NetworkNewsBreaks Archive - Page 757 of 1741

ThursdayApr 01, 2021 12:29 pm

NetworkNewsBreaks – Splash Beverage Group Inc. (SBEV) Broadens Product Portfolio Through Strategic Acquisition

Splash Beverage Group (OTCQB: SBEV), a portfolio company of successful beverage brands, released its annual report through a Form 10-K filing with the SEC on March 8, 2021, in which it made several announcements. Among these, the company reported the completion of an asset purchase agreement with Copa di Vino Corporation. Copa di Vino is “a leading producer of premium wine by the glass, based in The Dalles, Oregon,” describes an article discussing the various updates contained in the annual report. The acquisition will “further the company’s alcoholic beverage portfolio. SBEV agreed to purchase certain assets and assume certain liabilities…

ThursdayApr 01, 2021 12:24 pm

NetworkNewsBreaks – AzurRx BioPharma Inc. (NASDAQ: AZRX) Announces Key Results from Phase 2b OPTION 2 Clinical Trial

AzurRx BioPharma (NASDAQ: AZRX), a clinical stage biopharmaceutical company specializing in the development of targeted, nonsystemic therapies for gastrointestinal (“GI”) diseases, has shared key takeaways from its topline results on its Phase 2b OPTION 2 clinical trial. The trial studied AzurRx’s drug candidate MS1819 in the treatment of cystic fibrosis (“CF”) patients with exocrine pancreatic insufficiency (“EPI”). MS1819 is a recombinant lipase enzyme for the treatment of exocrine pancreatic insufficiency associated with cystic fibrosis and chronic pancreatitis. The trial results were shared during a March 31, 2021, conference call hosted by AzurRx president, CEO and chair James Sapirstein and AzurRx chief medical…

ThursdayApr 01, 2021 12:12 pm

NetworkNewsBreaks – Friendable Inc. (FDBL) Eyes Convergence of Advancements, Open Door to Additional Opportunities

Friendable (OTC: FDBL), a mobile technology and marketing company that leverages proprietary applications to connect and engage users, has experienced exponential and consistent growth since launching its platform for fans to gain exclusive access to the artists they love. “I am happy to report that Fan Pass is being embraced on all fronts in more ways than I could have imagined,” stated Friendable’s CEO Robert A. Rositano Jr. in a recent article discussing the popular platform. “An active community breeds additional activity, content growth and fan engagement, which all feed the subscription revenue model, artist ticket/event sales and overall merchandise…

ThursdayApr 01, 2021 11:57 am

NetworkNewsBreaks – Why DGTL Holdings Inc. (TSXV: DGTL) (OTCQB: DGTHF) (FSE: A2QB0L) Is ‘One to Watch’

DGTL Holdings (TSXV: DGTL) (OTCQB: DGTHF) (FSE: A2QB0L), a venture capital asset management company, is focused on acquiring and accelerating disruptive digital media, marketing technology (“martech”) and advertising technology (“adtech”) powered by artificial intelligence (“AI”). Through a blend of unique capitalization structures, DGTL (Digital Growth Technologies and Licensing) specializes in the acceleration of fully commercialized B2B enterprise-level software-as-a-service (“SaaS”) businesses. “Through its acquisition and accelerator program, DGTL provides the tools, talent, technology, networks, capital and customer markets required to elevate and integrate digital media businesses – promoting a sustainable growth curve while supporting strategic business outcomes,” reads a recent article…

ThursdayApr 01, 2021 11:50 am

NetworkNewsBreaks – Healthtech Solutions Inc. (HLTT) Announces Plans to Acquire Precision Oncology Company

Healthtech Solutions (OTC: HLTT) has signed a contract to acquire a wholly owned subsidiary, Healthtech Oncology Inc., which will subsequently own a 100% interest in Varian Biopharmaceuticals Inc., a precision oncology company. Varian Bio is developing novel therapeutics for the treatment of cancer, including a proprietary atypical protein kinase C iota (“aPKCi”) inhibitor. Varian Bio’ has two lead drug candidates: VAR-101 (“VAR-101”) and VAR-102 (“VAR-102”); both drug candidates are in the pre-clinical research stage of development. HLTT’s investment in Varian aligns with its commitment to acquire and invest in cutting-edge healthcare technological companies. Precision oncology, which is when researchers and…

