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WednesdaySep 20, 2023 10:44 am

QualityStocksNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Closes on $1.33M Registered Direct Offering

Scinai Immunotherapeutics (NASDAQ: SCNI), a biopharmaceutical company focused on developing, manufacturing and commercializing innovative inflammation and immunology (I&I) biological products primarily for the treatment of autoimmune and infectious diseases, has closed on a registered direct offering of 1,146,552 of the company’s American Depositary Shares (“ADSs”). According to the announcement, each ADS represented four hundred ordinary shares offered at $1.16 per ADS (or ADS equivalent). The announcement noted that SCNI also issued unregistered warrants in a concurrent private placement comprised of up to 1,146,552 ADSs representing ordinary shares. The warrants have an exercise price of $1.16 per ADS and are immediately exercisable…

WednesdaySep 20, 2023 10:30 am

First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) Exploration at Deer Horn Provides Key Data for September Drill Program

CEO notes that prospecting, mapping and sampling have provided an extensive base of information to support drilling and IP survey Last month’s property-wide mapping and sampling program confirmed a structural connection between two key sections of the property This month’s drilling program will test the extent of the mineralization and study how the systems at Deer Horn and Pond are related First Tellurium (CSE: FTEL) (OTCQB: FSTTF) has wrapped up a property-wide mapping and sampling program at its Deer Horn property in west-central British Columbia and is preparing to launch a drill program later this month (https://ibn.fm/1qlq6). Based on data…

WednesdaySep 20, 2023 9:45 am

Electronic Servitor Publication Network Inc. (XESP) Provides Unique Digital Engagement Offering in Revenue-Driven Customer Engagement Solutions Market

The global customer engagement solutions market is growing exponentially, driven by reduced churn rates and a preference for e-commerce platforms Larger companies in the industry, like Service Now, Salesforce, and OpenAI, have seen significant revenue and market caps based on their marketing offerings Electronic Servitor Publication Network’s Digital Engagement Engine(TM) offers a unique multi-channel digital engagement experience that allows for targeting the narrowest of niches Valued at $19.3 billion in 2022, the global customer engagement solutions market is expected to grow at a CAGR of 10.8% through 2027, with a value of $32.2 billion. Factors contributing to this growth are…

WednesdaySep 20, 2023 9:00 am

Generic Drug Manufacturer SOHM, Inc. (SHMN) Building Regenerative Medicine Platform with LOI for Gene Editing Technology

U.S.-based generic drug developer SOHM is working to build its product pipeline through registration for distribution in several states and the planned establishment of its own product manufacturing plant in Southern California SOHM is also focused on developing a regenerative medicine portfolio, having issued an LOI recently in its bid to acquire the gene editing technology ABBIE from CGA Intellectual Holdings Inc. ABBIE is a synthetic enzyme technology that includes a DNA binding solution and a DNA integration solution for introducing a functionally edited genome into an “enhanced” cell that could then be introduced into a patient’s body to repair…

TuesdaySep 19, 2023 2:16 pm

QualityStocksNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Completes Key Initial Validation of Its Full-Scale Pilot System

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, today announced third-party certification of initial ammonia output. According to the update, FuelPositive successfully completed a pivotal milestone with its commercial model FP300 system start-up and activation of catalyst, making the FP300 the first decentralized, containerized, operational green ammonia system in the world. “We are excited to report that we have completed a key initial validation of our full-scale ammonia pilot system. For this initial evaluation period, to follow safety protocols, we ran one converter at 50% catalyst density, with a set target of anhydrous ammonia output. The results, which…

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…

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…

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…

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…

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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