NetworkNewsBreaks

ThursdayJul 25, 2019 1:04 pm

NetworkNewsBreaks – Medallia, Inc. (NYSE: MDLA) Closes $374.3 Million IPO

Medallia (NYSE: MDLA) has closed its initial public offering of 17,825,000 shares of its common stock, which included 1,175,000 additional shares per the full exercise of the over-allotment option granted to the underwriters. According to the update, the offering comprised of 16,060,000 shares by Medallia and 1,765,000 by selling stockholders, each sold at the public offering price of $21, resulting in approximately $374.3 million in gross proceeds. The shares began to trade on the New York Stock Exchange under the ticker symbol "MDLA" on July 19, 2019. ROTH Capital Partners acted as a co-manager for the offering. To view the…

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ThursdayJul 25, 2019 1:00 pm

NetworkNewsBreaks – Treasure Shipwreck & Recovery (BLIS) Explains Research and Recovery Targeting Cape Romain Site

Treasure & Shipwreck Recovery Inc. (“TSR”), currently trading as Beliss Corp. (OTC: BLIS), today released an explanation of the research and recovery targeting the Cape Romain, South Carolina, site, which is held by Federal Admiralty Order under the ownership of Dr. E. Lee Spence. According to the update, Dr. Spence is interested in the outer shoal of the site, which is over three nautical miles from shore and right on a path used by sea captains for hundreds of years. Dr. Spence discovered a valuable shipwreck on his very first trip to the shoal, and his research uncovered numerous accounts…

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ThursdayJul 25, 2019 12:12 pm

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Announces First Sale of the BaroShear K45, A Revolutionary Water-Soluble CBD Manufacturing System

Pressure BioSciences (OTCQB: PBIO), a leader in the development and sale of broadly enabling, pressure-based technology and products to the worldwide life sciences and other industries, today announced the initial sale of its revolutionary BaroShear(TM) K45 processing system. According to the update, the novel instrument system is based on the company’s proprietary Ultra Shear Technology(TM) (“UST”) platform and is designed to resolve one of the most critical problems facing CBD manufacturers today: the extremely poor water solubility of CBD Oil. “We are thrilled to be the first purchaser of the BaroShear K45 system,” Nano CBD Cosmetics LLC Founder Christopher Holden…

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ThursdayJul 25, 2019 12:02 pm

NetworkNewsBreaks – INmune Bio, Inc. (NASDAQ: INMB) to Present at 17th Annual Congress of International Drug Discovery Science & Technology 2019

INmune Bio (NASDAQ: INMB), an immunology company focused on developing treatments that harness the patient’s innate immune system to fight disease, this morning announced that its Director of Neuroscience, C.J. Barnum, and Co-Founder and CEO, R.J. Tesi, M.D., will present at the 17th Annual Congress of International Drug Discovery Science & Technology. The event, scheduled to take place in Japan on July 26, 2019, brings together immunotherapy industry leaders and provides a unique opportunity to connect scientists and facilitate the exchange of ideas and developments. According to the update, Dr. Tesi’s talk is titled, “Combination Immunotherapy to Overcome Resistance to…

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ThursdayJul 25, 2019 11:22 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) QuadSight(TM) Prototype Ordered by American Subsidiary of Leading Global Supplier

Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced an additional sale of a prototype of its QuadSight(TM) four-camera vision system that targets the semi-autonomous and autonomous vehicle market. According to the update, the American subsidiary of a leading global Tier One automotive supplier ordered the prototype system, and revenue from the sale is expected to total in the tens of thousands. As reported by the company, the American supplier participated in a technological roadshow that took place at the beginning of July in the Silicon Valley area. The roadshow consisted of live, real-time demonstrations and…

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ThursdayJul 25, 2019 11:18 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Subsidiary Adds Alternative Energy Financing Solution

Technology and investment company SinglePoint (OTCQB: SING), together with its subsidiary Direct Solar, today announced the addition of a new arm, Direct Solar Capital, an alternative energy financing solution. “We are looking for any developers, manufacturers, EPCs, contractors, etc. that have an alternative energy project that is ready to go, and they just need financing,” Pablo Diaz, CEO of Direct Solar of America and Direct Solar Capital, said in the news release. “We are the amalgamation of multiple funds that will be financing capital ready projects in the alternative energy space from $50,000 up to $3 million in funding.” To…

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ThursdayJul 25, 2019 10:44 am

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Launches California-Wide Advertising Campaign

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis branded products company in the U.S., this morning announced that it has launched its first California-wide marketing campaign with billboards and other out-of-home media secured in highly trafficked areas across San Francisco, Los Angeles and San Diego. The placements emphasize each of the moods - Balance, Uplift and Unwind – that are highlighted by the company’s new easy-to-use cannabis system that focuses on the science behind different THC and CBD combinations. Jill Greenberg, an artist well-known for her work with celebrities and large CPG and media brands, captured photography for the…

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ThursdayJul 25, 2019 10:34 am

NetworkNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Announces THR Subsidiary Cannabis Cultivation Results that Outperform Design Capacity by 50%

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) this morning announced recent cannabis production results at its wholly owned subsidiary Toronto Herbal Remedies Inc. (“THR”). According to the update, the total cultivation output of dry cannabis flower for the three-month period ended June 30, 2019, is 298kg compared to design capacity of 199kg. This represents overperformance of 49.9 percent versus design capacity. “The company has successfully achieved greater than expected results for the harvests from April to June 2019,” Sproutly Canada CEO Keith Dolo stated in the news release. “On a total of nine harvests, the average dry flower yield…

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ThursdayJul 25, 2019 9:41 am

NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Expands Executive Team; Appoints New Chief Information Officer and VP of Talent

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Wednesday announced the appointment of its new Chief Information Officer ("CIO") Ash Rajendra, who will focus on ensuring the company is well prepared to execute on its next phase of growth. In addition, Supreme Cannabis announced that Valerie Rother has joined the company and will serve as its new VP, Talent, to steward its human capital and talent development program. “We are excited to welcome Mr. Rajendra and Ms. Rother to the Supreme Cannabis team. Both bring a wealth of experience and knowledge to drive the company's next phase of…

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ThursdayJul 25, 2019 9:33 am

NetworkNewsBreaks – City View Green Holdings Inc. (CSE: CVGR) Reports Debt Settlements, Further Transactions

City View Green Holdings (CSE: CVGR) on Wednesday announced that it has negotiated debt settlements with arm's length creditors. In accordance with the debt settlement agreements, CVGR has settled a total debt of $580,019 as of July 24, 2019. In consideration for this agreement, the company will issue 2,693,460 common shares at a price of $0.15 each and 977,778 common shares at a price of $0.18 each. Upon being issued, the shares will be subject to a four month hold period. CVGR also reported that it has agreed to issue 1,000,000 common share purchase warrants to the landlord of the…

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