QualityStocksNewsBreaks Archives - Page 207 of 1508

ThursdayAug 15, 2024 2:40 pm

QualityStocksNewsBreaks – Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) Announces Completion of Name Change, Begins Trading Under New Symbol

Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM), formerly FSD Pharma Inc., a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions, has finalized its previously announced name change and consolidation. According to the announcement, the company’s class B subordinate voting shares began trading today under the new ticker symbol QNTM. In addition, the company closed on a nonbrokered private placement and issued four postconsolidation Class A multiple voting shares for $18 per share, resulting in gross proceeds of $72. Xorax Family Trust, a trust of which Quantum BioPharma CEO and cochair Zeeshan Saeed is a beneficiary,…

ThursdayAug 15, 2024 1:47 pm

QualityStocksNewsBreaks – Actuate Therapeutics, Inc. (NASDAQ: ACTU) Closes on $22.4M Initial Public Offering

Actuate Therapeutics (NASDAQ: ACTU), a clinical stage biopharmaceutical company focused on developing therapies for the treatment of high impact, difficult to treat cancers, recently announced the closing of its previously announced initial offering. The offering comprised 2,800,000 shares of the company’s common stock at a price of $8.00 per unit to the public, raising a total of $22,400,000 in gross proceeds before deductions. In addition, the company has granted a 30-day option to the underwriters to purchase up to 420,000 additional shares, representing 15% of the shares sold in the offering, solely to cover over-allotments, if any, at the initial…

ThursdayAug 15, 2024 11:51 am

QualityStocksNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Publishes Q2 2024 Results

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, today released its financial results for the second quarter ended June 30, 2024 (“Q2 2024”). The company also discussed the clinical development progress of Berubicin, its lead program, and TPI 287, its recently in-licensed abeotaxane for the treatment of brain malignancies. CNS Pharmaceutical expects to be able to release final topline data from its potentially pivotal trial of Berubicin in the first half of 2025. The trial is evaluating Berubicin in adult patients with…

ThursdayAug 15, 2024 11:03 am

QualityStocksNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Reports Q2 2024 Financial Results, Shares Business Update

Scinai Immunotherapeutics (NASDAQ: SCNI) is a biopharmaceutical company focused on developing inflammation and immunology (“I&I”) biological products and providing CDMO services through its Scinai Bioservices business unit. The company today published its financial results for the second quarter ended June 30, 2024, and provided a business update. Scinai plans to host a webinar to discuss its Q2 2024 results and business update on August 20, 2024, at 11 a.m. EDT/6 p.m. Israel Time. Recent highlights from Q2 2024 included the signing of an agreement to restructure a $29 million bank loan to equity and plans to regain Nasdaq compliance by…

WednesdayAug 14, 2024 3:30 pm

QualityStocksNewsBreaks – Golden Triangle Ventures Inc. (GTVH) Eyes Expansion into More Lucrative Markets

Golden Triangle Ventures (OTC: GTVH) recently completed the acquisition of Cargo Management Group, a multifaceted logistics and trucking operation. “A complete shipping, logistics and trucking operation, Cargo Management Group will be a key component in providing support for GTVH’s Lavish Entertainment division. With the acquisition completed, Golden Triangle is now focused on facilitating the company’s assumption of full ownership of the logistics operation, brokerage business, licenses and all associated assets… The acquisition of Cargo Management Group brings a time-tested, proven performer into the Golden Triangle community. Cargo Management Group reported close to $3 million in top-line revenue last year,” a…

WednesdayAug 14, 2024 2:45 pm

QualityStocksNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) CEO Showcases Strategic Approach to Industry

McEwen Mining (NYSE: MUX) (TSX: MUX) is an asset-rich diversified gold and silver producer in the Americas. McEwen CEO Rob McEwen recently spoke at the NYC SME’s 9th Annual Current Trends in Mining Finance Conference, where he emphasized the crucial importance of the mining industry to modern civilization and outlined a strategic approach to improving its public perception. “The central theme of McEwen’s speech was the urgent need to alter the public’s negative perception of the mining industry. This change, he argued, could be achieved by showcasing the industry’s essential contributions to daily life and modern technologies, particularly those aimed…

WednesdayAug 14, 2024 2:13 pm

QualityStocksNewsBreaks – Bebuzee Inc. (BBUZ) Looking to ‘Change the Game’ via Comprehensive Digital Ecosystem

Bebuzee (OTC: BBUZ) is taking internet connectivity to a level as yet unheard of in the United States through the rollout of its time-saving communications technology. “Bebuzee’s platform takes its inspiration from multi-service applications that have become popular in Asian nations, where an enormous part of the world’s population embraces an all-in-one approach to mobile and web connectivity on an all-encompassing, self-contained commerce and communication online platform. Bebuzee’s platform includes video streaming, photo sharing, a messaging service, a wide variety of news services from national sources down to the local level, real estate information, a search engine for finding contractors,…

WednesdayAug 14, 2024 1:37 pm

QualityStocksNewsBreaks – Greenlane Holdings Inc. (NASDAQ: GNLN) Executes $6.5M Private Placement

Greenlane Holdings (NASDAQ: GNLN) has transacted a $6.5 million private placement priced at-the-market. Greenlane operates in two segments: consumer goods and industrial goods. The company is involved in developing and distributing vape devices, cannabis accessories and lifestyle products throughout the United States, Canada, and Europe. Aegis Capital Corp. acted as exclusive placement agent for the private placement. Involved in the wealth-management and investment-banking business, Aegis is dedicated to providing corporate-finance, strategic-advisory and related services to public and private companies across multiple sectors and regions. To view the full press release, visit https://ibn.fm/93lHx About Greenlane Holdings Inc. Greenlane Holdings engages in…

WednesdayAug 14, 2024 12:00 pm

QualityStocksNewsBreaks – Impact of Trump-Musk Conversation on Trump Media & Technology Group Corp. (NASDAQ: DJT) Stock

Trump Media & Technology Group (NASDAQ: DJT) recently faced a downturn, attributed to a public conversation between former President Donald Trump and Tesla CEO Elon Musk on the social media platform X. This event, as reported by Barrons on August 13, 2024, has seemingly influenced investor sentiment negatively, leading to a decrease in the stock’s value. Trump Media, a company that has been in the spotlight due to its high-profile affiliations and controversial nature, competes in the crowded media and technology sector, where public perception can significantly impact stock performance. The stock, trading at $23.79, saw a decline of $0.19, marking a decrease…

WednesdayAug 14, 2024 11:19 am

QualityStocksNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Provides Production Update for SASB Gas Field

Trillion Energy (CSE: TCF) (OTCQB: TRLEF), a company focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye, today provided a production update for the SASB gas field. According to the update, successful production and completion of 4 workovers at Guluc-2, South Akcakoca-2, West Akcakoca-1, and Akcakoca-3 wells on the Akcakoca Platform marks a major milestone in the company’s strategic perforation program, increasing gas production capacity at the Black Sea asset. Gas production from the Akcakoca Platform has averaged 4.6 MMcf/d since the perforation program concluded. The update noted that the SASB revitalization…

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