNewsBreaks – SRAX Inc.’s (NASDAQ: SRAX) Landmark Acquisition Featured in Stock2Me Podcast

SRAX (NASDAQ: SRAX), an innovative fintech solutions provider, was featured in the latest episode of The Stock2Me Podcast, an InvestorBrandNetwork (“IBN”) solution to provide specialized content distribution via widespread syndication channels. The episode features Christopher Miglino, founder and CEO of SRAX, and Chris Lahiji, president of LD Micro. During the program, the two executives discuss the recent acquisition of LD Micro, a leading data and event company serving the small and micro-cap space, by SRAX, a financial technology company that unlocks data and insights for publicly traded companies through its SaaS platform, Sequire. SRAX announced closing of the acquisition on…

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