NetworkNewsBreaks

TuesdayDec 17, 2024 10:55 am

NetworkNewsBreaks – The Coretec Group Inc. (CRTG) Gains Spotlight on NetworkNewsAudio Following Transformative Acquisition

The Coretec Group (OTCQB: CRTG)  has been prominently featured in a NetworkNewsAudio (“NNA”) broadcast, which highlights the company’s acquisition of a controlling stake in KIB Plug Energy Co., Ltd., a KOSPI-listed South Korean enterprise. NNA, a leading platform for delivering visibility and brand awareness to the investment community, underscores the significance of this acquisition as Coretec advances its position in the global energy and technology sectors. KIB Plug Energy, with operations in 53 countries and annual revenues exceeding $70 million for the past five years, brings substantial expertise in chemical and petroleum plant services. Coretec Co-Chairman Dr. Kim described the…

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TuesdayDec 17, 2024 10:32 am

NetworkNewsBreaks – NextPlat Corp (NASDAQ: NXPL) Launches $2 Million Share Repurchase Program Amid Record Revenue Growth

NextPlat (NASDAQ: NXPL, NXPLW) announced its Board of Directors has approved a share repurchase program of up to $2 million in outstanding common stock. The timing and execution of repurchases will be at the Company's discretion, with flexibility to utilize open market or privately negotiated transactions. NextPlat expects to achieve record 2024 annual revenue exceeding $63 million, a 70% increase over 2023, driven by growth in satellite connectivity products, recurring airtime revenue, and healthcare contributions. CEO Charles M. Fernandez emphasized the company’s focus on double-digit revenue growth and positive operating cashflows in 2025, supported by a strong balance sheet, as…

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TuesdayDec 17, 2024 9:30 am

NetworkNewsBreaks – zSpace Inc. (NASDAQ: ZSPC) Secures $10.8M in IPO

zSpace (NASDAQ: ZSPC) recently closed on its firm commitment initial public offering of an aggregate of 2,156,250 shares of its Common Stock, each at a price of $5.00, including the full exercise of the overallotment option. ZSPC secured gross proceeds of approximately $10.8 million. The shares began trading on the Nasdaq Global Market under the ticker symbol ZSPC on Dec. 5, 2024. Roth Capital Partners acted as joint book-running manager for the offering. To view the full press release, visit https://nnw.fm/Fls4p About zSpace Inc. zSpace delivers innovative augmented and virtual reality (“AR/VR”) experiences for STEM, CTE, and career readiness programs.…

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MondayDec 16, 2024 3:14 pm

NetworkNewsBreaks – Analyst Upgrades and Strategic Focus Drive Optimism for PayPal Holdings Inc. (NASDAQ: PYPL)

PayPal (NASDAQ: PYPL) has recently garnered attention following analyst upgrades and strategic initiatives aimed at revitalizing growth. Wolfe Research upgraded PayPal to “Outperform” with a $107 price target, citing the company’s streamlined focus, expense management and shareholder returns as key factors contributing to a positive outlook. Analysts anticipate growth in areas such as branded checkout innovations, Braintree and Venmo monetization, alongside increased debit card adoption through the PayPal Everywhere rewards campaign. Similarly, Bank of America Securities upgraded PayPal to “Buy” from “Neutral,” raising the price target to $103. This optimism is attributed to PayPal’s turnaround efforts under CEO Alex Chriss,…

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MondayDec 16, 2024 3:03 pm

NetworkNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Leveraging Innovation to Advance High-Potential Targets

Torr Metals Inc. (TSX.V: TMET) is distinguishing itself in Canada’s mining sector, presenting a compelling case for exploration-focused investors. “Torr Metals has consistently demonstrated its ability to identify and advance high-potential exploration targets through innovation and a systematic approach. At Filion, the application of LiDAR technology and targeted surface sampling has uncovered new high-grade zones, establishing a foundation for inaugural drilling on undrilled gold soil anomalies grading up to 1.32 g/t Au in 2023. At Kolos, the discovery of the Sonic Zone represents a significant step forward, identifying another potential large-scale Cu-Au porphyry system alongside previously established targets,” reads a recent…

