NetworkNewsBreaks

ThursdayJan 30, 2025 11:21 am

NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Announces Pricing of $6 Million Registered Direct Offering

SuperCom (NASDAQ: SPCB) has entered into securities purchase agreements with institutional investors to sell 545,454 ordinary shares at $11.00 per share in a registered direct offering, expected to generate approximately $6 million in gross proceeds. The offering, set to close on Jan. 31, 2025, is subject to customary conditions. SuperCom plans to use the net proceeds for working capital, research and development, potential acquisitions, and general corporate purposes. Maxim Group LLC serves as the sole placement agent for the transaction. To view the full press release, visit https://nnw.fm/fthh7 About SuperCom Since 1988, SuperCom has been a global provider of traditional…

Continue Reading

ThursdayJan 30, 2025 10:35 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Expands U.S. Battery Production with Nikola Equipment Purchase

Mullen Automotive (NASDAQ: MULN) announced the acquisition of additional battery line equipment from Nikola Corporation to enhance its Fullerton, California, battery operations. The facility, dedicated to producing next-generation American-made battery packs and solid-state polymers, will now include two high-volume standard battery chemistry lines, a solid-state polymer R&D line, and an expanded testing laboratory. The move aligns with Mullen’s commitment to domestic battery production and reduced reliance on foreign imports. The company has also submitted a revised plan to the U.S. Department of Energy, seeking $55 million in matching funds to support its U.S.-based battery and pack manufacturing capabilities. To view…

Continue Reading

ThursdayJan 30, 2025 10:01 am

NetworkNewsBreaks – Thumzup Media Corp. (NASDAQ: TZUP) Reports 230% Advertiser Growth, Expands National Presence

Thumzup (NASDAQ: TZUP) issued a shareholder letter detailing its achievements in 2024 and future strategic vision. The company reported a 230% increase in its advertiser base, now exceeding 600 active advertisers. Key milestones include a successful Nasdaq listing, an $8.2 million upsized public offering, and expansion into South Florida and Greater Los Angeles. Thumzup also enhanced its technology by integrating Instagram Reels and X while launching advanced analytics tools. Additionally, the company holds 19.106 BTC and has a board-approved strategy to allocate up to 90% of its liquid assets to Bitcoin. To view the full press release, visit https://nnw.fm/itlLc About Thumzup®…

Continue Reading

ThursdayJan 30, 2025 9:51 am

NetworkNewsBreaks – Brera Holdings PLC (NASDAQ: BREA) Outlines Strategic Vision for Juve Stabia Expansion

Brera Holdings (NASDAQ: BREA) presented its long-term strategic vision for SS Juve Stabia Srl, the Serie B football club in which it has acquired a 34.62% stake. Executive Chairman Daniel McClory detailed plans to enhance the club’s operations, competitive positioning, and commercial success using Brera’s multi-club ownership ("MCO") model. Speaking alongside Juve Stabia’s management, McClory emphasized Brera’s commitment to sustainable growth, improved facilities, and expanded commercial opportunities. The announcement follows Juve Stabia’s 2-1 victory over Carrarese, reinforcing Brera’s active role in the club’s ambitions as it currently sits fifth in Serie B with 33 points. To view the full press…

Continue Reading

WednesdayJan 29, 2025 1:10 pm

NetworkNewsBreaks – PayPal Holdings Inc. (NASDAQ: PYPL) and Venmo Mobilize to Support Los Angeles Wildfire Relief Efforts

In response to the devastating wildfires in Los Angeles, PayPal (NASDAQ: PYPL) and its customers have collectively raised $1.65 million to aid relief efforts. PayPal has committed to matching 100% of donations up to $1 million, with individual contributions matched up to $1,000 per donor until Feb. 12, 2025. The funds are directed to organizations such as the California Community Foundation’s Wildfire Relief Fund, which provides immediate and long-term support to affected individuals and communities. Additionally, PayPal’s subsidiary, Venmo, has announced further support for FireAid initiatives, enabling users to contribute directly through the Venmo app. This initiative aims to leverage…

