NetworkNewsBreaks

MondayMay 15, 2023 3:31 pm

NetworkNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Announces Q3 2023 Financial Results, Provides Business Update

InMed Pharmaceuticals (NASDAQ: INM), a leader in the pharmaceutical research, development, manufacturing and commercialization of rare cannabinoids and cannabinoid analogs, today announced financial results for the third quarter of the fiscal year 2023, which ended March 31, 2023. “The third quarter of fiscal year 2023 was an important period for InMed, as we achieved several key milestones across our different business segments, including completing enrollment in our phase 2 clinical trial for epidermolysis bullosa, marking the first time cannabinol (‘CBN’) has completed a phase 2 clinical trial. We look forward to the data read out during 3Q and will then…

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MondayMay 15, 2023 3:23 pm

NetworkNewsBreaks – VCI Global Limited (NASDAQ: VCIG), HFA Collaborate to Bring Global Liquidity, Cross-Border Price Discovery to Clients

VCI Global (NASDAQ: VCIG) today announced its entry into a partnership agreement with Horizon Fintex Advisors Ltd. (“HFA”), a registered sponsor advisor to Upstream, a MERJ Exchange securities market. According to the announcement, the HFA partnership works to add immense value to VCI Global’s expanding business advisory practice by offering VCI clients a streamlined path to dual list on Upstream’s next generation market and reach a digital-first investor base. “We are excited to partner with HFA to bring global liquidity and cross-border price discovery to our existing consultancy business clients and integrate Upstream’s innovative NFT strategies to the clients of…

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MondayMay 15, 2023 3:15 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Lands $1.25M Contract with Rutgers University

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, today announced its receipt of a $1.25 million contract for its K1 Blue Light Towers and K1 E-Phones. The State University of New Jersey (“Rutgers”) signed purchase orders for a total of 145 devices. The announcement reads, “Rutgers stands among America’s highest-ranked, most diverse public research universities and is the oldest, largest and top-ranked public university in the New York/New Jersey metropolitan area. It has been using Knightscope’s emergency communication devices since 2022 and has been slowly expanding its footprint of the familiar blue…

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MondayMay 15, 2023 2:49 pm

NetworkNewsBreaks – Sharing Services Global Corporation (SHRG), Subsidiary Announce New Probiotic Dietary Supplement

Sharing Services Global (OTCQB: SHRG) and its wholly owned subsidiary, The Happy Co., have unveiled a new probiotic dietary supplement product: Probio8. The Happy Co. is a leading producer and distributor of nootropic, functional beverage products with a focus on health and wellness. Gluten-free, sugar-free and vegan, Probio8 is delivered in capsule form and contains eight different strains of beneficial probiotics, prebiotics and postbiotics. According to the announcement, the new potent formula, which includes updated packaging, is an enhancement offering compared to the company’s previous probiotic supplement. “The pursuit of exceptional health is central to everything we do here,” said Sharing Services…

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MondayMay 15, 2023 2:39 pm

NetworkNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Reports on Q1 2023 Financial Results

Jupiter Wellness (NASDAQ: JUPW), a wellness company focused on hair metabolism and skin therapies, has release a report on its first-quarter revenues for the period ended March 31, 2023. The company reported revenues for the quarter totaled $1,121,676, compared to $721,629 in Q1 2022. Operating expenses for the quarter came in at $1,496,537, compared to $2,978,933 for the same period in 2022, and net losses totaled $1,308,174 for the three months, compared to $2,919,775 for the same period in 2022. “I am thrilled with our team's progress this quarter, demonstrating substantial revenue growth and a significant reduction in operating expenses,”…

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MondayMay 15, 2023 2:26 pm

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Announces Q1 2023 Results, Corporate Update

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, today announced its financial results for the quarter ended March 31, 2023. In addition, the company provided a clinical update of its anti-cancer drug candidate currently in development for the treatment of primary and metastatic brain and CNS cancer. “Over the course of the first quarter, our team has continued its flawless operational execution of our potentially pivotal study witnessed by our recent enrollment update boasting 100 patients now dosed in this global clinical…

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MondayMay 15, 2023 2:15 pm

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports on Business Update, EMM Testing and Installation

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has provided an update for stockholders on key components of its business. The update covered  factory activities in Mishawaka, Indiana, and Tunica, Mississippi, as well as developments in Mullen Advanced Energy Operations, Bollinger Motors commercial vehicles 4-6, Mullen commercial vehicles Class 1 and 3 and the Mullen FIVE EV crossover program. In part, the update noted that on March 30, 2023, the MGT Lease Company, a national fleet sales and leasing provider, received delivery of Mullen EV cargo vans; shortly thereafter, MGT placed a $15.8 million order for 250 all-electric commercial…

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MondayMay 15, 2023 1:42 pm

NetworkNewsBreaks – Data443 Risk Mitigation Inc. (ATDS) Announces Strategic Acquisition of Select Assets of Israel-Based Cyren Ltd.

Data443 (OTC: ATDS), a data security and privacy software company for “All Things Data Security,” today announced its entry into a definitive agreement to acquire select assets from Cyren Ltd. According to the announcement, the acquisition will expand Data443’s capabilities and product offerings, solidifying its position as a market leader in the data security and privacy industry. “Cyren is a leader in emerging and high-volume risk mitigation for some of the world’s largest name brand organizations we all use today,” said Jason Remillard, Data443’s CEO and founder. “This business has a tremendous track record, providing fast-breaking threat detection services and…

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MondayMay 15, 2023 1:32 pm

NetworkNewsBreaks – Progressive Care Inc. (RXMD) Releases Record breaking Q1 2023 Financial Results

Progressive Care (OTCQB: RXMD), a personalized healthcare services and technology provider, is reporting its financial results for the first quarter ended March 31, 2023. According to the report, the company saw record quarterly revenue; the report showed a $11.4 million revenue for the first quarter, a 13% increase from the first quarter ended March 31, 2022. Other highlights include total pharmacy revenue increasing by $1.3 million, or 13%; prescription revenue increased by $1.8 million, or 21%, to total $10.4 million during the first quarter of 2023; 340B contract revenue for the quarter was $1.6 million, an increase of $1.2 million; gross…

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MondayMay 15, 2023 1:10 pm

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) Reports Filing of Complaint, Update on Spin-Out Transaction

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions for the treatment of challenging neurodegenerative, inflammatory and metabolic disorders, is reporting that a complaint against the company and its subsidiary, FSD Biosciences Inc., was filed on May 1, 2023. The complaint was filed in the United States District Court for the Southern District of Florida by GBB Drink Lab Inc. FSD Pharma received a copy of the complaint on May 9, 2023. According to the announcement, the complaint states that “FSD breached a mutual nondisclosure agreement and…

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