TechMediaBreaks Archive - Page 104 of 153

FridayDec 22, 2023 2:08 pm

TechMediaBreaks – BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN) (CSE: BYND) Closes US$1.5M Registered Direct Offering

BYND Cannasoft (NASDAQ: BCAN) (CSE: BYND), an Israeli-based integrated software and cannabis company, has announced the closing of the previously disclosed registered direct offering with an institutional investor of approximately $1.5 million common shares and investor warrants at a price of $0.52 per common unit. The company secured approximately $1.5 million in aggregate gross proceeds and expects to use the net proceeds from the offering, together with its existing cash, for general corporate purposes and working capital. The transaction closed on Dec. 21, 2023. Aegis Capital Corp. is acting as exclusive placement agent for the offering. Louis A. Brilleman, P.C.…

FridayDec 22, 2023 1:48 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Achieves Important Milestone, ‘Laser-Focused on Commercial Vehicle Production and Customer Deliveries’

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced its achievement of a production milestone on Dec. 13, 2023, with the 100th Mullen THREE, Class 3 cab chassis electric truck, rolling off the assembly line in Tunica, Mississippi. As of Dec. 22, 2023, the company has completed 125 Mullen THREE vehicles. A video of the 100th Mullen THREE crossing the production finish line is available on Mullen’s YouTube channel and website. “This is an important milestone for Mullen and demonstrates our EV assembly plant in Tunica is scaling up to meet the commercial vehicle production schedule that…

FridayDec 22, 2023 1:10 pm

TechMediaBreaks — Cepton Inc. (NASDAQ: CPTN) Receives Indication of Interest from Koito Manufacturing Co.

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, has received a nonbinding indication of interest from Koito Manufacturing Co. Ltd. Koito indicated an interest in acquiring 100% of the outstanding shares of the company not already owned by Koito or certain other potential rollover participants; those participants include Cepton president and CEO Dr. Jun Pei. The terms of any potential agreement between the two companies would be based on certain conditions, which were outlined in the announcement. The announcement noted that Cepton’s board of directors will carefully evaluate Koito’s indication of interest. “No assurance can be…

ThursdayDec 21, 2023 4:37 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Delivery of 38 Class 3s to Randy Marion Automotive Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the delivery of 38 additional Class 3 vehicles to Randy Marion Automotive Group (“RMA” or “Randy Marion”) with the company invoicing RMA for $2.5 million. Randy Marion has committed to 1,000 Class 3 vehicles for a total of $63 million, with the majority of the vehicles to be delivered in calendar year 2024. As previously reported, Class 3 production at Mullen’s Tunica, Mississippi, facility is planned for 150 vehicles for 2023, with total capacity for Class 3 planned at 3,000 vehicles annually per shift. “The Mullen THREE product…

WednesdayDec 20, 2023 3:18 pm

TechMediaBreaks – Diamond Lake Minerals Inc. (DLMI) CEO Discusses Traditional, Digital Finance in Exclusive Benzinga Interview

Diamond Lake Minerals (OTC: DLMI), a leading multistrategy operating company specializing in the development and support of digital assets and SEC-registered security tokens, was featured in a recent exclusive Benzinga interview. During the interview, Diamond Lake Minerals CEO Brian Esposito talked with host Michael Murry about the company, which specializes in the development and support of digital assets and SEC-registered security tokens. During the interview, Esposito discussed how Diamond Lake Minerals is bridging traditional finance with a digital future. Esposito noted that DLMI is focused on building strong companies with sustainable earnings. “Bu more importantly and what’s making us pretty…

WednesdayDec 20, 2023 2:20 pm

TechMediaBreaks – FingerMotion Inc. (NASDAQ: FNGR) ‘Just Scratching the Surface of What Is Possible’ in Big Data

FingerMotion (NASDAQ: FNGR), a mobile services and data company, today provided an update on its big data subsidiary branded Sapientus. Among the highlights, the company reported on the positive positioning of big data models and Sapientus’ expectations to engage more partners for commercial applications and expanded use cases. With proprietary analytic models collaboratively tested and validated with empirical insurance data, the past year has been transformative to Sapientus. Studies have demonstrated a high degree of accuracy in their predictive value in tracking substandard cases, which is pivotal in the enhancement of the overall insurance underwriting experience. Extending beyond insurance, the…

WednesdayDec 20, 2023 1:59 pm

TechMediaBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces ‘Milestone’ Certification for Class 1 EV Cargo Van, EV Now Fully Compliant for Sale Throughout US

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has reached an EV commercial milestone: its Mullen One, a class 1 EV cargo van, received certification from the California Air Resources Board (“CARB”) as a zero-emission vehicle in the state of California. This certification means that Mullen ONE can be sold in CARB-compliant states, including California, Connecticut, Colorado, Delaware, Maine, Maryland, Massachusetts, New Jersey, New Mexico, New York, Oregon, Pennsylvania, Rhode Island, Vermont and the District of Columbia. Combined with an earlier certification of conformity received last month from the Environmental Protection Agency (“EPA”), the Mullen ONE is in full compliance…

WednesdayDec 20, 2023 12:33 pm

TechMediaBreaks – AQUAE Unveiled at COP28; Brings Together Groundbreaking Blockchain, AI Platform and SDGs

AQUAE, a revolutionary ecosystem utilizing blockchain and artificial intelligence technologies, was launched at this year’s United Nations Climate Change Conference (“COP28”) event, which was held Nov. 30–Dec 12, 2023 in Dubai. The launch event, titled “Biodiversity Harmony in Action: AQUAE's Holistic Approach to Preservation, Sustainable Finance, and Collective Consciousness,” included a panel discussion and was organized by the Art of Living Foundation. Introducing an innovative ecosystem that not only advances sustainable development goals (“SDGs”), AQUAE is designed to be a key player in preserving biodiversity through the creation of bankable, insured digital sustainable-based assets of biodiversity credits. The platform features…

TuesdayDec 19, 2023 3:39 pm

TechMediaBreaks – Why Vision Marine Technologies Inc. (NASDAQ: VMAR) Is ‘One to Watch’

Vision Marine Technologies Inc. (NASDAQ: VMAR) is a global leader and innovator within the performance electric recreational boating industry. “The company is engaged in designing and manufacturing electric outboard powertrain systems and related technology… Vision Marine manufactures hand-crafted, highly durable, low maintenance, environmentally friendly electric recreational powerboats. The company’s business segments include the sale and rental of electric boats, with the majority of its revenue attributable to electric boat sales. The designs and technology applied to Vision Marine’s boats result in enhanced performance, higher speeds and longer range. Put simply, Vision Marine boats offer a smoother ride than a traditional…

TuesdayDec 19, 2023 1:43 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) to Effect 1-for-100 Reverse Stock Split, CEO Releases Letter to Shareholders

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, announced that it will effect a 1-for-100 reverse stock split of its common stock, par value $0.001 per share. According to the announcement, the stock split will be effective Dec. 21, 2023, at 12:01 a.m. ET. The company’s common stock will continue to trade on the NASDAQ exchange under the existing symbol — MULN — and will begin trading on a split-adjusted basis when the market opens on Dec. 21, 2023. A proposal to authorize the reverse stock split was approved by company stockholders at a Special Meeting of Stockholders; Mullen Automotive’s…

TechMediaWire provides insights and opportunities in tech.

Contact us: (512) 354-7000

TechMediaBreaks