InvestorNewsBreaks

Thursday Dec 19, 2024 - 9:35 am

InvestorNewsBreaks – Clene Inc. (NASDAQ: CLNN) Secures $10 Million Debt Facility to Advance Neurodegenerative Disease Treatments

Clene (NASDAQ: CLNN) has announced a $10 million debt facility with three affiliated entities, set to close by December 20, 2024. The 18-month secured, partially convertible note carries a 12% fixed interest rate, with an interest-only period for the first year. Sixty-five percent of the note is convertible into common stock at $5.67 per share, a 130% premium over the stock’s signing day closing price. Proceeds…

Thursday Dec 19, 2024 - 8:45 am

InvestorNewsBreaks – Turbo Energy S.A. (NASDAQ: TURB) Shareholders Approve Key Proposals at Extraordinary General Meeting

Turbo Energy (NASDAQ: TURB), a global leader in AI-optimized solar energy storage solutions, announced the results of its Extraordinary General Meeting held on Dec. 18, 2024, in Valencia, Spain. Representing 92.80% of issued and outstanding shares, shareholders approved several measures, including the expansion of the board to eight members with the appointment of Julian Groves as an executive director and the ratification of Deloitte as the…

Thursday Dec 19, 2024 - 8:30 am

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) to Present at Goldman Sachs Energy Conference

Uranium Energy (NYSE American: UEC) announced that CEO Amir Adnani and Executive Vice President Scott Melbye will attend the Goldman Sachs Energy, CleanTech & Utilities Conference on Jan. 8-9, 2025. Adnani will participate in a fireside chat on January 8 at 2:20 p.m. ET to discuss UEC's strategic vision and the growing demand for U.S.-based uranium production. The management team will also hold one-on-one meetings…

Thursday Dec 19, 2024 - 8:15 am

InvestorNewsBreaks – Gaxos.ai Inc. (NASDAQ: GXAI) Announces $5 Million Direct Offering and Private Placement of Warrants

Gaxos.ai (NASDAQ: GXAI) has entered into agreements for a $5 million registered direct offering of 1,449,277 shares of its common stock at $3.45 per share, alongside a private placement of unregistered warrants to purchase an equal number of shares at $3.32 per share. The warrants, exercisable immediately and expiring in three years, were issued under Section 4(a)(2) of the Securities Act. H.C. Wainwright & Co.…

Wednesday Dec 18, 2024 - 2:54 pm

InvestorNewsBreaks – Lantern Pharma Inc. (LTRN) Expands HARMONIC™ Trial to Asia with First Patient Dosed in Taiwan

Lantern Pharma (LTRN) has enrolled and dosed its first patient in Taiwan for the Phase 2 HARMONIC™ trial evaluating LP-300 in never-smokers with non-small cell lung cancer (“NSCLC”) who have relapsed after tyrosine kinase inhibitor (“TKI”) treatment. This expansion into Asia addresses the region's higher prevalence of never-smoker NSCLC cases, with Taiwan being a key area as over half of lung cancer diagnoses there occur…

Wednesday Dec 18, 2024 - 2:28 pm

InvestorNewsBreaks – Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) Complements Efforts to Advance Parbec Through Key Initiatives

Renforth Resources (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR), an active mineral-exploration company, is engaged in the exploration and development of the company’s wholly owned multicommodity mineral properties in Canada. Renforth previously announced its efforts to advance the knowledge of the Parbec project through several initiatives, including stripping permits and a comprehensive geochemical analysis program. “The company noted that the permit program was designed to complement…

Wednesday Dec 18, 2024 - 1:28 pm

InvestorNewsBreaks – Why Thumzup Media Corp. (NASDAQ: TZUP) Is ‘One to Watch’

Thumzup (NASDAQ: TZUP) is at the forefront of modernizing the marketing industry with its unique platform designed to connect advertisers directly with everyday social media users. “The company’s mission is to empower individuals by turning their authentic social media activity into a monetizable asset while providing brands with cost-effective and impactful advertising solutions,” reads a recent article. “Through its flagship Thumzup platform, the company offers…

