NetworkNewsBreaks

WednesdayJan 10, 2024 2:27 pm

NetworkNewsBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR) Receives Key Investment from Government of Quebec

Vision Marine Technologies (NASDAQ: VMAR), a global leader and innovator within the performance electric recreational boating industry, has closed on a strategic investment from the Quebec government. The financial contribution of up to $3 million came through Investissement Québec and is in the form of a subscription to preferred shares. According to the press release, Quebec officials Pierre Fitzgibbon (the minister of economy, innovation and energy; minister responsible for regional economic development; and minister responsible for the metropolis and the Montréal region) and Eric Girard (minister of finance, minister responsible for relations with English-speaking Quebecers and a member of the…

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WednesdayJan 10, 2024 2:08 pm

NetworkNewsBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0) Signs Strategic Agreement with UAE Distributor

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0), a leading Swiss-hosted secure and private communications platform, has announced its entry into a major distribution agreement with a distributor in the United Arab Emirates (“UAE”) in order to distribute its entire Sekur Swiss-hosted private and encrypted communications platform. The agreement was signed with Advanced Vision Smart Solutions (“AVSS”), a United Arab Emirates corporation from Aby Dhabi, UAE, and covers all the UAE and is valid for a period of 24 months, with renewal options for an additional 12 months. “We are very excited to have signed this distribution agreement for…

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WednesdayJan 10, 2024 1:49 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces ATVM Pre-Application for Domestic Battery Materials Processing

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its subsidiary Mullen Advanced Energy, LLC submitted a pre-application to the U.S. Department of Energy (“DOE”) Advanced Technology Vehicles Manufacturing (“ATVM”) Loan Program to support its expansion into domestic battery manufacturing. A $25 billion-dollar direct loan program funded by Congress in fall 2008, ATVM is designed to provide debt capital to the U.S. automotive industry for the purpose of funding projects that help vehicles manufactured in the U.S. meet higher mileage requirements and lessen U.S. dependence on foreign oil. “We are fully committed to transitioning the manufacturing of EVs…

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WednesdayJan 10, 2024 1:35 pm

NetworkNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Unveils New App Connecting Car Owners with Car Services

FingerMotion (NASDAQ: FNGR), a mobile services and data company, and its subsidiary, Shanghai JuiGe Information Technology Co. Ltd., have launched a new app. Called Da Ge, the consumer application links car owners with an array of key services, including car washing, detailing and maintenance and linking users with full-service independent service stations. According to the announcement, an estimated 18,000 car-care service stations have already been onboarded on the app, and the company projects that more than 25,000 service stations will be signed up by the end of 2024. In addition, the company noted that the national rollout generated a post-beta…

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WednesdayJan 10, 2024 1:09 pm

NetworkNewsBreaks – 1Konto Unveils ‘Doorway to Global Opportunities’ Through 1KPrime Expansion

1Konto has announced significant enhancements to its flagship platform, 1KPrime. According to the update, the upgraded 1KPrime platform elevates liquidity to USD levels for major fiat currencies and digital assets, including pairing with stablecoins USDC, USDT and top cryptocurrencies like BTC and ETH. The move positions 1KPrime at the forefront of financial trading services, providing a sophisticated platform for institutional on-ramps, deep liquidity and efficient global settlements. Extending beyond liquidity provision, 1KPrime is positioning itself as a comprehensive partner for entities engaged in multi-currency transactions. “We’re not just expanding our services; we’re reshaping the landscape of international settlements,” said Edwin…

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WednesdayJan 10, 2024 12:58 pm

NetworkNewsBreaks — HWH International Inc. (NASDAQ: HWH) Closes on Business Combination with Alset Capital Acquisition Corp. (NASDAQ: ACAXU)

HWH International (NASDAQ: HWH), a purpose-driven lifestyle company, and Alset Capital Acquisition Corp. (NASDAQ: ACAXU), a special purpose acquisition company formed for the purpose of entering a merger, capital stock exchange, asset acquisition or stock purchase, have completed a business combination. The common stock of the combined company was expected to begin trading on the NASDAQ market using the ticker symbol HWH on Jan. 9, 2024. HWH International Inc. provides an offering based on four core pillars: HWH Marketplace, Hapi Cafe, Hapi Travel Destination and Hapi Wealth Builder. The transaction was approved in August 2023 by Alset stockholders. Alset began…

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WednesdayJan 10, 2024 12:28 pm

NetworkNewsBreaks — DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Announces Participation in Upcoming Needham Growth Conference

DoubleDown Interactive (NASDAQ: DDI), a leading developer and publisher of digital games on mobile and web-based platforms, announced that it will be participating in the upcoming Needham Growth Conference. According to the announcement, Joe Sigrist, DDI’s chief financial officer, is schedule to present at the event, which is scheduled for Jan. 18, 2024. Sigrist’s presentation will begin at 3 p.m. ET. The conference will be held in New York City. In addition to presenting, Sigrist will be available to meet with institutional investors that are attending the conference. To view the full press release, visit https://nnw.fm/sIbqy About DoubleDown Interactive Co.…

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TuesdayJan 09, 2024 1:41 pm

NetworkNewsBreaks — Nextech3D.ai (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS) Kicks Off New Year with Announcement of Six Contracts

Nextech3D.ai (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS), an AI-3D model supplier for major e-commerce retailers, started off the new year with six contracts. Five of the contracts were renewals with existing customers, including CB2, a division of Crate and Barrel; Artika, renowned for its avant-garde lighting solutions; Raptor Tactical, a designer and manufacturer of modern tactical equipment for military, police and other law enforcement units; William Wood Mirrors; and City Grounds, which offers a curated selection of high-quality merchandise tailored to the urban cycling lifestyle. The company also added a new customer to its Nextech3D.ai portfolio: EOD Gear, which supplies EOD and…

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TuesdayJan 09, 2024 1:33 pm

NetworkNewsBreaks – SOHM Inc. (SHMN) Announces Filing of Provisional Patent for ABBIE Smart Gene Editing Technology

SOHM (OTC: SHMN), a pharmaceutical, nutraceutical and cosmeceutical company that manufactures and markets generic drugs covering numerous treatment categories, has filed a provisional patent application on its ABBIE Smart Gene-Editing platform. According to the announcement, the platform uses the latest enzymes and guide RNAs to resolve off-target gene-editing limitations. Gene therapy modifies or manipulates the expression of a gene or alters the biological properties of living cells for therapeutic use and has become a critical tool for treating genetic diseases. One of the challenges of gene therapy, however, is ensuring that gene edits happen at the intended site and not…

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TuesdayJan 09, 2024 1:18 pm

NetworkNewsBreaks – Branded Legacy Inc. (BLEG) Acquires All In Extracts LLC

Branded Legacy (OTC: BLEG), (soon to be known as Royal Enterprises Inc.), a burgeoning company in the pharmaceutical biotechnology sector, today announced its strategic acquisition of All In Extracts, a pioneering entity focused on medicinal ethnobotany. The milestone deal amplifies Branded Legacy’s focus on innovation, expansion and collaborative growth within the biotech community. “As soon as I met with the All In team, I knew something great was in the making,” said Branded Legacy CEO David Oswald. “It is a rare enough thing to find a company motivated primarily by the positive impact they can make on society. We are…

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