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TuesdayDec 12, 2023 1:05 pm

QualityStocksNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Announces Departure of CFO Sherry House

Lucid Group (NASDAQ: LCID) has announced that its Chief Financial Officer (“CFO”) Sherry House is resigning from her position, effective immediately, to pursue other opportunities. According to the announcement, House will be available in an advisory role through Dec. 31, 2023, to assist in the transition of her duties. Lucid’s current VP of Accounting and Principal Accounting Officer Gagan Dhingra will additionally serve as interim CFO and principal financial officer, effective immediately, while Lucid’s search for a replacement for House is underway. “I want to thank Sherry for her contributions to the company during her tenure,” said Lucid’s CEO and…

TuesdayDec 12, 2023 12:55 pm

QualityStocksNewsBreaks – Astrotech Corp. (NASDAQ: ASTC) Creates New Subsidiary, Announces Application of New Technology

Astrotech (NASDAQ: ASTC), an innovative science and technology company, has formed a new wholly owned subsidiary: Pro-Control Inc. According to the announcement, Pro-Control is unveiling its proprietary Pro-Control Maximum Value Process(TM) (Pro-Control MVP(TM) and the Pro-Control-1000(TM) mass spectrometer. The spectrometer has been designed to work within a chemical factory analyzing real-time samples while achieving optimized yields, quality and profits. It tests, measures and increases potency, purity and weight yields. Astrotech has entered into an exclusive license with Pro-Control to use the ATi mass spectrometer technology for chemical manufacturing process control applications. The Pro-Control MVP rapid test can take up to 20 tests…

TuesdayDec 12, 2023 12:55 pm

QualityStocksNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Announces Sc, Co, REE Mineralization at New Buriti Target

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, has announced the discovery of a new mineralized zone named Buriti, showcasing mineralization of scandium (“Sc”), cobalt (“Co”) and rare earth elements (“REE”) in reverse circulation (“RC”) hole PCH-RC-116. According to the announcement, the Buriti Target was found through exploratory RC and auger drilling conducted as part of the company’s 2023 drill program. The discovery opens the potential of a promising new target zone for exploration and development, said company officials, who observed that it is the…

TuesdayDec 12, 2023 12:50 pm

QualityStocksNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Announces Industrial Tax Exemption Program for LA-SMC Project

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today announced a series of significant updates regarding the ongoing development of its rare earth element (“REE”) processing refinery, the Louisiana Strategic Metals Complex (“LA-SMC”) in Alexandria, Louisiana. According to the announcement, the Governor of Louisiana, Jon Bel Edwards, has executed the contract for exemption of ad valorem taxes for Ucore’s SMC project. The Industrial Tax Exemption Program (“ITEP”) provides the company up to a 10-year exemption (five-year initial term at 80% and five-year renewal term at 80%), which will result in an estimated $8.2 million in projected tax savings for Ucore during…

TuesdayDec 12, 2023 12:45 pm

QualityStocksNewsBreaks – Astiva Health Expands in Southern California, Now Enrolling Members in Three Counties

Astiva Health, a fast-growing Medicare Advantage Prescription Drug (“MAPD”) health plan dedicated to reshaping personalized and comprehensive healthcare, has announced strategic expansions into three Southern California counties: Los Angeles, Riverside and San Bernardino. The expansion, which the company called a “milestone” in its commitment to broadening access to quality healthcare, is effective Jan. 1, 2024; the company has already started enrolling members in these locations. According to the announcement, Astiva Health anticipates substantial growth in Medicare Advantage enrollment across these regions, noting that the cumulative effect of this expansion will increase the total target Medicare beneficiaries by approximately 259%. Astiva…

TuesdayDec 12, 2023 11:00 am

QualityStocksNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Reports on Preclinical Results from Psoriatic Human Skin Trial

Scinai Immunotherapeutics (NASDAQ: SCNI), a biopharmaceutical company focused on developing, manufacturing and commercializing innovative inflammation and immunology (“I&I”) biological products, has announced successful preclinical trial results of its innovative anti–IL–17 VHH antibody (“NanoAb”). The trial evaluated Scinai's NanoAbs as a local treatment for the large and underserved population of mild to moderate plaque psoriasis. The study was conducted by Genoskin, a French biotechnology company. According to the announcement, Genoskin's human skin models were induced for expression of plaque psoriasis symptoms, thereby enabling ex–vivo examination of the therapeutic effects of drugs targeting underlying mechanisms in the pathogenesis of plaque psoriasis, specifically the…

TuesdayDec 12, 2023 9:50 am

QualityStocksNewsBreaks – Crexendo Inc. (NASDAQ: CXDO) Names Seasoned Veteran as New CEO

Crexendo (NASDAQ: CXDO), an award-winning premier provider of cloud-communication platform and services, video collaboration and managed IT services, has appointed a new CEO: Jeffrey (Jeff) G. Korn. The appointment is effective immediately. According to the announcement, the company’s previous CEO Steven ("Steve") G. Mihaylo, is retiring, although he will retain his position as chair on the company’s board. Crexendo’s longest-standing employee, Korn has been with the company more than two decades, serving as general counsel, executive vice president and chief legal officer during that time. He has provided invaluable support and leadership as the company has transformed into a leading…

TuesdayDec 12, 2023 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) at Forefront of Race to Develop Western Rare Earth Refining Solutions

A recent Reuters report focused its attention on rare earth mining companies’ efforts to strengthen American self-sufficiency in the production of natural elements vital to modern computerized products Rare earth element (“REE”) enterprise Ucore Rare Metals Inc. is gaining attention as a company focused on the refining of already mined rare earths to specialize in a particular sector of the supply chain, using its proprietary RapidSX(TM) technology The rare earth supply chain has been a subject of concern for years because of China’s near-monopoly on mining, refining, and production, for permanent magnets, strategic because of their use in a wide…

TuesdayDec 12, 2023 9:30 am

QualityStocksNewsBreaks – Correlate Energy Corp. (CIPI) Announces Completion of American Tire Distributors Headquarters Solar Project

Correlate Energy (OTCQB: CIPI), a growth-oriented distributed energy company, has successfully commissioned a solar project with American Tire Distributors (“ATD”); the project is located at the company headquarters in Huntersville, North Carolina. According to the announcement, the collaborative project between the two companies represents the harmony between sustainability and profitability. ATD operates more than 120 distribution centers with an estimated 80,000 customers around the country. The company is committed to sustainability and being environmentally responsible. With that in mind, ATD partnered with Correlate Energy to install the solar rooftop project. In addition to the environmental benefits, which include a reduction of…

TuesdayDec 12, 2023 9:00 am

SuperCom Ltd. (NASDAQ: SPCB) – Strengthening the Global Public Safety Sector Through Proprietary Electronic Monitoring Technology

SuperCom, a leading provider of traditional and digital identity solutions, is offering advanced electronic monitoring solutions to address the growing cases of domestic violence worldwide Considering just the United States, domestic violence is now believed to affect 3 out of 10 women and 1 in 10 men With its PureProtect electronic monitoring technology, SuperCom is offering law enforcement near real-time information and many lines of communication, allowing for superior victim protection with the enforcement of court restrictions SuperCom (NASDAQ: SPCB), a global leading provider of traditional and digital identity solutions, offering advanced safety, identification, and security products and solutions to…

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