NetworkNewsBreaks

MondayJun 08, 2020 3:28 pm

NetworkNewsBreaks – Wrap Technologies, Inc. (NASDAQ: WRTC) Closes $12.4M Financing

Wrap Technologies (NASDAQ: WRTC), an innovator of modern policing solutions, recently announced the closing of its $12.4 million financing led by existing investors. Wrap intends to utilize the net proceeds towards scaling engineering, product development and to provide working capital to meet the demand for its BolaWrap products and accessories. In addition, the company reported that Elwood Norris, the company’s founder and largest shareholder, exercised 100,000 outstanding warrants at a price of $5.00 each for $500,000. In combination with other investors’ recently exercised 2018 warrants, the warrants provided the company with more than $4.1 million of additional working capital. “I…

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MondayJun 08, 2020 12:28 pm

NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Accepts USD $2.7M Investment, Completes Mission to Offer Transformative Cloud-Based Platform

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) today announced that its wholly-owned subsidiary, PowerBand Solutions US Inc. ("PowerBand US"), is accepting an additional USD $2.7-million investment from Texas-based D&P Holdings, Inc. ("D&P"), as it prepares for June vehicle lease originations in the United States. According PowerBand CEO Kelly Jennings, PowerBand has completed its more than two-year mission to offer a cloud-based platform that will transform the buying, selling, leasing and financing of vehicles. The platform removes unnecessary middlemen in the automotive retail sector and offers cloud-based solutions allowing automotive transactions to be carried out from any location, on smart…

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MondayJun 08, 2020 12:21 pm

NetworkNewsBreaks – Digital Ally, Inc. (NASDAQ: DGLY) Launches Body Camera Subscription Program in Response to High Demand for Video Evidence Technology

Digital Ally (NASDAQ: DGLY), which develops, manufactures and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety and security, today announced the launch of a body camera subscription program as a response to high demand for video evidence technology for police and other first responder personnel. According to the update, the program features Digital Ally’s lightweight, weather resistant FirstVu Body Camera with Mini Dock. Several subscription packages will be available, with versatility to match a department’s unique needs. “Current events are bringing widespread attention to the importance of body cameras,” Digital Ally…

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MondayJun 08, 2020 11:48 am

NetworkNewsBreaks – CloudCommerce, Inc. (CLWD) Eyes Strong Trend to Digital Media, Acceleration Appears to be Helped by Pandemic

CloudCommerce (OTC: CLWD), a leading provider of digital advertising solutions, today announced that in spite of the economic downturn caused by the COVID-19 pandemic, the Company has recently increased revenue from its existing client base and added new clients within the past few weeks. “As was the case with most business leaders, our management team was concerned about the economic headwinds caused by the COVID-19 pandemic,” Andrew Van Noy, CEO of CloudCommerce, stated in the news release. “However, I am pleased to announce that our recent sales efforts have resulted in newfound revenue growth for CloudCommerce. As the economy begins…

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MondayJun 08, 2020 11:27 am

NetworkNewsBreaks – Adaptimmune Therapeutics plc (NASDAQ: ADAP) Closes $259.3M Follow-On

Adaptimmune Therapeutics (NASDAQ: ADAP), a leader in cell therapy to treat cancer, recently closed an underwritten public offering of 20,500,000 of its American Depositary Shares (“ADSs”), including 3,075,000 additional ADSs in accordance with the full exercise of the over-allotment option granted to the underwriters, resulting in gross proceeds of approximately $259.3 million. The ADSs were sold at the public offering price of $11.00 each. The company intends to utilize the proceeds from the offering towards advancing the development of its immunotherapies into and through clinical trials and for general corporate purposes. ROTH Capital Partners acted as lead manager for the…

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MondayJun 08, 2020 11:11 am

NetworkNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) Engages Toronto-based Dalriada to Advance NCE IP Portfolio

Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496), a human optimization sciences company with an emphasis on ketamine and psychedelic medicine, today announced its selection of Toronto-based Dalriada Drug Discovery Inc. (“Dalriada”) to advance its new chemical entity (“NCE”) IP portfolio as it pertains to ketamine and psilocybin/psilicin molecular scaffolds. According to the update, Dalriada, a leading contract research organization (“CRO”) in the drug discovery space, will lead Champignon’s new drug discovery programs in the NCE arena and further provide integrated R&D support to accelerate the Company’s existing preclinical assets and ongoing development of proprietary delivery platforms. “It is with…

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MondayJun 08, 2020 10:44 am

NetworkNewsBreaks – InsuraGuest Technologies Inc. (TSX.V: ISGI) Secures Utah Department of Insurance Approval of RPG Application

InsuraGuest Technologies (TSX.V: ISGI) today announced that the Utah Department of Insurance has found the Company’s wholly owned U.S. subsidiary InsuraGuest Risk Purchasing Group, LLC (“RPG”) to be in compliance with the requirements set forth in section 31A-15-201 of the Utah Code (the Risk Retention Groups Act). As of the acceptance date of June 4, 2020, RPG is registered and authorized to do business in Utah, with the Utah Insurance Department. “This is the last piece of the puzzle we needed to complete our Master Policy for our RPG’s Hospitality Liability coverages,” Douglas Anderson, chairman and CEO of InsuraGuest, stated…

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MondayJun 08, 2020 10:11 am

NetworkNewsBreaks – Genprex, Inc.’s (NASDAQ: GNPX) Chairman and CEO to Present at the MoneyShow June Virtual Event

Genprex (NASDAQ: GNPX), a clinical-stage gene therapy company developing potentially life-changing technologies for patients with cancer and diabetes, today announced that it will present at the MoneyShow June Virtual Event at 12:50 p.m. EDT on Wednesday, June 10, 2020. According to the update, Genprex’s CEO and Chairman, Rodney Varner, will deliver a company overview and provide updates on its product pipeline, including its lead drug candidate, Oncoprex(TM) immunogene therapy, which received Fast Track Designation from the Food and Drug Administration for its combination therapy with AstraZeneca’s Tagrisso(R). He will also provide an overview of Genprex’s in-licensing of a preclinical gene…

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MondayJun 08, 2020 9:42 am

NetworkNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) CEO to Present at the Virtual Summer Summit Online Event

Exro Technologies (CSE: XRO) (OTCQB: EXROF) today announced that its CEO, Sue Ozdemir, will present at the Virtual Summer Summit online event on June 10, 2020. According to the update, Ozdemir will provide an update on the Company's technology and rapidly advancing commercialization strategy, which now includes five partnerships with companies in the mobility sector that are using Exro's patented coil switching to dramatically improve the performance and sustainability of power trains. Investors and interested parties are invited to visit the following link to register for the Exro presentation, scheduled to take place at 10:55 a.m. Eastern Time on Wednesday,…

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FridayJun 05, 2020 3:00 pm

NetworkNewsBreaks – ISW Holdings (ISWH) Expands Home Healthcare Operations to Meet Rising Need

International Spirits & Wellness Holdings (OTC: ISWH) (“ISW Holdings”), a top-tier brand incubator operating in the spirits, CBD-infused products, and home healthcare markets, recently announced the expansion of its home healthcare segment to multiple new major metropolitan areas in Nevada, New Mexico, Arizona and Florida. “Home Healthcare has been responsible for the bulk of our revenues over the past three quarters, and we are uniquely well-positioned to expand further to meet this dramatic new need,” ISW Holdings president Alonzo Pierce stated in the news release. “The emergence of COVID-19 as a burgeoning pandemic, now beginning to surge as an outbreak…

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