Wednesday Dec 18, 2024 - 12:48 pm

InvestorNewsBreaks – Kairos Pharma, Ltd. (NYSE: KAPA) Receives ‘Buy’ Recommendation, $12.00 Price Target in Rodman & Renshaw Research Report

Kairos Pharma (NYSE American: KAPA), a clinical-stage biopharmaceutical company focused on advancing innovative oncology therapeutics, is spotlighted today in a Rodman & Renshaw, LLC report that initiated coverage with a buy rating and a price target of $12.00 per share. Based in New York City, Rodman & Renshaw is a full-service investment bank with a heritage spanning over 70 years. In the 40+ page report,…

Wednesday Dec 18, 2024 - 12:05 pm

InvestorNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Financial Overview and Instagram’s Impact

Meta (NASDAQ: META) is a leading technology company known for its social media platforms, including Facebook and Instagram. Instagram, in particular, is expected to play a crucial role in Meta’s future revenue streams. According to a report by Emarketer, Instagram is projected to generate more than half of Meta’s advertising revenue in the United States by 2025. This growth is driven by Instagram’s enhanced monetization…

Wednesday Dec 18, 2024 - 11:47 am

InvestorNewsBreaks – Massimo Group (NASDAQ: MAMO) Unveils HVAC-Equipped Electric Golf and Utility Carts

Massimo (NASDAQ: MAMO) has launched the MVR HVAC Golf Cart and MVR HVAC Utility Carts, featuring fully enclosed cabs with heating and air conditioning for all-weather comfort. These electric carts include advanced features like a 48V 5kW motor, up to 45-mile range, marine-grade vinyl seats, and LED lighting. The utility model adds a heavy-duty dump bed for commercial applications such as farming and groundskeeping. CEO…

Wednesday Dec 18, 2024 - 9:49 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Reports $5.5M in EV Sales and Significant Cost Reductions

Mullen Automotive (NASDAQ: MULN) announced sales of 100 Class 1 and Class 3 electric cargo vans and trucks since Sept. 30, 2024, generating $5.5 million in revenue. The company has also reduced its monthly burn rate from $16.8 million in August to $5.3 million in October and November. CEO David Michery highlighted growing demand for sustainable transportation solutions and ongoing discussions with government agencies and…

Wednesday Dec 18, 2024 - 9:36 am

InvestorNewsBreaks – TC BioPharm Holdings PLC (NASDAQ: TCBP) Announces Special Dividend for Shareholders Amid Ongoing Support

TC BioPharm (NASDAQ: TCBP) has announced a special dividend of 0.25 American Depositary Shares (“ADSs”) for every 1 ADS held, subject to shareholder approval. The decision will be discussed during a General Meeting on December 30, 2024, in Scotland, with the dividend payable to shareholders holding stock at market close on January 2, 2025. CEO Bryan Kobel highlighted the dividend as a reward for shareholder…

Wednesday Dec 18, 2024 - 9:23 am

InvestorNewsBreaks – Greenwave Technology Solutions Inc. (NASDAQ: GWAV) Accelerates Rare-Earth Metal Recovery Amid Rising Global Demand

Greenwave Technology Solutions (NASDAQ: GWAV), a prominent metal recycler, announced the expansion of its rare-earth metal recovery operations, targeting high-demand materials like gallium, germanium, and antimony. Prompted by China's export ban on these critical resources, Greenwave has fast-tracked its proprietary recycling technologies, leveraging its strategic location near the Port of Virginia to source premium scrap from defense and industrial sectors. The company anticipates significant revenue growth…

Wednesday Dec 18, 2024 - 8:25 am

InvestorNewsBreaks – Silo Pharma Inc. (NASDAQ: SILO) Advances Ketamine Implant Development with Pharmacokinetic Study