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MondayDec 16, 2024 1:25 pm

NetworkNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) Eyes Clear Path Forward for Buntanetap

Annovis Bio (NYSE: ANVS) is a late-stage clinical drug platform company pioneering transformative therapies for neurodegenerative diseases, such as Alzheimer’s (“AD”) and Parkinson’s (“PD”). The company concluded the third quarter with the completion of significant milestones and a clear path forward for its lead candidate, buntanetap. “Buntanetap is an innovative drug designed to target neurodegeneration by inhibiting the formation of multiple neurotoxic proteins, including amyloid beta, tau, alpha-synuclein and TDP43,” reads a recent article. “This multifaceted inhibition improves synaptic transmission and axonal transport, reduces neuroinflammation, and protects nerve cells from dying, positioning buntanetap as a potential breakthrough in treating neurodegenerative diseases.”…

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MondayDec 16, 2024 11:47 am

NetworkNewsBreaks – Brera Holdings PLC (NASDAQ: BREA) Featured in BBC Sport Article

Brera Holdings (NASDAQ: BREA), a publicly traded company focused on multi-club ownership of international football teams, was featured in a recent BBC Sport article. The publication discusses Chris Gardner, part of Brera’s dynamic team, the depiction of Gardner’s real-life struggle in the blockbuster Hollywood movie, The Pursuit of Happyness, and how a sequel “might just include the 70-year-old American's latest venture into football as part of a unique multi-club ownership model, one with a social conscience.” “Originally founded in Milan, Brera Holdings just added Serie B side Juve Stabia in the south of Italy to a growing portfolio that includes…

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MondayDec 16, 2024 11:05 am

NetworkNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Expands CDMO Operations with New U.S. Subsidiary

Scinai Immunotherapeutics (NASDAQ: SCNI) has established a U.S.-based subsidiary, Scinai Bioservices Inc., to enhance its Contract Development and Manufacturing Organization (CDMO) operations and address the growing demand for early-stage biologics development in the U.S. Operating from a cGMP-compliant facility in Jerusalem, Israel, Scinai Bioservices has supported nine biotech companies since its 2024 launch and recently signed its first U.S. customer, Serpin Pharma. The new subsidiary will provide boutique CDMO services tailored to early-stage biotech startups, leveraging U.S. grant funding opportunities while addressing concerns related to the BIOSECURE Act. Scinai anticipates significant growth in its CDMO revenues and reputation in the…

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MondayDec 16, 2024 11:05 am

NetworkNewsBreaks – CannExpo 2025 to Showcase Innovative Products, Trends in Celebration of All Things Cannabis

CannExpo 2025, Toronto's Cannabis Lifestyle Show, is set to blaze into the Queen Elizabeth Building at Exhibition Place on March 21-22, 2025. The event will bring together enthusiasts, curious newcomers and professionals from the cannabis industry. An eclectic mix of exhibitors will be featured, from cutting-edge growers and innovative product developers to trendsetting accessory makers and wellness experts. The one-stop-shop for discovering the latest and greatest in the world of cannabis will be buzzing with engaging panels and discussions on hot topics. To view the full press release, visit https://nnw.fm/2WXp1 About CannExpo 2025 CannExpo 2025 is more than just an…

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MondayDec 16, 2024 10:42 am

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Completes $175M Equity Offering, Strengthening Financial Position

D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, announced the successful completion of $175 million in gross proceeds from its $100 million and $75 million "at-the-market" equity offering programs. The $75 million program, initiated on December 9, closed at an average price of $4.8149 per share, with D-Wave stock trading at a Volume Weighted Average Price of $4.6625 over the same period. The company expects to conclude the fiscal 2024 fourth quarter with at least $160 million in cash. The funds will be used to…

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