TinyGemsBreaks Archive - Page 55 of 139

MondayDec 18, 2023 10:40 am

TinyGemsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Adjournment of Special Meeting

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, adjourned its Special Meeting of Stockholders, which convened on Dec. 15, 2023; the meeting is slated to begin today at 9:30 a.m. PT. According to the announcement, the decision to adjourn the meeting was made to provide time to solicit proxies regarding a proposal that had been submitted to stockholders for approval. The company noted that the proposal, Proposal 1, seeks stockholder approval to amend the company’s certificate of incorporation to effect a reverse stock split of MULN’s outstanding common stock at an exchange ratio between 1-for-2 to 1-for-100; the specific…

FridayDec 15, 2023 3:28 pm

TinyGemsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Targeting New and More Lucrative Global Markets

Lexaria Bioscience Corp. (NASDAQ: LEXX), a global innovator in drug delivery platforms, is exploring the impact of its patented DehydraTECH(TM) technology on the oral performance of GLP-1 drugs for the treatment of diabetes and weight loss. “The move could help Lexaria carve out an important market share for an industry that is projected to bring in between $150 billion and $200 billion a year. Given the positive results the company has achieved so far in its diabetes and hypertension clinical studies, Lexaria is optimistic that its foray into GLP-1 drugs will yield positive results and open up its technology to…

ThursdayDec 14, 2023 1:50 pm

TinyGemsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Begins Shipping Class 3 EV Trucks to NRTC Automation Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has commenced delivering its Class 3 EV low cab forward to Alabama-based NRTC Automation Group. NRTC, which has locations in South Carolina, Michigan and Ontario, placed the Class 3 purchase order in August 2023 and plans to use the Mullen THREE as part of its vehicle fleet, specifically for shuttle runs to local customer locations. The company has been in the automation space for automotive manufacturing integration since 2012. NRTC has worked with Mullen and been part of the Mullen THREE build operation, a company official stated. Production of the…

ThursdayDec 14, 2023 12:50 pm

TinyGemsBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Enters into Private Placement of Convertible Preferred Shares, Warrants Totaling $3M

Vision Marine Technologies (NASDAQ: VMAR), a global leader and innovator within the performance electric recreational boating industry, has entered into definitive securities purchase agreements with several institutional and accredited investors for the sale of its preferred shares and warrants. According to the announcement, the company sold 3,000 nondividend-bearing Series A preferred shares, with a stated value of $1,000 per share; the company also sold warrants to purchase up to 2,857,142 of its common shares. Gross proceeds from the agreements resulted in $3 million before deducting standard fees and offering expenses. The agreement also included an option for investors to purchase…

ThursdayDec 14, 2023 9:59 am

TinyGemsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) AI Logistical Platform Chosen by Amazon Mexico for Second Consecutive Year

Freight Technologies (NASDAQ: FRGT), a technology-driven logistics company powered by its proprietary artificial intelligence (“AI”) and machine learning Fr8App platform has been selected by Amazon Mexico (Amazon.com Inc. (NASDAQ: AMZN) again for its logistical solutions. Fr8App uniquely provides a real-time portal for business-to-business (“B2B”) cross-border shipping and domestic shipping within the United States, Mexico, and Canada (“USMCA”) region. According to the announcement, Amazon Mexico has chosen Fr8App for the second year in a row to support and assist with navigating the logistic complexities of the high-demand season. The company reported that more than 670 cargo loads have been moved between Amazon distribution…

WednesdayDec 13, 2023 10:50 am

TinyGemsBreaks – GEMXX Corporation (GEMZ) Releases Updated Status Report on Milestones, Upcoming Expansion Strategy

GEMXX (OTC: GEMZ), a leader in the ammolite gemstone mine-to-market segment and a partner in Canadian gold exploration Company Crazy Horse Mining Inc., is reporting on its current status. According to the announcement, the company has achieved several key milestones recently, including completing the third and final clean-out and recording of gold production at the Snow Creek Mine site for the 2023 mining test season; engaging Aurora Geosciences to complete S-K 1300 technical reports on company-owned and operated assets; signing a binding Letter of Intent to acquire an initial 50% stake in the Yukon Gold Project; securing 75% of mining…

TuesdayDec 12, 2023 2:10 pm

TinyGemsBreaks – Diamond Lake Minerals Inc.’s (DLMI) Positioning in Digital Assets Revolution Featured in Benzinga Article

Diamond Lake Minerals (OTC: DLMI), which specializes in the development and support of digital assets and SEC-registered security tokens, was featured in a Benzinga Crypto article. The piece discusses DLMI’s pioneering efforts to integrate traditional assets into digital finance and its focus on SEC-registered security tokens to position in this landscape. “Diamond Lake Minerals currently stands as part of the vanguard of the digital asset revolution headed into 2024. Its strategies and business models not only reflect the major trends in the digital asset industry but also potentially position it as a leading entity ready to bridge the gap between…

TuesdayDec 12, 2023 1:10 pm

TinyGemsBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Spotlighted in Latest Bell2Bell Podcast Release

Vision Marine Technologies (NASDAQ: VMAR), a global leader and innovator within the performance electric recreational boating industry, was featured in the most recent offering from the Bell2Bell Podcast. During the interview, host Stuart Smith and Vision Marine Technologies head of investor relations Bruce Nurse talked about the company and its innovation within the performance electric recreational boating industry. During the interview, Nurse provided an overview of Vision Marine Technologies and its business model, noting that the company’s focus is to disrupt the traditional boating industry by transforming the boating experience with electric power. Nurse explained that this type of transformation…

FridayDec 08, 2023 11:47 am

TinyGemsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Files Spoof Complaint, Dismisses Short-Selling Claim

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has filed a spoofing complaint in the U.S. District Court for the Southern District of New York. The complaint, filed on Dec. 6, 2023, alleges that UBS Securities LLC, IMC Financial Markets and Clear Street Markets LLC engaged in a scheme using spoofing to manipulate the market price of Mullen shares. The company noted that the claim for the spoofing litigation is attached to the company’s Form 8-K, which it filed this week with the Securities and Exchange Commission (“SEC”). According to the announcement, Mullen believes that the spoofing litigation…

FridayDec 08, 2023 11:39 am

TinyGemsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Releases Update on FDA Application for Investigational Drug

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug-delivery platforms, is planning to submit an Investigational New Drug (“IND”) application with the U.S. Food and Drug Administration (“FDA”) in the next 45 days. The application is for the company’s planned U.S. phase 1b Hypertension Clinical Trial. The filing had been delayed for necessary documentation from a raw material supplier, which is now being provided, enabling Lexaria to finalize the IND application. According to the announcement, the supplier anticipates providing the final two pieces of outstanding information to the FDA within the next 45 days, after which Lexaria can proceed…

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