NetworkNewsBreaks

ThursdayMay 11, 2023 3:12 pm

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Schedules Release of Q1 2023 Results, Earnings Call

D-Wave (NYSE: QBTS) is a leader in quantum computing systems, software and services, and the only quantum computing company building commercial annealing quantum computing systems and developing gate-model quantum computing systems. The company today announced that it will release its financial results for the first quarter ended March 31, 2023, on Friday, May 19, before market open. In conjunction with this announcement, D-Wave will host a conference call at 8:00 a.m., also on May 19, to discuss its financial results and business outlook. Interested parties can join the live call by dialing 1-877-407-3982 (domestic) or 201-493-6780 (international) and entering conference…

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ThursdayMay 11, 2023 3:03 pm

NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) to Participate at 20th Annual Craig-Hallum Institutional Investor Conference

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, today announced that its Chief Executive Officer Dr. Jun Pei and Chief Financial Officer Hull Xu will participate in the 20th Annual Craig-Hallum Institutional Investor Conference. The event is slated to take place at the Depot Renaissance Hotel in Minneapolis on Wednesday, May 31, 2023. Cepton management will be available for one-on-one or group investor meetings throughout the conference. Interested parties should contact [email protected] or their Craig-Hallum representative for related inquiries. To view the full press release, visit https://nnw.fm/24zkG About Cepton Inc. Cepton is a Silicon Valley…

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ThursdayMay 11, 2023 2:53 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces Completion of cGMP Manufacturing for Upcoming Clinical Trial

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced completion of batch manufacturing of the DehydraTECH(TM)-processed cannabidiol (“CBD”) and placebo materials for its upcoming U.S. phase 1b hypertension clinical trial HYPER-H23-1. According to the update, Lexaria retained the services of a U.S. contract manufacturing organization to produce the materials compliant with current Good Manufacturing Practice (“cGMP”) regulations as mandated by the Food and Drug Administration (“FDA”). Filling into capsules is expected to be completed this month. This will follow with analytical release and stability testing in order to gather essential quality control data necessary for…

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ThursdayMay 11, 2023 2:29 pm

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) Secures $2.81M in Cost Awards from Dr. Raza Bokhari

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 today announced that in a cost award decision dated May 6, 2023, the Honorable J. Douglas Cunningham, K.C. (“Justice Cunningham”) ruled in favor of FSD Pharma, awarding the company approximately $2.81 million all in Canadian dollars costs of arbitration in the arbitration between FSD Pharma and its former CEO Dr. Raza Bokhari. In July 2021, the board of directors for FSD Pharma unanimously voted to…

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ThursdayMay 11, 2023 2:21 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Secures $15,755,000 Vehicle Purchase Agreement with MGT

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced its entry into a vehicle purchase agreement with MGT Lease Company (“MGT”), a national fleet leasing provider, to purchase 250 all-electric commercial class 3 cab chassis EV trucks in a contract valued at $15,755,000. The vehicles are slated for delivery beginning in August 2023, with complete fulfillment of the purchase agreement to occur by December 2023. Randy Marion Automotive Group, a distributor of Mullen’s commercial EVs, will fulfill the vehicle orders. “Our agreement with MGT enables them to offer their fleet customers a competitive commercial EV vehicle offering,…

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ThursdayMay 11, 2023 2:01 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces Additional Contract Renewal, Expanded Service to UC San Diego

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASR”) and blue light emergency communication systems, has announced that a longtime client, one of the largest resort/casinos in the United States, has renewed its contract for the sixth year in a row. The contract calls for six for 6 ASRs to provide 24/7/365 surveillance at its Southern California location. An official from the casino noted that “Knightscope’s customer service is extremely responsive. They’re open to new ideas and always available when we need to discuss anything.” In addition, another existing client, UC San Diego, has expanded its contract with…

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ThursdayMay 11, 2023 1:43 pm

NetworkNewsBreaks – NextPlat Corp. (NASDAQ: NXPL) Invests Additional $1M in Progressive Care Inc. (RXMD)

NextPlat (NASDAQ: NXPL, NXPLW), a global e-commerce provider, today announced that it has completed an additional $1 million investment in Progressive Care (OTCQB: RXMD), a personalized healthcare services and technology company. In connection with the $1 million investment, NextPlat purchased 455,000 newly issued units of Progressive Care, with each comprised of one share of Progressive Care’s common stock and one warrant to purchase a share of common stock at a per unit purchase price of $2.20. In addition, NextPlat executives Charles Fernandez and Rodney Barreto, as well as certain other Progressive Care convertible note holders, agreed to convert the approximately…

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ThursdayMay 11, 2023 1:16 pm

NetworkNewsBreaks — DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Releases Q1 2023 Financial Report, Player Numbers

DoubleDown Interactive (NASDAQ: DDI), a leading developer and publisher of digital games on mobile and web-based platforms, is reporting on its unaudited financial results for the first quarter ended March 31, 2023. Highlights of the report include revenues reaching $77.6 million, down from $85.5 million in the first quarter of 2022; operating costs of $52.2 million, a reduction from the $60.8 million reported in Q1 2022; Adjusted EBITDA of $25.4 million compared to $26.9 million for the same period in 2022; and net income totaling $23.7 million, up from the $18.5 million for first quarter of 2022. In addition, the company…

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WednesdayMay 10, 2023 2:39 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Reports New TSU Contract, Renewal by Longtime Client; Announces Town Hall Meeting

Knightscope (NASDAQ: KSCP) is maintaining its momentum as a leading developer of autonomous security robots (“ASR”) and blue light emergency communication systems. The company continues to see contracts — both new and renewals — as it works to make the United States the safest country in the world. The company’s most recent renewal is with a well-known media and entertainment company. The client, which first signed with Knightscope seven years ago to patrol one of its North Hollywood properties, has renewed its contract for 24/7/365 ASR surveillance. In addition, Knightscope announced that Texas State University (“TSU”) has inked a deal with Knightscope…

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WednesdayMay 10, 2023 2:28 pm

NetworkNewsBreaks – Lift 2023 Event to Return to the Heart of Downtown Toronto

Lift Events & Experiences, Canada’s No. 1 cannabis conference and trade show series, today announced its return to the Metro Toronto Convention Centre (“MTCC”), a top-of-class venue for business event organizers, located in the heart of downtown Toronto. Lift Toronto 2023, slated to take place on June 1-3, is expected to attract representatives from more than 150 companies within the cannabis-value chain, 140+ renowned industry thought leaders, and 3,000 to 5,000 growers, licensed producers, retailers, budtenders, investors and consumers. As a fifth year of cannabis legalization in Canada comes to fruition, the event will commence with the full-day Lift Cannabis…

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