NetworkNewsBreaks

WednesdayJul 22, 2020 3:10 pm

NetworkNewsBreaks – Altimmune Inc. (NASDAQ: ALT) Closes Public Offering Totaling $132.3 Million

Altimmune (NASDAQ: ALT), a clinical-stage biopharmaceutical company, has completed an underwritten public offering resulting in gross proceeds for the company of an estimated $132.2 million. According to a recent announcement, the company closed the offering of 4,119,564 shares of its common stock, including 750,000 additional shares pursuant to the full exercise of the over-allotment option granted to underwriters and other specific investors, prefunded warrants to purchase 1,630,436 shares of ALT common stock at an exercise price of $0.0001 per share. The public offering price of each share was $23, while the public offering price of each prefunded warrant was $22.999 per…

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WednesdayJul 22, 2020 1:21 pm

NetworkNewsBreaks – Predictive Oncology Inc. (NASDAQ: POAI) on ‘Cash Runway’ to Fund Key Milestones

Predictive Oncology (NASDAQ: POAI), a knowledge-driven company focused on applying artificial intelligence (“AI”) to personalized medicine and drug discovery, is on a well-funded path to move forward with its goals. A recent article discussing this quotes POAI CEO Dr. Carl Schwartz, who states, “[POAI] improved our liquidity position and streamlined our capital structure with the conversion of a $2.1 million convertible note, previously held by me, to newly issued equity. This action demonstrates my confidence in the commercial viability of our work, and when combined with the additional capital we raised through an equity offering, provides us with the cash…

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WednesdayJul 22, 2020 1:05 pm

NetworkNewsBreaks – Pure Extracts Corp. Leverages CO2 Technology in ‘Extraction Is Our Business’ Model

Pure Extracts, a private, plant-based extraction company with a new vertical in functional mushrooms, leverages CO2 technology, a process based on pressurized carbon dioxide that provides some of today’s cleanest, healthiest products. The company’s dedication to this process was highlighted in a recent article, which reads, “Pure Extract’s Vitalis C02 extraction technology allows for full-spectrum oil extraction, which results in the purest, highest-quality oil. In addition, the company, which notes that ‘extraction is our business,’ will soon have the capacity for more than 100,000 kg of biomass per year with a technique that has been tried and tested through its…

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WednesdayJul 22, 2020 12:53 pm

NetworkNewsBreaks – Cybin Corp. Advancing ‘Fungi-Derived’ Products Amid Mushrooming Interest in Psychedelics

Cybin Corp., a Canada-based, life-sciences company focused on the pharmaceutical development of psychedelic products as well as the functional mushroom market, looks to be in the right place at the right time. A mushrooming interest fuels this sector in an era where psychedelics, once a taboo substance, are being viewed in a powerful new light. A recent article discussing the company and its focus in this emerging space reads, “Cybin is committed to its mission of bringing ‘fungi-derived psychedelic and medicinal products into the world that may potentially drive the next discovery phase of life-changing medications to treat mental illness…

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WednesdayJul 22, 2020 12:16 pm

NetworkNewsBreaks – Deltec Bank & Trust Ltd.’s Recent Research Note Shines Spotlight on Dangerous Investing Game

Deltec Bank & Trust, a leading financial hub for global investors, financiers and entrepreneurs, recently delved into the recent surge in retail investing and the dangerous game many may be playing in its latest research note titled “Robin Hood-Winked” (http://nnw.fm/6Y4yE). A recent article discussing this reads, “Deltec Bank’s research team identified a number of disquieting trends resulting from the retail investment surge. Led by popular online personalities touting the axiom that ‘stocks [can] only go up,’ retail investors have adopted an exceedingly positive bias, bordering on pure speculation. In the options market, the ratio of outstanding call options to put…

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WednesdayJul 22, 2020 11:56 am

NetworkNewsBreaks – PowerBand Solutions Inc.’s (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Virtual Transaction Platform Standout in Sector Looking for Change

PowerBand Solutions’ (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) virtual transaction platform recently launched, via Comprehensive Auto Resources Company Inc. (“CARco”), to auto dealerships throughout the United States (http://nnw.fm/Xu8mn). The cloud-based platform, which CARco president and CEO Charlie Caronia described as “a ground-breaking way for consumers and dealers to buy, sell, lease and trade vehicles,” is a standout in a sector looking for change. A recent article discussing this reads, “The automotive industry has been in a state of flux, with every aspect experiencing disruption, from driverless vehicles to artificial intelligence. Customer expectations for the market have been raised as technological innovations…

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WednesdayJul 22, 2020 10:50 am

NetworkNewsBreaks – Jamf Holding Corp. (NASDAQ: JAMF) Announces IPO Upsize and Pricing

Jamf Holding (NASDAQ: JAMF) (“Jamf”), the standard in Apple Enterprise Management, on Tuesday announced the pricing of its initial public offering (“IPO”) of 18,000,000 shares of its common stock at a price to the public of $26.00 per share. Of the shares, 13,500,000 are being offered by Jamf and 4,500,000 are being offered by certain of Jamf’s existing selling shareholders. According to the update, the offering was upsized from the previously announced 16,000,000 shares. Underwriters have the option to purchase up to an additional 2,700,000 shares of common stock from the selling shareholders at the initial public offering price, less…

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WednesdayJul 22, 2020 10:27 am

NetworkNewsBreaks – Inventiva S.A. (NASDAQ: IVA) (Euronext Paris: IVA) Secures $107.7M in US Initial Public Offering

Inventiva (NASDAQ: IVA) (Euronext Paris: IVA), a clinical-stage biopharmaceutical company focused on the development of oral small molecule therapies for the treatment of non-alcoholic steatohepatitis (“NASH”), mucopolysaccharidoses (“MPS”) and other diseases with significant unmet medical need, has closed its U.S. initial public offering on the Nasdaq Global Market. According to the update, the offering consisted of 7,478,261 new ordinary shares in the form of American Depositary Shares (“ADSs”), each representing one ordinary share. Inventiva secured approximately $107.7 million in gross proceeds, with each of the ADSs sold at the public offering price of $14.40. Inventiva S.A. has granted the underwriters…

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WednesdayJul 22, 2020 9:40 am

NetworkNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) Moves to the Top of the OTC Market

Willow Biosciences (TSX: WLLW) (OTCQX: CANSF) this morning announced that it has been approved to commence trading on the OTCQX(R) Best Market (the "OTCQX") under the symbol "CANSF,” beginning today, July 22, 2020. Willow has upgraded to the OTCQX from the OTCQB(R) Venture Market (the "OTCQB"). "We are very excited to migrate to the top of the OTC market, the OTCQX(R) Best Market," Trevor Peters, president and CEO of Willow, stated in the news release. "This is a key milestone for us and allows for prospective U.S. investors to more easily invest in the Company. It is also a testament…

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TuesdayJul 21, 2020 3:31 pm

NetworkNewsBreaks – ISW Holdings’ (ISWH) TeleCare Targets Strong Momentum to Telehealth

ISW Holdings (OTC: ISWH), a global brand-management holdings company, recently announced the launch of its proprietary TeleCare technology service as part of its successful and growing home healthcare business (http://nnw.fm/3J3Qt). A recent article discussing the move, and what looks to be ideal timing, quotes ISWH president and chairman Alonzo Pierce, who states, “Our sense is that this new strong momentum towards telehealth solutions is going to be sticky. In other words, the pandemic spurred a transition, and it’s going to be impossible to put the genie back in the bottle afterwards. Companies that fail to embrace the future risk being…

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