QualityStocksNewsBreaks Archives - Page 80 of 1419

ThursdayJan 30, 2025 2:25 pm

QualityStocksNewsBreaks – U.S. Energy Corp. (NASDAQ: USEG) Secures $12.1M in Underwritten Public Offering

U.S. Energy (NASDAQ: USEG) has announced the closing of its underwritten public offering of 4,871,400 shares of its common stock, which included 635,400 shares sold pursuant to the exercise in full of the over-allotment option, par value $0.01 per share, at a public offering price of $2.65 per share. U.S. Energy secured approximately $12.1 million in total net proceeds, which it intends to use to fund growth capital for its industrial gas development project, including new industrial gas wells and processing plant and equipment, and to support upcoming operations. In addition, the proceeds received from the exercise of the over-allotment…

ThursdayJan 30, 2025 1:40 pm

QualityStocksNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Surpasses Market Expectations with Strong Q4 Earnings

Meta (NASDAQ: META) is a leading technology company known for its popular social media platforms, Facebook and Instagram. The company recently reported its fourth-quarter earnings for 2024, surpassing market expectations. Meta achieved earnings per share (“EPS”) of $8.02, exceeding the analyst estimate of $6.76. The company’s revenue for the quarter reached $48.39 billion, surpassing the anticipated $46.99 billion. Meta’s strong performance is largely attributed to advancements in artificial intelligence (“AI”), which have significantly bolstered its core advertising business. The Family of Apps, which includes Facebook, Instagram, WhatsApp, and Messenger, generated total revenue of $47.3 billion, marking a year-over-year increase from…

ThursdayJan 30, 2025 11:50 am

QualityStocksNewsBreaks – Sharps Technology Inc. (NASDAQ: STSS) Secures $20M in Underwritten Public Offering

Sharps (NASDAQ: STSS), an innovative medical device and pharmaceutical packaging company offering patented, best-in-class syringe products, has announced the closing of its firm commitment underwritten public offering. The company secured approximately $20.0 million in gross proceeds from the offering that closed on Jan. 29, 2025. The company granted Aegis Capital Corp. a 45-day option to purchase additional shares of common stock and/or warrants as detailed in the announcement. Aegis acted as the sole book-running manager for the offering. Sichenzia Ross Ference Carmel LLP acted as counsel to the company, and Kaufman & Canoles, P.C. acted as counsel to Aegis. To…

ThursdayJan 30, 2025 11:40 am

QualityStocksNewsBreaks – Lakeland Industries, Inc. (NASDAQ: LAKE) Closes Underwritten Public Offering

Lakeland (NASDAQ: LAKE) (Lakeland Fire + Safety), a leading global manufacturer of protective clothing for industry, healthcare, and first responders, has closed an underwritten public offering of 2,093,000 shares of its common stock, which includes 273,000 shares pursuant to the full exercise of the over-allotment option granted to the underwriters. The shares were each sold at a public offering price of $22. Roth Capital Partners acted as sole book-running manager for the offering. For more information, visit https://ibn.fm/fB7c7 About Lakeland Fire + Safety Lakeland Fire + Safety manufactures and sells a comprehensive line of fire services and industrial protective clothing…

ThursdayJan 30, 2025 10:35 am

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Expands U.S. Battery Production with Nikola Equipment Purchase

Mullen Automotive (NASDAQ: MULN) announced the acquisition of additional battery line equipment from Nikola Corporation to enhance its Fullerton, California, battery operations. The facility, dedicated to producing next-generation American-made battery packs and solid-state polymers, will now include two high-volume standard battery chemistry lines, a solid-state polymer R&D line, and an expanded testing laboratory. The move aligns with Mullen’s commitment to domestic battery production and reduced reliance on foreign imports. The company has also submitted a revised plan to the U.S. Department of Energy, seeking $55 million in matching funds to support its U.S.-based battery and pack manufacturing capabilities. To view…

ThursdayJan 30, 2025 10:25 am

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Featured in New Video Series by Allan Barry Laboucan

