NetworkNewsBreaks

MondayJul 10, 2023 10:15 am

NetworkNewsBreaks — AtomBeam Technologies Inc. Raises $3M-Plus during Crowdfunding Campaign, Schedules Webinar to Share Results

AtomBeam Technologies, a pioneering data-compaction software company, has concluded its crowdfunding campaign on StartEngine. The company announced that the campaign raised more than $3 million, exceeding expectations. The funds came from diverse investors and will be used to develop AtomBeam’s groundbreaking technology, which the company spotlighted during the fundraising campaign. According to the announcement, the proprietary software enhances efficiency and security as well as reduces data usage. “We are thrilled and humbled by the overwhelming support and trust we have received from our investors during this campaign,” said AtomBeam CEO Charles Yeomans in the press release. “This successful round of…

Continue Reading

FridayJul 07, 2023 3:59 pm

NetworkNewsBreaks – Data443 Risk Mitigation Inc. (ATDS) Moving to Expand into Larger Enterprise Market

Data443 Risk Mitigation (OTC: ATDS), a data security and privacy software company, recently announced next steps to acquire select assets from Israeli cloud-based internet security technology company Cyren Ltd. “The acquisition will broaden Data443’s data security and protection capabilities and further complement the company’s award-winning ransomware protection and recovery capabilities – helping propel Data443 to a competitive advantage within a rapidly expanding marketplace, boasting the likes of Crowdstrike, Google/Madiant, SentinelOne, Cisco, and Microsoft. The transaction, which is expected to close in the third quarter of 2023, will enable Data443 to enhance its existing product portfolio and accelerate the development of…

Continue Reading

FridayJul 07, 2023 1:39 pm

NetworkNewsBreaks – CISO Global Inc. (NASDAQ: CISO) Helps Companies Implement Effective Cybersecurity Strategies

CISO Global Inc. (NASDAQ: CISO), an industry leader in managed cybersecurity and compliance services, works closely with companies to provide essential protection. “Complying with security requirements should be about more than just ticking off mandatory checkboxes,” a recent article quotes CISO Global CEO David Jemmett, and includes excerpts from his guest essay for The Last Watchdog. “The importance of compliance is clear to see,” he writes. “In spite of this, many organizations today still see compliance as a nuisance, rather than a business enabler. All too often, organizations will analyze compliance requirements and harden their systems and practices to meet…

Continue Reading

FridayJul 07, 2023 12:48 pm

NetworkNewsBreaks – Electronic Servitor Publication Network Inc.’s (XESP) Sophisticated Technology Stack Goes Beyond Omnichannel Marketing

Electronic Servitor Publication Network (OTCQB: XESP) is a market disruptor for B2B companies, utilizing cutting-edge data analytics and smart technology to identify needs and ensure real connections between clients and their target markets. “The company can then tailor content to meet that market’s precise needs... The company has coined this managed service as ‘Growth as a Service.’ Data is run through XESP’s Digital Engagement Engine(TM), which is a sophisticated technology stack that does 1-to-1 contact analysis and 1-to-1 content provisioning, making sure that communications are relevant, meaningful and create a positive experience. XESP’s technology goes beyond omnichannel marketing, offering a…

Continue Reading

FridayJul 07, 2023 11:30 am

NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Completes Strategic Integration on Path to Become Pivotal Player in Logistics

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company with a custom-developed, industry-leading Fr8App freight-matching platform powered by AI and machine-learning, offering a real-time portal for B2B cross-border and domestic shipping within the USMCA region. The company today announced the completion of its integration with Trucker Tools, one of the most utilized carrier relationship management platforms in the United States. The integration is expected to increase the offers on loads by 75% and expand the carrier network in the U.S. by as much as twentyfold. “At Fr8App, we are proud to be a technology-driven company that is leading the charge…

Continue Reading

FridayJul 07, 2023 10:48 am

NetworkNewsBreaks – IGC Pharma Inc. (NYSE American: IGC) Secures $12M Line of Credit to Strengthen Efforts in Alzheimer’s Research

IGC Pharma (NYSE American: IGC), a clinical-stage pharmaceutical company, has secured a $12 million revolving line of credit from the Hong Kong Branch of O-Bank Co. Ltd. The funding will support IGC’s working capital needs primarily related to its Alzheimer’s research. Bradbury Asset Management (Hong Kong) Limited, a Hong Kong headquartered financial institution managing approximately $2 billion in assets, has collateralized cash assets in support of the line of credit. This follows the recent investment of $3 million in IGC led by four investment funds managed by Bradbury through a private placement, highlighting continued support for the company. “We are…

Continue Reading

FridayJul 07, 2023 10:31 am

NetworkNewsBreaks – American Rebel Holdings Inc. (NASDAQ: AREB) Closes $3M Private Placement

American Rebel (NASDAQ: AREB, AREBW), a designer, manufacturer and marketer of branded safes and personal security and self-defense products, recently announced the closing of its previously disclosed private placement of common stock (or pre-funded warrants in lieu thereof) and warrants. Under the securities purchase agreement, the company sold 686,499 shares of common stock (or pre-funded warrants) and warrants to purchase 686,499 shares of common stock. Each share (or pre-funded warrant) was sold together with accompanying warrants at a combined effective purchase price of $4.37. The warrants are immediately exercisable from the date of issuance at an initial exercise price of…

Continue Reading

FridayJul 07, 2023 10:18 am

NetworkNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Reports on Annual General Meeting Voting

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting the results of its recent Annual Meeting of Shareholders. The meeting was held on June 29, 2023, and during the gathering the shareholders voted on and approved three main proposals. Shareholders voted to increase the number of shares of preferred stock authorized to be issued from 2 to 10 million and to increase the total authorized shares accordingly. As a result, effective June 30, 2023, the company filed with the state of Colorado an “Articles of Amendment to the…

Continue Reading

ThursdayJul 06, 2023 4:17 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces $25M Stock Buyback Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its board of directors has authorized a stock buyback program. Under the program, the company may, until Dec. 31, 2023, purchase up to $25 million in shares of its outstanding common stock. The shares may be repurchased, from time to time, in the open market or in privately negotiated transactions depending upon market conditions and other factors, and in accordance with regulations of the Securities and Exchange Commission (the “SEC”). “We are initiating this buyback program as an attractive opportunity to deploy capital and return value to…

Continue Reading

ThursdayJul 06, 2023 3:53 pm

NetworkNewsBreaks – IGC Pharma Inc. (NYSE American: IGC) Announces $3M Common Stock Private Placement

IGC Pharma (NYSE American: IGC), a company that develops advanced cannabinoid-based formulations for treating diseases and conditions, including but not limited to Alzheimer's disease, period cramps (dysmenorrhea), premenstrual syndrome ("PMS") and chronic pain, has received strategic investment support. According to an announcement from the company, it has received investments from four funds managed by Bradbury Asset Management (Hong Kong) Limited, a leading asset management firm with more than $2 billion in managed assets. The announcement also noted that additional contributions were received from three unrelated investors. In total, the company has received an estimated $3 million in gross proceeds. “The…

Continue Reading