NetworkNewsBreaks

ThursdayJan 12, 2023 10:36 am

NetworkNewsBreaks – Cybin Inc. (NYSE American: CYBN) (NEO: CYBN) Selects Generalized Anxiety Disorder as Target Indication for CYB004

Cybin (NYSE American: CYBN) (NEO: CYBN) is a biotechnology company focused on progressing Psychedelics to Therapeutics(R). The company today announced that it has selected Generalized Anxiety Disorder (“GAD”) with or without major depressive disorder (“MDD”) as the target indication for CYB004 — its proprietary deuterated N, N-dimethyltryptamine (“DMT”) molecule. “Based on preclinical data, CYB004 has shown promise in treating anxiety disorders. About half of people suffering from depression are also burdened with GAD, which makes the need for more effective treatment options for GAD even more urgent,” said Cybin CEO Doug Drysdale. “Since the pandemic, the prevalence of depression and…

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ThursdayJan 12, 2023 10:15 am

NetworkNewsBreaks — Cepton Inc. (NASDAQ: CPTN) Announces Approval of Preferred Stock Issue by Shareholders

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, reported that its stockholders approved the company’s proposal to issue 100,000 shares of Series A Convertible Preferred Stock to Koito Manufacturing Co. Ltd.  The issuance, which would be for $100 million, is based on the terms of an investment agreement between the two companies that was signed on Oct. 27, 2022. According to the announcement, the investment should close on Jan. 19, 2023. Shareholders voted on the proposal during Cepton’s recent special meeting of shareholders, which was held on Jan. 11, 2023. To view the full press release,…

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WednesdayJan 11, 2023 1:36 pm

NetworkNewsBreaks – IBN to Build Brand Recognition for 2023 GSMI Events

IBN, a multifaceted financial news and publishing company, today announced its collaboration with the Global Strategic Management Institute (“GSMI”) to serve as the official media sponsor for all of its upcoming events in 2023. A cutting-edge conference production company with a footprint across more than 100 countries, GSMI is world-renowned for promoting disruptive innovation. Collaborating with over 92% of the Fortune 500 companies and featured in San Diego’s Top 100 Emerging Companies several times over the past decade, GSMI has established itself as the go-to party for executive education, wide-ranging summits, tailored workshops and highly effective training sessions. “IBN’s outreach…

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WednesdayJan 11, 2023 1:32 pm

NetworkNewsBreaks — IBN Reports on Key Achievements Reached during 2022

IBN, a multifaceted financial news and publishing company for private and public entities, released a report on its 2022 milestones, including the fact that it has more than 100 client partners under coverage. Highlights of the report included news that the company covered more than 150 events last year; commenced a collaborative partnership with Upstream, a revolutionary exchange and trading app for digital securities; and launched its Circles of Champions brand, which spotlights publicly traded companies that exemplify the impact of IBN’s Dynamic Brand Portfolio; the company’s portfolio consists of more than 50 brands with a collective social media audience…

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WednesdayJan 11, 2023 1:15 pm

NetworkNewsBreaks – Quantum Miami to Showcase New Investment Models, Strategies and Budding Entrepreneurs in Crypto, Blockchain and Web3

Quantum Events, the world’s premier conference production company, today announced that it will host its flagship web3 and blockchain conference, Quantum Miami, in a hybrid format at the James L. Knight Center in Miami, Florida, on Jan. 25 – 27, 2023. For Quantum Miami, the team behind the production of world-renowned events such as The North American Bitcoin Conference 2022 (BTC Miami) and Fantom DC will bring together education, inspiration, community, fun and culture all under one roof. The agenda will feature thought-provoking conversations and critical debates, in a variety of interactive formats including panels, keynotes, demos and activations on…

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WednesdayJan 11, 2023 12:12 pm

NetworkNewsBreaks – Careerlink Holdings Inc. to Pursue Public Offering to Accelerate Growth, Drive Services Business

Careerlink, a leading provider of HR recruiting, staffing and retention software and services, today announced that for the first time in its 30-year history, it intends to allow new public investment in the company under Securities and Exchange Commission (“SEC”) Regulation A+. According to the update, the company, which is currently profitable and growing, will use the offering proceeds to accelerate organic growth nationally and drive its services business. As part of its aggressive growth strategy, Careerlink seeks to acquire independent recruiting and staffing firms challenged to compete effectively without strong technology platforms. “Companies interested in being acquired by Careerlink…

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WednesdayJan 11, 2023 12:04 pm

NetworkNewsBreaks – Aditxt Inc. (NASDAQ: ADTX) Dedicated to New Era of Precision Medicine

Aditxt (NASDAQ: ADTX), a biotech innovation company, is developing and commercializing technologies with a focus on monitoring and modulating, mapping and reprogramming the immune system, designing technologies to provide a personalized immune profile. “In late October 2022, Aditxt announced the creation of its Adimune(TM) program. At the same time, Aditxt announced that Adimune initiated the GMP manufacturing of drug candidate ADI(TM)-100 for purposes of initiating human trials. The trial will be performed in autoimmune diseases, with psoriasis as the first indication to be studied. Adimune’s nucleic acid-based technology, ADI(TM), has shown in preclinical studies the ability to restore/induce immune tolerance…

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WednesdayJan 11, 2023 11:54 am

NetworkNewsBreaks — DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Signs Share Purchase Agreement for i-Gaming Acquisition

DoubleDown Interactive (NASDAQ: DDI), a leading gaming company delivering unique player experiences across a variety of genres, has entered into a share purchase agreement outlining details for the acquisition of SuprNation AB. The agreement details an offer for cash consideration of approximately $35 million on a cash-free, debt-free basis; the offer will be subject to a final 2022 financial review. Based in Europe, SuprNation is an i-Gaming company that provides a range of casino gaming experiences. The all-cash acquisition is anticipated to close sometime in Q2 2023, subject to customary conditions. Following the completion of the acquisition, SuprNation will be a…

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WednesdayJan 11, 2023 11:43 am

NetworkNewsBreaks – Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Stands Distinct in Mineral Exploration Space with Kay Mine Project

Arizona Metals (TSX: AMC) (OTCQX: AZMCF), a mineral exploration company focused on advancing precious and base metal deposits, has commenced its phase 3 expansion drill program in the flagship Kay Mine Project. The copper-gold-zinc-silver asset is located in Yavapai County on a combination of private land and BLM claims. “Arizona Metals prides itself on having unique features that distinguish the company in the market. The first quality is the Kay Mine Project’s grade and width. Next, it’s the mine’s polymetallic nature, which, at these grades and widths, gives the potential for significant metal output with a low footprint. This also…

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WednesdayJan 11, 2023 11:10 am

NetworkNewsBreaks – Correlate Infrastructure Partners Inc. (CIPI) Partnering to Support Corporate Renewables Program, Help Decarbonize Supply Chain

Correlate Infrastructure Partners (OTCQB: CIPI), a tech-enabled distributed energy solutions company, works as a platform for helping businesses in the commercial real estate industry acquire solutions for solar, cogeneration, energy storage, and electric vehicle infrastructure to improve their environmental, social and governance (“ESG”) position. “In working with global stored energy solutions leader EnerSys(R) (NYSE: ENS) on improving its carbon footprint at its Pennsylvania headquarters, Correlate Infrastructure Partners is reporting ‘officially one of the largest behind-the-meter solar installations in the United States.’ … EnerSys supports the global community with products to meet the need for efficient and affordable distribution of goods,…

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