NetworkNewsBreaks

WednesdayMay 17, 2023 11:48 am

NetworkNewsBreaks – CISO Global Inc. (NASDAQ: CISO) Reports on $4M Registered Direct Offering

CISO Global Inc. (NASDAQ: CISO), an industry leader as a managed cybersecurity and compliance provider, has entered into definitive agreements with key investors. According to the announcement, the agreements are for the purchase and sale of 20 million shares of the company’s common stock, sold at a purchase price of $0.20 per share in a registered direct offering. The company anticipates the offering, will total approximately $4 million, will close on or about May 19, 2023, and will be subject to customary closing conditions. CISO expects to use funds from the offering for general corporate purposes, including potentially working capital,…

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WednesdayMay 17, 2023 11:27 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN), NRTC Commence Class 3 Assembly Line Installation and Integration

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that vehicle production will begin in July 2023 at Mullen’s Manufacturing Center in Tunica, Mississippi. According to the announcement, Mullen’s manufacturing group is collaborating with NRTC Automation (“NRTC”) out of Birmingham, Alabama, for Class 3 assembly line installation and integration, including all robotics and automation systems for vehicle production. NRTC will support Mullen’s Class 3 operation through launch and provide ongoing support of the production as Mullen ramps up to meet the full market demand from its commercial customers. “It’s gratifying to see our Class 3 vehicle production…

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WednesdayMay 17, 2023 11:12 am

NetworkNewsBreaks – Truleo Schedules Key Q&A Webinar to Demo Cutting-Edge Tech

Truleo, a company that processes body camera videos for police departments across the country to help automate supervision, facilitate coaching and promote police professionalism, is hosting a Q&A webinar. The webinar is slated to begin at 1:30 p.m. PST on May 30, 2023. According to the announcement, the webinar will include a live demo by Truleo CEO Anthony Tassone, who will highlight the company’s cutting-edge body cam analytics and explain how the analytics work for both good and bad police behavior. Truleo is dedicated to increasing trust in the police through body camera analytics, and the company’s revolutionary technology and…

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TuesdayMay 16, 2023 3:14 pm

NetworkNewsBreaks – Sharing Services Global Corporation (SHRG) Announces Official Launch Event for Hapi Travel

Sharing Services Global Corporation (OTCQB: SHRG) and DSS Inc. (NYSE American: DSS) recently announced the distribution date for the common stock of Sharing Services that is beneficially held by DSS directly and through its subsidiary, Decentralized Sharing Systems Inc. (“DSSI”). According to the announcement, each share of DSS common stock outstanding as of 5 p.m. ET held on April 28, 2023, entitled the holder to receive two SHRG common stock shares distributed on May 4, 2023. As a result, DSS and DSSI hold an approximate 7% ownership interest in Sharing Services Global Corporation. DSS, a multinational company operating nine business…

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TuesdayMay 16, 2023 3:07 pm

NetworkNewsBreaks – Guardforce AI Co. Limited (NASDAQ: GFAI) Secures ~$13.8M in Underwritten Public Offering, Exercise of Full Over-Allotment Option

Guardforce AI (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, AI and Robot-as-a-Service (“RaaS”), has announced the closing of its underwritten public offering of 2,580,600 ordinary shares, par value of $0.12 per share, each at a public offering price of $4.65. The underwriters exercised the over-allotment option in full for an additional 387,090 ordinary shares at the time of the closing. As a result, Guardforce AI secured aggregate gross proceeds of approximately $13.8 million prior to deducting underwriting discounts and other offering expenses. EF Hutton, division of Benchmark Investments LLC, acted as the lead book-running manager and…

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TuesdayMay 16, 2023 3:01 pm

NetworkNewsBreaks – AmeriCann Inc. (ACAN) Reports Best-Ever Revenue, Net Income

AmeriCann (OTCQB: ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, is reporting on its financial and operational results for the quarter ending March 2023; the report showed the company’s best-ever annual revenue and net income for its latest four quarters. According to the report, AmeriCann has reported five consecutive quarters of positive net income, with net income increasing 257% and revenue increasing an estimated 12% for the quarter ended March 2023 compared to the quarter ended March 2022. In the report, the company attributed the increased revenue to products produced and manufactured at the company's…

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TuesdayMay 16, 2023 2:42 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Provides Transcript and Video of Yesterday’s Q1 Town Hall Update

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, today released the transcript and video of its First Quarter Town Hall Update that occurred at 1 p.m. PT on May 15, 2023. In the update, the company’s CEO William Santana Li reviewed financial highlights from Knightscope’s recently filed quarterly report on Form 10-Q for the first quarter 2023, as well as shared current events that may be of interest to stockholders and potential investors. “First, I am pleased to report that for the 1st quarter of 2023, we recorded approximately $2.9M in revenue…

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TuesdayMay 16, 2023 1:54 pm

NetworkNewsBreaks – Data443 Risk Mitigation Inc. (ATDS) Reports on Q1 2023 Financial Results, Notes Triple-Digit Increase in Revenue and Gross Profit

Data443 Risk Mitigation (OTC: ATDS ), a data security and privacy software company for “All Things Data Security,” is reporting on its results for the quarter ended March 31, 2023. Financial highlights of the report include 125% increased revenue year over year, 184% increased gross profit year over year and a 60% decreased net loss year over year. Business highlights for the year include a 98% customer renewal rate, the VB100 certification of Data443(R) Antivirus Protection Manager(TM), and the company’s Ransomware Recovery Manager being named Best of Inexpensive Protection and Best for Kiosks in PCMag’s The Best Ransomware Protection for 2023.…

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TuesdayMay 16, 2023 1:37 pm

NetworkNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTC: RFLXF) (FWB: HF2) Enters Strategic Partnership with LSTM

Reflex (CSE: RFLX) (OTC: RFLXF) (FWB: HF2) today announced a partnership with Lone Star Tech Minerals (“LSTM”), a Texas-based graphite and industrial minerals marketing consulting firm, which will assist Reflex with competitive analysis, market research and marketing strategies. Under the partnership, LSTM will provide Reflex with a strategic production and marketing plan. “We are excited to partner with Lone Star Tech Minerals and leverage their marketing and technical experience,” said Paul Gorman, CEO of Reflex Advanced Materials Corp. “Lone Star’s extensive knowledge of the CSPG industry will be invaluable as we aim to deliver high-quality, custom graphite products to a…

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TuesdayMay 16, 2023 1:24 pm

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

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) is a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions for the treatment of challenging neurodegenerative, inflammatory and metabolic disorders. The company has been awarded approximately C$2.81 million in an arbitration settlement. An InvestmentPitch Media video provides additional information about this news and the company. The video is available for viewing on InvestmentPitch and YouTube. To view the full press release, visit https://nnw.fm/NTai2 About FSD Pharma Inc. FSD Pharma is a biotechnology company with three drug candidates in different stages of development. FSD BioSciences, a wholly owned…

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