QualityStocksNewsBreaks Archives - Page 129 of 1422

TuesdayJul 09, 2024 1:32 pm

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Approximately $825K Vehicle Order for B4 EV Chassis Cabs

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, today announced that its subsidiary, Bollinger Motors, has reached an agreement to sell five all-electric Class 4 Bollinger B4 commercial trucks to Spencer Manufacturing, which will upfit the vehicles into fire rescue trucks. The vehicle order from Spencer Manufacturing, a specialty upfitter of rescue vehicles and fire trucks, including ladder, pumper, tanker, and grass/wildland trucks, is valued at approximately $825,000. “We are excited to work with Spencer Manufacturing to use the Bollinger B4 to keep communities safe,” said Jim Connelly, chief revenue officer for Bollinger Motors. “Durability, reliability and outstanding performance…

TuesdayJul 09, 2024 10:45 am

QualityStocksNewsBreaks – Clene Inc. (NASDAQ: CLNN) to Effect 1-for-20 Reverse Stock Split

Clene (NASDAQ: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, today announced that it will effect a 1-for-20 reverse stock split at 12:01 a.m. ET on July 11, 2024. According to the announcement, Clene’s common stock will trade on the Nasdaq Capital Market on a split-adjusted basis under a new CUSIP number 185634201 and the company’s existing symbol CLNN at the beginning of trading on July 11. The reverse stock split, for which Equiniti Trust Company LLC…

MondayJul 08, 2024 1:28 pm

QualityStocksNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Announces Second Quarter Production, Deliveries, Schedules Release of Q2 2024 Results, Conference Call

Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, today announced production and delivery totals for the quarter ended June 30, 2024. Lucid produced 2,110 vehicles and delivered 2,394 vehicles during this period, for which it will soon release its net income and cash flow results along with the rest of its financial performance. Lucid vehicle production and delivery numbers represent only one measure of the company’s operating performance and should not be relied on as sole indicators of quarterly financial results, which depend on a variety of factors. The company will host a conference call to…

FridayJul 05, 2024 2:54 pm

QualityStocksNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Enters Securities Purchase Agreements Worth Estimated $1.98M

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, has entered into securities purchase agreements with health-care focused institutional investors. The agreements, which are for the purchase and sale of 1,425,000 shares of common stock, are comprised of a registered direct offering and warrants. The offering and warrants are to purchase up to 1,425,000 shares of common stock in a concurrent private placement at a combined purchase price of $1.39 per share. The offering is expected to close today, subject to customary closing…

WednesdayJul 03, 2024 12:00 pm

QualityStocksNewsBreaks – SOBR Safe Inc. (NASDAQ: SOBR) Empowering Behavioral Health Providers to Enhance Protocols

SOBR Safe (NASDAQ: SOBR) (“SOBRsafe”), a provider of next-generation transdermal alcohol detection solutions, recently signed a hardware/software agreement with a four-facility behavioral health provider based in Florida. “The customer provides the full continuum of care, from inpatient detox and residential treatment to outpatient services, and has now installed SOBRcheck(TM) in each of its four facilities to enable point-of-care screening. The customer is also evaluating SOBRsafe’s wearable band, SOBRsure(TM), for continuous monitoring in an outpatient application. The new client is one of sixteen new accounts that SOBRsafe, secured during the first quarter of 2024,” a recent article reads. “With SOBRcheck, the…

WednesdayJul 03, 2024 11:30 am

QualityStocksNewsBreaks – Btab Ecommerce Group Inc. (BBTT) Looking to Accelerate Growth, Address Unmet Needs of Market

Btab Ecommerce Group (OTC: BBTT), a next-generation e-commerce company with significant social impact, marked a major milestone in its growth trajectory with the recent entry into a business combination agreement (“BCA”) with Integrated Wellness Acquisition (NYSE: WEL), a special purpose acquisition company. The transaction, which is set to close by the end of Q4 2024, values Btab at an equity value of $250 million. “Btab is dedicated to providing comprehensive e-commerce solutions tailored to the needs of small business owners. Its platforms, including Btab Commerce and Marketplace Deals, empower entrepreneurs to focus on growth without the complexities of e-commerce operations.…

WednesdayJul 03, 2024 9:58 am

QualityStocksNewsBreaks – Torr Metals Inc. (TSXV: TMET) Receives Exploration Permit to Drill on Filion Gold Project

Torr Metals (TSX.V: TMET), a mineral exploration company focusing on the identification, acquisition and advancement of mineral properties, has received a three-year exploration permit from the Ontario government. According to the announcement, the permit allows the company to drill on its 100% owned 261-kilometer Filion Gold Project. The project was acquired through staking on Oct. 26, 2023, and has undergone testing that showed historical results, including rock grab samples that assayed 9.1 g/t gold and channel sampling that reportedly yielded 91.4 g/t gold over 0.3 meters. The property, which is located about 30 kilometers from Kapuskasing, has direct road access…

TuesdayJul 02, 2024 10:52 am

QualityStocksNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Releases Q1 2024 Financial Reports, Business Update

Scinai Immunotherapeutics (NASDAQ: SCNI), a biopharmaceutical company focused on the development of inflammation and immunology (“I&I”) biological products and on providing contract development and manufacturing organization (“CDMO”) services through its Scinai Bioservices business unit, is reporting on its financial results for the quarter ended March 31, 2024; the company also released a business update. Notable financial numbers include R&D expenses for the three-month period totaling $1,568,000; marketing, general and administrative expenses totaling $484,000; financial income totaling $231,000; and net loss reported at $2,159,000; the company also reported cash and cash equivalents and short-term deposits of $4,826,000 as of March 31, 2024. Business highlights include raising $1.69 million in gross proceeds…

TuesdayJul 02, 2024 10:25 am

QualityStocksNewsBreaks – NextPlat Corp (NASDAQ: NXPL) Expands E-Commerce Program in China

NextPlat (NASDAQ: NXPL, NXPLW), a global e-commerce provider, today announced that it has expanded its e-commerce development program in China through a new agreement with a leading Chinese healthcare and nutritional products marketing and distribution services partner (the “marketing partner”). According to the update, the marketing partner will provide NextPlat with a full range of creative content, brand marketing and product sales and distribution services and support the company’s exclusive joint e-commerce development agreement with OPKO Health Europe , a subsidiary of OPKO Health, Inc. (NASDAQ: OPK). “Our unique e-commerce development program was created to provide American companies with turn-key…

MondayJul 01, 2024 2:30 pm

QualityStocksNewsBreaks – Golden Triangle Ventures Inc.’s (GTVH) Lavish Moves to Become Staple in the Entertainment Industry

Golden Triangle Ventures’ (OTC: GTVH) Lavish Entertainment embodies GTVH’s focus on vertical integration to cut costs and maximize margins, as evidenced by its recently released four-pillar business model. “According to GTVH, this strategic framework provides an essential piece of Lavish’s mission to create an industry leading entertainment business. The company’s new model includes key foundational elements – logistics, staffing, equipment and production – that were carefully identified and organized to complement each other and ensure seamless operations across all facets of the company. With its new business model as a backdrop, Lavish Entertainment plans to develop and acquire operations in…

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