NetworkNewsBreaks

WednesdayMar 05, 2025 2:15 pm

NetworkNewsBreaks – Turning Point Brands Inc. (NYSE: TPB) Closes $300M Senior Secured Notes Offering 

Turning Point Brands (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products, recently announced that it has closed the issuance of $300.0 million of 7.625% senior secured notes due 2032. TPB will use the proceeds to refinance existing notes, pay related fees and expenses and for general corporate purposes. Roth Capital Partners acted as co-manager for the transaction.  For more information about the company, visit https://nnw.fm/iSH5Q  About Turning Point Brands Inc.  Turning Point Brands is a manufacturer, marketer and distributor of branded consumer products including alternative smoking accessories and consumables with active ingredients through its iconic Zig-Zag(R) and…

Continue Reading

WednesdayMar 05, 2025 9:40 am

NetworkNewsBreaks – Massimo Group (NASDAQ: MAMO) Strengthens Retail Partnerships at Industry Events

Massimo Group (NASDAQ: MAMO), a manufacturer of powersports vehicles, is deepening relationships with key retail partners through participation in major industry events. The company recently attended the Rural King Vendor Summit in Mattoon, Illinois, and is currently engaging with Tractor Supply Company & PetSense representatives at their ASM and Partner Trade Show in Nashville, Tennessee. These events allow Massimo to collaborate with store managers, buyers, and executives to align its UTVs, ATVs, and outdoor equipment with customer needs. The company aims to enhance its market presence by leveraging direct feedback from retail partners and expanding its strategic partnerships. To view the…

Continue Reading

WednesdayMar 05, 2025 9:39 am

NetworkNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Enters $10 Million Standby Equity Purchase Agreement

Scinai Immunotherapeutics (NASDAQ: SCNI), a biopharmaceutical company focused on inflammation and immunology biological products and contract development and manufacturing organization (CDMO) services, has entered into a standby equity purchase agreement with YA II PN, Ltd., a fund managed by Yorkville Advisors Global. The agreement allows Scinai to sell up to $10 million of its American Depository Shares to Yorkville over a three-year period, subject to certain conditions, including a 9.99% beneficial ownership cap. The company retains full control over the timing and amount of any sales, with no obligations or penalties for non-use. Proceeds will support the development of Scinai's NanoAbs…

Continue Reading

WednesdayMar 05, 2025 8:30 am

NetworkNewsBreaks – Capstone Holding Corp. (NASDAQ: CAPS) Prices $5 Million Follow-on Offering at $4 Per Share

Capstone Holding Corp. (NASDAQ: CAPS), a building products distribution company, priced its follow-on public offering of 1.25 million common shares at $4.00 each, aiming to raise $5 million in gross proceeds before expenses. The shares are expected to begin trading on the Nasdaq Capital Market on March 6 under the ticker "CAPS." The company also granted underwriters a 45-day option to purchase up to 187,500 additional shares. The offering is set to close on or about March 7, pending customary conditions. To view the full press release, visit https://nnw.fm/A30uV About Capstone Holding Corp.  Capstone Holding Corp. is a building products…

Continue Reading

TuesdayMar 04, 2025 1:35 pm

NetworkNewsBreaks – Match Group Inc. (NASDAQ: MTCH) Promotes Hesam Hosseini to COO; President Gary Swidler to Step Down

Match Group (NASDAQ: MTCH), has announced significant executive changes, promoting Hesam Hosseini to Chief Operating Officer effective April 1, 2025. Hosseini, who has been with the company since 2008, currently serves as CEO of Evergreen & Emerging Brands within Match Group. In his new role, he will focus on driving growth and execution across the company's global portfolio. Concurrently, Gary Swidler will step down as President on April 1 and continue as an advisor until July 4, 2025, marking the end of his decade-long tenure during which he played a pivotal role in taking the company public and driving strategic…

Continue Reading

TuesdayMar 04, 2025 1:25 pm

NetworkNewsBreaks – Tesla Inc. (NASDAQ: TSLA) Price Target Cut 22% by Bank of America on Tariff Risks

Tesla (NASDAQ: TSLA) saw its price target slashed by 22% at Bank of America, with analysts lowering their outlook from $490 to $380. The downgrade reflects growing concerns over potential tariff risks that could impact Tesla’s supply chain and sales, particularly as trade tensions between the U.S. and key international markets escalate. Analysts cited uncertainty surrounding electric vehicle demand and higher production costs as additional headwinds for the automaker. As of the latest trading session, Tesla shares traded at $268.47, down 5.7% on the day. The stock has fluctuated between an intraday high of $285.86 and a low of $262.00.…

Continue Reading

TuesdayMar 04, 2025 12:55 pm

NetworkNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Stock Price Down 4.3% Following Insider Selling

Meta Platforms (NASDAQ: META) saw its stock decline by 4.3% following insider selling activity. Chief Product Officer Christopher K. Cox sold 20,000 shares on Feb. 27 at an average price of $677.71, totaling approximately $13.55 million. The sale reduced Cox’s holdings by 6.08%, leaving him with 308,686 shares. Investors reacted to the transaction, contributing to the stock’s downward movement. As of the latest trading session, Meta shares traded at $629.50, down 3.9% on the day. The stock reached an intraday high of $657.50 and a low of $623.66. To view the full article, visit https://nnw.fm/5XV6c About Meta Platforms Inc. Meta…

Continue Reading

TuesdayMar 04, 2025 12:35 pm

NetworkNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Sees Increased Stake as Key Financial Inc. Acquires 74 Additional Shares

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) saw a slight increase in institutional ownership as Key Financial Inc. boosted its holdings by acquiring 74 additional shares in the fourth quarter. This brings Key Financial's total position in the tech giant to 16,712 shares, valued at approximately $3.16 million. The move reflects continued investor confidence in Alphabet's long-term growth prospects. As of the latest trading session, Alphabet shares opened at $170.33. The stock has ranged between a 52-week low of $130.66 and a high of $207.05. Alphabet’s market capitalization stands at $2.08 trillion, with a price-to-earnings (P/E) ratio of 21.16 and a beta…

Continue Reading

TuesdayMar 04, 2025 11:10 am

NetworkNewsBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQX: SWISF) (FSE: GDT0) Prepares for Nasdaq Uplisting, Launch of Corporate Suite

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0) announced plans to launch its Sekur Corporate Suite, an all-in-one enterprise cybersecurity and privacy communications solution integrating multi-hierarchy and user authorization features. The company is positioning itself to capitalize on the expanding secure mobile communications market, projected to grow from $14.5 billion in 2022 to $88.8 billion by 2032, driven by increasing demand for encrypted corporate communication solutions. Additionally, Sekur is advancing its efforts to uplist from OTC Markets to Nasdaq by the end of Q2 2025, with investment banking partnerships and audited financials in the final stages. To view the…

Continue Reading

TuesdayMar 04, 2025 10:29 am

NetworkNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Board Elections and Executive Appointments

FingerMotion (NASDAQ: FNGR) reported the results of its annual stockholders' meeting held on Feb. 28, 2025. The company re-elected Martin J. Shen, Hsien Loong Wong, Yew Poh Leong, Eng Ho Ng, and Tuck Seng Low to its Board of Directors. Additionally, CT International LLP was appointed as the independent registered public accounting firm, and executive compensation was approved. Following the meeting, the Board reappointed Martin J. Shen as President and CEO and Yew Hon Lee as CFO, Secretary, and Treasurer. To view the full press release, visit https://nnw.fm/0EZEW About FingerMotion Inc. FingerMotion is an evolving technology company with a core competency…

Continue Reading