Silo Pharma (NASDAQ: SILO), a biopharmaceutical company developing innovative therapeutics, has initiated a pharmacokinetic (“PK”) and tolerability study for its dissolvable ketamine-based implant, SP-26, in collaboration with AmplifyBio. The study will evaluate SP-26, aimed at treating chronic pain and fibromyalgia, in a minipig model over three weeks, focusing on absorption, distribution, metabolism, and excretion (“ADME”). Silo CEO Eric Weisblum highlighted the progress made through earlier…

Tuesday Dec 17, 2024 - 2:41 pm

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Closes $3.6M Registered Direct

Flora (NASDAQ: FLGC) has closed a registered direct offering to institutional investors for the aggregate purchase and sale of approximately $3.6 million of Common Shares, each at a price of $1.25. Flora announced approximately $3.6 million in expected aggregate gross proceeds from the offering, of which it intends to use the net, together with existing cash, for general corporate purposes and working capital. Aegis Capital…

Tuesday Dec 17, 2024 - 1:43 pm

InvestorNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Delivering End-to-End Solution for EM Programs

SuperCom (NASDAQ: SPCB) is an electronic monitoring (“EM”) innovator bringing advanced technology and monitoring services to government clients for increased use in supervised-release programs. The company’s president and CEO, Ordan Trabelsi, outlined SuperCom’s services and critical benefits during a recent investor presentation at the annual LD Micro Invitational. During the event, Trabelsi explained the competitive edge of the company’s GPS-enabled PureSecurity platform, among a narrow…

Tuesday Dec 17, 2024 - 1:15 pm

InvestorNewsBreaks – Insights from Morgan McGarvey’s Trade in Trump Media & Technology Group Corp. (NASDAQ: DJT) Stock

Democratic Representative Morgan McGarvey recently made headlines with a trade involving Trump Media & Technology Group (NASDAQ: DJT), a company linked to President-elect Donald Trump. The trade occurred on Nov. 6, 2024, just after the presidential election, and was valued between $1,001 and $15,000. This timing was notable as it coincided with provisional results indicating Trump’s re-election. McGarvey, known for opposing Trump’s policies, claimed the…

Tuesday Dec 17, 2024 - 11:22 am

InvestorNewsBreaks – Aegis Capital Corp. Acts Sole Bookrunner on $8.4M Underwritten Public Offering for Sacks Parente Golf Inc. (NASDAQ: SPGC)

Aegis Capital has been in the wealth management and investment banking business since 1984 and is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis announced that it acted as the sole book-running manager on a $8.4 million underwritten public offering for Sacks Parente Golf (NASDAQ: SPGC). To view the full press release,…

Tuesday Dec 17, 2024 - 10:55 am

InvestorNewsBreaks – The Coretec Group Inc. (CRTG) Gains Spotlight on NetworkNewsAudio Following Transformative Acquisition

The Coretec Group (OTCQB: CRTG) has been prominently featured in a NetworkNewsAudio (“NNA”) broadcast, which highlights the company’s acquisition of a controlling stake in KIB Plug Energy Co., Ltd., a KOSPI-listed South Korean enterprise. NNA, a leading platform for delivering visibility and brand awareness to the investment community, underscores the significance of this acquisition as Coretec advances its position in the global energy and technology…

Tuesday Dec 17, 2024 - 9:47 am

InvestorNewsBreaks – SKYX Platforms Corp. (NASDAQ: SKYX) Collaborates with JIT Electrical to Expand Smart Home Technology in 2025

SKYX Platforms (NASDAQ: SKYX) announced a collaboration with JIT Electrical Supply, a leading supplier to the building and professional industries, to drive the adoption of SKYX’s advanced smart technologies in early 2025. The partnership aims to enhance SKYX’s presence in the builder and professional markets by delivering plug-and-play solutions that improve safety, save time and costs, and add smart home capabilities. JIT CEO Bob Hill…

