NetworkNewsBreaks Archive - Page 1816 of 1822

FridayOct 07, 2016 2:42 pm

Alcobra (ADHD) Issues Update on FDA Communications Regarding MEASURE Study

Alcobra Ltd. (NASDAQ: ADHD), an emerging pharmaceutical firm focused on the development of novel medications to treat cognitive disorders such as Attention Deficit Hyperactivity Disorder (ADHD) and Fragile X Syndrome, announced earlier today that it has received a full clinical hold notice from the U.S. Food and Drug Administration’s Division of Psychiatry Products regarding its phase III clinical study of Metadoxine Extended Release (MDX) for the treatment of ADHD in adult patients. The letter indicates that the FDA hold in in response to electrophysiological neurologic findings in previously submitted long-term animal studies of Metadoxine. The FDA has recommended that Alcobra…

FridayOct 07, 2016 1:14 pm

Idera Pharmaceuticals (IDRA) Prices Public Offering of Common Stock at $2 per Share

Idera Pharmaceuticals, Inc. (NASDAQ: IDRA) priced an underwritten public offering of 25 million shares of its common stock at $2.00 per share in a news release issued this morning. Underwriters participating in the offering are granted a 30-day option to purchase up to an additional 3,750,000 shares of common stock, with all shares in the offering being sold by Idera. Gross proceeds from this offering are expected to total roughly $50 million before underwriting discounts and commissions and other offering expenses. The company plans to use the net proceeds from this offering, along with its existing cash and cash equivalents,…

FridayOct 07, 2016 12:55 pm

Frontier Communications (FTR) Offering Free Call Forwarding for South Carolina Customers Affected by Hurricane Matthew

Frontier Communications Corp. (NASDAQ: FTR), a leading provider of communications services, issued a news release earlier today reminding its residential and business customers that they can stay connected with their home or business phones during evacuations related to Hurricane Matthew with the company’s call forwarding feature. Although many of the company’s customers already have access to the feature as part of their bundled services, Frontier is offering all of its South Carolina customers in impacted areas access to its call forwarding feature free of charge for the next 30 days to aid in the ongoing evacuations. “Communications, particularly in uncertain…

ThursdayOct 06, 2016 12:39 pm

SinglePoint, Inc.’s (SING) Text2Bid is Anchor in $18B Auction Industry

SinglePoint (OTC: SING) is a holding company focused on acquiring small to mid-sized companies with mobile technologies. One fruit of this business model is the company’s Text2Bid mobile bidding platform, an asset obtained through the Company’s acquisition of Mobile Bidding Technologies (MBT) in 2015. Text2Bid has established a recognizable name in the broader $18 billion auction industry with a track record of turning normal auctions into interactive experiences, with a yearly average increase of 28% in total amount donated, as compared to previous years without the solution. To view the full article, visit: http://nnw.fm/2NUAz About SinglePoint, Inc. SinglePoint, Inc. is…

ThursdayOct 06, 2016 12:37 pm

Moxian, Inc. (MOXC) Platforms Strengthen Social Commerce

Moxian, Inc. (OTCQB: MOXC), a provider of social marketing and promotion platforms, is in a prime position to take advantage of the incredible growth of social commerce. Though still in development-stages, social commerce is led by heavy hitters like Amazon (NASDAQ: AMZN) and Facebook (NASDAQ: FB), and according to Sumo Heavy Industries, a large majority of online shoppers say they are willing to make purchases online again in the future. Moxian fits into this picture by offering merchants the ability to grow and advertise their businesses via social media. To view the full article, visit: http://nnw.fm/W2ovt About Moxian, Inc. Moxian…

ThursdayOct 06, 2016 12:35 pm

Capstone Turbine Corp. (CPST), Sky Solar Holdings, Ltd. (SKYS) Sign Financing Agreement of up to $50M

Capstone Turbine (NASDAQ: CPST) this morning announced its strategic financing relationship agreement with Sky Solar Holdings (NASDAQ: SKYS) and Sky Capital America, Inc., a Sky Solar subsidiary, to provide funding to Capstone Turbine’s Capstone Energy Finance (“CEF”) joint venture. Among other terms of the agreement, Sky Group has first right of refusal to provide funding of up to $50 million, which may be extended by an additional $100 million at Sky Group’s sole discretion for various CEF projects on a global basis after Capstone and CEF have exhausted internal funding sources of up to $25 million. “Capstone’s new finance subsidiary…

ThursdayOct 06, 2016 12:34 pm

Jaguar Animal Health, Inc. (JAGX) Signs LOI for Proposed Merger with Napo Pharmaceuticals, Inc.

Jaguar Animal Health (NASDAQ: JAGX) this morning announced its non-binding letter of intent with Napo Pharmaceuticals in a potential merger deal centered on Napo’s FDA-approved crofelemer for the symptomatic relief of noninfectious diarrhea in adults with HIV/AIDS on antiretroviral therapy. Napo focuses on human product development and commercialization of proprietary pharmaceuticals, and has provided Jaguar with exclusive worldwide rights for veterinary applications to crofelemer – which is also the active pharmaceutical ingredient (API) in Jaguar’s lead prescription drug candidate, Canalevia™ for the treatment of various forms of diarrhea in dogs - as well as corresponding rights to all related Napo…

ThursdayOct 06, 2016 12:32 pm

Inventergy Global, Inc. (INVT) Prices $6M Public Offering

As part of its plan of compliance with NASDAQ, Inventergy Global, Inc. (NASDAQ: INVT) this morning priced a registered public offering of $1 per common stock and warrant for gross proceeds of approximately $6.0 million. The IP company said it plans to use the net proceeds of the offering to redeem a portion of its outstanding Series C and Series E preferred stock and to fund operations. Company management also expects that approximately $5.3 million of the public offering will result in the company's stockholders' equity exceeding the NASDAQ requirement of $2.5 million. The warrants are exercisable immediately and for…

WednesdayOct 05, 2016 12:51 pm

Amedica Corporation (AMDA) Cuts Workforce by 38%

Amedica Corporation (NASDAQ: AMDA), a technology company that manufactures and commercializes silicon nitride ceramic for biomedical applications, this morning announced that it has reduced its workforce by approximately 38% to lower its operating expenses. Amedica said it expects the reduction to save roughly $2 million on an annualized basis. Severance-related costs of approximately $465,000 will be recorded in Q4 2016. "We acknowledge the hard work of those affected by this decision, towards bringing silicon nitride technology to patient care," Dr. Sonny Bal, chairman and CEO of Amedica, stated in the news release. "Consistent with our previously-announced commitments, this prudent course,…

WednesdayOct 05, 2016 12:50 pm

eXp World Holdings, Inc. (EXPI) Hosting Sold-Out Real Estate Conference

eXp World Holdings, Inc. (OTCQB: EXPI), owner of cloud-based real estate brokerage firm eXp Realty, recently announced changes to its leadership team as part of its strategy to continue its rapidly growing presence in the real estate market. Indicative of this growth, the company is currently hosting its third annual real estate conference in San Antonio, Texas, which sold out well before its opening. More than 600 of eXp Realty’s brokers and agents are expected to attend the conference, more than three times the number from last year’s event. This year’s conference is taking place October 5-7, 2016. To view…