NetworkNewsBreaks Archive - Page 506 of 2236

TuesdayApr 09, 2024 2:55 pm

NetworkNewsBreaks – SUIC Worldwide Holdings Ltd. (SUIC) Now Offers Beneway USA’s Revolutionary B2B2C System

SUIC Worldwide Holdings Ltd. (OTC: SUIC), a publicly traded technology company, is offering Beneway USA proprietary business-to-business-to-consumer (“B2B2C”) systems, which provides strategic planning functions and combines business financing solutions with inventory management system features; the system is designed to complement and boost sales as well as marketing channels of partner merchants, franchisees and suppliers around the world. According to the announcement, Beneway USA provides services for the global supply chain financing market, which is valued at an estimated $20 trillion. Beneway’s system works seamlessly with SUIC's proprietary B2C platform, resulting in a superior system that incorporates an “All-in-One” payment and…

TuesdayApr 09, 2024 2:15 pm

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Closes on $3.2M Public Offering

Flora Growth (NASDAQ: FLGC), a cannabis-focused consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000-plus points of distribution around the world, has closed on an underwritten public offering. The offering, which was comprised of 1.7 million common shares, resulted in $3.23 million in gross proceeds for Flora Growth, before deductions. Flora Growth plans to use the funds from the offering for general corporate and working capital needs. Aegis Capital Corp. acted as the sole book-running manager for the offering, which closed on April 8, 2024. In addition, the company announced that its CEO, Clifford…

MondayApr 08, 2024 3:33 pm

NetworkNewsBreaks – DeFi Technologies Inc. (CBOE CA: DEFI) (OTCQB: DEFTF) Subsidiary to Introduce 15 New ETP Products in 2024; 30 in 2025

DeFi Technologies (CBOE CA: DEFI) (GR: R9B) (OTCQB: DEFTF), a FinTech company establishing itself as the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and DeFi, today announced a significant stride in its mission to enhance global accessibility to regulated digital assets as it grows globally. Valour Inc., a leading issuer of exchange traded products ("ETPs") that provide simplified access to digital assets, aims to expand its assets under management ("AUM") by launching 15 new ETP products this year, in addition to the 17 already listed in Europe. Next year, the subsidiary plans…

MondayApr 08, 2024 3:25 pm

NetworkNewsBreaks – Upstream Announces Upstream Accelerate, New Program That Empowers Athletes to Raise Sponsorship

Upstream, the revolutionary retail trading app for stocks and NFTs powered by Horizon Fintex and MERJ Exchange Limited, has introduced an exciting new program designed to empower athletes to raise sponsorship through the sale of collectibles. The program — Upstream Accelerate — provides a way for athletes to use their email and social media channels to encourage and allow fans to sponsor them, while Upstream handles the collectible media as well as setup and creation fees. The Upstream launched the program during its “Upstream Up Close” series on Twitter Spaces, which features 10–15 minute discussions on the world of digital collectibles, Web3…

MondayApr 08, 2024 3:13 pm

NetworkNewsBreaks – Authentic Holdings Inc.’s (AHRO) Subsidiary Partners to Launch iDreamCTV: A Cutting-Edge Streaming Platform

Maybacks Global Entertainment, a subsidiary of Authentic Holdings (OTC: AHRO), today announced its partnership with WiseDV, a leading streaming and broadcast technology provider. Under the collaboration, they unveil and officially launch iDreamCTV, a next-generation over-the-top (“OTT”) platform set to revolutionize the streaming experience. “Working with WiseDV on this one-of-a-kind and innovative app has been seamless. Their expertise and constant communication have enabled us to provide users with features typically reserved for subscription-based services,” said Chris Giordano, president and chairman of Authentic Holdings. “We now make our user experience second to none in terms of its functionality and its user interface.…

MondayApr 08, 2024 2:58 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Streamlines Operations to Focus on Commercial Segment

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that the company has initiated significant cost reduction and consolidation measures, aligning budget to current conditions. Actions are expected to drive an estimated $170 million reduction in Mullen’s operating and investing cash flow expenses over the next 12 months when compared to operating and investing cash flows for the 12 months ended Sept. 30, 2023. The company is making these changes to refine business operations and better align focus on the commercial EV segment that has opportunity to drive near term revenue for Mullen, including projected April sales…

MondayApr 08, 2024 2:44 pm

NetworkNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI), Scinai Bioservices Enter MSA with Ayana Pharma

Scinai Immunotherapeutics (NASDAQ: SCNI), a biopharmaceutical company focused on the development of inflammation and immunology (“I&I”) biological products, through its contract development and manufacturing organization (“CDMO”) business unit, Scinai Bioservices, has signed a five-year Master Service Agreement (“MSA”) with Ayana Pharma Ltd. As outlined by the MSA, Scinai will provide drug-development and cGMP manufacturing services to Ayana; the agreement is forecast to bring in at least $1.8 million in revenues for Scinai over the next five years. Ayana officials noted that the company had done an extensive search looking for a CDMO and was “attracted” to Scinai’s experience in biopharmaceutical drug development and manufacturing for…

MondayApr 08, 2024 2:23 pm

NetworkNewsBreaks – RX3 Growth Partners Featured by Orange County Business Journal for Unique Approach to Scoring Private Equity Wins

In a recent article published by the Orange County Business Journal, Peter J. Brennan covered the story of how the owner of Orange County’s largest investment bank (Roth MKM), a successful entrepreneur, and a star quarterback founded RX3 Growth Partners to “[turn] the typical athlete or celebrity endorsement on its head” by providing athletes and celebrities with the opportunity to secure a stake in an emerging company instead of simply getting paid for promoting a product. RX3 Growth Partners got its name by playing on the last names of Byron Roth, Nate Raabe, and Aaron Rodgers. The author wrote about…

MondayApr 08, 2024 1:10 pm

NetworkNewsBreaks – Astrotech Corp. (NASDAQ: ASTC) Approved as US Government Vendor, Proprietary TRACER 1000 Listed on GSA

Astrotech (NASDAQ: ASTC), an innovative science and technology company, and its wholly owned subsidiary, 1st Detect Corporation, have announced that its TRACER 1000(TM) is now listed in the U.S. General Services Administration (“GSA”) IT Schedule 70, making the company an approved U.S. government vendor. The device can be found under Contract No. GS-35F-250GA with SRI Group LLC, Special Item Number 334290. According to the announcement, IT Schedule 70 is a long-term contract issued to commercial technology vendors that allows sales to the U.S. government, one of the largest buyers of goods and services in the world. A high-performance laboratory instrument of ruggedized mass…

MondayApr 08, 2024 12:50 pm

NetworkNewsBreaks – Noble Capital Markets’ 20th Annual Conference to Bring the ‘Sharks’ to Boca

Noble Capital Markets, Inc. (“Noble”) is hosting its 20th annual emerging growth equity conference in December at Florida Atlantic University’s College of Business Executive Education. The event, slated to take place Dec. 3-4 at the Executive Education programs complex, will bring together three of the original “Sharks” from the ABC hit series “Shark Tank” for a two-day event focused on business pitches, keynote speakers and networking. “For NobleCon20 we want to focus on the importance of entrepreneurship, the economic significance of emerging growth companies, and the methodology of making strategic and disciplined investments. These ‘Sharks’ bring all of that to…

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