Tuesday Dec 17, 2024 - 9:39 am

InvestorNewsBreaks – NextPlat Corp (NASDAQ: NXPL) Launches $2 Million Share Repurchase Program Amid Record Revenue Growth

NextPlat (NASDAQ: NXPL, NXPLW) announced its Board of Directors has approved a share repurchase program of up to $2 million in outstanding common stock. The timing and execution of repurchases will be at the Company's discretion, with flexibility to utilize open market or privately negotiated transactions. NextPlat expects to achieve record 2024 annual revenue exceeding $63 million, a 70% increase over 2023, driven by growth…

Tuesday Dec 17, 2024 - 9:33 am

InvestorNewsBreaks – Greenwave Technology Solutions Inc. (NASDAQ: GWAV) Strengthens Financials and Secures Strategic Contracts Ahead of 2025

Greenwave Technology Solutions (NASDAQ: GWAV) reported significant improvements in its financial position, reducing liabilities by 64% and growing current assets by 635% from December 2023 to September 2024. The company secured substantial government contracts, including one valued at $15–$35 million tied to Hurricane Helene recovery and another for recycling 550,000 pounds of non-ferrous metal. Greenwave stands to benefit from increased domestic demand for recycled metals, supported…

Tuesday Dec 17, 2024 - 8:20 am

InvestorNewsBreaks – Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) Advances Non-Opioid Fibromyalgia Treatment with FDA NDA Acceptance

Tonix Pharmaceuticals (NASDAQ: TNXP) announced that the U.S. FDA has accepted its New Drug Application (“NDA”) for TNX-102 SL, a 5.6 mg non-opioid analgesic for managing fibromyalgia, following its Fast Track designation in July 2024. The NDA is supported by two successful Phase 3 trials, RELIEF and RESILIENT, where TNX-102 SL met its primary endpoint of significantly reducing daily pain compared to placebo. The drug…

Monday Dec 16, 2024 - 3:53 pm

InvestorNewsBreaks – zSpace Inc. (NASDAQ: ZSPC) Secures $10.8M in IPO

zSpace (NASDAQ: ZSPC) recently closed on its firm commitment initial public offering of an aggregate of 2,156,250 shares of its Common Stock, each at a price of $5.00, including the full exercise of the overallotment option. ZSPC secured gross proceeds of approximately $10.8 million. The shares began trading on the Nasdaq Global Market under the ticker symbol ZSPC on Dec. 5, 2024. Roth Capital Partners…

Monday Dec 16, 2024 - 3:05 pm

InvestorNewsBreaks – Analyst Upgrades and Strategic Focus Drive Optimism for PayPal Holdings Inc. (NASDAQ: PYPL)

PayPal (NASDAQ: PYPL) has recently garnered attention following analyst upgrades and strategic initiatives aimed at revitalizing growth. Wolfe Research upgraded PayPal to “Outperform” with a $107 price target, citing the company’s streamlined focus, expense management and shareholder returns as key factors contributing to a positive outlook. Analysts anticipate growth in areas such as branded checkout innovations, Braintree and Venmo monetization, alongside increased debit card adoption…

Monday Dec 16, 2024 - 2:56 pm

InvestorNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Leveraging Innovation to Advance High-Potential Targets

Torr Metals Inc. (TSX.V: TMET) is distinguishing itself in Canada’s mining sector, presenting a compelling case for exploration-focused investors. “Torr Metals has consistently demonstrated its ability to identify and advance high-potential exploration targets through innovation and a systematic approach. At Filion, the application of LiDAR technology and targeted surface sampling has uncovered new high-grade zones, establishing a foundation for inaugural drilling on undrilled gold soil…

Monday Dec 16, 2024 - 1:20 pm

InvestorNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) Eyes Clear Path Forward for Buntanetap

