NetworkNewsBreaks Archive - Page 214 of 1742

MondayApr 03, 2023 1:30 pm

NetworkNewsBreaks – YanGuFang International Group Co. Ltd. (NASDAQ: YGF) Closes Initial Public Offering

YanGuFang International Group (NASDAQ: YGF), a healthy food company primarily engaged in the production, research and development, and sales of oat and grain products, recently announced the closing of its initial public offering of 2,000,000 ordinary shares, each at a public offering price of US$4.00. The ordinary shares began trading on the Nasdaq Capital Market under the ticker symbol YGF on March 28, 2023. YanGuFang International Group received aggregate gross proceeds of US$8.0 million from the offering, before deducting underwriting discounts and other related expenses. The company has additionally granted the underwriters a 45-day option to purchase up to an…

MondayApr 03, 2023 1:07 pm

NetworkNewsBreaks – Hongli Group Inc. (NASDAQ: HLP) Secures US$8.25M in Initial Public Offering

Hongli Group (NASDAQ: HLP) has closed its initial public offering of 2,062,500 ordinary shares, each at a public offering price of $4.00, for total gross proceeds of $8.25 million before deducting underwriting discounts and offering expenses. The offering was conducted on a firm commitment basis. In addition, Hongli Group granted the underwriters an option, exercisable within 45 days from the effective date of the company’s registration statement on Form F-1 (File No. 333-261945), as amended, in connection with the offering, to purchase up to an additional 309,375 ordinary shares at the public offering price, less underwriting discounts and commissions, to…

MondayApr 03, 2023 12:59 pm

NetworkNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Announces Q4 and FY 2022 Financial Results

Jupiter Wellness (NASDAQ: JUPW), a company focused on hair, skin and sexual wellness, today announced results for the fourth quarter and year ended Dec. 31, 2022. Among the highlights, the company reported $6,196,743 in revenues compared to $2,876,273 for the year ended Dec. 31, 2021. “I am extremely pleased with how far we have come in such a short time,” said Brian John, CEO of Jupiter Wellness. “In 2022, we shifted out of the CBD space and acquired and established new unique IP and products with little competition. We look forward to focusing on selling our brands and becoming profitable…

MondayApr 03, 2023 12:42 pm

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Announces FY 2022 Results, Corporate Update

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, today released its financial results for the full year ended Dec. 31, 2022. The company also provided a clinical update of its anti-cancer drug candidate currently in development for the treatment of primary and metastatic brain and CNS cancer. “Over the course of 2022, we made significant advancements in our ongoing clinical trial for Berubicin. We have expanded our clinical trial sites across Europe and continued with an encouraging and increasingly rapid pace of…

MondayApr 03, 2023 12:33 pm

NetworkNewsBreaks – NextPlat Corp. (NASDAQ: NXPL) Reports Record FY 2022 Revenue, 51% Sales Increase

NextPlat Corp. (NASDAQ: NXPL), a global e-commerce provider, is reporting on its financial results for the full year ended Dec. 31, 2022. Financial highlights of the report include revenues of $11.7 million, a 51.3% increase over revenue numbers from 2021, with Q4 2022 revenue coming in at $2.6 million, approximately 26.9% higher than the same period in 2021; annual sales at GTC, the company's European operation, increased 77.9% with sales at OSC, the company's North American operation, up more than 34.2%. Gross margins totaled 21.2%, a decrease from 24.0% reported for the previous year, and operating expenses for the full…

MondayApr 03, 2023 12:21 pm

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Notes Delivery of Class 1 EV Cargo Vans to UNC Charlotte, ‘First of Many’ Expected Orders

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, announced the delivery of Class 1 EV cargo vans to the University of North Carolina at Charlotte (“UNC Charlotte”); Randy Marion Automotive Group facilitated the delivery of the EV vehicle. According to the announcement, the university, which is committed to helping create a more sustainable environment, plans to use the MULN cargo vans for a variety of university-use cases, including campus delivery and facility services. The announcement stated that the university is only the “first of many customers that have expressed interest in Mullen’s commercial product lineup” thanks to the lower total…

FridayMar 31, 2023 4:02 pm

NetworkNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW), Jupiter Wellness Acquisition Corp. Schedule Special Meeting for Approval of Proposed Business Combination

Jupiter Wellness (NASDAQ: JUPW), a wellness company focused on hair, skin, and sexual wellness, is reporting that the U.S. Securities and Exchange Commission ("SEC") has declared effective its registration statement. Jupiter Wellness, the business combination sponsor, observed that the registration statement was regarding Chijet Motor Company Inc., a developer of next-generation electric vehicles, in connection with a previously announced proposed business combination with Jupiter Wellness Acquisition Corp. (NASDAQ: JWAC), a special purpose acquisition company. A special meeting of Jupiter Wellness Acquisition Corp. shareholders has been scheduled for April 20, 2023, to approve the proposed combination; the business combination is expected…

FridayMar 31, 2023 3:25 pm

NetworkNewsBreaks – Genius Group Limited. (NYSE American: GNS) Announces Dual Listing, Commences Trading on Upstream in April

Genius Group (NYSE American: GNS), a leading entrepreneur edtech and education group, has been approved to dual list its shares on Upstream, a MERJ Exchange market. According to the announcement, trading on Upstream is scheduled to begin on April 6, 2023, using the ticker symbol GNS; the company will continue to trade on NYSE American. The dual listing on Upstream provides the company with a global, digital-first investor base with an array of trade options, including USDC digital currency, credit, debit, PayPal and USD. “Building shareholder value is an ongoing goal of ours,” said Genius Group CEO Roger Hamilton in…

FridayMar 31, 2023 2:03 pm

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Delivery of First-Class 1 EV Cargo Vans to North Carolina Leasing Company

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has successfully delivered class 1 EV cargo vans to MGT Company (“MGT”) in Highpoint, North Carolina; the order was fulfilled by the Randy Marion Automotive Group. According to the announcement, MGT as one of Mullen’s first commercial EV fleet customers. A growing commercial vehicle sales and leasing company reporting 2022 revenue of more $70 million, MGT has a primary customer base focused on last-mile segments, such as package delivery and retail along with vocations such as plumbing and electrician. “We continue to see growing interest in our commercial EV offerings,…

FridayMar 31, 2023 1:48 pm

NetworkNewsBreaks – Apollomics Inc. (NASDAQ: APLM) Closes on Business Combination, Begins Trading

Apollomics (NASDAQ: APLM), a clinical-stage biopharmaceutical company developing multiple oncology drug candidates to address difficult-to-treat and treatment-resistant cancers, has completed its business combination with Maxpro Capital Acquisition Corp. (NASDAQ: JMAC). According to the announcement, the company anticipated its class A ordinary shares and public warrants to commence trading on March 30, 2023, on the Nasdaq Capital Market. Apollomics is committed to improve treatment options for patients diagnosed with difficult-to-treat, high- mortality cancers. “Becoming a public company represents a major milestone in our journey to provide solutions for patients with difficult-to-treat cancers worldwide,” said Apollomics chair and CEO Dr. Guo-Liang Yu, PhD,…

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