NetworkNewsBreaks

FridayJul 12, 2024 1:17 pm

NetworkNewsBreaks – MultiSensor AI Holdings Inc. (NASDAQ: MSAI) Closes on Multimillion-Dollar Public, Private Offerings

MultiSensor AI (NASDAQ: MSAI), a pioneer in artificial intelligence (“AI”)-powered industrial condition-based maintenance and process control solutions, has closed on a firm commitment public offering. The offering is comprised of 6,250,000 shares of common stock at a public offering price of $1.60 per share, less the underwriting discount. According to the announcement, MultiSensor AI also granted the underwriters a 45-day option to purchase up to 937,500 additional shares. The shares were offered at the public offering price after the deduction of an underwriting discount to cover overallotments; the option was exercised in full and closed with the public offering. Gross…

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FridayJul 12, 2024 1:00 pm

NetworkNewsBreaks – GEMXX Corp. (GEMZ), Partner Positioned to Establish Footprint in Global Oil and Gas Market

GEMXX (OTC: GEMZ), a mine-to-market gold, gemstone and jewelry producer with global reach, recently entered a significant collaboration with Latin Energy Partners (“LEP”), an emerging leader and independent E&P company involved in the exploration of significant hydrocarbon reserves in Latin America. “GEMXX and LEP have defined the terms to jointly drill four test wells in a promising geological formation in a Latin American country. This partnership marks a landmark move for both companies in their oil exploration and development pursuits. The partnership particularly aligns with GEMXX’s long-term goals, with CEO Richard Clowater expressing his company’s eagerness to join forces with…

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FridayJul 12, 2024 12:49 pm

NetworkNewsBreaks – Snap Inc. (NYSE: SNAP) Enhances User Experience and Targets Subscriber Growth

Snap (NYSE: SNAP), the parent company of the popular social media platform Snapchat, is making significant strides to enhance user experience and expand its subscriber base. With the introduction of new features aimed at personalizing the Snapchat+ experience, Snap Inc. is targeting its over nine million subscribers with innovative additions. These include the ability to create a personalized house on Snap Map and the option to add a custom pet alongside users’ Bitmoji in chats. Furthermore, Snapchat is rolling out new tools for all users, such as the live Mirror feature in the Bitmoji Builder and AI-powered Lenses for fun…

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FridayJul 12, 2024 12:40 pm

NetworkNewsBreaks – Correlate Energy Corp. (CIPI) Expanding Solutions to Significant Untapped Market

Correlate (OTCQB: CIPI), a tech-enabled development, finance and fulfillment platform for distributed energy solutions across North America, is strategically working with partners to help clients facilitate green energy transition and improvements. “Correlate Energy is expanding its renewable energy adoption services into a significant untapped market, thanks to a new corporate partnership, a new federal funding program benefitting low-income communities, and a non-profit insurance company designed to alleviate risks that may stymie decarbonization infrastructure’s effectiveness. The linchpin of this coalition effort to deliver solar energy to underserved markets is funding made available to a select group of applicants under the landmark…

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ThursdayJul 11, 2024 3:00 pm

NetworkNewsBreaks – Bebuzee Inc. (BBUZ) Bringing Future of Digital Engagement Through Game-Changing Super App

Bebuzee (OTC: BBUZ) is a social platform and streaming service focused on developing and deploying America’s first Super App. “The company recently announced the launch of its game-changing Super App, which is set to offer a comprehensive suite of features that cater to the ever-evolving needs of modern users… The Super App amalgamates diverse functionalities into one unified application, offering core features such as video streaming, photo sharing, a messaging service, a mobile payment and digital wallet service, an online travel agency for lodging reservation, a ticket exchange and resale service, a flight search engine and travel agency, a global…

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ThursdayJul 11, 2024 2:30 pm

NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Positioned as Standout Opportunity for Investors

McEwen Mining’s (NYSE: MUX) (TSX: MUX) share price has shown a remarkable gain of 62.1% over the last 12 weeks, indicating strong momentum and robust performance in the market. “This trend of sustained positive momentum over time is a key indicator of the stock’s potential for continued growth, making it an attractive option for those looking to capitalize on price strength… McEwan Mining’s financial health further supports its strong market position. With a current ratio of 1.37, MUX demonstrates its capability to meet short-term obligations, although its quick ratio of 0.58 suggests a tighter liquidity position when inventory is excluded.…

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ThursdayJul 11, 2024 2:00 pm

NetworkNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Reports Significant Improvements from INM-089 in AMD, Validates INM-901 as Potential AD Treatment

InMed (NASDAQ: INM) is a clinical stage pharmaceutical company focused on developing a pipeline of proprietary small molecule drug candidates targeting the CB1/CB2 receptors. The company recently released several critical updates regarding its INM-089 therapy treating dry Age-related Macular Degeneration (“AMD”) and its INM-901 small molecule drug candidate targeting Alzheimer’s disease (“AD”). “Recent preclinical data for INM-089 demonstrated significant functional and pathological improvements in an AMD disease model, indicating promising neuroprotective effects in the back of the eye… INM-901 is currently being investigated for its potential in treating Alzheimer’s disease. Recent preclinical data showcased its positive pharmacological effects, demonstrating reduced…

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ThursdayJul 11, 2024 1:14 pm

NetworkNewsBreaks – Clene Inc. (NASDAQ: CLNN) Prepares to Submit Briefing Book to FDA, Looks to Obtain Key Feedback Regarding NDA for CNM-Au8 in ALS

Clene (NASDAQ: CLNN) and its wholly owned subsidiary, Clene Nanomedicine Inc., 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”), is in the process of submitting a briefing book to the U.S. Food and Drug Administration (“FDA”). The company anticipates submitting the book by July 13, 2024, in advance of the FDA granting a Type C interaction. According to the announcement, the purpose of the interaction between Clene and the FDA is to obtain key feedback on the potential path to submission of…

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ThursdayJul 11, 2024 1:07 pm

NetworkNewsBreaks – InvestorNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Continues ‘Strong Collaboration’ with New $2.9M Orders from European Governments

SuperCom Ltd. (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and cybersecurity sectors, today announced the receipt of new orders from European governments. These orders are valued at $2.9 million and are expected to be delivered in the next four months. According to the announcement, the new orders are the third in a series of orders from European clients received in the past 90 days. The three groups of orders total over $11 million. “We are delighted to continue our strong collaboration with European governmental clients,” said Ordan Trabelsi, President and CEO of SuperCom. “These consecutive…

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ThursdayJul 11, 2024 11:36 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Pioneering Battery Exchange Program for Qualifying Class 1 EV Cargo Van Customers

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is announcing POWER BOOST, a pioneering vehicle battery exchange program for current Class 1 EV cargo van customers. According to the announcement, POWER BOOST allows customers who meet existing vehicle warranty requirements to upgrade their lithium-ion battery packs to solid-state polymer battery packs, increasing vehicle range potential from 110 miles to over 200 miles. The company noted that the Mullen ONE, Class 1 EV cargo van equipped with the solid-state polymer battery pack is scheduled for production in H2 2025. “We value the investment and confidence that our customers place…

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