NetworkNewsBreaks

FridaySep 11, 2020 1:13 pm

NetworkNewsBreaks – Blackbriar Regulatory Services Announces Entry Into Medical Device Manufacturing

Blackbriar Regulatory Services (“BRS”), a firm specializing in helping small to mid-sized domestic and international companies navigate the regulatory landscape to bring their FDA regulated product concepts to market, today announced its entry into medical device manufacturing. According to the update, BRS has launched mask manufacturing operations to support U.S. demand for personal protective equipment (“PPE”) amidst the COVID-19 pandemic. “When BRS was created earlier this year, medical device manufacturing was part of our predetermined business strategy,” said BRS CEO Russ Rogers in the press release. “With the COVID-19 outbreak, it made sense to accelerate our plan to enter into…

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FridaySep 11, 2020 12:54 pm

NetworkNewsBreaks – Five Below, Inc. (NASDAQ: FIVE) Featured in Analysis Report

Five Below (NASDAQ: FIVE) was featured in an analysis report that discussed a recent uptick in consumer purchase intent mentions. The report, written by LikeFolio Founder Andy Swan, reads, “We've had our eyes on Five Below since 2019. We watched consumer demand build into 2020, and then plummet in March as stores closed. FIVE closed down ~3% on its last earnings report after missing EPS and revenue expectations. Now, a shift is beginning to emerge: Purchase Intent in 20Q2 was -1% YoY, +15% QoQ as stores reopened. Purchase Intent in 20Q3 pacing +7% YoY, with a noted bump as its…

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FridaySep 11, 2020 12:28 pm

NetworkNewsBreaks – Analysis Report Details Consumer Trends in Gaming

A recent analysis report provided insight into consumer macro trends in the gaming sector. The report, written by LikeFolio Founder Andy Swan, reads, “First-time gaming mentions increased 170% in the past 30 days vs. prior year. These remain significantly elevated since peaking in March. Generic gaming mentions surged from March-May, and are now normalizing slightly higher YoY: +4%. This is an ENORMOUS shift and behavior adoption spark...that seems to be sticking. And it can absolutely be expected to ripple into other industries. Take a look at the Purchase Intent growth in the last 30 days vs. prior year for companies…

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FridaySep 11, 2020 11:55 am

NetworkNewsBreaks – Creatd Inc. (NASDAQ: CRTD) Announces Pricing of $7.76M Public Offering, Nasdaq Uplisting

Creatd (NASDAQ: CRTD, CRTDW) (Formerly Jerrick Media Holdings Inc.), the parent company and creator of the Vocal platform, today announced the pricing of its underwritten public offering of 1,725,000 units of securities at an offering price of $4.50 per unit. Creatd expects to receive gross proceeds of $7.7625 million in the offering, of which it intends to use the net proceeds to increase its marketing efforts, repay certain indebtedness, further research and development, and for general working capital. In connection with the offering, the company's common stock and warrants began trading on the Nasdaq Capital Market on September 11, 2020,…

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FridaySep 11, 2020 11:44 am

NetworkNewsBreaks – ev Transportation Services Inc. Announces New Senior Leadership Team

ev Transportation Services (“evTS”) on Thursday announced a new management team and the following appointments: Greg Horne as Chief Technology Officer; Jim Sabitus as VP of Operations (corrected from original release); Eric Burmeister as VP of Sales and Business Development; and Paul Barrett as VP of Marketing and Product. The new senior executives bring to evTS a wealth of experience and success across a range of industries and companies. “I am pleased to welcome Greg, Jim, Eric and Paul to evTS’ senior leadership team,” evTS CEO David Solomont said in the news release. “The breadth of experience, leadership qualities and…

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FridaySep 11, 2020 10:55 am

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) CEO and LD Micro Founder Discuss Synergies in Conference Call

SRAX (NASDAQ: SRAX), a provider of digital-marketing and consumer data-management technology solutions, on Thursday held a conference call with its CEO Chris Miglino and LD Micro Founder Chris Lahiji. During the call, Miglino and Lahiji discussed SRAX’s acquisition of LD Micro and synergies of the combined companies. "Both physical and virtual events that LD Micro has done are seen as the gold standard within the industry and we look forward to taking that to the next level," Miglino said during the call. To view a recording of the conference call, visit http://nnw.fm/GJ8D9 About SRAX Inc. SRAX is a digital-marketing and…

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FridaySep 11, 2020 10:09 am

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) to Present at the H.C. Wainwright & Co. 22nd Annual Global Investment Conference

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers of the brain and central nervous system, today announced that CEO John Climaco will present virtually at the H.C. Wainwright & Co. 22nd Annual Global Investment Conference. According to the update, Climaco’s presentation is scheduled to begin at 9:30 a.m. EDT on Wednesday, September 16, 2020, and CNSP management will hold one-on-one virtual investor meetings at the event. Interested parties may register for the presentation by visiting http://ibn.fm/3BGwC . In addition, a replay of the presentation will be available on the company's…

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FridaySep 11, 2020 9:50 am

NetworkNewsBreaks – Satsuma Pharmaceuticals, Inc. (NASDAQ: STSA) Featured in Mizuho Securities Research Report

Satsuma Pharmaceuticals, Inc. (NASDAQ: STSA) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “We are downgrading STSA shares to Neutral (from Buy) and lowering our price target (‘PT’) to $4 (from $32) following the disappointing top-line results from STS101, their intranasal dihydroergotamine (‘DHE’) in development for the acute treatment of migraine headaches. We spoke to management following the data release and, while they are still digesting the data and evaluating their options going forward, we see limited reasons for optimism and move to the sidelines on the stock.” To request access…

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ThursdaySep 10, 2020 1:18 pm

NetworkNewsBreaks – Macy’s, Inc. (NYSE: M) Featured in Analysis Report

Macy’s (NYSE: M) was featured in a recent analysis report highlighting the retailer ahead of its recently reported second quarter 2020 results (http://nnw.fm/ha4vb). The report, written by LikeFolio Founder Andy Swan, reads, “As ZM's report yesterday highlighted, changing quarantine behavior can create some big winners. But it can also highlight companies on the wrong side of the shift. cc: Macy's. After a brief digital bump in 20Q2, Purchase Intent in 20Q3 (1 month in) is pacing -7% YoY. Consumer happiness is dropping. From March to mid-June, sentiment fell 25 points. It is now setting in 12 points below March levels.”…

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ThursdaySep 10, 2020 1:07 pm

NetworkNewsBreaks – Rimini Street Inc. (NASDAQ: RMNI) Closes Public Offering of 6.1M Shares

Rimini Street (NASDAQ: RMNI), a global provider of enterprise software products and services, announced that it has closed an underwritten public offering of 6,100,000 primary shares of common stock. The company, which is also a leading third-party support provider for Oracle and SAP software products and a Salesforce partner, saw gross proceeds from the sale of approximately $27.5 million; the shares were sold at the public offering price of $4.50 per share. Rimini Street plans to use funds obtained from the public offering for working capital and other general corporate purposes. Roth Capital Partners acted as sole book-running manager for the…

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