NetworkNewsBreaks Archive - Page 286 of 2159

FridayJan 03, 2025 1:01 pm

NetworkNewsBreaks – PayPal Holdings Inc. (NASDAQ: PYPL) Faces Legal Challenges Over Honey Extension

PayPal (NASDAQ: PYPL) is a leading digital payments company that facilitates online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders. It operates globally, providing services to both consumers and merchants. PayPal’s competitors include companies like Square and Stripe, which also offer digital payment solutions. Recently, content creators have taken legal action against PayPal, filing two lawsuits related to its Honey browser extension. The creators allege that Honey has been improperly claiming credit on sales, which they argue diverts potential affiliate earnings away from them. This legal challenge could impact PayPal’s reputation…

FridayJan 03, 2025 11:56 am

NetworkNewsBreaks – Cyngn Inc. (NASDAQ: CYN) Closes $9M Registered Direct

Cyngn (NASDAQ: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, 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 15,000,000 shares of common stock (or pre-funded warrants in lieu thereof) at a purchase price of $0.60 per share (or $0.5999 for each pre-funded warrant). Cyngn secured gross proceeds of $9.0 million from the offering, of which it intends to use the net, together with its existing cash, for general corporate purposes and working capital. Aegis Capital Corp. acted as exclusive placement agent…

FridayJan 03, 2025 11:50 am

NetworkNewsBreaks – Chris King, OTC Markets Group (OTCM) Featured in Stock2Me Podcast

IBN, a multifaceted communications organization engaged in connecting public companies to the investment community, today announced the release of the latest episode of the Stock2Me Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels. Chris King, senior VP of Corporate Services at OTC Markets Group (OTCQX: OTCM), the largest U.S. stock market for international companies, joined the latest episode to provide an overview of the OTC Markets Group and its mission to facilitate access to U.S. capital markets for non-U.S. issuers. “Of the 12,000+ securities that trade on our market, more than 90%…

FridayJan 03, 2025 10:57 am

NetworkNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Announces Leadership Changes and Growth Strategy

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) announced the resignation of CEO Arthur Halleran, effective December 27, 2024, after leading the company since 2017. Sean Stofer, with over 20 years of energy industry leadership, has been appointed interim CEO and Chairman, while the company searches for a permanent successor to focus on asset optimization and strategic expansion. Additional appointments include Scott Lower as President and Burak Tolga Terzi as Vice President and Deputy General Manager, both bringing expertise in finance and energy operations. Trillion plans to establish an advisory board and expand its Board of Directors in early 2025 to drive…

FridayJan 03, 2025 8:00 am

NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Secures New Public Safety Contracts in Kentucky

SuperCom (NASDAQ: SPCB), a global provider of e-Government, IoT, and cybersecurity solutions, announced two new contracts with key Kentucky agencies to deploy its advanced public safety technologies. The contracts, which displaced incumbent competitors, demonstrate SuperCom's growing U.S. presence and its ability to deliver tailored electronic monitoring and rehabilitation solutions. President and CEO Ordan Trabelsi highlighted the company's expanding footprint in Kentucky and its role in enhancing public safety infrastructure through innovative tools like PureProtect. These latest wins underscore SuperCom's momentum as a leading provider of public safety technologies across the U.S. To view the full press release, visit https://nnw.fm/jAzJP About SuperCom…

ThursdayJan 02, 2025 2:51 pm

NetworkNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Positions to Capitalize on Future Opportunities

HUB Cyber Security (NASDAQ: HUBC) (“HUB”), a leader in cybersecurity and advanced data fabric solutions, today provided an update on recent filings and share registrations. According to the announcement, the company filed an update to its registration statement with the U.S. Securities and Exchange Commission on Dec. 31, 2024. “These updates are a key part of our strategy to strengthen HUB's financial position and support future growth,” said Noah Hershcoviz, CEO of HUB. “By addressing important financial elements, we’re positioning the company to capitalize on future opportunities while ensuring transparency with our investors.” To view the full press release, visit…

ThursdayJan 02, 2025 2:39 pm

NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Emerging as Key Player in Commodities Market

McEwen Mining (NYSE: MUX) (TSX: MUX) is well-positioned for the next commodity cycle. “Rising commodity prices—particularly in metals critical to green energy—are creating opportunities for investors in mining stocks, even as broader equity markets face potential headwinds from inflation and geopolitical risks. With metal prices climbing and demand for resources surging, companies with diversified portfolios and strong fundamentals are emerging as key players in this evolving landscape,” reads a recent article. “McEwen Mining stands out as a compelling example of a company poised to navigate and benefit from the challenges and opportunities of the current market. By leveraging its rich asset…

ThursdayJan 02, 2025 12:49 pm

NetworkNewsBreaks – CISO Global Inc.’s (NASDAQ: CISO) Upward Trajectory Featured in Investing.com Article

CISO Global (NASDAQ: CISO), a premier cybersecurity solutions provider, was featured in a recent Investing.com article. The piece discusses CISO reaching a new 52-week high, with its stock price climbing to $3.61. “The micro-cap company, valued at $34 million, has seen its revenue grow by approximately 35% over the last twelve months, though InvestingPro data indicates the stock may be overbought at current levels. This milestone reflects a significant surge in investor confidence, as evidenced by the impressive 89% year-to-date return,” the article reads. “While the company operates in the growing cybersecurity sector, its gross profit margin of 13% suggests…

ThursdayJan 02, 2025 12:26 pm

NetworkNewsBreaks – Aegis Capital Corp. Acts as Agent on $5.48M Private Placement for Zoomcar Holdings Inc. (NASDAQ: ZCAR)

Aegis Capital has been in the wealth management and investment banking business since 1984 and is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis announced that it acted as the exclusive placement agent on a $5.48 million private placement for Zoomcar Holdings (NASDAQ: ZCAR). For more information, visit https://nnw.fm/KdTj4 About Zoomcar Holdings Inc. Founded in 2013 and headquartered in Bengaluru, Zoomcar is a leading marketplace for car sharing focused in India. The Zoomcar community connects hosts with guests, who choose from a selection of cars for use…

ThursdayJan 02, 2025 12:05 pm

NetworkNewsBreaks – Aegis Capital Corp. Acts as Sole Bookrunner on a $10.35M IPO for Youxin Technology Ltd (NASDAQ: YAAS)

Aegis Capital has been in the wealth management and investment banking business since 1984 and is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis announced that it acted as the sole bookrunner on a $10.35 million initial public offering (“IPO”) for Youxin Technology (NASDAQ: YAAS). To view the full press release, visit https://nnw.fm/PqJZX About Youxin Technology Ltd Youxin Technology, together with its subsidiaries, operates as a cloud-based software-as-a-service (“SaaS”) and platform-as-a-service (“PaaS”) provider in Mainland China. Its cloud-based SaaS product and PaaS platform help retail enterprises digitally…

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