McEwen Mining (NYSE: MUX) (TSX: MUX), an asset rich diversified gold and silver producer with a large exposure to copper through its McEwen Copper subsidiary, was recently featured in a new video series launched by Allan Barry Laboucan called “Insights into Drilling.” Allan has spent 30 years of his life watching drill results, drill programs, drill models and reasons for drilling. He sees it as the lifeblood of the mining business. In an email to subscribers introducing the first video of the series, he wrote, “McEwen Mining has catalysts from their world-class copper development project, strong improvement to their bottom…

WednesdayJan 29, 2025 1:10 pm

QualityStocksNewsBreaks – PayPal Holdings Inc. (NASDAQ: PYPL) and Venmo Mobilize to Support Los Angeles Wildfire Relief Efforts

In response to the devastating wildfires in Los Angeles, PayPal (NASDAQ: PYPL) and its customers have collectively raised $1.65 million to aid relief efforts. PayPal has committed to matching 100% of donations up to $1 million, with individual contributions matched up to $1,000 per donor until Feb. 12, 2025. The funds are directed to organizations such as the California Community Foundation’s Wildfire Relief Fund, which provides immediate and long-term support to affected individuals and communities. Additionally, PayPal’s subsidiary, Venmo, has announced further support for FireAid initiatives, enabling users to contribute directly through the Venmo app. This initiative aims to leverage…

WednesdayJan 29, 2025 10:10 am

QualityStocksNewsBreaks – HeartBeam Inc. (NASDAQ: BEAT) Submits FDA Application for 12-Lead ECG Synthesis Software

HeartBeam (NASDAQ: BEAT), a medical technology company advancing cardiac care, has submitted a 510(k) application to the U.S. Food and Drug Administration (“FDA”) for its 12-lead electrocardiogram (“ECG”) synthesis software. The software is designed to assess cardiac rhythms and arrhythmias, including atrial fibrillation, atrial flutter, bradycardia, and tachycardia. The submission is supported by data from the VALID-ECG pivotal study, which enrolled 198 patients across five clinical sites and demonstrated clinical equivalence to standard 12-lead ECGs. HeartBeam recently secured FDA clearance for its patented technology that captures heart signals from three directions and synthesizes them into a traditional 12-lead ECG format.…

WednesdayJan 29, 2025 9:55 am

QualityStocksNewsBreaks – Calidi Biotherapeutics Inc. (NYSE American: CLDI) to Host Investor Webinar on Feb. 5

Calidi Biotherapeutics (NYSE American: CLDI), a clinical-stage biotechnology company advancing targeted antitumor virotherapies, will host an investor webinar on Feb. 5, 2025, at 4:15 p.m. ET. The event, organized by RedChip Companies, will feature CFO Andrew Jackson and CSO Antonio F. Santidrian, PharmD, PhD, discussing Calidi’s cell-based delivery platforms designed to enhance oncolytic virus-based cancer treatments. Topics will include the company’s lead programs, such as CLD-400 for metastatic cancers, CLD-201 for advanced solid tumors, and CLD-101 for high-grade glioma. A live Q&A session will follow. To view the full press release, visit: https://ibn.fm/R3jSL About Calidi Biotherapeutics Calidi Biotherapeutics specializes in…

TuesdayJan 28, 2025 1:00 pm

QualityStocksNewsBreaks – Diamcor Mining Inc. (TSX.V: DMI) (OTCQB: DMIFF) (FRA: DC3A) Enters LOI for $5.0M Term Loan

Diamcor (TSX.V: DMI) (OTCQB: DMIFF) (FRA: DC3A) is a well-established Canadian diamond mining company with a proven history in the mining, exploration and sale of rough diamonds. The company has announced its entry into a non-binding letter of intent (“LOI”) for a non-dilutive financing of up to USD $5,000,000 with a well-established Dubai-based manufacturer and supplier of bridal and anniversary diamonds to the global market. “This financing is the result of long-term relationships we have developed with key associates in Dubai over many years, and the mutual vision our companies share on the merits of building a growing supply of…

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