QualityStocksNewsBreaks Archives - Page 325 of 1502

MondayAug 14, 2023 2:01 pm

QualityStocksNewsBreaks – IGC Pharma Inc. (NYSE American: IGC) Releases Q1 2024 Financial Report

IGC Pharma (NYSE American: IGC), a company that develops advanced cannabinoid-based formulations for treating diseases and conditions, including but not limited to Alzheimer's disease, period cramps (dysmenorrhea), premenstrual syndrome ("PMS") and chronic pain, is reporting on its financial and business results for the first quarter of the 2024 fiscal year, the period ended June 30, 2023. Highlights of the report include a 161% increase in net revenue, which totaled approximately $555,000 compared to $212,000 in the same quarter of 2023; continued momentum in the development of IGC’s phase 3 manufacturing facility located on the West Coast; a $12 million line…

MondayAug 14, 2023 1:41 pm

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Fiscal Q3 Results, Business Update

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced financial results for its fiscal third quarter for the three and nine months ended June 30, 2023, and provided recent business updates. Among the highlights, the company’s board of directors has authorized a stock buyback program, pursuant to which the company may, until Dec. 31, 2023, purchase up to $25 million in shares of its outstanding common stock. Mullen ended fiscal third quarter on June 30, 2023, with stockholders’ equity of $351.8 million, compared to $157.0 million on Sept 30, 2022, which represents a 124% increase. In addition,…

MondayAug 14, 2023 12:50 pm

QualityStocksNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Announces Q2 2023 Results, Presents Updated Findings from Potentially Pivotal Study of Berubicin

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 announced its financial results for the quarter ended June 30, 2023, provided a corporate update and reiterated upcoming milestones. “We are approaching the most important milestone to date since we launched CNS Pharma. We are just a few months away from reporting topline results from our Berubicin potentially pivotal study interim analysis and, although we do not know what the data looks like at this time, we remain hopeful as we also approach…

FridayAug 11, 2023 3:45 pm

QualityStocksNewsBreaks – Ucore Rare Metals Inc.’s (TSX.V: UCU) (OTCQX: UURAF) RapidSX(TM) Combines Time-Proven Chemistry with Novel Platform

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is focused on a vision to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry. The company intends to deploy its RapidSX(TM) technology in pursuit of a critical metals supply chain independent of China and Western original equipment manufacturers – most notably in the automotive industry and renewable energy. “Although not a new technology, RapidSX(TM) combines the time-proven chemistry of conventional solvent extraction (‘SX’) with a new column-based platform that significantly reduces time to completion and plant footprint and potentially lowers capital…

FridayAug 11, 2023 3:00 pm

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Monitoring Developments in Commercial Vehicles Industry as Part of Overall Focus to Revolutionize Cross-Border Shipping

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a tech company revolutionizing cross-border shipping by offering carriers increased growth opportunities and shippers with flexibility, visibility and simplicity, is closely monitoring speed limiter directives on commercial vehicles. “As a company heavily invested in the industry, such directives could impact its performance and service delivery,” a recent article reads. “The Federal Motor Carrier Safety Administration (‘FMCSA’) proposed a rule that would mandate speed limiters for most commercial vehicles. While the exact speed has not been confirmed, safety groups have proposed a 60 mph limit for heavy-duty trucks. This is not the first time such a…

FridayAug 11, 2023 2:34 pm

QualityStocksNewsBreaks – BiondVax Pharmaceuticals Ltd. (NASDAQ: BVXV) Releases Q2 Financial Report, Corporate Update

BiondVax Pharmaceuticals (NASDAQ: BVXV), a biotechnology company focused on developing, manufacturing and commercializing innovative immunotherapeutic products primarily for the treatment of infectious and autoimmune diseases, is reporting on its financial results for the second quarter ended June 30, 2023; the report also included a business update. Highlights of the report include R&D expenses for the quarter totaled $1.45 million compared with $1.97 million for the same period in 2022; marketing, general and administrative expenses for the quarter reached $1.14 million compared with $1.29 million for the 2022 period; total operating expenses for the quarter amounted to $2.56 million compared with…

FridayAug 11, 2023 2:25 pm

QualityStocksNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Releases Updated Information Regarding SRM Entertainment Spin-Off, Closes on Safety Shot Acquisition

Jupiter Wellness (NASDAQ: JUPW), a wellness company focused on hair metabolism and skin therapies, has released the updated payment date for the distribution of shares of common stock, par value $0.0001 per share, of SRM Entertainment Inc. SRM Entertainment is currently a majority-owned subsidiary of Jupiter Wellness. According to the announcement, the date to effect the spin-off of the SRM business is planned for Aug. 14, 2023; the payment date remains subject to SRM’s Registration Statement on Form S-1 being declared effective by the U.S. Securities and Exchange Commission. “In the event that such registration statement is not declared effective…

FridayAug 11, 2023 2:11 pm

QualityStocksNewsBreaks – GEMXX Corporation (GEMZ) Reports on Form 1A Qualification, Shares Update

GEMXX (OTC: GEMZ), a leader in the Ammolite gemstone mine-to-market segment, has announced full qualification of Tier 1, Form 1A registration statement and has released an update on certain achievements. According to the announcement, GEMXX’s Form 1-A to raise up to $6 million is fully qualified. In addition, company officials noted that the company is working with several parties that are interested in participating in the Regulation-A financing; funds from that financing will be used for Ammolite mining expansion, increased production and diversification of operations. The company’s M&A team is also focused on further strengthening the business through strategic partnerships and…

FridayAug 11, 2023 2:02 pm

QualityStocksNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Releases Q2 Financial Highlights, Business Updates

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, is reporting on its financial results for fiscal second quarter ended June 30, 2023. Highlights of the report include $1.7 million in revenue, total bookings of $2.5 million, and a cash balance of more than $50 million. In addition, the company signed several new and expanded existing customer engagements with Forbes Global 2000 companies during the quarter, while also working with customers on a variety of new quantum and quantum-hybrid applications including media and advertising optimization, industrial construction, financial market performance predictions, transportation logistics and more. The company saw its…

FridayAug 11, 2023 1:56 pm

QualityStocksNewsBreaks — Electronic Servitor Publication Network Inc.’s (XESP) ‘Growth-as-a-Service’ Platform Helping Companies Enhance User Engagement

Electronic Servitor Publication Network (OTCQB: XESP) is a digital engagement company and market disruptor that focuses on connecting companies with target audiences to drive growth. “XESP’s expertise and technology is offered as a managed service, providing B2B clients with cutting-edge data analysis and intelligent technology to help them reach out to and actually connect with target markets and audiences. The company describes its offering as ‘Growth as a Service.’ XESP has developed the Digital Engagement Engine(TM), a technology platform specifically designed for digital activation and engagement. This platform is built on workflows and microservices that automate tasks to help companies…

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