NetworkNewsBreaks Archive - Page 328 of 2228

WednesdayFeb 19, 2025 3:01 pm

NetworkNewsBreaks – Digital Ally Inc. (NASDAQ: DGLY) Secures $15M in Underwritten Public Offering

Digital Ally (NASDAQ: DGLY), which develops, manufactures and markets advanced video recording products and other critical safety products for a growing variety of industries and organizational functions, has announced the closing of its firm commitment underwritten public offering. The company secured approximately $15.0 million in gross proceeds from the offering, which closed on Feb. 14, 2025. As detailed in the announcement, Digital Ally granted Aegis Capital Corp. a 45-day option to purchase additional shares of common stock and/or warrants to cover over-allotments, if any. Aegis acted as the sole book-running manager for the offering. Sullivan & Worcester LLP acted as…

WednesdayFeb 19, 2025 2:20 pm

NetworkNewsBreaks – Vstock Transfer to Sponsor Centri Capital Conference, Which Is Set to Showcase Market Trends, Strategies

Vstock Transfer, a leading SEC-registered stock transfer agent serving public companies, IPOs, SPACs, and the broader capital markets, has announced its sponsorship of the Centri Capital Conference that is slated to take place at Nasdaq in New York City on April 22, 2025. The event will draw influential leaders from investment banking, institutional investing and corporate finance to explore the evolving landscape of capital markets. Set to take the stage at one the world’s most recognized financial hubs, the conference provides key stakeholders a forum to discuss market trends, regulatory developments and growth strategies for public and private companies. “At…

WednesdayFeb 19, 2025 11:59 am

NetworkNewsBreaks – Snap Inc. (NYSE: SNAP) Issues $1.5 Billion in Senior Notes Due 2033

Snap (NYSE: SNAP) has announced the pricing of $1.5 billion in aggregate principal amount of 6.875% senior notes set to mature on March 1, 2033. The company plans to utilize approximately $1.445 billion of the net proceeds to repurchase outstanding convertible senior notes due between 2026 and 2028, with the remaining funds allocated for general corporate purposes. Additionally, Snap has amended its existing revolving credit facility, extending $800 million of the facility to February 12, 2030, while $250 million will mature on May 6, 2027. As of 10:02 AM EST on February 19, 2025, Snap's stock is trading at $10.81,…

WednesdayFeb 19, 2025 11:37 am

NetworkNewsBreaks – Microsoft Corp. (NASDAQ: MSFT) Remains Key Holding as Bill Gates Adds McDonald’s (NYSE:MCD) and Mexico Fund (NYSE:MXF) in Q4

Microsoft (NASDAQ: MSFT) remains a cornerstone of Bill Gates’ investment portfolio, as the Bill & Melinda Gates Foundation Trust continued to hold a substantial stake in the tech giant during the fourth quarter of 2024. Alongside Microsoft, the trust added two new positions: 335,000 shares of McDonald's Corporation (NYSE:MCD), valued at approximately $97 million, and 735,000 shares of the Mexico Fund (NYSE:MXF), a closed-end fund focused on Mexican equities, worth around $10.2 million. The purchase of the Mexico Fund marks Gates’ re-entry into the stock after selling a previous position two years ago. As of Feb. 19, Microsoft is trading…

WednesdayFeb 19, 2025 11:35 am

NetworkNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Ends 20-Day Winning Streak Amidst AI Investment Surge

Meta Platforms (NASDAQ: META) concluded a remarkable 20-day winning streak, with shares closing 2.8% lower at $716.37 on Tuesday. This dip follows the company's announcement of plans to invest between $60 billion and $65 billion in artificial intelligence infrastructure for 2025, surpassing analysts' expectations. Despite the increased spending, Meta's stock has risen approximately 22% since the start of the year, driven by strong earnings and resilience against external challenges. As of 9:28 AM EST on February 19, 2025, Meta's stock is trading at $716.37, reflecting a decrease of $20.34 (2.76%) from the previous close. Today's trading range has been between…

