QualityStocksNewsBreaks Archives - Page 432 of 1589

ThursdayJun 22, 2023 1:24 pm

QualityStocksNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Announces Third Deadline Date Extension to Complete Initial Business Combination

Fintech Ecosystem Development Corp. (NASDAQ: FEXD) today announced that its board of directors has decided to extend the date by which the company must consummate an initial business combination (the “deadline date”) from June 21, 2023, for an additional month, to July 21, 2023. The company’s sponsor, Revofast LLC, deposited $110,000 into the company’s trust account in connection with this extension, the third of twelve potential one-month extensions of the deadline date available to the company. According to the update, the company’s amended and restated certificate of incorporation, as amended (the “charter”), provides the company with the right to extend…

ThursdayJun 22, 2023 11:44 am

QualityStocksNewsBreaks – InMed Pharmaceuticals Inc.’s (NASDAQ: INM) 755-201-EB Trial Demonstrates Clinically Important Results

InMed Pharmaceuticals (NASDAQ: INM), a leader in the pharmaceutical research, development, manufacturing and commercialization of rare cannabinoids and cannabinoid analogs, today announced safety and efficacy results from its phase 2 clinical trial. The purpose of the trial, called “755-201-EB,” was to evaluate the safety of INM-755 CBN cream, which consists of the control cream plus the active pharmaceutical ingredient CBN, and obtain preliminary evidence of efficacy in treating symptoms and healing wounds over a 28-day period in patients with epidermolysis bullosa (“EB”). According to the announcement, of the 18 participants assessed, chronic itch improved by a clinically meaningful amount in…

ThursdayJun 22, 2023 11:06 am

QualityStocksNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Closes First $3.5M Tranche of Non-Brokered Private Placement

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, yesterday announced its completion of the first tranche of its $7,500,000 non-brokered private placement, issuing 53,870,699 units, each at a price of $0.065, for gross proceeds of $3,501,595. “We are extremely pleased with closing the first $3,500,000 tranche of our active $7,500,000 financing,” said Ian Clifford, CEO and board chair of FuelPositive. “We are grateful to our existing shareholders for their ongoing support and welcome many new strategic investors who share FuelPositive’s values and goals. This is an important financial milestone that provides the necessary runway to reach several major…

WednesdayJun 21, 2023 3:06 pm

QualityStocksNewsBreaks – Correlate Infrastructure Partners Inc. (CIPI) Raises $2.5M in New Funding, Expands Team to Add Seasoned Professionals

Correlate Infrastructure Partners (OTCQB: CIPI), a growth-oriented distributed energy company, today announced that it has raised over $2.5 million in new funding from investors in fiscal year 2023 from a private placement of a secured convertible note offering. The company intends to use the net proceeds to ramp up its project fulfillment capabilities and for working capital purposes. In addition, Correlate announced the hiring of two seasoned professionals to its senior management team, enhancing the company's leadership capabilities and expertise. Roger Baum, an accomplished construction industry veteran, has joined Correlate as the EVP of Operations. Jed Freedlander, with a background…

WednesdayJun 21, 2023 2:37 pm

QualityStocksNewsBreaks – Starco Brands, Inc.’s (STCB) Whipshots(R) Highly Recognized in 2023 SIP Awards

Starco Brands (OTCQB: STCB), a company with an unwavering mission to invent and acquire consumer products and brands with behavior-changing technologies that spark excitement in the everyday, today announced that Whipshots(R), the groundbreaking vodka-infused whipped cream, won three prestigious medals in the 2023 SIP Awards. In this year’s internationally recognized consumer-judging spirits competition, the boozy whipped cream received a Best of Class Platinum tasting award as well as the Consumers’ Choice Award and Innovation Award. “We're so appreciative that Whipshots was highly recognized in this year’s competition,” said Ross Sklar, CEO of Starco Brands. “Having received a Double Gold medal…

WednesdayJun 21, 2023 1:23 pm

QualityStocksNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Secures New Orders for K1 Retrofit, Call Boxes

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, has announced its receipt of a purchase order from San Francisco Bay Area Rapid Transit (“BART”) to expand its emergency communications system with three K1 Call Boxes. In addition, a university in the northeast is updating two of its antiquated devices using the Knightscope K1 Retrofit Kit. The announcement reads, “Knightscope’s modern emergency phones and call boxes are extremely cost-effective systems that use cellular and satellite communications with optional solar power. Knightscope’s leading-edge communications products and Autonomous Security Robot (‘ASR’) services provide reliable technologies…

WednesdayJun 21, 2023 12:43 pm

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Moratorium on New Financings, Sufficient Capital for at Least 12 Months

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced an investor financing moratorium for the balance of 2023 and that it has sufficient capital on hand for at least the next 12 months. In addition, the company confirmed that remaining investor option expires on June 30, 2023, and that its assets are unencumbered with the exception of $7.3 million outstanding debt. Mullen continues to trade at a steep discount to its current cash position of $135 million or $0.38 per share as of June 13, 2023. The company’s book value was $2.08 per share ss of its…

TuesdayJun 20, 2023 3:36 pm

QualityStocksNewsBreaks – Starco Brands, Inc.’s (STCB) Whipshots Surpasses 2M Cans Sold

Starco Brands (OTCQB: STCB), a modern-day ‘invention factory’ that invents or acquires novel products and advances them using behavior-changing technologies, recently launched Lime Whipshots, its latest addition to its vodka-infused whipped cream product line featuring global icon Cardi B. “Whipshots Lime joins other flavors in the product line, including vanilla, caramel and mocha – all infused with a 10% premium vodka kick. Starco Brands launched the product in December 2021, achieved its first million can sales after ten months and sold another million cans only four months later. Whipshots has also gained widespread industry recognition with several awards, including the…

TuesdayJun 20, 2023 3:06 pm

QualityStocksNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Featured in Taking Care of Business Newscast

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) is committed to providing commercially viable and sustainable clean technology solutions, including an on-farm/onsite, containerized green ammonia (“NH3”) production system that eliminates carbon emissions from the production of NH3. The company’s board chair and CEO Ian Clifford recently sat down with Mario Toneguzzi, the managing editor of Canada’s podcast. In the interview, Clifford discussed FuelPositive’s business model and innovative technology that will play a role in the massive global decarbonization movement in multiple sectors. “You can be part of a multibillion-dollar, 100-year-old industry that needs disrupting,” Clifford said, when asked by Toneguzzi why he should…

TuesdayJun 20, 2023 2:10 pm

QualityStocksNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Expands IP Portfolio with Four New Patents

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced its receipt of four newly granted patents. The company secured two new Canadian patents, its 18th in its patent family No. 1: Food and Beverage Compositions Infused with Lipophilic Active Agents and Methods of Use Thereof, and No. 8 in its: Compositions Infused with Nicotine Compounds and Methods of Use Thereof. Lexaria was also granted two new U.S. patents under its patent family No. 21. The first being for Pharmaceutical Compositions and Methods for Treating Hypertension, as well as the second being for Compositions and Methods…

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