NetworkNewsBreaks

TuesdayJan 07, 2025 2:15 pm

NetworkNewsBreaks – ROTH Expands Team to Continue Driving Innovation in Tech Space

Roth Capital Partners, LLC (“ROTH”) today announced the expansion of its technology team with the addition of Marc Lewis as Managing Director, Head of Technology Investment Banking, and Imtiaz (“Taz”) Koujalgi as Managing Director, Senior Research Analyst, specializing in Enterprise Software. The appointments reinforce ROTH’s commitment to support innovation and growth in the dynamic and rapidly evolving technology sector. “We are pleased to welcome Marc and Taz to the ROTH team as we continue to expand our presence in the rapidly evolving technology sector,” said ROTH’s President and Head of Investment Banking, Aaron Gurewitz. “Marc’s extensive investment banking and portfolio…

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TuesdayJan 07, 2025 2:13 pm

NetworkNewsBreaks – Alset Inc. (NASDAQ: AEI) Closes $1.5M Registered Direct Offering

Alset (NASDAQ: AEI) is a diversified company engaged through its subsidiaries in the development of EHome communities and real estate, financial services, digital transformation technologies, biohealth activities and consumer products with operations in the United States, Singapore, Hong Kong and South Korea. The company has announced the closing of its registered direct offering priced at-the-market under Nasdaq rules for the purchase and sale of an aggregate of 1,500,000 shares of common stock, each at a purchase price of $1.00. The company secured approximately  $1.5 million in aggregate gross proceeds, of which it intends to use the net, together with its…

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TuesdayJan 07, 2025 1:44 pm

NetworkNewsBreaks – SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) (NEO: SUNN) (FSE: GY2) Secures $25.8M Finance Facility

SolarBank (NASDAQ: SUUN) (CSE: SUNN) (NEO: SUNN) (FSE: GY2) announced that its subsidiary has secured the financial closing of a combined project loan in a principal amount of $25.8 million from Royal Bank of Canada. The loan will be used for the construction, operation and maintenance of two 4.99 MW Battery Energy Storage System (“BESS”) projects to be located in Ontario, with project names SFF 06 and 903, respectively. According to the announcement, the projects are owned by 1000234763 Ontario Inc., which is the borrower under the terms of the loan. The projects represent SolarBank's initial foray into battery energy…

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TuesdayJan 07, 2025 1:30 pm

NetworkNewsBreaks – PSQ Holdings Inc. (NYSE: PSQH) Secures $36.2M in Registered Direct

PSQ Holdings (NYSE: PSQH) is America's leading commerce and payments ecosystem valuing life, family and liberty. The company recently announced its entry into definitive agreements for the purchase and sale of an aggregate of 7,813,931 shares of its Class A common stock, each at a price of $4.63, in a registered direct offering for gross proceeds of approximately $36.2 million. Roth Capital Partners acted as sole placement agent for the offering. For more information, visit https://nnw.fm/fiN9v About PublicSquare PublicSquare is America’s leading commerce and payments ecosystem, valuing life, family and liberty. PublicSquare operates under three segments: Marketplace, Financial Technology and…

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TuesdayJan 07, 2025 1:29 pm

NetworkNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Adjusts Content Moderation Strategy

Meta (NASDAQ: META), the parent company of social media giants Facebook and Instagram, is making significant changes to its content moderation strategy. The company, led by CEO Mark Zuckerberg, has decided to end its fact-checking program on these platforms. This decision aligns with Meta’s commitment to promoting “free speech” and fostering open dialogue among users. In place of the fact-checking program, Meta plans to introduce a “Community Notes” feature. This feature is similar to one already available on X, aiming to engage users in content moderation. This shift reflects Meta’s ongoing efforts to balance the need for content moderation with…

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TuesdayJan 07, 2025 1:10 pm

NetworkNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) Announces Streamlined Pathway to Advance Buntanetap for AD

Annovis Bio (NYSE: ANVS), a late-stage clinical drug platform company pioneering transformative therapies for neurodegenerative diseases such as Alzheimer’s disease (“AD”) and Parkinson’s disease (“PD”), today announced that the FDA has accepted an updated protocol for the pivotal Phase 3 AD study, which is slated to begin in January 2025. In October 2024, the FDA granted clearance for Annovis to proceed with the pivotal Phase 3 AD studies based on its Phase 2/3 data demonstrating cognitive improvement in early-stage AD patients. The original protocol design proposed two separate trials that are now integrated into a single 6/18-month trial under the…

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TuesdayJan 07, 2025 10:58 am

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Highlight Quantum Computing Advances at Needham Growth Conference

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leading quantum computing company, announced that it is participating in the 27th Annual Needham Growth Conference on Jan. 14, 2025. A fireside chat will feature CEO Dr. Alan Baratz and Needham senior analyst Quinn Bolton discussing D-Wave's advancements in quantum computing, its leadership in quantum optimization as a key use case, the growing application of its annealing technology in customer production environments, and the intersection of quantum computing and AI. To view the full press release, visit https://nnw.fm/QLzO7 About D-Wave Quantum Inc. D-Wave is a leader in the development and delivery of quantum…

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TuesdayJan 07, 2025 9:10 am

NetworkNewsBreaks – Massimo Group (NASDAQ: MAMO) Opens New Distribution Center in Illinois to Enhance Logistics

Massimo Group (NASDAQ: MAMO), a powersports and pontoon boat manufacturer, has opened its sixth U.S. distribution center in Edwardsville, Ill., aiming to strengthen its logistics network and improve service efficiency. The facility will serve as a Midwest hub, reducing fulfillment times and optimizing expenses for the company and its partners. With six strategically located centers, including sites in New Jersey, California, Georgia, and Texas, Massimo is positioned to meet rising demand for its products. CEO David Shan highlighted the facility as a milestone in supporting growing demand while ensuring timely and reliable delivery. To view the full press release, visit https://ibn.fm/ZyrUC…

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MondayJan 06, 2025 2:09 pm

NetworkNewsBreaks – Expion360 Inc. (NASDAQ: XPON) Secures $2.6M in Registered Direct Offering, Private Placement

Expion360 (NASDAQ: XPON), an industry leader in lithium-ion battery power storage solutions, has announced the closing of its registered direct offering and concurrent private placement with institutional investors. The company issued shares of common stock and pre-funded warrants in a registered direct offering. In a concurrent private placement, the company also issued to the same investors warrants to purchase common stock. Expion360 secured aggregate gross proceeds of approximately $2.6 million from both transactions, which were priced at the market under Nasdaq rules. Aegis Capital Corp. acted as exclusive placement agent for the offerings. Stradling Yocca Carlson & Rauth LLP acted…

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MondayJan 06, 2025 1:48 pm

NetworkNewsBreaks – Solaris Energy Infrastructure Inc. (NYSE: SEI) Announces $156M Underwritten Public Offering

Solaris Energy Infrastructure (NYSE: SEI) recently announced the pricing of its underwritten public offering of 6,500,000 shares of its Class A common stock, par value $0.01 per share, at a public offering price of $24.75 per share, for total net proceeds of approximately $156 million. In connection with the offering, Yorktown Energy Partners X, L.P., a selling stockholder of the company, has granted the underwriters the option to purchase up to an additional 975,000 shares of Class A common stock on the same terms and conditions within 30 days. The company intends to contribute all net proceeds from the offering…

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