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WednesdayMay 11, 2022 11:27 am

NetworkNewsBreaks – illimity Announces Solid Start of 2022, Opening of New Growth Phase

illimity Bank S.p.A.’s (“illimity” or the “Bank”) board of directors, chaired by Rosalba Casiraghi, yesterday approved the illimity Group’s results as of March 31, 2022. According to the announcement, illimity continued its growth path also in the first quarter of 2022, in line with the trajectory forecast in its 2021-25 Strategic Plan, posting a net profit of 15.7 million euro, which represents an increase of 25% over the first quarter of 2021 (12.6 million euro). “The solid results we have achieved in the first quarter allow us to look ahead to the rest of the year with great optimism,” said…

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WednesdayMay 11, 2022 11:19 am

NetworkNewsBreaks – Cybin Inc. (NYSE American: CYBN) (NEO: CYBN) to Present at H.C. Wainwright Global Investment Conference

Cybin (NYSE American: CYBN) (NEO: CYBN), a biopharmaceutical company focused on progressing “Psychedelics to Therapeutics(TM),” today announced that its CEO Doug Drysdale will participate in a fireside chat at the H.C. Wainwright Global Investment Hybrid Conference. The event is taking place May 23-26, 2022, at the Fontainebleau Miami Beach. Drysdale’s fireside chat will be webcast live at 12:30 p.m. ET on Wednesday, May 25. Interested parties should visit https://nnw.fm/CQqI8 to register and access the live webcast. An archived version of the webcast will also be available on the company’s investor relations website. To view the full press release, visit https://nnw.fm/7Y4TH…

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WednesdayMay 11, 2022 11:11 am

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FSE: 0K9A) Featured in InvestmentPitch Media Video

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FSE: 0K9A), a life sciences holding company dedicated to building a portfolio of assets and biotech solutions, has closed the sale of non-core assets for $16.4 million. This news and additional information about the company was featured in an InvestmentPitch Media video, available for viewing on InvestmentPitch and YouTube or by visiting www.InvestmentPitch.com and entering “FSD Pharma” in the search box. Anthony Durkacz, interim CEO and co-executive chairman of FSD Pharma, said of the move: “This is a major accomplishment and puts us in a good position going forward especially considering the current state…

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WednesdayMay 11, 2022 11:04 am

NetworkNewsBreaks – Eat Well Investment Group Inc.’s (CSE: EWG) (OTC: EWGFF) Amara Organic Foods Makes List of Top-Five Direct-to-Consumer Brands

Eat Well Group (CSE: EWG) (OTC: EWGFF), a publicly traded investment company, has announced that Amara Organic Foods, one of its investee companies, has been named no. 5 on Business Insider’s fastest-growing direct-to-consumer brands. In addition to that, Amara also earned a spot on Good Housekeeping’s list of best organic baby foods for 2022. The Business Insider ranking was based on Similarweb data, including monthly traffic and Q1 growth across several different categories, such as food, personal care, and health. According to the announcement, Amara’s average monthly website visits reached visits almost 40,000 with quarter-over-quarter web-traffic growth of 286%. The…

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TuesdayMay 10, 2022 3:22 pm

NetworkNewsBreaks – Nebeus Adds AVAX-Backed Loans

Nebeus, the cryptocurrency and crypto-backed lending app, continually seeks innovative methods to help clients to grow and enhance their crypto investments. While Nebeus users have previously been able to buy, sell, trade, and exchange Avalanche (“AVAX”), AVAX can now be used as collateral for Nebeus crypto-backed loans. According to the announcement, the new feature allows users to borrow against their Avalanche investments. Nebeus AVAX-backed loans include Quick Loans that are immediate, pre-approved and come directly from Nebeus’s treasury, offering a 50% loan-to-value ratio at 0% interest for three months. In addition, Flexible Loans are tailored to individual requirements, allowing customers…

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TuesdayMay 10, 2022 3:15 pm

NetworkNewsBreaks – Advisors Mortgage Group’s President Recognized at NJBIZ Leaders in Finance Ceremony

Advisors Mortgage Group, based in Ocean Township, New Jersey, today announced that its president, Steven Meyer, was an honoree at the NJBIZ second annual Leaders in Finance awards ceremony on April 27. The event took place at the Doubletree by Hilton in Somerset, New Jersey, with the awards celebrating New Jersey’s financial executives who contributed to the success of their companies as well as their communities. Ken Kiczales, NJBIZ publisher, hosted the ceremony and said this about Meyer: “As president, Meyer focuses on helping clients obtain security, equity and financial stability by offering a seamless mortgage experience and maintaining the…

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TuesdayMay 10, 2022 3:01 pm

NetworkNewsBreaks – Knightscope Inc. (NASDAQ: KSCP) Experiential Event Scheduled to Coincide with National Police Week near Washington, D.C.

Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies committed to enhancing U.S. security operations, is continuing to see success through its innovative Robot Roadshow. The event, designed to grab attention, forge connections and provide an up-close, hands-on experience with Knightscope crime-fighting robots, will land near Washington, D.C., in two different Virginia cities: Arlington and Alexandria. The stops, the 40th landing on the roadshow’s nationwide schedule, were planned to coincide with National Police Week. The company has designed these creative marketing events, which tour the country in a space-age, NASA-like “pod” that enables participants to see the technology that…

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TuesdayMay 10, 2022 3:01 pm

NetworkNewsBreaks – BizCann Expo Colombia to Showcase Latest Trends in Cannabusiness

The BizCann Expo, an elite business and networking event for everything cannabis, today announced details for its upcoming event at the Plaza Mayor in Medellin, Colombia, on May 21-22. For established cannabusiness providers or those looking for entry into this new, rapidly expanding market, BizCann Expo has everything needed to start or scale a canna-venture or to service the cannabusiness sector. BizCann Expo Colombia and Alternative Products Expo are co-located in the cannabis gateway to South America. Through a surprisingly robust legislative framework, Medellin is hosting the event that will bridge the North American and South American markets and jumpstart…

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TuesdayMay 10, 2022 2:50 pm

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX), Net Savings Link Inc. (NSAV) Enter Strategic Partnership

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its software-as-a-service (“SaaS”) platform, has entered into a partnership with Net Savings Link (OTC: NSAV), a cryptocurrency, blockchain and digital asset technology company. Under the collaboration, NSAV, though utilization of SRAX’s solutions, will maximize and accelerate its communications for interested investors and shareholders. With Sequire, NSAV will be able to secure trading data instantaneously— including level two trading data, current share price, volume, change percentages, and beyond— and enable better shareholder engagement via amplified media utilization. “We are thrilled to welcome our…

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TuesdayMay 10, 2022 2:48 pm

NetworkNewsBreaks – Tingo Inc. (TMNA), MICT Inc. (NASDAQ: MICT) Enter Definitive Merger Agreement

Tingo (OTC: TMNA), the leading agri-fintech company operating in Africa, and MICT (NASDAQ: MICT), a financial technology business principally focused on the growth and development of a suite of consumer fintech services, today announced the execution of a definitive agreement to merge and consolidate their operations. Under the merger, Tingo and MICT will create an over $900 million annual revenue and highly profitable Nasdaq-listed fintech and agri-fintech company serving the African and Asian markets with a global expansion strategy. “We are truly excited to continue our journey as a Nasdaq-listed public company through this synergistic combination with MICT,” said Dozy…

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