TuesdaySep 19, 2023 1:35 pm

QualityStocksNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces Upward Revision of Price Target from Ascendiant Capital Markets

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, was spotlighted in a recent Ascendiant Capital Markets LLC research and analysis report. In the report, Ascendiant maintained a buy rating and revised its price target upward to $3.75 per share from $3.50 per share. “We are maintaining our BUY rating but raising our 12-month price target to $3.75 from $3.50, based on a NPV analysis, representing significant upside from the current share price,” the Ascendiant report stated. “We believe this valuation appropriately balances out the company’s high risks with its high growth…

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TuesdaySep 19, 2023 1:05 pm

QualityStocksNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Receives IRS Approval as ‘Qualified Manufacturer,’ Qualifies for Federal EV Tax Credit

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has received approval from the IRS for its “qualified manufacturer” designation. The designation means the company qualifies for commercial EV federal tax credits of up to $7,500 per qualified vehicle with gross vehicle weight ratings (“GVWRs”) of under 14,000 pounds. According to the announcement, both the Mullen ONE, a class 1 EV Cargo Van, and the Mullen THREE, a class 3 EV Cab Chassis Truck, meet the qualifications and are approved for the tax credits. The announcement also noted that, according to IRS regulation, vehicles with gross vehicle weight ratings of more…

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TuesdaySep 19, 2023 12:47 pm

QualityStocksNewsBreaks – GEMXX Corp. (GEMZ) Announces 2nd Gold Production from Snow Creek Mine Site

GEMXX (OTC: GEMZ), a leader in the ammolite gemstone mine-to-market segment and a partner in Canadian gold exploration, in collaboration with Crazy Horse Mining Inc. (“CHMI”), today announced successful completion of its second clean-out and recording of gold production at the Snow Creek site for the 2023 mining season. In partnership with CHMI, GEMXX has processed 18,000 cubic yards of gold-bearing ore at its Snow Creek mine. According to the update, production results have exceeded expectations, yielding 172.30 ounces of gold from 18,000 cubic yards of material, amounting to 0.96 ounces per 100 cubic yards. “Gold production from the Snow…

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TuesdaySep 19, 2023 12:34 pm

QualityStocksNewsBreaks – Correlate Energy Corp. (CIPI) Appoints Industry Veteran as VP of Finance

Correlate (OTCQB: CIPI), a growth-oriented distributed energy company, today announced its appointment of Johan Themaat as the vice president of finance, effective Sept. 1, 2023. Themaat brings a wealth of experience in leadership, strategy and finance across the broader energy industry. With a background spanning several prominent companies, including Mission Energy, NGL Energy Partners and the Royal Bank of Scotland, Johan has demonstrated his expertise in leading teams through acquisitions, capital raises and project development ranging from $1 million to over $250 million. His experience across energy infrastructure perfectly aligns with Correlate’s commitment to advancing sustainable solutions. “We are thrilled…

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TuesdaySep 19, 2023 10:28 am

QualityStocksNewsBreaks — Cepton Inc. (NASDAQ: CPTN) Board Approves 1-for-10 Reverse Stock Split, Names Chief Commercial Officer

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, announced a 1-for-10 reverse stock split of its common stock; the move was approved by Cepton’s board of directors. According to the announcement, the split will be effective on Sept. 21, 2023, at 5 p.m. ET, with the common stock beginning to trade on a split-adjusted basis on Sept. 22, 2023, when the NASDAQ exchange opens. The announcement noted that stockholders approved the proposal to authorize the board to affect a reverse split at a ratio ranging from 1-for-5 to 1-for-20 during a Sept. 7 special meeting. The…

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TuesdaySep 19, 2023 10:15 am

QualityStocksNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Closes on Auramet $12M Loan Facility

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company that is advancing the next generation of nickel-sulphide projects, has closed on a secured loan facility with Auramet International, Inc.; the $12 million loan facility was previously announced on Sept. 6, 2023. According to the announcement, the company anticipates using the net proceeds from the transaction for working capital and to advance its permitting and detailed engineering activities. Transaction details include a loan due date of Dec. 18, 2023, with an interest rate of 1% per month; the transaction is subject to a 2.3% arrangement fee. The announcement also noted that Auramet has received…

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TuesdaySep 19, 2023 9:45 am

RJD Green Inc. (RJDG) Subsidiary, Silex Holdings Undertakes Efficiency Drive, Implements StoneAPP within Operations

Silex Holdings, a subsidiary of holding company RJD Green, revealed that they would be implementing the use of software platform, StoneAPP across its business The software is expected to assist the company in both, reducing overall inventory costs whilst generating other ancillary savings expected to total as much as $300,000 per annum Silex has been a recent beneficiary of the U.S. home renovation boom, seeing its orderbook swell to record levels The company has simultaneously looked to introduce further operational efficiencies within its business, with StoneAPP’s implementation amongst these Silex Holdings Inc, a Tulsa, Oklahoma-based wholesaler and distributor of kitchen…

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TuesdaySep 19, 2023 9:00 am

SenesTech Inc. (NASDAQ: SNES) Is ‘One to Watch’

SenesTech announced in August 2023 the closing of an exercise of warrants to purchase nearly 3 million shares of its common stock, with proceeds earmarked for existing product launches The company in July 2023 began delivery of the Isolate Bait System(TM), its newest delivery system for ContraPest(R) SenesTech reported Q2 2023 revenues of $305,000, compared to $277,000 in Q2 2022 The company reported gross profit of $142,000 in Q2 2023, compared to $136,000 for the same period one year earlier In May 2023, investment firm H.C. Wainwright & Co. had a ‘Buy’ rating on SenesTech shares SenesTech (NASDAQ: SNES) is…

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MondaySep 18, 2023 3:45 pm

QualityStocksNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Launch of Proprietary Fleet Telematics Solution

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has launched Commercial Pulse, an advanced telematics application for customers that offers a complete solution for vehicle diagnostics and fleet optimization. According to the announcement, Mullen’s Commercial Pulse is an advanced telematics AI app that provides drivers and fleet companies with maintenance alerts, real-time vehicle location, driver safety, battery state of charge, metrics and more for fleets of vehicles. Included in the system is an end-user dashboard that displays asset and trip management, electric vehicle and driver performance, geofencing and reporting. The system is available via two mobile applications —…

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MondaySep 18, 2023 12:46 pm

QualityStocksNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) CEO to Present on Emerging A.I. in Virtual Tech Conference Series

Knightscope (NASDAQ: KSCP) is a leading developer of autonomous security robots and blue light emergency communication systems. The company has announced that its chairman and CEO, William Santana Li, was invited to present at the conference on Emerging Growth in Artificial Intelligence (“A.I.”), a part of the Virtual Tech Conference Series presented by Maxim Group LLC, on Sept. 26 and 27, 2023, at 8:00 a.m. ET. The announcement reads, “The continuous evolution of A.I. is paving the way for groundbreaking applications in the technology sector. Participants will dive deep into how companies are leveraging A.I. and computer vision to unlock…

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