News Archives - Page 82 of 130

ThursdayJan 25, 2024 10:45 am

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Names New CFO, Board Member

Freight Technologies (NASDAQ: FRGT), has announced key changes to its executive team and board of directors. Freight Technologies is a technology company whose custom-developed Fr8App, an industry-leading, freight-matching platform powered by AI and machine-learning and offers a real-time portal for business-to-business (“B2B”) cross-border shipping and domestic shipping within the USMCA region. The company appointed Don Quinby as its new chief financial officer while announcing that Paul Freudenthaler, the company’s former CFO, was named a member of FRGT’s board of directors; the changes were effective Jan. 19, 2024. According to the announcement, the changes support Fr8Tech's commitment to promoting internal talent…

ThursdayJan 25, 2024 10:04 am

TechMediaBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Received Official Notice from NASDAQ, Regains Compliance with Minimum Bid Price Requirement

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has regained compliance with NASDAQ’s minimum-bid price requirement. The company has officially received notice of the status change from the NASDAQ Stock Market LLC. The notice confirmed that Mullen regained compliance with NASDAQ Listing Rule 5550(a)(2) and will continue to be listed and traded on the NASDAQ Capital Market. The announcement also noted that the NASDAQ Hearings Panel has given the company until March 8, 2024, to demonstrate compliance with NASDAQ Listing Rule 5620(a), which is the annual shareholder meeting requirement. Mullen has scheduled its Annual Meeting of Stockholders for…

WednesdayJan 24, 2024 2:36 pm

TechMediaBreaks – SurgePays Inc. (NASDAQ: SURG) Announces Pricing of $15M Public Offering

SurgePays (NASDAQ: SURG), a technology and telecom company focused on the underbanked and underserved communities, recently announced pricing of its underwritten public offering of 2,678,571 shares of its common stock at a price of $5.60 per share of common stock led by certain new and existing institutional investors. SurgePays granted the underwriters a 45-day option to purchase up to 401,785 additional shares of its common stock sold in the offering on the same terms and conditions. The company will secure approximately $15 million in gross proceeds from the offering. Titan Partners Group, a division of American Capital Partners, is acting…

WednesdayJan 24, 2024 2:13 pm

TechMediaBreaks – FinovateEurope 2024 to Shine the Spotlight on Cutting-Edge Technology Breakthroughs

Informa PLC, a leading global events production, digital services and academic research agency, today announced its plans to host FinovateEurope 2024, the premier innovative fintech conference focused on the digital future of financial institutions. The event is slated to take place at the Intercontinental O2 Hotel in London on Feb. 27-28, 2024. FinovateEurope 2024 is designed to deliver expert insights and create environments conducive to effective networking. The event will bring together more than 1,000 innovators, with 500 attendees from banks and financial institutions. Senior leadership from major banks will attend including Barclays, BNP Paribas, Citi, Fidelity Investments, HSBC, ING,…

WednesdayJan 24, 2024 12:40 pm

TechMediaBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) 1,000-HP EV Crossover Showcased in CarBuzz Article

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, was featured in a recent CarBuzz article that highlighted the company’s “world-beating” EV crossover, the Mullen FIVE RS. “A company called Mullen Automotive just showed up to CES 2024 with an electric performance crossover that is bound to grab some headlines. It’s called the Mullen FIVE RS, based on a crossover called the Mullen FIVE, and it boasts some world-beating specifications that could shock the likes of Porsche and even Tesla,” the article reads. “Mullen provided CarBuzz with a tantalizing spec sheet featuring some key numbers: more than 1,000 horsepower,…

WednesdayJan 24, 2024 12:10 pm

TechMediaBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Preliminary Approval of Dividend Warrant

FingerMotion (NASDAQ: FNGR), a mobile services and data company, announced that its board of directors has preliminarily approved a dividend in kind of warrants (each, a “dividend warrant”) to purchase shares of the company's common stock to holders of the company’s common stock. According to the announcement, the terms of the dividend warrants, as well as the record and payment dates for the dividend, will be fixed by further resolution of the board. The dividend warrants are anticipated to be created and allotted per a warrant agreement to be entered into between FingerMotion and a suitably qualified institutional warrant agent.…

TuesdayJan 23, 2024 11:57 am

TechMediaBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Super-Crossover Five RS Spotlighted in AutoCar Article

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, and its just-announced Five RS is being featured in a recent AutoCar article. Mullen revealed a prototype of the car at last week’s Consumer Electronics Show (“CES”) in Las Vegas. According to the article, the 1000bhp electric super-crossover designed to go up to 200 mph will likely be a rival to the Tesla Model X Plaid and Lucid Air Dream Edition. The article noted that Mullen CEO David Michery “gave few technical details away at the car's unveiling but did confirm that the RS features a twin-motor, four-wheel-drive powertrain and 800V charging architecture that is said…

MondayJan 22, 2024 12:27 pm

TechMediaBreaks – FingerMotion Inc. (NASDAQ: FNGR) Releases Supplemental Quarterly Guidance

FingerMotion (NASDAQ: FNGR), a mobile services and data company, has released a supplemental corporate update that outlines revenue mix, recognition of revenue and the transition to increasing gross margins. The information was released in a shareholder letter from FingerMotion CEO Martin Shen. According to the letter, the majority of FingerMotion revenue is currently derived from its Telecommunication Products and Services division, which has consisted primarily of Top-Up and Recharge services but is evolving to include other endeavors. The letter discussed the following service offerings within this category: Top Up and Recharge, which includes Top Up and Recharge services offered to…

MondayJan 22, 2024 11:53 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Delivers 130 Additional Class 1 EV Cargo Vans to RMA

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it has delivered 130 additional Mullen ONE, Class 1 EV cargo vans to Randy Marion Automotive Group (“RMA” or “Randy Marion”). To date, the company has delivered 230 Mullen ONEs with a total invoiced amount of $7,736,150 as part of the initial 1,000 vehicle purchase order from RMA. Based in Charlotte, North Carolina, Randy Marion is one of the top commercial dealer groups in the U.S. Production for the Class 1 is based out of Tunica, Mississippi, which is home to Mullen’s commercial vehicle assembly for both…

FridayJan 19, 2024 2:57 pm

TechMediaBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Majority-Owned Bollinger Motors Receives Orders Valued at ~$6M

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its majority-owned Bollinger Motors has received vehicle orders for 40 B4, Class 4 EV trucks, valued at a total of approximately $6 million. According to the announcement, the company anticipates the 100% American-made Bollinger B4 chassis cab to begin production in mid-2024. The truck is expected to be eligible nationwide for a federal purchasing incentive of 30% of the cost of the vehicle, up to a total of $40,000, through the Inflation Reduction Act of 2022. The announcement noted that the purpose-built Bollinger B4 commercial trucks, which…

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