NetworkNewsBreaks

WednesdayAug 10, 2022 3:13 pm

NetworkNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Leveraging First-Mover Advantage, Relationships for Strong Footing in Chinese Market

FingerMotion (NASDAQ: FNGR) is positioned for opportunity with a first-mover status in payments processing and consumer data analysis in China. “The company’s big data product, known as Sapientus, has thus far focused on providing predictive services for the reinsurance market as insurance companies seek to establish a system for risk assessment in the country, and FingerMotion expects it to become a big revenue driver within the next couple of years,” reads a recent article. “We’ve had our actuaries, our data scientists working for about two to three years now in building up that wealth of information, so that we’re way…

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WednesdayAug 10, 2022 3:02 pm

NetworkNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Increasing Presence on Revolutionary Lightning Network

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF) has launched 17 active nodes on the Bitcoin Lightning Network, spanning multiple countries to facilitate faster transactions with lower fees. “The first node (US-West) was launched in November 2021, around the same time the company launched its platform-as-a-service (‘PaaS’) offering, lqwd.tech. LQwD’s PaaS solution allows users worldwide to send and receive Bitcoin on the Lightning Network instantly, securely and inexpensively. The company expects the Lightning Network to be a force for global change and the monetary exchange of the future … with this expectation, it has invested its own Bitcoin assets into the Lightning…

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WednesdayAug 10, 2022 2:47 pm

NetworkNewsBreaks – LeddarTech(R) to Demonstrate LeddarVision(TM) Solution at Upcoming Events in the US and China

LeddarTech(R), a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, today announced a series of events in the United States and China focused on demonstrating its newest technology, LeddarVision(TM). LeddarTech utilizes raw data fusion to detect very small obstacles on the road with better detection rates and fewer false alarms than legacy “object fusion” solutions. Unclassified obstacles are also detected, providing an additional layer of safety to the vehicle. LeddarVision is a flexible, robust, cost-effective, sensor-agnostic and scalable auto-grade solution that delivers highly accurate 3D environmental models. The software additionally supports all SAE…

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WednesdayAug 10, 2022 1:39 pm

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Schedules Release of 2Q Fiscal 2022 Results, Earnings Call

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services and the only company building both quantum annealing and gate-based quantum computers, has announced that it will release its financial results for the second quarter ended June 30, 2022. The results will be announced after market close on Tuesday, Aug. 16, 2022, via press release, to be available on the D-Wave Investor Relations website. In conjunction with the announcement, D-Wave will host a conference call at 4:30 p.m. ET on Aug. 16, where its Chief Executive Officer Alan Baratz and Chief Financial Officer John Markovich will discuss the…

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WednesdayAug 10, 2022 1:30 pm

NetworkNewsBreaks – Pono Capital Two Inc. (NASDAQ: PTWOU) Closes $115M IPO

Pono Capital Two (NASDAQ: PTWOU) has announced the closing of its initial public offering of 10,000,000 units, each at a price of $10.00, including 1,500,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option. The units are listed on the Nasdaq Global Market and began trading under the ticker symbol PTWOU on Aug. 5, 2022. Each unit consists of one share of Class A common stock and one redeemable warrant. Each warrant entitles the holder to purchase one share of Class A common stock at a price of $11.50 per share. Once the securities comprising…

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WednesdayAug 10, 2022 1:20 pm

NetworkNewsBreaks – Ontrak Inc. (NASDAQ: OTRK) Closes on $4M Direct Offering

Ontrak (NASDAQ: OTRK), a leading artificial intelligence and telehealth-enabled healthcare company, has closed its previously announced registered direct offering for $4 million. The offering was with institutional investors and involved the purchase and sale of shares of the company’s common stock at $0.80 per share. According to the announcement, the per-share purchase price was at-the-market in accordance with Nasdaq rules. Roth Capital Partners acted as sole placement agent for the offering To view the full press release, visit https://nnw.fm/rkcWz About Ontrak Inc. Ontrak is a leading artificial intelligence and telehealth-enabled healthcare company whose mission is to help improve the health…

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WednesdayAug 10, 2022 1:17 pm

NetworkNewsBreaks – Coinbase Global Inc. (NASDAQ: COIN) Issues Q2 2022 Shareholder Letter

Coinbase Global Inc. (NASDAQ: COIN) has announced the release of its second quarter 2022 shareholder letter. The letter, including the company’s financial results, is available on Coinbase’s Investor Relations website. The company also held a question-and-answer session to discuss its second quarter 2022 financial results on Tuesday, August 9, 2022. A replay of the call and transcript is available on the company’s Investor Relations website. To view the full press release, visit https://nnw.fm/myguu About Coinbase Global Inc. Coinbase is building the cryptoeconomy – a more fair, accessible, efficient, and transparent financial system enabled by crypto. The company started in 2012…

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WednesdayAug 10, 2022 1:12 pm

NetworkNewsBreaks – Playgon Games Inc. (TSX.V: DEAL) (OTCQB: PLGNF) (FSE: 7CR) Shares Milestone Update

Playgon Games (TSX.V: DEAL) (OTCQB: PLGNF) (FSE: 7CR), a propriety SaaS technology company delivering mobile live-dealer technology to online gaming operators globally, is updating information regarding its recent milestone release. The company is reporting that during the first week of August, daily wagering turnover (handle) increased by 30% as compared to the average daily wagering last month. That upward trend is expected to continue with recent core integrations coming online and additional key account integrations being finalized; the company also anticipates accelerated growth in turnover and player activity, all of which will contribute to continued revenue growth. “With a number…

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WednesdayAug 10, 2022 12:58 pm

NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Launches Pre-Sale Orders for Green Ammonia Production System

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) has announced that, starting today, it is accepting pre-sale orders for its onsite, containerized green ammonia production systems. The company has launched a new web page (www.FuelPositive.com/pre-sales), providing an explanation of what to expect and a dedicated email address to start the sales process. Initial customers are expected to be farmers, who will use FuelPositive’s production systems to manufacture green ammonia to be used as fertilizer and ultimately to power machinery, such as tractors and other vehicles, generators and grain drying systems. “We consider opening for pre-sale orders to be an important step in our…

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WednesdayAug 10, 2022 12:36 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Receives Positive FDA Feedback Concerning Opening IND Program

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced its receipt of a positive full written response from the Food and Drug Administration (“FDA”) from its pre-Investigational New Drug (“Pre-IND”) meeting regarding DehydraTECH-CBD for the treatment of hypertension. According to the update, the FDA confirmed agreement with Lexaria’s proposal to pursue a 505(b)(2) new drug application (“NDA”) regulatory pathway for its program. This is advantageous because the abbreviated pathway, as it is often described, typically enables a faster route to commercial approval than the traditional 505(b)(1) NDA pathway. “We are very pleased to have received…

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