NetworkNewsBreaks

FridayJan 20, 2023 12:12 pm

NetworkNewsBreaks – Silo Pharma Inc. (NASDAQ: SILO) Eying Broad Market Opportunities for Its Liposomal Joint Homing Peptide

Silo Pharma (NASDAQ: SILO), a developmental-stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research, recently revealed positive interim data from its dose optimization study of SPU-21 joint homing peptides for subcutaneous administration of anti-arthritic agents. “Silo Pharma provided an update on the ongoing study as of Dec. 30, 2022. During the study, tests were conducted to evaluate the disease-suppressive effects of an SPU-21 peptide-guided anti-arthritis drug versus the drug alone. The drug used in the study was dexamethasone (“DEX”), a corticosteroid used for its anti-inflammatory and immunosuppressant effects. Earlier results of the same study successfully demonstrated that the…

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FridayJan 20, 2023 11:56 am

NetworkNewsBreaks – Sharing Services Global Corporation (SHRG) Committed to Staying Ahead of Market Trends

Sharing Services (OTCQB: SHRG) is a company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. “SHRG distinguishes itself in the direct-sales space by focusing on a mission to increase shareholder value by adhering to standards of excellence that optimize the value of the people involved, supply chain, and channel of distribution, achieving optimal customer satisfaction through every subsidiary and partnership interest,” a recent article reads. “SHRG is committed to staying ahead of marketplace trends, fulfilling needs, creating sustainable enterprise growth, and consistently increasing shareholder value. This company vision has driven the acquisition…

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FridayJan 20, 2023 11:06 am

NetworkNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Issues Correction Regarding $4.1M Registered Direct and Private Placement

Jupiter Wellness (NASDAQ: JUPW), a company focused on hair, skin and sexual wellness, on Thursday announced its entry into a definitive agreement with investors in a registered direct offering, as well as details surrounding a concurrent private placement. The company issued an update to the initial release to correct the final share count and closing date. The registered direct offering is for the purchase and sale of 4,315,787 shares. In a concurrent private placement, Jupiter Wellness also agreed to issue to the same investors a total of 8,631,574 warrants to purchase up to one share of common stock, each at…

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FridayJan 20, 2023 10:41 am

NetworkNewsBreaks — Cepton Inc. (NASDAQ: CPTN) Completed $100M Koito Manufacturing Investment

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, has closed its previously announced $100 million investment with Koito Manufacturing Co. Ltd.; Koito is a long-term automotive Tier 1 partner and current CPTN shareholder. The transaction closed on Jan. 19, 2023, and was in the form of convertible preferred stock. Cepton’s stockholders approved the move at a special meeting held on Jan. 11, 2023. The investment is convertible into shares of Cepton’s common stock at an initial conversion price of $2.585 per share; the conversion date begins on the first anniversary of the issue date. “We’re happy…

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ThursdayJan 19, 2023 1:13 pm

NetworkNewsBreaks – Coyuchi Inc. Positioned with Sustainable Products in Trend That’s ‘Here to Stay’

Coyuchi, the gold standard in sustainable luxury home goods, uses 100% organic cotton in the manufacturing of all of its textiles. “The company was built on four foundational pillars: protecting the planet, innovating circular design, living sustainably, and enriching the community… Coyuchi has seen a very positive trajectory, coming off a 26% year-over-year net sales growth in 2021 with an overall revenue climb of $33.3 million. The company recently opened up to outside investors through a Regulation A+ offering and has exceeded the $1 million mark in funding through its campaign. Previously, Coyuchi itself attracted $20 million in private investor…

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ThursdayJan 19, 2023 1:06 pm

NetworkNewsBreaks – GeoSolar Technologies Inc. Delivering SmartGreen(TM) in Dedication to Making Net-Zero a Reality

GeoSolar Technologies (“GST”), a Colorado-based climate technology company, is well positioned to bring to the United States renewable energy technology that makes low-carbon and low-cost residential housing estates and communities possible. “The company’s SmartGreen(TM) whole-home renewable energy systems tap into the power of the sun and earth to provide heating, air conditioning and electricity with rooftop solar panels and geothermal ground loops,” a recent article reads. “The SmartGreen(TM) Home system can be adapted to nearly any type of home with options to build the system into new construction or retrofit it into existing buildings. Besides producing all the energy a…

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ThursdayJan 19, 2023 12:53 pm

NetworkNewsBreaks – HeartBeam Inc.’s (NASDAQ: BEAT) Growing Patent Portfolio Poised to Have Disruptive Effect on Multibillion Markets

HeartBeam (NASDAQ: BEAT), a cardiac technology company with a track record for innovation and cutting-edge technology, recently announced that it was granted a patent for its 12-lead electrocardiogram (“ECG”) smartwatch-based monitor designed to identify heart attacks and complex cardiac arrhythmias. “The breakthrough inventions protected by this patent enable our proprietary 3D ECG technology to be built into a smartwatch, eliminating the need for a dedicated ECG device while offering a 12-lead ECG capability enabling heart attack and complex arrhythmia detection,” a recent article quotes HeartBeam CEO and Founder Branislav Vajdic, PhD, as saying. “This patent may prove to be one…

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ThursdayJan 19, 2023 11:52 am

NetworkNewsBreaks – ECGI Holdings Inc. (ECGI) CEO Reports on Company’s Progress, Upcoming Plans in Shareholder Letter

ECGI Holdings (OTC: ECGI), d/b/a Elite Cannabis Group Inc., has “made significant strides toward our goal of targeting a leadership role in product manufacturing and wholesale distribution in the California legal cannabis marketplace,” reported CEO Danny Wong in a recently released letter to shareholders. In the letter, Wong notes that many developments have been taking root and maturing, and he believes that the legal cannabis industry in California has “oververticalized,” resulting in a strong opportunity for disruption. Wong reported that the ECGI is actualizing its vision of becoming a central player in the California cannabis space through a series of…

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ThursdayJan 19, 2023 11:47 am

NetworkNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Announces $4.1M Registered Direct and Private Placement

Jupiter Wellness (NASDAQ: JUPW), a company focused on hair, skin and sexual wellness, today announced its entry into a definitive agreement with investors for the purchase and sale of 4,315,786 shares in a registered direct offering. In a concurrent private placement, Jupiter Wellness also agreed to issue to the same investors a total of 8,631,572 warrants to purchase up to one share of common stock, each at an exercise price of $1.00. The private placement warrants will be exercisable beginning six months after issuance, with 4,315,786 having a 3-year term and 4,315,786 having a 5-year term from the initial exercise…

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ThursdayJan 19, 2023 11:35 am

NetworkNewsBreaks – SideChannel Inc. (SDCH) to Host Virtual Investor Day

SideChannel (OTCQB: SDCH), a provider of cybersecurity services and technology for emerging and middle-market companies, has announced that it will hold an Investor Day on Feb. 15, 2023. The event will be structured in a virtual webcast format and take place from 9:00 a.m. to 10:30 a.m. ET. Brian Haugli, president and CEO, and Ryan Polk, CFO, will host the Investor Day and provide an update on SideChannel’s operations, recent developments and strategic priorities. Interested parties should visit https://nnw.fm/c49Mn to preregister and may dial in by calling 888-506-0062 (toll-free) or 973-528-0011 (international) and providing participant access code 469673 (or referencing…

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