NetworkNewsBreaks

WednesdayOct 02, 2024 12:14 pm

NetworkNewsBreaks – Resonance Security Signs NFL Center Jake Brendel to Its Full Spectrum Cybersecurity Platform

Resonance Security, a cybersecurity company providing full spectrum solutions protecting institutions and individuals against black hat operations and other cyberattacks exploiting vulnerabilities, today announced that it has signed San Francisco 49er’s center, Jake Brendel, as a customer. Brendel has been signed to a customized VIP cybersecurity platform called Shockwave, which combines advanced defensive and offensive cybersecurity measures with security tools and makes it easy for users to thwart cyberattacks. According to the announcement, Brendel’s package includes continual monitoring by the company’s highly experienced 24/7 cybersecurity response team, a personalized EDR solution for devices, gap analysis, a security checklist with scoring,…

Continue Reading

WednesdayOct 02, 2024 11:49 am

NetworkNewsBreaks – Nutriband Inc. (NASDAQ: NTRB) Schedules Live Investor Webinar, Q&A Session

Nutriband (NASDAQ: NTRB), a pharmaceutical company with a special focus on transdermal technologies, will be part of an upcoming live webinar hosted by RedChip Companies. Scheduled for October 17, 2024, at 4:15 p.m. ET, the exclusive event will feature Gareth Sheridan, Founder and CEO, and Serguei Melnik, Founder and President. Sheridan and Melnik will share insight into Nutriband’s current operations and upcoming milestones as well as field questions from listeners and investors. To register for the free webinar, visit https://nnw.fm/fBEFH To view the full press release, visit https://nnw.fm/n7jrs About Nutriband Inc. Nutriband is primarily engaged in the development of a…

Continue Reading

WednesdayOct 02, 2024 11:06 am

NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Secures New National Domestic Violence Monitoring Contract in Europe

SuperCom Ltd. (NASDAQ: SPCB) recently announced the acquisition of a new three-year contract with a European government to implement its PureSecurity domestic violence monitoring solution. This marks the company's fifth national contract in the region, further establishing its leadership in electronic monitoring solutions. With real-time tracking and communication features, SuperCom's technology will aid authorities in enhancing public safety and accountability in domestic violence prevention. The contract underscores the continued expansion of SuperCom's presence in Europe, reinforcing its role in advancing domestic violence monitoring systems. “We are honored to collaborate with this EU country to support their initiatives in addressing domestic…

Continue Reading

WednesdayOct 02, 2024 10:55 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Reports 6791% QoQ Revenue Growth, Continued Decrease in Monthly Cash Burn

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced expectations to report a significant revenue increase for the quarter ended September 30, 2024. The company anticipates recording approximately $4.5 million in revenue in the just-ended quarter, compared to $65,235.00 in the previous quarter ended June 30, 2024, a quarter-over-quarter increase of 6791%. According to the announcement, the company’s monthly cash burn for the quarter ended September 30, 2024, is approximately $12.7 million per month, down from $12.8 million for the quarter ended June 30, 2024, and $18.1 million for the quarter ended March 31, 2024. The announcement…

Continue Reading

WednesdayOct 02, 2024 9:30 am

NetworkNewsBreaks – Clene Inc. (NASDAQ: CLNN) Closes on Direct Offering, Concurrent Private Placements Totaling $7.3M

Clene (NASDAQ: CLNN), a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, and its wholly owned subsidiary, Clene Nanomedicine Inc., has closed on a registered direct offering and concurrent private placements. According to the announcement, the transactions consist of common stock and warrants and were with a healthcare-focused institutional investor and existing shareholders, including insiders. Gross proceeds of the offerings and placements totaled an estimated $7.3 million with the potential for additional capital through the future exercise of warrants. Clene also announced the amendment of its existing debt facility with Avenue Venture…

Continue Reading

WednesdayOct 02, 2024 8:30 am

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS), Japan Tobacco Inc. Announce Planned Partnership to Leverage Quantum Computing, AI in Drug Discovery

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the pharmaceutical division of Japan Tobacco Inc. (“JT”) announced plans to partner on a joint proof-of-concept project to explore the use of quantum computing technology and artificial intelligence (“AI”) to accelerate the speed and quality of the drug discovery process, i.e., “Quantum AI-driven Drug Discovery.” The project aims to pioneer a new process for discovering ‘first-in-class’ pharmaceutical small compounds. Upon completion of the proof-of-concept project, JT’s pharmaceutical division intends to further advance the developed Quantum AI-driven Drug Discovery analysis systems and eventually apply the…

Continue Reading

TuesdayOct 01, 2024 2:57 pm

NetworkNewsBreaks – enVVeno Medical Corporation (NASDAQ: NVNO) Announces Pricing of $15M Underwritten Public Offering

enVVeno Medical (NASDAQ: NVNO), a late-clinical stage medical device company setting new standards of care for the treatment of venous diseases, recently announced the pricing of an underwritten public offering. Led by existing institutional investors, the offering involved the issuance and sale of 4,285,715 shares of the company’s common stock (or pre-funded warrants in lieu thereof) at a public offering price of $3.50 per unit. enVVeno expected to receive aggregate gross proceeds from the offering of about $15.0 million. The offering was anticipated to close on or about September 30, 2024, subject to customary closing conditions. To view the full…

Continue Reading

TuesdayOct 01, 2024 2:03 pm

NetworkNewsBreaks – Dynasty Gold Corp. (TSX.V: DYG) (FSE: D5G1) (OTC: DGDCF) Commences Phase Two of 2024 Exploration Program at Thundercloud Property

Dynasty Gold (TSX.V: DYG) (FSE: D5G1) (OTC: DGDCF), a Canadian mineral exploration company, today announced the commencement of phase two of its 2024 exploration program. According to the announcement, the company’s crew has already arrived at its Thundercloud property in northwestern Ontario. Ivy Chong, President and CEO of Dynasty Gold, noted that recently released drill results, which confirmed grades of up to 24.53 g/t gold within a broad zone of mineralization at Pelham, demonstrate the continuity of high-grade gold discovered in 2022 and 2023. “With additional drilling this fall and into next year, and gold trading above $2,600 an ounce,…

Continue Reading

TuesdayOct 01, 2024 1:37 pm

NetworkNewsBreaks – NextPlat Corp (NASDAQ: NXPL) Completes Merger and Business Combination with Progressive Care Inc.

NextPlat (NASDAQ: NXPL, NXPLW), a global e-commerce provider, today announced the completion of the proposed Merger Agreement and Plan Reorganization with Progressive Care Inc., a controlled subsidiary of the company, following shareholder approvals. Pursuant to this merger and business combination, Progressive Care has become a wholly owned subsidiary of NextPlat. As a result, Progressive Care’s common stock no longer trades on the OTCQB exchange, effective October 1, 2024. “The completion of our merger and business combination with Progressive Care creates a unified company focused on generating continued growth in large domestic and global markets for healthcare services, technology and personal…

Continue Reading

TuesdayOct 01, 2024 1:02 pm

NetworkNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) to Invest $1 Billion in Thailand’s Digital Infrastructure

Alphabet (NASDAQ: GOOGL, GOOG) has announced plans to invest $1 billion in Thailand to build digital infrastructure, including a new data center. This significant investment is expected to support 14,000 jobs in the country. The new hubs will be located in Bangkok and the industrial area of Chonburi, aiming to meet the growing demand for cloud computing in Southeast Asia. Ruth Porat, president and chief investment officer of Google and its parent company Alphabet, stated, “These investments will empower Thai businesses, innovators and communities to harness the power of cloud and AI technology.” The details of the investment were revealed…

Continue Reading