NetworkNewsBreaks Archive - Page 252 of 2122

ThursdayDec 26, 2024 3:03 pm

NetworkNewsBreaks – Cyngn Inc. (NASDAQ: CYN) Closes $20M Follow-On Offering

Cyngn (NASDAQ:CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, has announced the closing of a follow-on offering, priced at the market, with gross proceeds to the company of approximately $20.0 million. The transaction closed on Dec. 23, 2024. Cyngn intends to use the net proceeds from the offering, together with its existing cash, for general corporate purposes and working capital. Aegis Capital Corp. acted as exclusive placement agent for the offering. Sichenzia Ross Ference Carmel LLP acted as counsel to the company, and Kaufman & Canoles, P.C. acted as counsel to Aegis. To view the full…

ThursdayDec 26, 2024 2:40 pm

NetworkNewsBreaks – Clene Inc. (NASDAQ: CLNN) Receives FDA Roadmap on Potential Accelerated Pathway for CNM-Au8(R)

Clene (NASDAQ: CLNN) and its wholly owned subsidiary, Clene Nanomedicine Inc., a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis (“ALS”) and multiple sclerosis (“MS”), recently received additional written guidance and a roadmap from the U.S. Food and Drug Administration’s (“FDA”) Division of Neurology 1 regarding a potential accelerated approval pathway for lead drug candidate CNM-Au8 in ALS. “The FDA guidance on a potential path to meet the regulatory standard for substantial evidence of effectiveness supporting accelerated approval came following an in-person Nov. 1 Type C meeting with…

ThursdayDec 26, 2024 2:34 pm

NetworkNewsBreaks – Rumble Inc. (NASDAQ: RUM) Secures $775M Strategic Boost from Tether to Accelerate Growth

Rumble (NASDAQ: RUM), a growing video-sharing platform, has announced a $775 million strategic investment from Tether, the issuer of the USDT stablecoin. This deal aims to bolster Rumble’s growth trajectory, enhance its technology infrastructure, and expand its audience reach. The investment aligns with Rumble’s mission to provide an open and decentralized digital space while reinforcing Tether’s commitment to supporting platforms that champion free expression. The market reacted positively, with Rumble’s stock surging as investors anticipated the transformative impact of this partnership. To view the full press release, visit https://nnw.fm/2UacS About Rumble Inc. Rumble is a high-growth video platform and cloud…

ThursdayDec 26, 2024 2:16 pm

NetworkNewsBreaks – Thumzup Media Corp. (NASDAQ: TZUP) Reports Strong Growth and Strategic Expansion into South Florida

Thumzup (NASDAQ: TZUP), a rising leader in social media branding and programmatic marketing, continues to demonstrate robust growth, with its advertiser base surpassing 600, just weeks after exceeding 500. The company attributes this success to its innovative platform, which empowers advertisers to connect with diverse audiences through authentic, user-generated content while offering monetary incentives to app users. Recent integrations with X (formerly Twitter) and a partnership with Tedras Global Solutions to leverage AI further enhance Thumzup’s ad targeting and campaign optimization capabilities, solidifying its disruptive position in the digital advertising landscape. Building on this momentum, Thumzup has strategically expanded into…

ThursdayDec 26, 2024 1:40 pm

NetworkNewsBreaks – Cambridge House International’s VRIC Highlights Emergence of New Commodity Super-Cycle

Cambridge House International, a leader in producing North America’s largest resource conferences and Canada’s largest technology investment conference, has announced plans to host the Vancouver Resource Investment Conference (“VRIC”) on Jan. 19-20, 2025. The flagship event, set to take place at the Vancouver Convention Centre West, will bring together over 9,000 attendees, including CEOs, senior executives, savvy investors, and key decision-makers. The event marks the beginning of a new super-cycle in commodities, driven by years of underinvestment in the mining and hard commodities sectors. VRIC will feature more than 120 keynote speakers, who will offer unique insights into macroeconomic trends,…

ThursdayDec 26, 2024 9:25 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Secures Class 3 EV Truck Order from Westland Floral

Mullen Automotive (NASDAQ: MULN) has received a purchase order for two Class 3 EV trucks, the Mullen THREE, from Westland Floral. The trucks, customized by Phenix Truck Bodies in California, were delivered through Pritchard Commercial and include California HVIP incentives, emphasizing cost and environmental benefits. The Mullen THREE, designed for urban last-mile delivery, boasts a 38-foot turning diameter, over 5,800 pounds of payload, and easy upfitting capabilities. Mullen’s EV lineup meets strict U.S. safety and emissions standards and offers substantial savings through state and federal incentive programs, including up to $45,000 in California rebates. To view the full press release,…

ThursdayDec 26, 2024 8:00 am

NetworkNewsBreaks – Brera Holdings PLC (NASDAQ: BREA) to Acquire Majority Stake in Italian Serie B Football Club Juve Stabia

Brera Holdings (NASDAQ: BREA), a Nasdaq-listed company specializing in multi-club ownership of sports teams, announced its detailed three-step acquisition of a majority equity stake in Italian Serie B football club SS Juve Stabia. The historic 117-year-old club, currently ranked fourth in Serie B, aligns with Brera’s strategy to enhance operational efficiencies and shareholder value through its multi-club framework. The acquisition, which involves investments in share capital and milestone-based incentives for current owner Andrea Langella, is expected to finalize by March 31, 2025, granting Brera ~52% ownership. Brera plans to leverage Juve Stabia's potential to capitalize on player trading, commercial growth,…

MondayDec 23, 2024 3:53 pm

NetworkNewsBreaks – IBN, MiningNewsWire to Expand Reach of VRIC 2025

IBN, a multifaceted communications organization connecting companies to the investment community through 60+ brands, today announced that it was selected as the official media partner for the Vancouver Resource Investment Conference 2025 (“VRIC”), organized by Cambridge House International, a leading producer of resource investing and technology conferences in North America. In addition, IBN’s subsidiary MiningNewsWire (“MNW”) will serve as the official newswire for the event, which is slated to take place at the Vancouver Convention Centre West on Jan.19-20, 2025. “The upcoming VRIC conference is a truly unique event offering world-class educational and networking opportunities, as well as collaborative chances…

MondayDec 23, 2024 3:05 pm

NetworkNewsBreaks – Upcoming Expo to Showcase Trending Technologies, Tools and All Things Podcasting

Podfest Expo, the premier international conference for podcasters, authors, video and other content creators, has announced details for its 11th annual event set to take place at the Renaissance Orlando at SeaWorld® from Jan. 16-19, 2025. The world’s longest-running in-person podcasting conference, the event continues to lead the industry in education, innovation and community-building. Expecting over 2,000 independent creators, established voices and industry professionals, the expo will feature a full exhibit hall with cutting-edge technologies, services and tools designed to empower podcasters. All aspects of podcasting will be on display—from creation and technology to audience growth, monetization and video integration.…

MondayDec 23, 2024 2:50 pm

NetworkNewsBreaks – Resonance Launches Full-Spectrum Cybersecurity Tool

Resonance Security is a cybersecurity company providing full-spectrum solutions protecting institutions, small businesses, web3, and individuals against the increasing threat of cyberattacks. The company today announced its release of PulseCheck, a free and secure cybersecurity assessment tool designed for complete scope analysis. “We’ve made the decision to never leave any institution, small business, or individual behind when it comes to cybersecurity. It’s become way too easy for hackers, and we need to do something about it immediately. We’ve made cybersecurity easy for any budget, technical level, and any circumstance,” said Resonance founder and CEO Charles Dray. “Resonance is all in…

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