NetworkNewsBreaks Archive - Page 2115 of 2220

TuesdayJun 20, 2017 12:15 pm

NetworkNewsBreaks – ADOMANI, Inc. (NASDAQ: ADOM) Becomes First to IPO on NASDAQ Under the Jobs Act Regulation A+

ADOMANI (NASDAQ: ADOM) recently became the first Regulation A+ offering to trade its shares on the NASDAQ Capital Market. The ADOMANI offering was underwritten by Boustead Securities, LLC, and ranks as the second best-performing IPO of 2017 according to data compiled by StreetInsider.com. The provider of advanced zero emission vehicle solutions saw its share price climb 92% to $9.60. The company, along with certain stockholders, sold a total of 2,852,275 shares in the offering at $5 per share, for a total of approximately $14.3 million. “This capital raise is a milestone achievement that will allow us to grow quickly and…

TuesdayJun 20, 2017 12:12 pm

NetworkNewsBreaks – Patriot One Technologies (TSX.V: PAT) (OTCQB: PTOTF) Takes Aim at Fighting Terror with Active Shooter Prevention Solution

As news of terrorist attacks and mass shootings dominate world headlines, it is unsurprising that security and defense continue to be big business in today’s market. The innovations of companies like Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQB: PTOTF) aim to effectively fight these types of attacks on the innocent with cutting-edge technology that actually helps prevent suicide attacks and other acts of mass violence from ever taking place. “Engaged in creating powerful solutions that minimize security risks, Patriot One employs novel radar technology for the detection of concealed weapons. The company’s disruptive PATSCAN™ technology, the first system of its…

TuesdayJun 20, 2017 9:29 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Secures Funding to Drive Development of Bitcoin Payment Solution

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced that it has successfully closed a $1 million company-friendly convertible promissory note with an institutional investor. Per the update, the company intends to use this funding to execute on its previously announced bitcoin payments solution, which it is developing in partnership with First BitCoin Capital (OTC: BITCF). “This is great timing for SinglePoint. We have many acquisitions deals in the pipeline, and access to this capital will exponentially increase the chances of getting these done,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “In addition, we have many…

TuesdayJun 20, 2017 8:58 am

NetworkNewsBreaks – ProBility Media Corp. (PBYA) Records 253% YOY Revenue Growth for 2Q17

Education technology company ProBility Media Corp. (OTCQB: PBYA) this morning announced its financial results for the fiscal second quarter ended April 30, 2017. Among the highlights, the company recorded revenues of $1,840,647 for the three-month period, marking an increase of 253 percent over the second quarter of 2016. Notably, this year-over-year growth represents the fourth straight quarter in which ProBility has recorded increasing revenues. “We are extremely proud of our incredibly talented team that continues to deliver sequential revenue growth and record sales,” Evan Levine, Noah Davis and Steven Plumb, executive management team members of ProBility, noted in a joint…

MondayJun 19, 2017 12:25 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on June 19, 2017

Here is a list of stocks shaking up the markets today, with particular focus on NASDAQ and OTC small caps. The top gainers based on percentage: ZN 50.59% – News: Issues update on ongoing drilling at Megiddo-Jezreel #1 well ESSI 21.62% – News: Law firm notifies investors of a class action lawsuit MSDI 18.37% – News: Enters LOI with Innovate Biopharmaceuticals regarding a possible reverse merger VBLT 9.34% – News: Provides an update on patients from three completed phase 2 trials OPGN 9.03% – News: Enters supply agreement for Thermo Fisher Scientific’s technology to advance Acuitas® Rapid Test SNGX 8.91%…

MondayJun 19, 2017 12:25 pm

NetworkNewsBreaks – Rigel Pharmaceuticals, Inc.’s (NASDAQ: RIGL) Shares Rise on FDA Accepting TAVALISSE™ NDA to Treat Chronic ITP

Shares of Rigel Pharmaceuticals (NASDAQ: RIGL) climbed 17% higher this morning after the company said the U.S. Food and Drug Administration (FDA) has filed its New Drug Application (NDA) for the use of TAVALISSE™ in patients with chronic or persistent immune thrombocytopenia (ITP). Data from all studies, such as preclinical evaluation and drug manufacturing data, were included in the NDA submission. Based on the Prescription Drug User Fee Act, Rigel anticipates the action date for the FDA to complete its review will be April 17, 2018. The FDA has previously granted Orphan Drug designation to TAVALISSE™ for the treatment of…

MondayJun 19, 2017 12:22 pm

NetworkNewsBreaks – ReWalk Robotics (NASDAQ: RWLK) Shares Soar on Prototype Demonstration of Restore Soft Suit Exoskeleton for Stroke Patients

ReWalk Robotics (NASDAQ: RWLK) shares soared 32% higher following the company’s unveiling of a Restore prototype on Yahoo Finance. Collaborators from Harvard University's Wyss Institute for Biologically Inspired Engineering joined ReWalk’s CEO Larry Jasinski to showcase the prototype of the soft suit exoskeleton intended to assist stroke survivors and demonstrate how the system works. Delivery of a commercial Restore soft suit is anticipated for 2018. "With the prototype finished, we are eager to begin clinical studies and pursue regulatory approvals so that these systems can be provided to millions of patients who can benefit from access to the device," CEO…

FridayJun 16, 2017 12:34 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on June 16, 2017

Here is a list of stocks shaking up the markets today, with particular focus on NASDAQ and OTC small caps. The top gainers based on percentage: GBLX 7.60% – News: CEO’s interview published in an article GEVO 4.84% – News: Stockholders vote to clear way for Whitebox debt exchange PLUG 2.68% – News: Moves on momentum of being named a Top Green Provider by Food Logistics EGLE 2.25% – News: Takes delivery of M/V Groton Eagl RADA 1.86% – News: Completes "On-The-Move" capability testing for tactical radars RESN 1.50% – News: Hosting a webinar on June 22 WCST 1.47% –…

FridayJun 16, 2017 12:32 pm

NetworkNewsBreaks – Medovex Corp. (NASDAQ: MDVX) Receives Initial Commercial Orders for DenerveX™ System Following CE Mark Approval in Europe

Medovex (NASDAQ: MDVX) this morning said it has received its first three commercial orders for its DenerveX™ System following the system’s CE mark approval earlier this month. The orders include both the DenerveX Kit containing the DenerveX Device and the DenerveX Pro-40 Generators for Germany, the UK and Italy. "Receiving multiple orders from three of our distributors so closely on the heels of our recent receipt of CE Mark clearly gives us reason for cautious optimism. We are pleased to be building atop of our recent accomplishment of receiving CE Mark, not just for our shareholders, but for all of…

FridayJun 16, 2017 12:04 pm

NetworkNewsBreaks – Sky Solar Holdings (NASDAQ: SKYS) Shares Plummet on Independent Director Change; Forms Independent Committee to Investigate Former CEO’s Conduct

Shares of Sky Solar Holdings (NASDAQ: SKYS) are down 24% this morning after the company said Glen Wei resigned as an independent director of the company effective June 14, 2017. Following Wei’s resignation, Sky Solar appointed Xuelong Pei as an independent director, effective June 15, 2017. Pei will also serve on the audit committee, compensation committee and nominating and corporate governance committee of the board. Additionally, Sky Solar established an independent committee to investigate the conduct of former chief executive officer Weili Su involving transactions and fund transfers that seem to be missing proper board and audit committee authorization. The…

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