News Archives - Page 132 of 138

ThursdayApr 13, 2023 2:55 pm

TechMediaBreaks – AERWINS Technology Inc. (NASDAQ: AWIN) Completes Securities Issuance

AERWINS (NASDAQ: AWIN), the developer and manufacturer of air mobility platform COSMOS (Centralized Operating System for Managing Open Sky) and the XTURISMO Limited Edition Hoverbike, today announced its entry into a definitive securities purchase agreement (“SPA”) with Lind Global Fund II LP, an investment fund managed by The Lind Partners, a New York based institutional fund manager (together, the “Investor”). Under the agreement, AERWINS shall issue and sell to the Investor up to three promissory notes for a total investment in AERWINS of up to $5,000,000, which notes are convertible into shares of common stock, par value $0.000001 per share,…

ThursdayApr 13, 2023 1:10 pm

TechMediaBreaks — Paris Blockchain Week showcases a maturing blockchain industry

The Paris Blockchain Week, Europe’s largest gathering of thought leaders, innovators, and experts from around the world, has concluded and demonstrated that the blockchain space is maturing. 8,500 attendees flocked to Paris, joining executives and change-makers from major companies such as Google, Coca-Cola, Amazon Web Services, Deutsche Bank, Bloomberg, LVMH, Coinbase, Circle, Microsoft, and Mercedes. The week had three focus points: talent and investors, the Web3XP, and a two-day Summit to close-out the event. To view the full press release, visit https://ibn.fm/sAyXa Paris Blockchain Week The renowned Paris Blockchain Week (“PBW”) will hold its fourth edition as a live event from…

ThursdayApr 13, 2023 1:04 pm

TechMediaBreaks — Hive Establishes Hive Village at BREATHE! Convention to Cover Cost of Exhibiting for Multiple Hive Projects

BREATHE! Convention has announced today that its “Center of the Universe Mainstage” sponsor Hive has established the Hive Village as part of its commitment to the projects involved in the Hive blockchain ecosystem. Hive secured this Village by leveraging community funding to purchase individual exhibit spaces at BREATHE!, which allowed the ecosystem to give multiple projects exhibiting space directly on the Web3 convention’s show floor at the Las Vegas Convention Center. To view the full press release, visit https://ibn.fm/2lXia About BREATHE! Taking place on May 3-5, 2023 at the Las Vegas Convention Center, BREATHE! Convention is connecting the Web3 universe that brings…

ThursdayApr 13, 2023 12:52 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Contracted by NYPD to Patrol New York Subway

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, has signed a pilot contract with the City of New York Police Department (“NYPD”) calling for a K5 robot to begin patrolling in a Manhattan subway station. Key NYC leaders, including New York City Mayor Eric Adams, NYC police commissioner Keechant Sewell, and NYPD’s highest-ranking uniformed service member Jeffrey Maddrey held a press conference in Times Square to announce the implementation of KSCP technologies to protect the citizens of New York. “Technology is here, and we cannot be afraid of it,” said New York…

ThursdayApr 13, 2023 12:18 pm

TechMediaBreaks – Cepton Inc. (NASDAQ: CPTN) Unveils Ultra-Slim, High Performance Automotive Lidar – the Vista(R)-X90 Plus

Cepton (NASDAQ: CPTN), a Silicon Valley innovator of high-performance lidar solutions, today announced the unveiling of its record-breaking new lidar, Vista(R)-X90 Plus. Expanding on the design innovation of Cepton’s recently introduced Vista(R)-X120 Plus, Vista-X90 Plus becomes the world’s smallest high-performance automotive lidar with software definable perception capabilities. The lidar’s extremely compact size and minimal height enables seamless integration behind the windshield and in other locations around the vehicle. “Vista-X90 Plus is the second generation of the industry’s best lidar for integration behind the windshield,” said Dr. Jun Pei, CEO and co-founder of Cepton. “Its groundbreaking design resulted not only from…

ThursdayApr 13, 2023 12:00 pm

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Receives NASDAQ Notification, Has Regained Compliance

Freight Technologies (NASDAQ: FRGT), a technology company developing solutions to optimize and automate the supply chain process, has regained compliance with NASDAQ listing requirement. The company received written notification in October 2022 that it no longer complied with NASDAQ’s minimum bid price requirement for continued listing on the Nasdaq Capital Market; the reason for the notification was the company’s closing bid price ordinary shares had fallen below $1 per share for 30 consecutive business days. According to NASDAQ guidelines, Freight Technologies had 180 calendar days to comply with the regulations, which it did by implementing a 10:1 reverse split of…

ThursdayApr 13, 2023 11:18 am

TechMediaBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) Partners with Top Investment Banking Firm

Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF), a clean-technology company developing transformative power conversion technologies and control system solutions for next-generation EVs and electrical systems, has selected Craig-Hallum Capital Group as its capital markets advisory and investment banking firm in the United States. Effective April 15, 2023, the decision to engage the banking firm was based on Craig-Hallum’s ability to “advise Hillcrest on the critical next steps of their growth trajectory.” An independent, full-service investment banking and corporate advisory firm, Craig-Hallum specializes in advising private and public companies across various growth stages, industries and transaction events from strategic advisory, capital…

WednesdayApr 12, 2023 2:24 pm

TechMediaBreaks – FingerMotion Inc. (NASDAQ: FNGR) Retires All Outstanding Institutional Convertible Debt

FingerMotion (NASDAQ: FNGR), a mobile data and services company, today announced that it has recently eliminated its remaining convertible debt with the company’s primary lender, Lind Global Fund II LP. This is a result of conversions by Lind Global and payments by the company, which in aggregate totaled over $5 million. “We have retired all of our outstanding institutional convertible debt, strengthening our balance sheet while maintaining a strong cash position,” said Martin Shen, CEO of FingerMotion. “Eliminating the remaining convertible debt and related obligations to issue any additional common stock to our primary lender eradicates any further dilutive impact…

WednesdayApr 12, 2023 1:56 pm

TechMediaBreaks – RYVYL Inc. (NASDAQ: RVYL) Moving Forward with Spin-Off of Subsidiary, Value Creation Strategy

RYVYL (NASDAQ: RVYL), a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions, has initiated a spin-off plan for its wholly owned subsidiary, coyni inc., a stablecoin technology. RYVYL believes the separation of coyni from its payment-processing business will provide the opportunity for each business to focus on its own strategic and operational objectives. According to the announcement, RYVYL has identified the investment banking team for the proposed transaction and is in the process of evaluating mergers with possible partners; it anticipates acquiring a vehicle in the coming weeks to…

WednesdayApr 12, 2023 1:36 pm

TechMediaBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Reschedules Special Meeting of Stockholders, Extends Deadline for Share Redemption

Fintech Ecosystem Development (NASDAQ: FEXD) has announced plans to adjourn the company’s special meeting of stockholders; the meeting was scheduled for today, but the company intends on reconvening the Special Meeting on Thursday, April 20, 2023, at 10 a.m. ET. The company is also extending the deadline for holders of its shares of Class A common stock to exercise their right to redeem their shares for their pro rata portion of the funds available in the company's trust account, or to withdraw any previously delivered demand for redemption; that deadline has been changed to April 18, 2023, at 5 p.m.…

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