News Archives - Page 5 of 78

ThursdayFeb 22, 2024 10:15 am

TinyGemsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Regains Compliance with Nasdaq Listing Rule 5550(a)(2)

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company with a custom-developed, industry-leading Fr8App freight-matching platform offering a real-time portal for B2B cross-border and domestic shipping within the USMCA region. The company previously announced its receipt, in August 2023, of written notification from the Nasdaq Stock Market LLC that it did not comply with the minimum bid price requirement for continued listing on the Nasdaq Capital Market per Listing Rule 5550(a)(2) because the closing bid price for the company's ordinary shares had fallen below $1.00 per share for 30 consecutive business days. On Feb. 20, 2024, Fr8Tech received notification that…

WednesdayFeb 21, 2024 1:43 pm

TinyGemsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports on Anticipated Timeline for Class 1 EV Cargo Vans CBP Ruling

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting an update on its U.S. Customs and Border Protection (“CBP”) application for Class 1 EV cargo vans. According to the update, CBP notified counsel on Feb. 20, 2024, that a determination on the ruling request should be made in the next one to two months. The company noted that CBP ruling requests are typically processed on a first-in, first-out basis and that decisions are usually made between 45 to 90 days, although some decisions may take longer, depending on the agency’s caseload. “On Nov. 24, 2023, Mullen and Rapid…

TuesdayFeb 20, 2024 2:11 pm

TinyGemsBreaks — Diamond Lake Minerals Inc. (DLMI) Invests in Avrio Worldwide PBC, Acquires Stake in Company

Diamond Lake Minerals (OTC: DLMI), a new industry innovator leading the way in digital assets and SEC-registered security tokens, has made a strategic investment in Avrio Worldwide PBC. In addition, Avrio will deploy its registered digital financial market infrastructure (“dFMI”) for the tokenization of digital assets across DLMI’s network of companies and with a current market capitalization of an estimated $150 million, DLMI will acquire a 24% stake in Avrio, which is a parent company of several companies delivering licensed digital financial market infrastructure and services across public, private and digital markets. Avrio has an ATS technology that can be…

TuesdayFeb 20, 2024 1:47 pm

TinyGemsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces Closing of $3.6M Registered Direct Offering

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug-delivery platforms, has closed on a registered direct offering. The offering included the purchase and sale of 1,558,443 shares of common stock (or common stock equivalents in lieu thereof) offered at $2.31 per share. The company also noted that, in a concurrent private placement, it issued unregistered warrants to purchase up to 1,558,443 shares of common stock. The shares were offered at an exercise price of $2.185 per share and were immediately exercisable upon issuance with an expiration date five years following the date of issuance. H.C. Wainwright & Co. acted…

TuesdayFeb 20, 2024 10:01 am

TinyGemsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Serves as ‘Distinguished Marketplace Partner’ at Seventh Annual Geotab Connect 2024 Gathering

Freight Technologies (NASDAQ: FRGT), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by artificial intelligence (“AI”) and machine-learning and offering a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, is participating in this month’s Geotab Connect 2024 event. The company received a special invitation to participate in the prestigious event, which is hosted by Geotab, a global leader in connected transportation solutions. The event was held from Feb. 14–16 in Las Vegas. According to the announcement, the three-day Geotab Connect 2024 event is designed to offer unparalleled insights into the ever-evolving landscape…

FridayFeb 16, 2024 3:25 pm

TinyGemsBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Spotlighted as ‘Disruptive Force’ in Electrification of Recreational Boating

Vision Marine Technologies Inc. (NASDAQ: VMAR) was featured in the latest episode of The GotStocks Podcast published by NetworkNewsWire (“NNW”), one of 60+ brands within the Dynamic Brand Portfolio @ IBN (Investor Brand Network). The episode discusses a publication entitled “The Electrifying Rise of Electric Boats,” which spotlights Vision Marine Technologies as the company that offers the first fully electric, purpose-built outboard powertrain system of its type, with unparalleled capabilities. “The raucous rumble of combustion engines is fading, systematically replaced by the high-performance hum of electric propulsion that’s transforming every aspect of transport. Electric cars have moved mainstream with both…

ThursdayFeb 15, 2024 12:01 pm

TinyGemsBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR) Announces New Rotomolded Boat Model, Inks Exclusive Florida Distribution Deal

Vision Marine Technologies (NASDAQ: VMAR), an innovator in the performance electric recreational boating industry, has unveiled its newest offering: the Phantom. The company announced the new rotomolded, recyclable and hard-to-damage boat at the Miami International Boat Show 2024. According to the announcement, the Phantom is a breakthrough in rotomolded boat design that offers significant market advantages through its economic and environmental benefits. The company anticipates producing an estimated 300 units annually at 70% less than the production costs of fiberglass alternatives, with potential scalability to 1,500 units per year. In addition, Vision Marine announced that it has entered an exclusive…

ThursdayFeb 15, 2024 11:40 am

TinyGemsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Reports on $3.6M Registered Direct Offering

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug-delivery platforms, has entered into definitive agreements. The agreements are for the purchase and sale of 1,558,443 shares of common stock (or common stock equivalents in lieu thereof) offered at $2.31 per share (or per common stock equivalent in lieu thereof). The agreements are part of a registered direct offering priced in adherence with NASDAQ rules. In addition, the company noted that in a concurrent private placement, it will issue unregistered warrants to purchase up to 1,558,443 shares of common stock. Those shares will be offered at an exercise price of…

WednesdayFeb 14, 2024 10:43 am

TinyGemsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Releases Financial Numbes for Q2 2024, Corporate Update

InMed Pharmaceuticals (NASDAQ: INM), a leader in the manufacturing, development and commercialization of rare cannabinoids and proprietary cannabinoid analogs, is reporting on its financial results for Q2 2024, the period ended Dec. 31, 2023. The company also provided a corporate update, including plans to advance two preclinical programs in Alzheimer's and age-related macular degeneration. Highlights of the report included that the company closed the 2023 calendar year in a cash position of $9.5 million and with 164% revenue growth in business subsidiary, BayMedica. “This period was another strong operational quarter for the company, as we expanded our pharmaceutical pipeline with…

TuesdayFeb 13, 2024 3:42 pm

TinyGemsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Financial Report, Company Update on ‘Strongest Quarter to Date’

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting financial results for the three months ended Dec. 31, 2023; the company is also reporting a business update. Highlights of the report included the company regaining compliance with the NASDAQ minimum-bid price requirement in January; the achievement of several key milestones, including CARB and federal EPA and NHTSA certification for its Class 1 and Class 3 vehicles, as well as IRS approval as a “qualified manufacturer”; the completion of its lightweight service truck body for the All-Electric Mullen THREE; the submission of a preapplication to the U.S. Department…

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