August 2024 - Page 11 of 15

TuesdayAug 13, 2024 10:13 am

QualityStocksNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Signs Definitive Loan Restructuring Agreement with EIB Converting Debt into Equity

Scinai Immunotherapeutics (NASDAQ: SCNI), a biopharmaceutical company focused on developing inflammation and immunology (“I&I”) biological products and providing CDMO services through its Scinai Bioservices business unit, today announced the signing of a definitive Loan Restructuring Agreement with the European Investment Bank (“EIB”), its lender. The agreement also included an amendment and restatement to the Finance Contract between the parties. According to the announcement, an amount equal to approximately €26.6 million (approximately $29 million), including interest accrued to date, owned by Scinai to EIB under the finance contract, will be converted into 1,000 preferred shares, no par value per share, of…

TuesdayAug 13, 2024 9:45 am

Torr Metals Inc. (TSX.V: TMET): A Rising Star in the Next Big Exploration Play

Torr Metals is lighting up the map by advancing three high-potential copper and gold projects in Canada, all located in prime mining jurisdictions with increasing M&A activity by major mining companies Each of Torr's projects boasts key traits sought by majors: high-grades, prime location, robust infrastructure, full project ownership, and significant scalability The company’s assets are situated near major mining operations, including Canada’s largest open-pit copper mine at Highland Valley, within regions rich in mining history and established infrastructure With projects positioned in some of Canada's most prolific mining regions, Torr Metals is well-placed to attract attention from industry giants…

TuesdayAug 13, 2024 9:32 am

QualityStocksNewsBreaks – SOBR Safe Inc. (NASDAQ: SOBR) Releases Q2 2024 Quarterly Update

SOBRsafe (NASDAQ: SOBR), a provider of next-generation, transdermal alcohol-detection solutions, is reporting on its NASDAQ listing, financial positioning and sales progress, noting that the NASDAQ Hearings Panel granted the company an exception period continuing the listing of its common stock on the NASDAQ exchange; the company has until Oct. 23, 2024, to regain compliance with the market’s $1 minimum bid price per share requirement and to demonstrate long-term compliance with the required minimum of $2.5 million in stockholders' equity. The report also noted that the company continues to strengthen its financial position and restructure the composition of its equity. In…

TuesdayAug 13, 2024 9:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Sees Double Digit Growth in 1H 2024 Training Enrollments with Workforce Development Initiative

The "Quantum Programming Core" course experienced a 53% rise in enrollments, while total enrollments, including both the "Core" and "Foundations for Quantum Programming" courses, increased by 85% D-Wave provides access to its Leap(TM) quantum cloud service in 42 countries, allowing learners to utilize D-Wave software and tools including the Ocean(TM) SDK Nearly 90% of learners that have completed a D-Wave training course recommend it D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the first commercial provider of quantum computers, recently announced a significant increase in enrollment for its quantum training courses. In the first…

MondayAug 12, 2024 12:00 pm

Lexaria Bioscience Corp. (NASDAQ: LEXX) Releases Q3 2024 Financial Results; Offers a Roadmap for its Key GLP-1 Study Program

The company provided updates for its study programs for 2024, with a focus on its glucagon-like peptide-1 (“GLP-1”) agonist research program, targeting a significant step up in addressing worldwide diabetes and obesity, a tremendous market Lexaria has its Human Pilot Study #3 lined up, as well as its chronic dosing human study, both studies will begin dosing later this year Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, just released its fiscal report for the third quarter of the 2024 financial year (“Q3, 2024”). Of note was growth in cash and marketable securities from $1.5 million during…

MondayAug 12, 2024 11:15 am

ECGI Holdings Inc. (ECGI) Makes Good Use of Luxury Equestrian Market to Additionally Grow Its Expanding Customer Base

ECGI Holdings is targeting a share of the growing luxury goods market by designing, manufacturing, and selling luxury equestrian apparel and equipment through its subsidiary Pacific Saddlery The company sees the utilization of smaller focused markets as a proven entrance pathway to much larger general luxury markets Bain & Company valued the global luxury goods market at €362 billion ($395.4 billion) in 2023 and expects this market to grow to between €540 billion ($589.8 billion) and €580 billion ($633.5 billion) by 2030 ECGI Holdings and Pacific Saddlery are using celebrated brands like Hermès, Gucci, and Ralph Lauren as a template…

MondayAug 12, 2024 10:57 am

QualityStocksNewsBreaks – HealthLynked Corp. (HLYK) Partners with RxSpark to Provide Integrated Solution for Medication Management

HealthLynked (OTCQB: HLYK), a trailblazer in healthcare technology, today announced a strategic partnership with RxSpark, a platform dedicated to providing affordable prescription medications and healthcare services. According to the announcement, this partnership will enhance the patient’s experience by integrating HealthLynked’s advanced healthcare network with RxSpark’s pharmacy discounts and prescription price comparison tool. Through this exciting integration, HealthLynked members can find savings of up to 90% off their medications, easily manage their prescriptions, and ensure timely access to necessary medications. Key benefits include enhanced prescription management, improved access to affordable medications, streamlined healthcare experience, and cost savings for patients. “At HealthLynked,…

MondayAug 12, 2024 10:43 am

QualityStocksNewsBreaks – Upstream Lists Advantages of Trading Powered by Blockchain Tech

Upstream, a MERJ Exchange stock market and global trading app, is powered by blockchain technology, which is self-sufficient and operates continuously. That model means that stock markets could operate 24/7 with instantaneous settlement, which changes the landscape, particularly during market sell-offs. The advantages of that were discussed in a recent Upstream article. The article noted that “this past Monday morning, the Dow Jones Industrial Average fell more than 1,000 points. The Nikkei 225, an index of leading stocks in Tokyo, closed down 5.8% Friday, and then 12.4% on Monday.” The article observed that because of traditional stock-trading hours, an entire…

MondayAug 12, 2024 10:30 am

Clene Inc.’s (NASDAQ: CLNN) Makes Significant Strides in Developing its Lead Agent, CNM-Au8(R), to Address Neurodegenerative Conditions

Clene has conducted five Phase 2 clinical trials, three with long-term extensions, and three expanded access programs (with additional studies ongoing) to evaluate the safety and efficacy of CNM-Au8 The global ALS treatment market is poised for growth, driven by an aging population and limited current treatment options CNM-Au8 works by improving cellular energy production and utilization, which is crucial for maintaining neuronal health, and is at a deficit in neurodegenerative diseases Clene (NASDAQ: CLNN) and its wholly owned subsidiary Clene Nanomedicine Inc. is a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative…

MondayAug 12, 2024 9:45 am

Rising Domestic Violence Incidents Represents Expanding Opportunity for EM Tech Innovator SuperCom Ltd. (NASDAQ: SPCB)

Domestic violence worldwide is fostering a concerted response by criminal justice officials and legislators upset by the deadly fallout of offenders who violate court-ordered protective measures for victims Tennessee recently passed a statewide law establishing specific targets for electronic monitoring of offenders via GPS and communication with victims, creating clear and timely awareness of situations in which offenders are in proximity to victims Electronic monitoring technology innovator SuperCom Ltd. has developed a suite of hardware, connectivity, and software components designed to target the market for monitoring domestic violence offenders and alerting their victims to dangers SuperCom recently reported over $11…

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Month: August 2024