News Archives - Page 26 of 129

ThursdayJan 30, 2025 11:42 am

TechMediaBreaks – A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) (FRA: A3CSQ) Prices $30M Public Offering, Concurrent Registered Direct

A2Z (NASDAQ: AZ) (FRA: A3CSQ) recently announced the pricing of an underwritten public offering of 3,281,250 common shares, each at a public offering price of $6.40, as well as a registered direct offering of 1,406,250 common shares, each at a purchase price of $6.40. The company expects total gross proceeds of $30 million from the offerings, of which it intends to use the net for working capital and continued development and expansion of existing business. This includes fulfilment of contracted smart cart backlog orders and acceleration of the onboarding process for new clients. Titan Partners Group, a division of American…

ThursdayJan 30, 2025 11:22 am

TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Announces Pricing of $6 Million Registered Direct Offering

SuperCom (NASDAQ: SPCB) has entered into securities purchase agreements with institutional investors to sell 545,454 ordinary shares at $11.00 per share in a registered direct offering, expected to generate approximately $6 million in gross proceeds. The offering, set to close on Jan. 31, 2025, is subject to customary conditions. SuperCom plans to use the net proceeds for working capital, research and development, potential acquisitions, and general corporate purposes. Maxim Group LLC serves as the sole placement agent for the transaction. To view the full press release, visit https://ibn.fm/tpqEy About SuperCom Since 1988, SuperCom has been a global provider of traditional…

ThursdayJan 30, 2025 10:35 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Expands U.S. Battery Production with Nikola Equipment Purchase

Mullen Automotive (NASDAQ: MULN) announced the acquisition of additional battery line equipment from Nikola Corporation to enhance its Fullerton, California, battery operations. The facility, dedicated to producing next-generation American-made battery packs and solid-state polymers, will now include two high-volume standard battery chemistry lines, a solid-state polymer R&D line, and an expanded testing laboratory. The move aligns with Mullen’s commitment to domestic battery production and reduced reliance on foreign imports. The company has also submitted a revised plan to the U.S. Department of Energy, seeking $55 million in matching funds to support its U.S.-based battery and pack manufacturing capabilities. To view…

ThursdayJan 30, 2025 9:59 am

TechMediaBreaks – Thumzup Media Corp. (NASDAQ: TZUP) Reports 230% Advertiser Growth, Expands National Presence

Thumzup (NASDAQ: TZUP) issued a shareholder letter detailing its achievements in 2024 and future strategic vision. The company reported a 230% increase in its advertiser base, now exceeding 600 active advertisers. Key milestones include a successful Nasdaq listing, an $8.2 million upsized public offering, and expansion into South Florida and Greater Los Angeles. Thumzup also enhanced its technology by integrating Instagram Reels and X while launching advanced analytics tools. Additionally, the company holds 19.106 BTC and has a board-approved strategy to allocate up to 90% of its liquid assets to Bitcoin. To view the full press release, visit https://ibn.fm/YLX9C About Thumzup®…

WednesdayJan 29, 2025 12:29 pm

TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Secures Multi-Year National Contract for Digital Driving License System

SuperCom (NASDAQ: SPCB) has won a multi-year contract to develop, deliver and maintain a national computerized system for secured Driving License ("DL") cards in a Nordic European country. The system will utilize SuperCom’s Magna™ e-Government platform, integrating with the country's existing e-ID and e-Passport infrastructure while complying with EU and ICAO security standards. The company will also provide long-term system maintenance and support. CEO Ordan Trabelsi highlighted the contract as part of SuperCom’s strategy to expand in developed markets and strengthen its position as a trusted provider of secure digital identity and monitoring solutions in Europe. To view the full…

WednesdayJan 29, 2025 11:32 am

TechMediaBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQX: SWISF) (FSE: GDT0) Partners With Freedom Square, 13 Stripes Media to Expand Privacy Solutions

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0), a U.S.-based, Swiss-hosted cybersecurity and privacy communications platform and subsidiary of Sekur Private Data Ltd. (OTCQB: SWISF, CSE: SKUR, FRA: GDT0), has announced a strategic partnership with Freedom Square Inc. and 13 Stripes Media to offer its secure communications and web browsing solutions to over 50 million individuals and businesses in their networks. Freedom Square, known for promoting free speech and business networking through its Freedom Chamber initiative, will integrate Sekur’s offerings into its website, daily news digest, and targeted email campaigns. 13 Stripes Media will also execute digital marketing campaigns…

TuesdayJan 28, 2025 12:55 pm

TechMediaBreaks – Alphabet Inc. (NASDAQ: GOOGL) Appeals Record EU Antitrust Fine Amid Regulatory Scrutiny

Alphabet (NASDAQ: GOOGL, GOOG), through Google, is currently appealing a significant antitrust fine imposed by the European Union. The fine, amounting to €4.3 billion (approximately $4.5 billion), is the largest ever levied by the EU. The case, which began in 2018, accuses Google of using its market power to maintain dominance in the search engine sector. This involves requiring handset manufacturers to pre-install Google Search and Chrome to access the Play Store, offering financial incentives for pre-installation, and restricting the use of unapproved Android versions. EU lawyers argue that Google used a “carrot and stick strategy” to control the Android…

TuesdayJan 28, 2025 10:19 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Expands Presence on U.S. College Campuses with Additional EV Orders

Mullen Automotive (NASDAQ: MULN) announced the sale of five additional Mullen ONE Class 1 EV cargo vans to two major California universities in Los Angeles and the San Francisco Bay Area. The orders, fulfilled by EV dealers Papé Group and Randy Marion Automotive Group, highlight Mullen’s alignment with institutions prioritizing carbon emission reductions. CEO David Michery emphasized that repeat orders reflect the performance and value of Mullen's commercial EVs. The company’s lineup, including the Mullen ONE and Mullen THREE, meets stringent U.S. safety and emissions standards and continues to gain traction in campus and urban fleet applications nationwide. To view…

MondayJan 27, 2025 12:02 pm

TechMediaBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Marks Key Milestone Through BlackSwan Acquisition

HUB Cyber Security (NASDAQ: HUBC) (“HUB”), a global leader in advanced cybersecurity and data fabric technology, today announced the closing of its highly anticipated acquisition of BlackSwan Technologies, Inc. “This acquisition marks a pivotal milestone for HUB, strengthening our position as a leader in secured data management and compliance solutions,” said Noah Hershcoviz, CEO of HUB Cyber Security. “We strongly believe BlackSwan’s innovative technologies will enable us to deliver unparalleled value to our clients, particularly in the financial sector, where the demand for robust security and compliance is especially high. With over $50 million invested in BlackSwan’s cutting-edge solutions, we…

MondayJan 27, 2025 10:53 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Reports FY2024 Results and Highlights Commercial EV Growth

Mullen Automotive (NASDAQ: MULN) reported a net loss of $471 million for the fiscal year ending Sept. 30, 2024, an improvement from the prior year's $964.9 million loss. FY2024 revenues increased to $1.1 million, driven by invoicing 443 commercial vehicles valued at $21 million, up from 35 vehicles invoiced in FY2023. The company achieved significant milestones, including the production and certification of its Class 1 and Class 3 EVs, as well as Bollinger Motors' Class 4 electric trucks, which generated $4.2 million in revenue since their September 2024 launch. CEO David Michery acknowledged challenges in the EV sector but emphasized…

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