NetworkNewsBreaks Archive - Page 687 of 2081

WednesdayAug 17, 2022 2:03 pm

NetworkNewsBreaks – Reborn Coffee Inc. (NASDAQ: REBN) Announces $7.2M Public Offering Closing

Reborn Coffee (NASDAQ: REBN), a California-based retailer of specialty coffee, has closed on its previously announced upsized initial public offering; the offering was comprised of 1,440,000 shares of REBN common stock at $5per share. According to the announcement, the offering resulted in aggregate gross proceeds of approximately $7.2 million before underwriting discounts, commissions and other offering expenses are deducted. The announcement also stated that Reborn has granted the underwriters a 45-day option to purchase up to 216,000 additional shares of common stock; those shares will be available at the public offering price minus the underwriting discounts and commissions to cover…

WednesdayAug 17, 2022 1:51 pm

NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) Driving State-of-the-Art Solutions

Cepton (NASDAQ: CPTN) is an innovator pioneering high-performance Micro Motion Technology (“MMT(R)”) lidar solutions. The company recently selected Fabrinet (NYSE: FN), a leader specializing in precision optical, electro-optical, sophisticated electronic PCBA, and electro-mechanical process technologies, to produce its flagship automotive-grade Vista(R)-X90 lidar. The partnership could expedite Cepton’s efforts toward mass-market commercialization of high-performance, high-quality lidar solutions. “The Vista(R)-X90 lidar features Cepton’s patented MMT(R) technology configured to deliver scalable lidar solutions with a superior balance between performance, reliability and cost, as well as Cepton’s proprietary lidar engine ASIC, designed for optical illumination control, detection and signal processing. Vista(R)-X90 will be deployed…

WednesdayAug 17, 2022 1:02 pm

NetworkNewsBreaks – Cilicon, Vape-Jet Collaborate to Deliver Intelligent, Integrated Vaporizer Solution

Cilicon, a global provider of cannabis vape hardware, together with Vape-Jet, a U.S.-based infrastructure platform for cannabis oil-filling, today announced the forming of an official partnership to provide an intelligent, one-stop product solution for global cannabis brands. With a mutual understanding of the value of technology for business growth in today’s digital economy, Cilicon and Vape-Jet have launched services for cannabis vaping tech development, hardware manufacturing and filling machines for all brands in the cannabis vaporization industry. The partnership aims to reduce the time and financial budget for industry practitioners focused on cannabis vaporization with smart technology and integrated services.…

WednesdayAug 17, 2022 12:30 pm

NetworkNewsBreaks – Roth Capital Partners LLC Expands Platform to Add Expertise, Trading Services of MKM Partners LLC

Roth Capital Partners (“ROTH”) today announced that it has reached a definitive agreement to acquire 100% of MKM Partners LLC, a Stamford, Connecticut-based, institutional equity trading, sales and research firm. According to the update, the combined organization will employ over 235 individuals, with approximately 60 investment bankers, 45 research analysts, more than 75 distribution professionals specializing in the markets, 550+ stocks under coverage, 14 offices across North America, one of the largest trading floors in the U.S., and capabilities in all major equity business lines. “We are excited to welcome MKM’s employees, platform and culture into the ROTH family,” said…

WednesdayAug 17, 2022 12:15 pm

NetworkNewsBreaks – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Announces Q2 2022 Results, Operational Update, Significant Debt Restructuring Events

Stronghold (NASDAQ: SDIG) has reported financial results for its second quarter ended June 30, 2022, provided an operational update and announced significant debt restructuring events. “Today we are announcing a series of transactions that we believe transform Stronghold into a materially less-levered, vertically integrated Bitcoin miner with significantly improved liquidity and flexibility to deploy capital opportunistically in a way that creates equity value through cycles in the Bitcoin and power markets,” said Greg Beard, co-chairman and chief executive officer of Stronghold. “By returning miners to NYDIG that served as the collateral for the non-recourse financing agreements and restructuring the WhiteHawk…

WednesdayAug 17, 2022 12:01 pm

NetworkNewsBreaks – HIVE Blockchain Technologies Ltd. (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) Releases Q1 2023 Report

HIVE Blockchain Technologies (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) is reporting its earnings for the first quarter 2023, the period ending June 30, 2022. According to the announcement, the company saw a strong gross mining margin of $27 million for the quarter, which represents an 18% increase over the prior quarter’s $22.9 million margin. The company pointed to its global Bitcoin and Ethereum mining operations as drivers for this growth, observing that the operations experienced significant hashrate growth during the quarter. The report also noted that HIVE maintains the best operational uptime among its peers and has repeatedly been the…

WednesdayAug 17, 2022 11:46 am

NetworkNewsBreaks – SPYR Inc. (SPYR) Subsidiary Patented Platform Provides Smart Solutions for Simple IoT Problems

SPYR (OTCQB: SPYR), a diversified technology company developing products and leveraging the Internet of Things (“Iot”) for consumer use and large-scale applications and industries, and its subsidiary GeoTraq, offer patented technology — the WebTraq(R) platform — designed to provide “Smart Solutions for Simple IoT Problems.” The exclusive tech company features asset tracking and remote monitoring through Mobile IoT modules that include global connectivity. According to the company, solving simple, blue-collar challenges is a priority because these problems offer key potential in the huge IoT marketplace. For instance, the company noted, at the end of the day, a rancher for wants to know if…

WednesdayAug 17, 2022 11:23 am

NetworkNewsBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA) Releases New Technical White Paper

Hillcrest (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F), focused on developing transformative power conversion technologies and control system solutions for next-gen electric vehicles and electrical systems, today announced the release of a new technical white paper. The publication outlines advantages of Hillcrest inverter technology and how its soft-switching capabilities relate to capacitors within the power conversion system. A previous white paper from Hillcrest highlighted test results and demonstrated the value of operating electrical systems at higher switching frequencies with the ability to eliminate losses. The latest white paper explains how operating at higher switching frequencies can result in a significant reduction…

WednesdayAug 17, 2022 10:31 am

NetworkNewsBreaks – CubCrafters Unveils Engine Designed for Experimental Carbon Cub Aircraft

CubCrafters, the leading designer and manufacturer of light-sport, experimental and Part 23-certified backcountry aircraft, is in the spotlight in the most recent episode of The Bell2Bell Podcast. CubCrafters VP of sales and marketing Brad Damm sat down with host Stuart Smith to talk about the company’s recent milestones, including the launch of its newest engine, as well as its operational goals for the balance of 2022 and beyond. The Bell2Bell Podcast provides invaluable updates and exclusive interviews with executives operating in fast-moving industries. In addition, CubCrafters has announced a new engine. Called the CC363i F/P, the engine is made specifically…

WednesdayAug 17, 2022 10:17 am

NetworkNewsBreaks – Knightscope Inc. (NASDAQ: KSCP) K5 Deployed at Houston-Based Lubricant Manufacturing Plant

Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies focused on enhancing U.S. security operations, has announced that a Houston manufacturer of premium quality lubricants and associated products for the automotive, industrial and drilling markets has successfully deployed its Knightscope K5 Autonomous Security Robot (“ASR”). The deployment intends to help protect the client’s industrial plant and storage facility in the northeast corner of the city. The announcement reads, “Petrochemical plants pose unique challenges that include threats to the environment, neighboring populations, and site employees’ lives and health. An accidental or intentional incident at such a plant could cause the…

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