News Archives - Page 13 of 87

TuesdayMar 05, 2024 2:55 pm

TinyGemsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Adds Two New Dealers to Growing Distributorship Network

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, announced that its subsidiary, Bollinger Motors, is expanding its footprint. The company has named an additional two dealership groups as it rolls out its commercial truck line. The two dealership groups — Nacarato Truck Centers and Nuss Truck and Equipment — span seven states and include 11 locations. A U.S.-based company headquartered in Michigan, Bollinger Motors develops all-electric commercial chassis cab trucks. The company is beginning its rollout with its B4 Chassis Cab, an all-new, all-electric Class 4 commercial truck designed from the ground up with extensive fleet and upfitter input, which…

MondayMar 04, 2024 12:45 pm

TinyGemsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Reports Weight-Loss Results in Animal Study, Begins Eight-Week Follow-Up Study

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug-delivery platforms, is reporting glucose reduction and weight-loss results in a testing of its wholly owned and patented DehydraTECH-CBD formulation. According to the announcement, when administered to rodents in an eight-week study, DehydraTech-CBD resulted in weight loss of 7% and a reduction of 19.9% (p<0.05) in blood glucose. As a result, Lexaria has now signed contracts to begin a large, multiweek animal study that will substantially progress its DehydraTECH-GLP-1 and DehydraTECH-CBD weight-loss investigations. In addition, the announcement also noted that the company had published results of a human study, which showed that a single…

FridayMar 01, 2024 12:56 pm

TinyGemsBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Appoints Raffi Sossoyan as New Chief Financial Officer

Vision Marine Technologies Inc. (NASDAQ: VMAR), a trailblazer in electric recreational boating, today announced Raffi Sossoyan as its new chief financial officer (“CFO”). Sossoyan brings a wealth of experience, with over 25 years in global financial and operational leadership. In his recent role as VP, corporate treasury at Velan Inc. (TSX: VLN), a Canadian multinational company, he managed financial operations amidst global sales exceeding US$370 million. According to the announcement, Sossoyan’s tenure as CFO at Valtech Fabrication Inc., where he drove worldwide sales beyond US$50 million, further highlights his capacity to spearhead financial growth and success. “This strategic appointment marks…

FridayMar 01, 2024 12:11 pm

TinyGemsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Cleared to Commence HYPER-H23-1 Clinical Trial

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced that the U.S. Food and Drug Administration (“FDA”) has confirmed the effectiveness of the company’s investigational new drug (“IND”) application thereby clearing Lexaria to conduct its planned U.S. Phase 1b hypertension clinical trial HYPER-H23-1 utilizing DehydraTECH-CBD. According to the announcement, the company is pleased to have complied with the FDA’s rules and procedures for clearance to perform this important registrational trial. The company will further announce when it is ready to begin the study, subject to certain conditions, including raising sufficient funding. “This is a significant…

ThursdayFeb 29, 2024 2:06 pm

TinyGemsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Begins Road Testing on Solid-State Polymer Battery Pack

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has moved to the next phase in testing an integrated solid-state polymer battery pack in its Class 1 EV cargo vans. According to the announcement, vehicle road testing began this week on the battery pack. The company began initial lab testing of the latest phase of solid-state polymer battery packs in January by installing the battery pack in the Class 1 EV cargo van to monitor system compatibility between the vehicle and pack; performance testing also included on-road drive cycles and Dyno testing at an EPA-certified lab. The company initially…

WednesdayFeb 28, 2024 12:16 pm

TinyGemsBreaks — Diamond Lake Minerals Inc. (DLMI) Spotlighted in Latest NNA Broadcast Focused on Avrio Investment

Diamond Lake Minerals (OTC: DLMI), a multistrategy operating company offering traditional investors an entry point to the future of digital securities, is featured in a recent NetworkNewsAudio (“NNA”) broadcast. According to the announcement, the broadcast covers news of Diamond Lake Minerals’ strategic investment in Avrio Worldwide, PBC, which is the parent of several companies that provide licensed digital financial market infrastructure and services across public, private and digital markets. DLMI’s investment in Avrio offers key opportunities and synergies across the DLMI network of companies for the tokenization of real-world-assets (“RWA”) on Avrio’s registered dFMI, noted an Avrio official. NNA is focused…

TuesdayFeb 27, 2024 12:52 pm

TinyGemsBreaks – Diamond Lake Minerals Inc. (DLMI) Featured as ‘Beacon of Innovation’ in Corporate Investment Times

Diamond Lake Minerals (OTC: DLMI), a multi-strategy operating company that specializes in the development and support of digital assets and SEC-registered security tokens, was featured in the most recent edition of the Corporate Investment Times. The article, titled “Pioneering the Future of Digital Assets and Security Tokens,” discusses a profound transformation in the financial world driven by the emergence of tokenization. In this new realm, “visionaries such as Larry Fink of BlackRock and Jonathan Larsen of Ping A Global Voyager Fund foresee a future where digital assets traded on innovative protocols revolutionize transactions… where settlements occur instantaneously, and fees plummet,…

TuesdayFeb 27, 2024 12:15 pm

TinyGemsBreaks – Freight Technologies Inc.’s (NASDAQ: FRGT) Fr8App to Help Manage Transportation Needs for Envases Universales

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a technology company whose custom-developed, industry leading Fr8App freight-matching platform offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, today announced a significant collaboration with Envases Universales, one of the largest packaging companies worldwide. According to the announcement, Fr8App was awarded key routes through Envases’ annual 2024 RFQ, underscoring its commitment to delivering exceptional transportation services and its capability to meet the evolving needs of its clients. “We are thrilled to have been chosen by Envases Universales to help manage their transportation needs over the coming year,” said Fr8App’s CEO…

MondayFeb 26, 2024 2:06 pm

TinyGemsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Update Strategic Focus on Commercial Vehicle Segment

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting on its continued focus on the commercial vehicle segment with production and deliveries of its Class 1 and Class 3 commercial EVs. According to the announcement, the company is in full commercial production of the Class 1 and Class 3 EV vehicles while subsidiary Bollinger Motors is focused on Class 4–6 vehicles; production of the Class 4 EV is set to begin in the second half of 2024. In addition, Mullen saw positive gross margin per Class 1 and Class 3 vehicles invoiced. The company also noted that…

FridayFeb 23, 2024 11:47 am

TinyGemsBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR) Enters Exclusive Distributor Agreement, Receives ‘Significant’ PO

Vision Marine Technologies (NASDAQ: VMAR), an innovator in the performance electric recreational boating industry, has entered into a “groundbreaking” partnership with Nautical Ventures Marine Group. According to the announcement, partnership includes an initial purchase order (“PO”) for 50 of VMAR’s innovative rotomolded, recyclable boat, known as the Phantom. In addition, the agreement establishes an exclusive distributorship arrangement between the two companies, identifying Nautical Ventures Marine Group, a premier provider of maritime products and services, as the sole distributor of the Phantom in the growing South Florida market. The company observed that the Phantom has already established a reputation for its…

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