QualityStocksNewsBreaks Archives - Page 299 of 1457

WednesdayJun 28, 2023 11:55 am

QualityStocksNewsBreaks – EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Receives $15M Funding from Clean Fuels Fund

EverGen (TSX.V: EVGN) (OTCQX: EVGIF), Canada’s renewable natural gas (“RNG”) infrastructure platform, has been awarded $10.5 million from Natural Resources Canada’s (“NRCan”) Clean Fuels Fund. The funding will support the development of the company’s Renewable Natural Gas (“RNG”) expansion at its Pacific Coast Renewables (“PCR”) facility. The Clean Fuels Fund is a program developed by the Canadian government to support the growth of the domestic clean fuels industry, thereby reducing Canada's greenhouse gas emissions. According to the announcement, the Pacific Coast Renewables RNG expansion project is now fully funded. The company stated that the facility expansion, which is designed to…

WednesdayJun 28, 2023 11:30 am

QualityStocksNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Sets Record Date for SRM Entertainment Spin-Off, Share Distribution

Jupiter Wellness (NASDAQ: JUPW), a wellness company focused on hair metabolism and skin therapies, has announced the record date for the spin-off and distribution of common stock shares, par value $0.0001 per share, of SRM Entertainment Inc. SRM is a majority-owned subsidiary of Jupiter. According to the announcement, the record date is slated for July 7, 2023. On that date, company stockholders and holders of certain warrants will receive one share of SRM common stock, for every 19.35 shares of the company’s common stock held. The announcement noted that fractional shares would be rounded down into whole shares. The company…

TuesdayJun 27, 2023 11:37 am

QualityStocksNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Series D Holders Exercise Final $100M Investment Option

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that on June 23, 2023, its Series D investors exercised their final option, expiring June 30, 2023, for $100 million. The move resulted in additional funding of $100 million to the company. Mullen now has more than $235 million in cash and cash equivalents on its balance sheet, which is after expending $253 million-plus for two completed acquisitions that added valuable, unencumbered assets for the majority ownership in Bollinger Motors and certain assets related to Electric Last Mile Solutions (“ELMS”). “We are in the best financial position in…

TuesdayJun 27, 2023 11:23 am

QualityStocksNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Featured in Recent Ascendiant Capital Markets Report with Buy Rating, $3.50 Per Share Price Target

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, is spotlighted in a recent Ascendiant Capital Markets LLC report. According to the report, Ascendiant initiates coverage on the company's stock with a buy rating and a price target of $3.50 per share. An investment banking and equity research firm, Ascendiant focuses on high-growth sectors and has an expertise in technology, healthcare, and other emerging industries. In the report, Ascendiant shares its extensive research on and analysis of Knightscope's business model and also reports on the company’s technological advancements and market potential. Based…

MondayJun 26, 2023 3:40 pm

QualityStocksNewsBreaks – MoonLake Immunotherapeutics’ (NASDAQ: MLTX) Shares See Significant Increase Based on Success of IL-17 Nanobody Phase 2 Trial

MoonLake (NASDAQ: MLTX), a clinical-stage biotechnology company focused on creating next-level therapies for inflammatory diseases, has announced positive top-line results from its global phase 2 MIRA trial. The trial (“M1095-HS-201”) evaluated the efficacy and safety of the Nanobody(R) Sonelokimab in patients with moderate-to-severe hidradenitis suppurativa (“HS”). MoonLake’s shares closed nearly $20.00 up on the day to $45.95 following the recent news. “As part of our efforts to elevate outcomes for patients, we set an ambitious goal for our Nanobody(R) Sonelokimab to ‘meet or beat’ the best results shown in pivotal-like trials of competitors,” said Jorge Santos da Silva, PhD, founder…

MondayJun 26, 2023 2:59 pm

QualityStocksNewsBreaks – NextPlat Corp. (NASDAQ: NXPL) Now Included in Russell Microcap(R) Index

NextPlat (NASDAQ: NXPL, NXPLW), a global e-commerce provider, is joining the Russell Microcap(R) Index, effective today. The company announced that it will be included following the conclusion of the 2023 Russell indexes annual reconstitution. According to the announcement, Russell Microcap Index membership is in effective for one year and consists of automatic inclusion in the appropriate growth and value style indexes. The announcement observed that objective, market-capitalization rankings as well as style attributes are primarily used by FTSE Russell to determine membership of index members. “NextPlat's inclusion in the Russell Microcap Index is important recognition of the value of our global…

MondayJun 26, 2023 10:52 am

QualityStocksNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Contracts with CGI for Initial Drill Program, Reprices Warrants

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has engaged Childs Geoscience Inc. (“CGI”) to manage the initial drill program at its Ruby Graphite Deposit, located in Beaverhead County, Montana. According to the announcement, Reflex anticipates the program to begin later this month. The program will consist of at least 3,500 meters of diamond core drilling. In addition, CGI will also move forward with other geological studies at the project, including geophysical surveys and outcrop inspection and sampling; the company will also prepare key technical reports. CGI offers skilled, competent personnel ranging from field technicians and…

FridayJun 23, 2023 3:52 pm

QualityStocksNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Shines Spotlight on Autonomous Security Technologies in New Blog Series

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, has announced that it published a series of blogs targeting both public and private sectors. The content highlights numerous recommendations that will assist law enforcement and security professionals in adopting autonomous security technologies. The announcement reads, Knightscope’s advice was cultivated through the decades of team member experience in law enforcement and private security, more than 7,000 deployed emergency communication systems, and over 2 million hours of autonomous robot operations across the country in multiple time zones through numerous winters and summers. Knightscope has amassed…

FridayJun 23, 2023 3:15 pm

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Secures Contract Renewal with K-FLEX de México

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company developing solutions to optimize and automate the supply chain process as well as providing its Fr8App platform for B2B cross-border shipping in the USMCA region. The company announced that it has been recognized for outstanding service by K-FLEX de México and has secured a renewal of its contract with K-FLEX. The contract is for continued utilization of the Fr8App platform to facilitate transportation of shipments from K-FLEX’s recently expanded Mexican plants and distribution centers across the United States. “Fr8App delivered cross-border capacity during a difficult time for us as we worked…

FridayJun 23, 2023 2:24 pm

QualityStocksNewsBreaks – Silo Pharma Inc. (NASDAQ: SILO) Working to Deliver Novel Treatment for Chronic Pain Sufferers

Silo Pharma (NASDAQ: SILO), a developmental stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research, recently announced a new research and development agreement to create a time-release ketamine implant to treat fibromyalgia and other chronic pain conditions. Silo intends to leverage its existing partnerships with academic research institutions to help move the novel treatment for chronic pain sufferers through the Food and Drug Administration’s approval process as efficiently as possible. The fibromyalgia market grew to $3.1 billion last year and is expected to continue increasing at a compound annual growth rate of 4% over the next decade. Meanwhile,…

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