May 2023 - Page 14 of 19

WednesdayMay 10, 2023 1:00 pm

QualityStocksNewsBreaks – SideChannel Inc. (SDCH) Releases Financial Report, Shows 30.9% YOY

SideChannel (OTCQB: SDCH), a provider of cybersecurity services and technology to emerging and middle market companies, is reporting its financial results for the three months and six months ended March 31, 2023. Highlights of the report show $1.6 million revenue an increase of 30.9% from Q2 2022; 4.6% sequential quarter growth; gross margin of 45.6%; net loss of $0.9 million or $0.01 per share; and $5.7 million trailing 12-month revenue; Other notable figures include 83% revenue retention for the 12-month period ended March 31, 2023, and new-client contracts representing $2 million potential annual revenue. As of March 31, the company reported…

WednesdayMay 10, 2023 10:30 am

2023 Alternative Products Expo, Medellin, to Network and Expand Your Business in a Single Comprehensive Event

Professionals, retailers, distributors, and enthusiasts are invited to attend the one-of-a-kind Alternative Products Expo to be held in Medellin, Colombia, from May 20-21, 2023. It’s a uniquely all-inclusive event that brings together the multi-billion-dollar alternative products industry into one comprehensive setting. Every mainstream product has an alternative counterpart. The Alternative Products Expo is the one-stop destination to meet the prominent counterculture manufacturers and take advantage of the latest innovations and trends, show discounts, and network in the industry. By bringing the alternative community together, the expo seeks to provide industry professionals with a unique and immersive opportunity for business expansion…

WednesdayMay 10, 2023 9:45 am

Fintech Ecosystem Development Corp. (NASDAQ: FEXD) is Leveraging Its Management Team’s Extensive Fintech Experience to Identify Combination Targets, Expanding Services into Promising Markets

FinTech Ecosystem Development Corp. is a SPAC whose goal is to identify and engage in business combinations with businesses that have developed or are developing technology that enables communities and companies to store and transfer money The company is targeting developing countries, particularly those in South Asia, a region where vast sections of the population are underbanked or unbanked 85FEXD plans to leverage its management’s experience in the Fintech sector to identify high-growth targets primarily operating in South Asia with a high volume of customers and growing demand Experts believe that Asia is a ripe market for financial innovation, given…

WednesdayMay 10, 2023 9:00 am

NextPlat Corp. (NASDAQ: NXPL) Is ‘One to Watch’

NextPlat is led by a highly experienced management team, board of directors and advisors with proven expertise in M&A, finance, e-commerce, media, technology and health care The company operates a state-of-the-art e-commerce platform serving customers in over 195 countries NextPlat recently announced a new e-commerce development program in collaboration with Alibaba’s Tmall Global to provide American businesses easy access to the Chinese consumer market, with plans to expand throughout the Americas Positioned as the e-commerce platform of the future, NextPlat’s system is now being upgraded with Web3 capabilities to seamlessly enable the sale of both tangible and digital assets Its…

TuesdayMay 09, 2023 3:43 pm

QualityStocksNewsBreaks — Cepton Inc. (NASDAQ: CPTN), NVIDIA Collaborating to Integrate Leading Lidar Tech into Driving Simulation Platform

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is collaborating with NVIDIA to incorporate its Vista-X120 Plus lidar into DRIVE Sim, an end-to-end simulation platform built on Omniverse. The company noted that the announcement builds on previous integrations of its automotive lidar models that were used for the development of autonomous driving algorithms, sensors and software. In fact, the announcement noted that Cepton was one of the first lidar companies to showcase a 360-degree-coverage, dual-range lidar simulation; this tech was key in developing near-range blind spot elimination and long-range obstacle detection. The collaboration involves Cepton providing simulated sensor…

TuesdayMay 09, 2023 3:02 pm

QualityStocksNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Announces ‘Significant Milestone’ with Issuance of Patent

Jupiter Wellness (NASDAQ: JUPW), a wellness company focused on hair metabolism and skin therapies, has been issued a patent. The company stated that the patent, No. US 11,628,132, marked “a significant milestone in the development of innovative treatments for androgenetic alopecia, or hair loss. This foundational patent is a crucial component of the company's ongoing pursuit of the vast hair loss market.” According to the announcement, the technology covered by the patent focuses on increasing the efficacy of minoxidil, a widely used hair-loss treatment, used in a novel manner that could have the potential for a breakthrough solution for the…

TuesdayMay 09, 2023 2:46 pm

QualityStocksNewsBreaks – Silo Pharma Inc. (NASDAQ: SILO) Awarded U.S. Patent Protecting Ongoing R&D of Therapeutic for Stress-Induced Affective Disorder and Alzheimer’s Disease

Silo Pharma (NASDAQ: SILO), a developmental stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research, has received a patent from the U.S. Patent and Trademark Office (“USPTO”). Titled “Biomarkers for Efficacy of Prophylactic Treatments Against Stress-Induced Affective Disorders,” the patent claims cover the use of biomarkers in determining the efficacy of SILO’s portfolio drug SPC-15. SPC-15 is a targeted prophylactic treatment that uses ketamine compositions as a key component for treating stress-induced affective disorder or stress-induced psychopathology. According to the announcement, the company owns an option to license specific assets of which the patent forms a part. SPC-15…

TuesdayMay 09, 2023 2:26 pm

QualityStocksNewsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Doses Last Subject in Phase 1, Part B CYB004-E Trial

Cybin (NEO: CYBN) (NYSE American: CYBN), a clinical-stage biopharmaceutical company committed to revolutionizing mental healthcare by developing new and innovative psychedelic-based treatment options, has completed dosing in part b of its three-part CYB004-E phase 1 trial. The study is designed to evaluate intravenous N,N-dimethyltryptamine (“IV DMT”) in healthy volunteers. The company also announced that it now plans to move forward with part C of the study, which involves the first-in-human dosing of its proprietary DMT molecule CYB004 and will evaluate IV bolus + infusion regimens of CYB004 in a crossover design. The company expects that findings from both parts of the…

TuesdayMay 09, 2023 1:57 pm

QualityStocksNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Q1 2023 Results

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) yesterday reported its first quarter (Q1) results for the period ended March 31, 2023. “This quarter we completed a series of large financing transactions involving shares of our McEwen Copper subsidiary, which has increased the market value attributable to our copper business to $550 million (for 100%) from $257 million at the conclusion of the prior financing round in August 2022. As 52% owner, McEwen Mining shareholders are benefitting from this value accretion, which validates the strategy we set out in July 2021 to surface value from Los Azules by funding it independently,”…

TuesdayMay 09, 2023 12:43 pm

QualityStocksNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Participation at Upcoming Needham Technology & Media Conference

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, and the only provider building both annealing and gate-model quantum computers, today announced that Dr. Alan Baratz, CEO, and John Markovich, CFO, will present at the 18th Annual Needham Technology & Media Conference in New York City at 11 a.m. ET on Wednesday, May 17. Interested parties should visit https://ibn.fm/fAibm to register and listen to the investor presentation live via webcast. In addition, the archived webcast will be available on D-Wave’s Investor Relations page following the event. To view the full press release, visit https://ibn.fm/FpkpH About D-Wave Quantum…

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Month: May 2023