Continue Reading

WednesdayJan 29, 2025 12:29 pm

NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Secures Multi-Year National Contract for Digital Driving License System

SuperCom (NASDAQ: SPCB) has won a multi-year contract to develop, deliver and maintain a national computerized system for secured Driving License ("DL") cards in a Nordic European country. The system will utilize SuperCom’s Magna™ e-Government platform, integrating with the country's existing e-ID and e-Passport infrastructure while complying with EU and ICAO security standards. The company will also provide long-term system maintenance and support. CEO Ordan Trabelsi highlighted the contract as part of SuperCom’s strategy to expand in developed markets and strengthen its position as a trusted provider of secure digital identity and monitoring solutions in Europe. To view the full…

Continue Reading

WednesdayJan 29, 2025 12:05 pm

NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Reports 2024 Production Within Guidance; Sets 2025 Outlook; Makes Strategic Investment in Goliath Resources

McEwen Mining (NYSE: MUX) (TSX: MUX), announced full-year 2024 consolidated production of 135,900 gold equivalent ounces ("GEOs"), aligning with its annual guidance. Gold Bar and San José mines exceeded expectations with 44,600 and 60,100 GEOs, respectively, while the Fox Complex fell short at 30,150 GEOs due to a stope failure in early 2024. For 2025, MUX projects production between 120,000 and 140,000 GEOs, influenced by the transition at Fox from the Froome mine to the Stock mine, which is now expected to reach commercial production in early 2026. Gold Bar’s production will be weighted toward the second half of the…

Continue Reading

WednesdayJan 29, 2025 11:31 am

NetworkNewsBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQX: SWISF) (FSE: GDT0) Partners With Freedom Square, 13 Stripes Media to Expand Privacy Solutions

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0), a U.S.-based, Swiss-hosted cybersecurity and privacy communications platform and subsidiary of Sekur Private Data Ltd. (OTCQB: SWISF, CSE: SKUR, FRA: GDT0), has announced a strategic partnership with Freedom Square Inc. and 13 Stripes Media to offer its secure communications and web browsing solutions to over 50 million individuals and businesses in their networks. Freedom Square, known for promoting free speech and business networking through its Freedom Chamber initiative, will integrate Sekur’s offerings into its website, daily news digest, and targeted email campaigns. 13 Stripes Media will also execute digital marketing campaigns…

Continue Reading

WednesdayJan 29, 2025 10:45 am

NetworkNewsBreaks – SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) Highlights Major 2024 Milestones, Expands Clean Energy Footprint

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (CSE: SUNN) has announced key achievements from 2024, including over $67.5 million in committed financing and several strategic initiatives. Highlights include a $49.5 million transaction with Qcells for four New York solar projects, a $25.8 million financing deal with Royal Bank of Canada for battery storage projects, and a Nasdaq listing in April. SolarBank also completed its acquisition of Solar Flow-Through Funds Ltd., valued at up to $45 million, and expanded its board with renewable energy expert Chelsea L. Nickles. The company is exploring data center colocation as part of its…

Continue Reading

WednesdayJan 29, 2025 10:10 am

NetworkNewsBreaks – HeartBeam Inc. (NASDAQ: BEAT) Submits FDA Application for 12-Lead ECG Synthesis Software

HeartBeam (NASDAQ: BEAT), a medical technology company advancing cardiac care, has submitted a 510(k) application to the U.S. Food and Drug Administration (“FDA”) for its 12-lead electrocardiogram (“ECG”) synthesis software. The software is designed to assess cardiac rhythms and arrhythmias, including atrial fibrillation, atrial flutter, bradycardia, and tachycardia. The submission is supported by data from the VALID-ECG pivotal study, which enrolled 198 patients across five clinical sites and demonstrated clinical equivalence to standard 12-lead ECGs. HeartBeam recently secured FDA clearance for its patented technology that captures heart signals from three directions and synthesizes them into a traditional 12-lead ECG format.…

Continue Reading