NetworkNewsBreaks

TuesdayAug 06, 2024 11:09 am

NetworkNewsBreaks – Nightfood Holdings Inc. (NGTF) Expands into Growing Food-Service Segment with Recent Acquisition

Nightfood Holdings (OTCQB: NGTF), a forward-thinking acquisition and development holding company, has built a reputation in the sleep-friendly snack market. Now the company is expanding beyond the nighttime snack category into a growing segment of the food-service industry through recent acquisitions designed to diversify operations and capitalize on an emerging market. According to the article, Nightfood signed a letter of intent (“LOI “) to acquire SWC Group Inc., doing business as Carryoutsupplies.com, or CarryOut for short. CarryOut specializes in custom-printed food packaging and offers traditional and environmentally friendly selections for restaurants, cafes and other food-service businesses. “We are thrilled at…

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TuesdayAug 06, 2024 10:23 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Shares Update from CEO

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today provided an update from CEO and chairman David Michery. According to the update, the company believes it has a strong foundation for future growth in EV sales based on the value of its total assets and cash position. Mullen highlighted the $250 million in new financing commitments it has secured to accelerate its growth plan, the expansion of its sales and distribution reach, the receipt of new orders, the delivery of vehicles, and negotiations to expand its customer base and market share. In addition, Mullen noted that it is…

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TuesdayAug 06, 2024 10:09 am

NetworkNewsBreaks – Ocugen Inc. (NASDAQ: OCGN) Closes on $35M Public Offering

Ocugen (NASDAQ: OCGN), a biotechnology company focused on discovering, developing and commercializing novel gene and cell therapies and vaccines, has closed on its previously announced underwritten public offering. The offering was comprised of 30,434,783 shares of its common stock, with each share sold at $1.15 per share. The company is anticipated to receive an estimated $35 million in gross proceeds, before standard deductions and expenses are made. Ocugen plans to use the funds from the offering for general corporate purposes, capital expenditures, working capital, and general and administrative expenses. Titan Partners Group, a division of American Capital Partners, acted as…

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MondayAug 05, 2024 3:14 pm

NetworkNewsBreaks – PaxMedica Inc. (NASDAQ: PXMD) Preparing for NDA Submission for Leading Drug Candidate

PaxMedica (OTC: PXMD), a biopharmaceutical company focused on advancing treatments for neurological disorders, is in the process of preparing to submit a New Drug Application (“NDA”) to the U.S. Food and Drug Administration (“FDA”). The NDA is for PAX-101, an intravenous formulation of suramin that could potentially treat conditions such as Human African Trypanosomiasis and autism spectrum disorder (“ASD”). The process includes having a Type C meeting with the FDA, and then incorporating the outcomes of that meeting, which is a key opportunity for PaxMedica to demonstrate the therapeutic potential and public health benefits of PAX-101. “PaxMedica’s primary mission is…

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MondayAug 05, 2024 2:47 pm

NetworkNewsBreaks – Software Effective Solutions Corp. (d/b/a MedCana) (SFWJ) Focused on Building Framework to Strengthen Position in Growing Cannabis Sector

Software Effective Solutions Corp. (d/b/a MedCana) (OTC: SFWJ), a leading entity in the cannabis and agricultural technology sectors, is focused on solidifying its position in the growing cannabis market. According to a recent article, the global cannabis market, which reached an estimated $27.7 billion in 2022, is forecast to total $82.3 billion in 2027. MedCana is working on becoming the world’s premier resource for pharmaceutical cannabis products and playing a key role in that growing space. The company is currently involved in building technology, laboratories, growing facilities and scientific teams to provide premium pharmaceutical-grade cannabis extracts to the world. The…

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MondayAug 05, 2024 2:08 pm

NetworkNewsBreaks – Blockchain Futurist Conference Shares Top 10 Reasons to Attend Upcoming Event

Blockchain Futurist Conference is this year’s must-attend Web3 event, and a recent press release shares the top reasons for being part of the Aug. 13–14, 2024, gathering. Those reasons include everything from being the largest Web3 event in Canada — with more than 10,000 attendees, 250-plus speakers and 150 partners — to including a massive cabana networking opportunity and dozens of scheduled meet-up opportunities. The two-day event also features two hackathons: the ETHToronto Hackathon and ETHWomen, the largest female-driven hackathon in the world. In addition, the event is being held during Canada’s Crypto Week, with more than 50 other events also taking…

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MondayAug 05, 2024 1:56 pm

NetworkNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) CEO Featured in Latest Bell2Bell Podcast, Recorded Live at AAIC 2024

Annovis Bio (NYSE: ANVS), a late-stage, clinical-drug platform company pioneering transformative therapies for neurodegenerative disorders such as Alzheimer’s disease (“AD”) and Parkinson’s disease (“PD”), is spotlighted in the latest episode of The Bell2Bell Podcast, released by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community. The episode, which featured Annovis Bio founder, president and CEO Dr. Maria Maccecchini, PhD, was recorded live from the Alzheimer’s Association International Conference(R) 2024 (“AAIC”). During the episode, Maccecchini and IBN’s Stuart Smith discussed the results of the company’s recent phase 3 Parkinson’s study of its lead drug candidate, buntanetap. Maccecchini…

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MondayAug 05, 2024 1:44 pm

NetworkNewsBreaks – Clene Inc. (NASDAQ: CLNN) Announces Participation in Upcoming Canaccord Genuity 44th Annual Growth Conference & Private Company Showcase

Clene (NASDAQ: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc. is a 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”). The company is set to present at the Canaccord Genuity 44th Annual Growth Conference & Private Company Showcase and host 1x1 investor meetings. The company’s presentation is scheduled for August 13, 2024, at 11:30 a.m. EST. To view the live webcast, visit https://nnw.fm/uGo0W To view the full press release, visit https://nnw.fm/LLDIg About Clene Inc. Clene (along with…

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MondayAug 05, 2024 1:31 pm

NetworkNewsBreaks – Upstream Looks at First Week of Spot Ethereum ETF Trading

Upstream, a MERJ Exchange stock market and global trading app, is reporting on the first week of trading for spot Ethereum exchange-traded funds (“ETFs”). According to the article, spot Ethereum ETFs began trading on July 23, 2024; the ETFs were offered by entities such as BlackRock, Fidelity, 21Shares, Bitwise, Franklin Templeton, VanEck and Invesco Galaxy, which also offer spot Bitcoin ETFs. Spot Ethereum ETFs started strong with more than $1 billion in trade volume on the first day, representing 23% of the volume seen by Bitcoin ETFs on their launch. Upstream noted that Ethereum ETFs, which are similar to traditional ETFs…

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MondayAug 05, 2024 1:16 pm

NetworkNewsBreaks – Energy and Water Development Corp. (EAWD) Offers Solution to Water Scarcity Amid Climate Change

Energy and Water Development (OTCQB: EAWD), a green-tech engineering solutions company focused on delivering water and energy to extreme environments, offers some independence from groundwater and other traditional sources for fresh water. That independence can make a difference within a framework created by existing issues associated with climate change and its impact on water access. A recent article notes that the company, which has experience in building water and energy systems out of already existing and proven technologies, is aware of the challenge of climate change and is looking to address it. Through its innovative, off-grid solution that utilizes solar…

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