WednesdayFeb 19, 2025 11:26 am

NetworkNewsBreaks – Broadcom Inc. (NASDAQ: AVGO) Reportedly Considering Acquisition of Intel (NASDAQ: INTC) Assets

Broadcom (NASDAQ: AVGO), is reportedly evaluating a potential acquisition of Intel Corp.’s (NASDAQ: INTC) chip-design division, as part of a broader restructuring effort within the semiconductor industry. According to reports, Taiwan Semiconductor Manufacturing Company (TSMC) is also considering acquiring Intel’s chip-manufacturing segment. The speculation has led to a historic five-day rally in Intel's stock, which has surged 16.1%. Broadcom's interest in Intel's assets aligns with its strategy to expand its influence in semiconductor design and strengthen its position in high-performance computing and AI-driven technologies. As of 7:44 AM EST on Feb. 19, 2025, Broadcom shares are trading at $1,186.72, reflecting…

WednesdayFeb 19, 2025 11:25 am

NetworkNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Raises $450 Million Through Share Sale to Yorkville Advisors

Trump Media & Technology Group (NASDAQ: DJT), the owner of Truth Social, secured $450 million by selling shares to Yorkville Advisors, a New Jersey-based investment firm. The deal represents more than half of the company’s cash on hand, reinforcing its liquidity ahead of a potential public listing. TMTG’s reliance on this financing structure signals its strategic push to sustain operations and expand its digital media presence. As of 10:05 AM EST on Feb. 19, 2025, shares of Trump Media & Technology Group (NASDAQ:DJT) are trading at $29.34, reflecting a modest increase of $0.11 (0.38%) from the previous close. Today’s trading…

WednesdayFeb 19, 2025 10:48 am

NetworkNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) to Host Patient Forum on Alzheimer’s and Parkinson’s Trials

Annovis Bio (NYSE: ANVS) will host a live webcast on Feb. 27, 2025, at 4:30 p.m. EST, where CEO Maria Maccecchini, Ph.D., will answer questions from patients, caregivers, and families regarding the company’s clinical trials and future plans. The forum will provide updates on the ongoing Phase 3 Alzheimer’s disease trial, plans for the Phase 3 Parkinson’s disease study, and patient communication strategies. A brief presentation will precede a Q&A session, with attendees encouraged to submit questions in advance. The event underscores Annovis’ commitment to patient engagement and transparency. To view the full press release, visit https://nnw.fm/d1Ab0 About Annovis Bio…

WednesdayFeb 19, 2025 10:33 am

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Announces 1-for-50 Reverse Stock Split

CNS Pharmaceuticals (NASDAQ: CNSP) announced a 1-for-50 reverse stock split of its common stock, set to take effect on Feb. 21, 2025. The company’s shares will continue trading on Nasdaq under the symbol “CNSP” but with a new CUSIP number: 18978H409. The reverse split aims to increase the per-share trading price and ensure compliance with Nasdaq’s minimum share price requirement. As a result, every 50 shares of common stock will be consolidated into one, with proportional adjustments made to outstanding equity awards and warrants. No fractional shares will be issued, with cash payments provided instead. The number of authorized shares…

WednesdayFeb 19, 2025 10:30 am

NetworkNewsBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQX: SWISF) (FSE: GDT0) Outlines 2025 Growth Plans, Nasdaq Uplisting Strategy

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0) released a shareholder update from CEO Alain Ghiai, highlighting 2024 achievements and outlining an ambitious roadmap for 2025. The Swiss-hosted cybersecurity company reported strong recurring revenue from its SaaS model and announced the upcoming launch of its Sekur Corporate Suite, aimed at expanding enterprise adoption. Sekur also reaffirmed its commitment to a planned Nasdaq uplisting by the end of Q2 2025, having already engaged an investment banking firm. With a growing global presence in over 30 countries, the company remains focused on scaling its secure communications platform and increasing shareholder value.…

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