ThursdayApr 01, 2021 11:26 am

NetworkNewsBreaks – Net Element (NASDAQ: NETE) Releases 2020 Financial Report, Updates on Merger Status

Net Element (NASDAQ: NETE), a financial technology company in the process of becoming a pure-play electric vehicle (“EV”) manufacturer through a pending definitive agreement with privately held Mullen Technologies Inc., has released its financial report for the calendar year ended Dec. 31, 2020. In the report, the company noted a net loss of an estimated $5.9 million for fiscal year 2020 as compared to a net loss of some $6.5 million for fiscal year 2019. Gross margin for FY 2020 was approximately $9.8 million, or 15.0% of net revenue, as compared to approximately $10.3 million, or 15.8% of net revenue,…

ThursdayApr 01, 2021 11:11 am

NetworkNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Releases FY 2020 Financial Report

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles (“EVs”) and associated energy consumption, has reported its full-year 2020 revenues and operational milestones for the year ended Dec. 31, 2020. Highlights of the report indicate that the company’s revenues for the year totaled $26.8 million, resulting in sufficient resources to support IDEX’s strategic long-term growth plan. The report also noted Ideanomics’s continued strength and consistent performance in the EV industry as the company’s Sales 2 Financing 2 Charging (“S2F2C”) business model gains traction in the electric vehicle sector. The financial report also indicated that…

ThursdayApr 01, 2021 10:35 am

NetworkNewsBreaks – LexaGene Holdings Inc. (TSX.V: LXG) (OTCQB: LXXGF) Reports Update in Shareholder Letter

LexaGene Holdings (TSX.V: LXG) (OTCQB: LXXGF), a molecular diagnostics company that develops fully automated rapid pathogen detection systems, has provided a corporate update in a shareholder letter from LexaGene CEO and founder Dr. Jack Regan. In the letter, Regan reported that the company had crossed a major milestone by securing a sales contract in both the drug and vaccine manufacturing market and in the veterinary medicine space; both sales were the result of successful technology demonstrations, the letter noted. The company has also focused on ensuring consistency in microfluidic operations across MiQLab(TM) systems, Regan observed, noting that expectations have now been…

ThursdayApr 01, 2021 10:33 am

NetworkNewsBreaks – Trident Acquisitions Corp.’s (NASDAQ: TDAC) Pending Business Combination Partner, Lottery.com, Appoints Chief Legal Officer

Trident Acquisitions (NASDAQ: TDAC, TDACU, TDACW), a special purpose acquisition company, previously announced its entry into a definitive agreement with AutoLotto Inc., a leading online platform to play the lottery online. The agreement allows Lottery.com to become a publicly listed company. Lottery.com today announced its appointment of Katie Lever as the company’s first chief legal officer. Lever will be further supported by gaming compliance experts on the board of advisors, Mark Lipparelli and Ron Hopkinson. The company will leverage the combined legal and compliance expertise of these industry professionals to continue expansion efforts and build the future of digital gaming.…

ThursdayApr 01, 2021 10:03 am

NetworkNewsBreaks – Amesite Inc. (NASDAQ: AMST) Launches Best-in-Class, AI-Driven Online Learning Platform – Warrior TechSource

Amesite (NASDAQ: AMST), an artificial intelligence software company providing the most advanced (“AI”)-powered online learning ecosystems for business and higher education, together with Wayne State University, Michigan's third-largest institution of higher learning, today announced the launch of Warrior TechSource. The dedicated online learning platform, for which Amesite developed both the content and the delivery platform for Wayne State, is designed for professionals in automotive engineering and other tech industries. Warrior TechSource courses are available to 30,000 Wayne State engineering alumni as well as the hundreds of thousands of professionals that work in the automotive engineering industry. "I believe there are…

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