NetworkNewsBreaks

MondayAug 24, 2020 1:00 pm

NetworkNewsBreaks – Fathom Holdings Inc. (NASDAQ: FTHM) Closes $34.3M IPO

Fathom Holdings (NASDAQ: FTHM), a holding company that primarily operates through its wholly owned subsidiary, Fathom Realty Holdings, LLC, a national, cloud-based, real estate brokerage, has closed its initial public offering (“IPO”) of 3,430,000 shares of its common stock. According to the update, each of the shares were sold at the public offering price of $10. Fathom secured gross proceeds of $34.3 million in the offering, which it intends to use for general corporate purposes, which may include financing growth, developing new services and funding capital expenditures, acquisitions and investments. The common stock began trading on the Nasdaq, under ticker…

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MondayAug 24, 2020 12:31 pm

NetworkNewsBreaks – Planet 13 Holdings Inc. (CSE: PLTH) (OTCQB: PLNHF) Announces $15M Bought Deal Offering

Planet 13 Holdings (CSE: PLTH) (OTCQB: PLNHF), a vertically integrated cannabis company based in Nevada, recently announced its entry into an agreement with a syndicate of underwriters, co-led by Beacon Securities Limited and Canaccord Genuity Corp., pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 4,060,000 units in the capital of the company, each at a price of $3.70. According to the update, Planet 13 will secure aggregate gross proceeds of $15,022,000 in the offering (all figures are in Canadian dollars unless otherwise stated), of which it intends to use the net proceeds for working…

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MondayAug 24, 2020 11:24 am

NetworkNewsBreaks – InvestorBrandNetwork and NetworkNewsWire to Continue Long-Standing Finovate Partnership, Further Enhance Reach of Fall 2020 Event

InvestorBrandNetwork (“IBN”), a multifaceted communications organization engaged in connecting private and public companies to the investment community, today announced that NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company part of IBN, will once again partner with Finovate for its upcoming event to take place in an entirely digital format. IBN has been named as the official corporate communications firm and NNW will serve as the official newswire for FinovateFall 2020, scheduled to be held from September 14-18, 2020. “We are delighted to continue our long-standing partnerships with the IBN team,” said Greg Palmer, VP of Finovate, in the news…

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MondayAug 24, 2020 11:05 am

NetworkNewsBreaks – Wrap Technologies, Inc. (NASDAQ: WRTC) to Serve as an Exclusive Sponsor for Inaugural NFBW Event

Wrap Technologies (NASDAQ: WRTC), an innovator of modern policing solutions, today announced that it will serve as one of three exclusive sponsors for the 2020 National Faith & Blue Weekend (“NFBW”). According to the update, national law enforcement groups MovementForward, Inc.’s One Congregation One Precinct (“OneCOP”) initiative and the U.S. Department of Justice Office of Community Oriented Policing Services (“COPS Office”) are jointly organizing the NFBW, the most consolidated police-community engagement project in recent history. “Wrap Technologies is honored to be a partner in the inaugural National Faith & Blue Weekend.  This innovative and collaborative police-community engagement project will facilitate…

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MondayAug 24, 2020 10:40 am

NetworkNewsBreaks – Trxade Group, Inc. (NASDAQ: MEDS) to Present at LD Micro 500 Virtual Investor Conference

Trxade Group (NASDAQ: MEDS), an integrated drug procurement, delivery and health-care platform, today announced that management will present at the LD 500 virtual investor conference, hosted by LD Micro and taking place from September 1 – 4, 2020. According to the update, Trxade Group CEO Suren Ajjarapu is scheduled to host a virtual presentation at 1:40 p.m. Eastern Time on Wednesday, September 2, and will also participate in one-on-one meetings throughout the day. Interested parties may register for the event at the following link, where a live audio webcast and archive of the conference presentation will be available: http://nnw.fm/sUcOa. To…

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MondayAug 24, 2020 9:26 am

NetworkNewsBreaks – iClick Interactive Asia Group Limited (NASDAQ: ICLK) Announces Q2 2020 Results

iClick Interactive Asia Group (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, today announced unaudited financial results for the second quarter ended June 30, 2020. "As China's economy begins to recover from the coronavirus pandemic, I am pleased to report that our company delivered outstanding results in the second quarter of 2020, with record high revenue, substantially reduced net loss, record high adjusted EBITDA and adjusted net income, as well as the highest gross profit for any second quarter in the company's history," said Jian "T.J." Tang, CEO and co-founder of iClick, in the press…

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FridayAug 21, 2020 2:53 pm

NetworkNewsBreaks – Why Mobius Interactive Ltd. Is ‘One to Watch’

Mobius Interactive, set to launch in September 2020, is an online gaming operator that will offer various products to engage diverse demographic groups and high-net-worth gamers from around the world. A recent article discusses Mobius Interactive’s strategic partnership with Puurl, which will enable the addition of a unique revenue stream to complement core business operations. The article reads, “Puurl provides a solution that embeds eGaming platforms into any existing online e-commerce store. First, shoppers can install the Puurl add-on to their browsers. Then, when visiting their preferred e-commerce stores, players will be prompted to bet, with the potential to win…

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FridayAug 21, 2020 2:17 pm

NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Provides One-Stop Shop for Online Auto Transactions

PowerBand Solutions’ (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) online marketplace takes the hassle out of buying, selling, leasing and trading vehicles. The digital, one-stop shop is a win/win for everyone engaged in automotive transactions. A recent article discussing this reads, “The insurance and financing solutions available on the platform mean transactions take less time than with a brick-and-mortar dealer. The virtual marketplace also gives consumers easier access to inventory. And dealers benefit too; the platform provides a fast, cost-effective way to move product. The PowerBand Auto Platform is a comprehensive solution for manufacturers, dealers, lenders and consumers alike to engage…

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FridayAug 21, 2020 2:01 pm

NetworkNewsBreaks – Alkermes plc (NASDAQ: ALKS) Featured in Mizuho Securities Research Report

Alkermes plc (NASDAQ: ALKS) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “Alkermes announced this morning that the FDA will hold an Advisory Committee Meeting on October 9 to discuss their pipeline drug ALKS 3831. We already knew a meeting was coming up ahead of the November 15 FDA action date and that it would focus on the clinical meaningfulness of the ALKS 3831 data. Importantly, the company also now disclosed that the meeting will discuss ""certain potential clinical risks related to the interaction of ALKS 3831...and opioids in the intended…

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FridayAug 21, 2020 1:44 pm

NetworkNewsBreaks – Amazon.com, Inc. (NASDAQ: AMZN) Featured in Analysis Report

Amazon.com (NASDAQ: AMZN) was featured in a recent analysis report highlighting consumer demand. The report, written by LikeFolio Founder Andy Swan, reads, “Take a look at this impressive chart for Amazon... Not the stock chart, but LikeFolio Mentions of consumers talking about spending money with Amazon services (signing up for and ordering from Amazon Prime, shopping at Whole Foods, etc.): You may say, Andy, what's the big deal, +6% is nothing... But hear me out. Amazon is pacing for year-over-year growth in a quarter that DIDN'T have an Amazon Prime Day. (Prime Day has been delayed). We'll continue to monitor…

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