NetworkNewsBreaks

MondayMay 22, 2023 11:27 am

NetworkNewsBreaks – Sharing Services Global Corporation’s (SHRG) Happy Co. Launches Tropical Twist Ahead of Summer Season

Sharing Services Global Corporation (OTCQB: SHRG) today announced that its wholly owned subsidiary The Happy Co., a leading producer and distributor of nootropic, functional beverage products with a focus on health and wellness, has released a new limited-time seasonal flavor for its popular energy drink PerX. The new flavor, Tropical Twist, is launching ahead of the summer season to expand exposure to new and existing consumers. The limited-time release follows a previous limited release of Frost and will be available alongside PerX’s permanently available flavor, Berry Blast. “The launch of this new flavor comes at the perfect time,” said John…

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MondayMay 22, 2023 11:16 am

NetworkNewsBreaks – Universal Ibogaine Inc. (TSX.V: IBO) Releases Details of Common Share Offering

Universal Ibogaine (TSX.V: IBO), a life sciences company with a mission to deliver medicalized ibogaine-centered addiction care, has announced an offering of up to 66,666,667 shares. The shares will be offered $0.03 per share, which could result in approximately $2 million in gross proceeds. According to the announcement, each unit will include one common share and a one-half common share purchase warrant, with each whole warrant giving the holder the right to purchase an additional UI common share at $0.06 per share; that right will be available for up to one year after the offering closes. UI anticipates using the offering…

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FridayMay 19, 2023 3:35 pm

NetworkNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Unlocking Resources for Downstream Customers

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals company, is aggressively working to become a leader in solutions for improving the separation of rare earth elements (“REEs”) from mined ores in order to secure a stronger position for American REE production. “The key to Ucore’s solution is its development of a solvent extraction process that will not only be the only one based in the Western Hemisphere, but that will be superior to the universally used SX (also known as CSX) extraction process. Ucore’s RapidSX(TM) process is at least three times more efficient than the SX standard, requires…

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FridayMay 19, 2023 3:09 pm

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Reports on Q1 2023 Financial, Corporate Results

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, has released its first-quarter earnings report for the period ending March 31, 2023. Highlights include total bookings valued at $2.9 million, a 297% increase compared to the first quarter of 2022, and a 430% increase in the average deal size for QCaaS and professional services combined bookings on a year-over-year basis. In addition, the company noted that research published in “Nature” shows the computational advantage of its quantum computer, proving quantum dynamics speedup over classical on a set of complex problems. The company has also signed several…

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FridayMay 19, 2023 2:49 pm

NetworkNewsBreaks – GeoSolar Technologies Inc. Spearheading Green Revolution by Helping Americans Live in Carbon-Neutral Homes

GeoSolar Technologies (“GST”), a Colorado-based climate technology company, is positioned for growth as the government and consumers prioritize renewable energy, driving demand for sustainable solutions. “Poised to capitalize on greater public awareness and pressure to transition to cleaner energy sources, GeoSolar Technologies seeks to establish itself as a key player in the industry. As a pioneer in the green home space, the company aims to spearhead the green revolution in building sustainability by helping Americans live in carbon-neutral homes in the future,” a recent article reads. “Its innovative SmartGreen(R) Home system, which can be deployed in both newly built and…

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FridayMay 19, 2023 2:14 pm

NetworkNewsBreaks – SideChannel Inc. (SDCH) Developing Enclave to Respond to Evolving Cybersecurity Dynamics

SideChannel (OTCQB: SDCH), a cybersecurity services and technology provider, has centered its mission on informing small-to-mid-sized SMB companies about the importance of securing their networks against malicious attacks. “SideChannel’s flagship service is the provision of virtual chief information security officers (‘vCISOs’) on a contract basis to companies that need help with cybersecurity but are unable to hire a full-time CISO… SideChannel’s vCISOs can work directly with companies’ executive boards, inserted into the administrative operation as a virtual member of the team. In addition to the vCISO service, SideChannel offers a micorsegmentation security product named Enclave that clients can either use…

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FridayMay 19, 2023 12:45 pm

NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Fr8App Recognized for Use of Advanced Markers from Google Maps Platform

Freight Technologies (NASDAQ: FRGT), a leading technology company developing innovative solutions powered by AI and machine learning to optimize and automate the supply chain process, has been spotlighted as an example of early adoption of leading-edge technology. The company, which provides its Fr8App platform for B2B cross-border shipping, Fr8now for LTL shipping services and Fr8Fleet for dedicated capacity to enterprise companies in the USMCA region, was specifically cited for its implementation of advanced markers from Google Maps Platform on it exclusive Fr8App platform to improve the user experience. The recognition came following Google's annual developer conference in a Google Maps Platform blog…

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FridayMay 19, 2023 12:38 pm

NetworkNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) CEO Featured in Upcoming Water Tower Research Fireside Chat

InMed Pharmaceuticals (NASDAQ: INM), a leader in the pharmaceutical research, development, manufacturing and commercialization of rare cannabinoids and cannabinoid analogs, will be represented at an upcoming Water Tower Research Fireside Chat Series. The company announced that CEO Eric A. Adams will be the featured speaker at the May 23, 2023, fireside chat; the event is slated to begin at 1 p.m. ET. During the chat, Adams will present an overview of the company’s pharmaceutical development pipeline. He will also discuss subsidiary BayMedica and its anticipated impact on InMed's growth as well as upcoming catalysts for the company. A replay of the…

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ThursdayMay 18, 2023 3:00 pm

NetworkNewsBreaks – PaxMedica Inc. (NASDAQ: PXMD) Celebrates Listing and Autism Awareness

The PaxMedica (NASDAQ: PXMD) team recently gathered to ring the closing bell on the NASDAQ exchange, where its shares began trading in August 2022. The April 19 event coincided with Autism Awareness Month. “We’re aggressively working towards our most important goal: developing the first treatment for the core symptoms of autism spectrum disorder, and we will not stop until we get there,” PaxMedica CEO Howard Weisman said in his opening remarks. For more information, visit https://nnw.fm/GVNxR About PaxMedica Inc. PaxMedica is a clinical stage biopharmaceutical company focusing on the development of anti-purinergic drug therapies (“APT”) for the treatment of disorders…

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ThursdayMay 18, 2023 2:53 pm

NetworkNewsBreaks – FinovateSpring Event Partners with IBN for Key Communications, Coverage

Informa, an international events, digital services and academic knowledge group, has announced that NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company part of IBN ("InvestorBrandNetwork") will once again serve as the official newswire for FinovateSpring. The three-day event is slated for May 23–25, 2023, and will be returning to an in-person format; it will be held in San Francisco. According to the announcement, the prestigious gathering is designed to provide the more than 1,200 participants with relevant and essential information regarding cutting-edge technologies in the world of global finance as well as a detailed roadmap for building a competitive edge in…

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