Annovis Bio (NYSE: ANVS) is a late-stage clinical drug platform company pioneering transformative therapies for neurodegenerative diseases, such as Alzheimer’s (“AD”) and Parkinson’s (“PD”). The company concluded the third quarter with the completion of significant milestones and a clear path forward for its lead candidate, buntanetap. “Buntanetap is an innovative drug designed to target neurodegeneration by inhibiting the formation of multiple neurotoxic proteins, including amyloid…

Monday Dec 16, 2024 - 12:50 pm

InvestorNewsBreaks – Kairos Pharma Ltd. (NYSE American: KAPA) to Present Growth Strategy at The Microcap Conference 2025

Kairos Pharma (NYSE American: KAPA) has announced its participation in The Microcap Conference 2025, set for January 28-30 at the Borgata Hotel Spa & Casino in Atlantic City, NJ. The company’s management team will present recent developments, growth strategies, and investment opportunities, while engaging in one-on-one meetings with investors. The Microcap Conference, the largest independent microcap event in the U.S., features keynote speakers, expert panels, and…

Monday Dec 16, 2024 - 11:22 am

InvestorNewsBreaks – Brera Holdings PLC (NASDAQ: BREA) Featured in BBC Sport Article

Brera Holdings (NASDAQ: BREA), a publicly traded company focused on multi-club ownership of international football teams, was featured in a recent BBC Sport article. The publication discusses Chris Gardner, part of Brera’s dynamic team, the depiction of Gardner’s real-life struggle in the blockbuster Hollywood movie, The Pursuit of Happyness, and how a sequel “might just include the 70-year-old American's latest venture into football as part…

Monday Dec 16, 2024 - 11:05 am

InvestorNewsBreaks – CannExpo 2025 to Showcase Innovative Products, Trends in Celebration of All Things Cannabis

CannExpo 2025, Toronto's Cannabis Lifestyle Show, is set to blaze into the Queen Elizabeth Building at Exhibition Place on March 21-22, 2025. The event will bring together enthusiasts, curious newcomers and professionals from the cannabis industry. An eclectic mix of exhibitors will be featured, from cutting-edge growers and innovative product developers to trendsetting accessory makers and wellness experts. The one-stop-shop for discovering the latest and…

Monday Dec 16, 2024 - 10:19 am

InvestorNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Expands CDMO Operations with New U.S. Subsidiary

Scinai Immunotherapeutics (NASDAQ: SCNI) has established a U.S.-based subsidiary, Scinai Bioservices Inc., to enhance its Contract Development and Manufacturing Organization (CDMO) operations and address the growing demand for early-stage biologics development in the U.S. Operating from a cGMP-compliant facility in Jerusalem, Israel, Scinai Bioservices has supported nine biotech companies since its 2024 launch and recently signed its first U.S. customer, Serpin Pharma. The new subsidiary…

Monday Dec 16, 2024 - 9:51 am

InvestorNewsBreaks – Turbo Energy S.A. (NASDAQ: TURB) Reports Resilience Amid Flash Flood Impact in Valencia

Turbo Energy (NASDAQ: TURB) provided an update on the operational and financial effects of the devastating October 2024 flash floods in southeastern Spain. While the company’s headquarters and supply chain remained largely unaffected, its warehouse sustained damage, compromising $2.3 million in legacy product inventory. Turbo Energy confirmed full insurance coverage for the losses, with reimbursement expected within 60-90 days. CEO Mariano Soria expressed gratitude for the…

Monday Dec 16, 2024 - 9:39 am

InvestorNewsBreaks – Bebuzee Inc. (BBUZ) Revolutionizes Content Monetization with Creator-First Super App

Bebuzee (OTC: BBUZ), an all-in-one super app, has launched new revenue-generating features aimed at empowering content creators worldwide. The app integrates multiple platforms, including long-form video monetization, short-form video creation through Shortbuz, blogging with Blogbuz, micro-content sharing via Buzzerfeed, and real estate-focused content. By combining monetization tools, global reach, and multi-platform functionality, Bebuzee offers creators diverse opportunities to showcase their talents, engage audiences, and earn…

