News Archives - Page 85 of 90

MondayJul 11, 2022 11:59 am

TinyGemsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Enters Agreement Putting Cargo Van Program ‘Front and Center for Last Mile Delivery Opportunities’

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced its entry into a binding agreement with DelPack Logistics LLC (“DPL”), an Amazon Delivery Service Partner, for DPL to purchase up to 600 Mullen Class 2 EV cargo vans over the next 18 months. The vans will be fully homologated for the United States and equipped with all airbags as required by U.S. standards and a cabin comfort package, including adjustable seats, cup holders, an infotainment system, and comfortable passenger seat. In addition, the EV cargo vans will carry a minimum of an 80 kilowatt per hour battery…

MondayJul 11, 2022 11:42 am

TinyGemsBreaks – Cybin Inc. (NYSE American: CYBN) (NEO: CYBN) Acquires DMT Study Expected to Accelerate Clinical Development Path of CYB004

Cybin (NYSE American: CYBN) (NEO: CYBN), a biopharmaceutical company focused on progressing “Psychedelics to Therapeutics(TM),” today announced that, through its wholly-owned subsidiary Cybin IRL Limited, it has completed the acquisition of a phase 1 N,N-dimethyltryptamine (“DMT”) study from Entheon Biomedical Corp. (CSE: ENBI) (OTCQB: ENTBF) (FSE: 1XU1). The DMT study, which is the largest to date, is expected to accelerate the clinical development path of Cybin’s proprietary deuterated DMT molecule for the potential treatment of anxiety disorders, CYB004, by approximately nine months. “With the closing of this transaction, we are well on our way to advancing CYB004 through phase 1…

MondayJul 11, 2022 11:21 am

TinyGemsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Names Former Amazon, Boeing Exec as CFO

Flora Growth’s (NASDAQ: FLGC), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, has announced a new chief financial officer. Former Amazon and Boeing official Elshad Garayev has accepted the new position and will be joining the FLTC team on the business day following the date on which the company files its mid-year financial results with the Securities and Exchange Commission. Garayev has more than two decades of financial leadership experience, and has worked at Amazon, Boeing, BP and RPK Capital. In his new role, he will focus on FLGTC growth initiatives as well as financial…

FridayJul 08, 2022 12:52 pm

TinyGemsBreaks – Knightscope Inc. (NASDAQ: KSCP) Secures New Contract with Storage Facility in Napa Valley

Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies focused on enhancing U.S. security operations, announced its entry into a new agreement with a storage facility in Napa, California. The announcement reads, “The use of storage facilities has increased 65% over the past 15 years. While such facilities are generally safe, they often experience break-ins leaving personal possessions and commercially stored items at risk. Knightscope’s K5 Autonomous Security Robot (‘ASR’) will patrol the storage facility to further enhance the protection offered to tenants that choose to store their belongings with them. Prospective renters are encouraged to do their due…

FridayJul 08, 2022 10:57 am

TinyGemsBreaks – Aditxt Inc. (NASDAQ: ADTX) Moves One Step Closer to In-Human Trials with Completion of Preclinical Toxicity Study

Aditxt Inc. (NASDAQ: ADTX), a biotech innovation company developing and commercializing technologies focused on monitoring and reprogramming the immune system, has successfully completed a toxicology study evaluating Adimune(TM), its proprietary therapeutic program. The study indicates the safety profile of ADI(TM)-100, ADTX’s immunotherapeutic technology drug, which is designed to treat the rejection of transplanted organs, skin allografting, autoimmune diseases and allergies. Calling the study results “promising,” the company noted that those results will provide vital supporting evidence when Aditxt moves forward with an investigational new drug (“IND”) application with the regulatory agencies. According to the announcement, ADI-100 is made of two DNA…

WednesdayJul 06, 2022 12:05 pm

TinyGemsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Results of Annual Meeting of Shareholders, Board Appointment of Brandon Konigsberg

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, today announced that the company’s shareholders voted in favor of all of the proposals submitted for their approval at Flora’s July 5 annual meeting. In addition to the re-election of the company’s six incumbent directors, shareholders also elected Brandon Konigsberg to serve on the board. Further to his responsibilities as a board member, Konigsberg will serve as chair of the audit committee and as a member of the compensation committee. “The addition of Mr. Konigsberg to our board is further testament to our ongoing…

TuesdayJul 05, 2022 12:11 pm

TinyGemsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Eliminates $17.5M in Debt, in Best Financial Health in Company History

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has eliminated $17.5 million in company debt, resulting in a reduction of debt from more than $30 million last year to an estimated $11 million currently. The eliminated debt was related to a secured convertible promissory note with DBI Lease Buyback Servicing LLC, an affiliate of Drawbridge Investments LLC. The announcement noted that the company is committed to strengthening its overall financial balance sheet and currently is in the best financial health in its history. “We continue to make great progress on our overall company financial health,” said Mullen Automotive CEO…

ThursdayJun 30, 2022 1:30 pm

TinyGemsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Expects to Report >$61M in Cash, Cash Equivalents After Significantly Strengthening Balance Sheet

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it expects to report in excess of $61 million in cash and cash equivalents on June 30, 2022, after having significantly strengthened its balance sheet over the quarter-ending June 30, 2022. In the update, Mullen restated previously released highlights, including recent delivery of its first EV van under a pilot program to a telecommunications provider in the southeastern part of the U.S., payoff of a secured convertible promissory note executed on July 23, 2020, with DBI Lease Buyback Servicing LLC, as well as the company’s addition to…

TuesdayJun 28, 2022 1:10 pm

TinyGemsBreaks – GreenBox POS (NASDAQ: GBOX) Issues Letter to Shareholders

GreenBox (NASDAQ: GBOX), an emerging and rapidly growing financial technology company, today announced a CEO letter to shareholders. In the letter, GBOX Chief Executive Officer Fredi Nisan discussed the company’s maturation over the years and his encouragement in the company’s accomplishments and future. “No doubt, we are keenly aware of volatile changes in the competitive landscape and business environment that have left numerous organizations rethinking their strategy. Nonetheless, we remain laser-focused on the long-term execution of our business strategy, with steadfast confidence in our highly differentiated technology,” Nisan stated. “Our commitment to driving shareholder value is not, and should not,…

TuesdayJun 28, 2022 12:44 pm

TinyGemsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN), Adelia Announce Achievement of Milestone

Cybin (NEO: CYBN) (NYSE American: CYBN), a biotechnology company focused on progressing psychedelic therapeutics, a biotechnology company focused on progressing Psychedelics to Therapeutics(TM), and its wholly controlled subsidiary Adelia Therapeutics Inc., have announced the achievement of a key milestone. The milestone is identified as Y2, Q3 in the contribution agreement created between Adelia and Cybin when the company acquired Adelia. Reaching the milestone means that an estimated 37,366.2 class B common shares in Cybin will be issued to Adelia shareholders; the issuance of the shares represents the approximately $217,465 that Cybin agreed to pay if the key milestone was achieved. Adelia…

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