News Archives - Page 78 of 87

TuesdayAug 09, 2022 1:11 pm

TinyGemsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Preliminary Q3 Results

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced preliminary third-quarter results. According to the update, in addition to recent highlights and successes for the company and its EV programs, Mullen is in a strong financial position, with approximately $99 million in cash and cash equivalents on hand as of Aug. 8, 2022. Among the highlights, the company reported asset growth of 391% and positive working capital of $27,656,446. “It’s an exciting and pivotal time for Mullen as we continue to experience exceptional growth,” said David Michery, CEO and chairman of Mullen Automotive. “We’ve been focused on…

TuesdayAug 09, 2022 12:37 pm

TinyGemsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Announces Board Appointment, Changes

InMed Pharmaceuticals (NASDAQ: INM), a leader in the research, development, manufacturing and commercialization of rare cannabinoids, today announced the appointment of Nicole Lemerond to its board of directors, effective immediately. Lemerond is a financial executive with over 25 years of experience in investment management, private equity, investment banking and leveraged finance. Throughout her career, she has established and led health care groups at leading investment firms and has also worked at several large financial institutions, including Lehman Brothers and The Carlyle Group. Concurrent with Lemerond’s appointment, Adam Cutler has decided to transition off the board of directors. Cutler has served…

TuesdayAug 09, 2022 11:53 am

TinyGemsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Unveils Equity Program, Releases Q1 Financial Report

Cybin (NEO: CYBN) (NYSE American: CYBN), a biopharmaceutical company focused on progressing Psychedelics to Therapeutics(TM), has announced an at-the-market equity program allowing the company to issue and sell up to $35 million of common shares. According to the announcement, the shares can be sold “from time to time” through the Neo Exchange, the NYSE American LLC or any other “marketplace” upon which the shares are listed, quoted or traded, at the prevailing market price at the time of sale. The company anticipates using any proceeds from the sales of these shares for growth opportunities and working capital initiatives. In addition, Cybin…

TuesdayAug 09, 2022 10:12 am

TinyGemsBreaks — Cepton Technologies Inc. (NASDAQ: CPTN) Releases Q2 2022 Financial Report, Corporate Update

Cepton Technologies (NASDAQ: CPTN) is reporting its financial results for the second quarter 2022, the period ended June 30, 2022; the report also included business updates for the Silicon Valley innovator and leader in high-performance Micro Motion Technology(RM) (“MMT”) lidar solutions. Highlights of the report included news of CPTN’s OEM Series production execution, including continued ramp of D-sample shipments for end delivery to multiple OEM vehicle manufacturing plants across multiple states as well as the completion of a lead-OEM site audit of the company’s Japan manufacturing facility; in addition, the report noted that Cepton has selected Fabrinet as key submodule supplier…

MondayAug 08, 2022 12:22 pm

TinyGemsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Names New Design VP

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has appointed Andre Hudson as its new vice president of design. An experienced vehicle design expert, Hudson has a track record of compelling design and brand vision leadership, including several highly successful concept and production vehicles in the marketplace. During his 25-year career, he has served a head of product design at IndiEV in addition to working with General Motors Co., Hyundai and Icona Design. “We are fortunate to have Andre on board,” said Mullen Automotive CEI and chair David Michery in the press release. “He will play a key…

MondayAug 08, 2022 11:24 am

TinyGemsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Reports Second Quarter 2022 Results

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, has filed its Q2 2022 financial results for the period ended June 30, 2022; the company also scheduled a webcast to discuss those results. The webcast is slated for Aug. 9, 2022, at 4 p.m. EDT. Highlights of the report show that Energy Fuels has a robust balance sheet with $134.1 million of working capital; total includes $86.4 million in cash and cash equivalents, $11.8 million marketable securities and $28.6 million of inventory with no debt; the report noted that at current commodity prices, the company's product inventory has a…

WednesdayAug 03, 2022 3:33 pm

TinyGemsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Records First $9M Quarter

Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of gaming platforms, systems and gaming content, today announced it recorded record revenues exceeding $9 million in the third fiscal quarter ended July 31, 2022. According to the update, this represents an estimated 177% improvement on revenues of $3.25 million in the comparable year-ago quarter. “We are excited by meaningful progress and growth in both our B2B and B2C divisions,” said Golden Matrix CEO Brian Goodman. “The company has now recorded its first $9 million quarter, which is even more impressive when considering the impact of global economic headwinds and an…

WednesdayAug 03, 2022 1:51 pm

TinyGemsBreaks – Knightscope Inc. (NASDAQ: KSCP) Announces Significant Expansion of Service to PG&E, Utility Company Doubles Number of ASRs under Contract

Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies committed to enhancing U.S. security operations, continues to expand its footprint as new clients sign up for the K5 Autonomous Security Robots (“ASRs”) and existing clients add to their contracts. The most recently announced growth comes as the Pacific Gas and Electric Company (“PG&E”), the leading subsidiary of the holding company PG&E Corporation (NYSE: PCG), has ordered an additional five ASRs. PG&E has now contracted with Knightscope for 10 robots, which provide the levels of safety and overwatch necessary to secure the client’s properties. According to the announcement, PG&E first…

WednesdayAug 03, 2022 10:27 am

TinyGemsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Adds EV Technology Team Centrally Located to Motor City Resources

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the addition of a new EV Technology team, focusing on developing EV technologies for Mullen’s portfolio of commercial vans. Located in Pontiac, Michigan, and centrally located to all automotive resources the Motor City Area has to offer, the team will be home to a new division of engineers and technology developers focused on Mullen’s Class 1 – 5 commercial vehicle development. The “Detroit Tech Center” and its team will play a critical role in Mullen’s goal of developing highly efficient EV technology that utilizes less energy consumption while…

TuesdayAug 02, 2022 12:40 pm

TinyGemsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) CEO Spotlighted in Benzinga Live Interview

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, will be the topic of discussion in an upcoming Benzinga YouTube channel interview. The live interview, hosted by Zunaid Sulemanet and slated for Aug. 4, 2022, at 1:30 p.m. ET will feature Mullen CEO and chair David Michery. According to the announcement, Michery’s previous interviews with Benzinga have been some of its most popular events, with viewers from around the world watching the live one-on-one discussions. “I look forward to connecting with Benzinga later this week, especially after a recent health event that kept me away from the office for…

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