Monday Dec 16, 2024 - 9:30 am

InvestorNewsBreaks – SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) (NEO: SUNN) (FSE: GY2) Secures $25.8M Finance Facility

SolarBank (NASDAQ: SUUN) (CSE: SUNN) (NEO: SUNN) (FSE: GY2) announced that its subsidiary has secured the financial closing of a combined project loan in a principal amount of $25.8 million from Royal Bank of Canada. The loan will be used for the construction, operation and maintenance of two 4.99 MW Battery Energy Storage System (“BESS”) projects to be located in Ontario, with project names SFF…

Monday Dec 16, 2024 - 9:21 am

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Completes $175M Equity Offering, Strengthening Financial Position

D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, announced the successful completion of $175 million in gross proceeds from its $100 million and $75 million "at-the-market" equity offering programs. The $75 million program, initiated on December 9, closed at an average price of $4.8149 per share, with D-Wave stock trading…

Monday Dec 16, 2024 - 9:10 am

InvestorNewsBreaks – HeartBeam Inc. (NASDAQ: BEAT) Secures FDA Clearance for Innovative Arrhythmia Assessment Device

HeartBeam (NASDAQ: BEAT) has received FDA 510(k) clearance for its groundbreaking HeartBeam system, a credit card-sized, cable-free ECG device designed for comprehensive arrhythmia assessment. The system enables patients to record high-fidelity heart signals from three directions during symptoms, with data transmitted to physicians for timely review and action. This milestone marks the first FDA-cleared device of its kind and lays the foundation for future advancements,…

Monday Dec 16, 2024 - 8:20 am

InvestorNewsBreaks – Oragenics Inc. (NYSE American: OGEN) Streamlines Capital Structure with Preferred Stock Conversion

Oragenics (NYSE American: OGEN) has converted its remaining Series A and Series B Preferred Shares into common stock, simplifying its capital structure and eliminating approximately $2.35 million in liquidation preference. The conversion retired 5,417,000 Series A and 4,050,000 Series B Preferred Shares, resulting in the issuance of roughly 22,000 common shares. CFO Janet Huffman emphasized that this move removes a significant stock overhang, strengthens the…

Monday Dec 16, 2024 - 8:00 am

InvestorNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Advances Exploration at Storm and Epworth Projects in Nunavut

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) provided updates on its 2024 exploration activities at the Storm Copper and Epworth Projects in Nunavut. At Storm, 22,475 meters of drilling confirmed consistent copper grades and identified new targets, with a maiden resource and development study expected in early 2025. At Epworth, Aston Bay expanded its claims by 11,900 hectares, conducted extensive geophysical surveys, and plans to release…

Friday Dec 13, 2024 - 2:57 pm

InvestorNewsBreaks – Jackson Acquisition Company II (NYSE: JACS.U) Announces Closing of IPO

Jackson Acquisition Company (NYSE: JACS.U) has closed its initial public offering of 23,000,000 units at $10.00 per unit. According to the announcement, the offering size reflects the full exercise of the underwriter’s over-allotment option. The units began trading on the New York Stock Exchange under the ticker symbol JACS.U on Dec. 10, 2024. Each unit consists of one Class A ordinary share and one right…

Friday Dec 13, 2024 - 2:49 pm

InvestorNewsBreaks – Quantum Computing Inc. (NASDAQ: QUBT) Announces Concurrent Offerings

Quantum Computing (NASDAQ: QUBT) (“QCi”), an innovative, integrated photonics and quantum optics technology company, recently announced its entry into securities purchase agreements with institutional investors for the purchase and sale of 1,540,000 shares of common stock, each at a price of $5.00, pursuant to a registered direct offering. In a concurrent private placement, the company entered into securities purchase agreements for the purchase and sale…

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