TechMediaBreaks Archive - Page 135 of 185

ThursdayDec 28, 2023 12:45 pm

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Investors Convert $3.55M Debt to Equity

Freight Technologies (NASDAQ: FRGT), a technology company that offers the proprietary Fr8App platform, announced that its investors have converted millions of dollars of convertible debt to equity. According to the announcement, investors converted approximately $3.55 million in convertible notes into equity in the form of preferred shares. Fr8App is an industry-leading, freight-matching platform powered by artificial intelligence (“AI”) and machine-learning that offers a real-time portal for business-to-business (“B2B”) cross-border shipping and domestic shipping within the United States-Mexico-Canada Agreement (“USMCA”) region. “The conversion is very positive news for the company,” said Freight Technologies CEO Javier Selgas in the press release. “The amount…

ThursdayDec 28, 2023 12:03 pm

TechMediaBreaks — Electronic Servitor Publication Network Inc. (XESP) Completes Pointward Inc. Merger, Adds to ‘Formidable’ Portfolio

Electronic Servitor Publication Network (OTCQB: XESP), a digital engagement company, has finalized its merger with Pointward Inc., a Delaware intellectual property holding company, for its channel-activation and customer-engagement assets. The company announced that the merger includes Pointward’s intellectual property, which consists of proven models, methods, protocols, tools and technologies designed to identify audience segments and engage each segment with customized content to create relevant, one-to-one digital relationship pathways. According to the announcement, the company plans to leverage Pointward’s IP portfolio to enhance its managed service product and to gain the capability and expertise to serve both highly regulated and unregulated markets.…

ThursdayDec 28, 2023 11:23 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Delivers 50 Class 1 EV Cargo Vans to Randy Marion Automotive Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced delivery of 50 all-electric Mullen ONE, Class 1 cargo vans to Randy Marion Automotive Group (“RMA” or “Randy Marion”) with the company invoicing RMA for $1,680,000. Mullen anticipates shipping and invoicing a total of 285 Mullen ONE cargo vans within the next five business days to RMA. “With the advance of last-mile delivery and the growth of in-home services, the Mullen ONE EV cargo van is in strong demand,” said Brad Sigmon, fleet vice president at Randy Marion Automotive. “The Mullen ONE is an extremely versatile offering and…

WednesdayDec 27, 2023 2:44 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Completes Solid-State Polymer Cell to Pack Development, Commences Class 1 Battery Pack Testing

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the successful completion of solid-state polymer cell to pack integration for the Mullen ONE Class 1 EV cargo vans. Having completed pack development, the solid-state BMS and pack level testing is set to kick off on Dec. 28, 2023. The progress allows Mullen to remain on schedule to begin on-vehicle road testing of the solid-state polymer packs in the Class 1 EV cargo van in the first quarter of 2024. “We continue to make significant progress in fulfilling our commitment to providing the next-generation of battery technology to…

WednesdayDec 27, 2023 2:28 pm

TechMediaBreaks – Electronic Servitor Publication Network Inc. (XESP) Acquires Assets of PhiTech Management LLC

Electronic Servitor Publication Network (OTCQB: XESP), a digital engagement company, today announced that it has finalized its purchase of the assets of PhiTech Management, LLC, a digital activation and engagement technology company. PhiTech provides customer and content workflow applications that are designed to connect people with customized content through dynamic content provisioning, creating relevant digital relationships. On Dec. 22, 2023, XESP acquired PhiTech’s proven proprietary Digital Engagement Engine(TM), a sophisticated tech stack built on microservices architecture to help companies enhance the reach and lift of their content to targeted and new audiences. “The asset purchase of PhiTech allows XESP to…

TuesdayDec 26, 2023 2:18 pm

TechMediaBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0) Looking to Carve out Significant Market Share Amidst Regulatory Push for Secure Communications

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0) is a cybersecurity and internet privacy provider of Swiss-hosted solutions for secure communications and data management. The company is positioned amid the U.S. Securities and Exchange Commission’s (“SEC”) unrelenting push and crackdown on Wall Street to offer a secure, easy-to-use and transparent messaging solution. “The SEC has levied over $2.5 billion in fines on Wall Street, the product of two years of investigations into the industry’s use of messaging apps,” a recent article reads. “SekurMessenger is an encrypted messaging service that offers full privacy for users, enabled by multiple layers of…

TuesdayDec 26, 2023 12:57 pm

TechMediaBreaks – Diamond Lake Minerals Inc. (DLMI) CEO Discusses Bridging Gap Between Digital, Traditional Securities in FinTech 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 FinTech interview. During the interview, Diamond Lake Minerals CEO Brian Esposito talked with host Vince Molinari about the company, which specializes in the development and support of digital assets and SEC-registered security tokens; he also talked about the power and expertise of the advisory board members who are supporting the company. During the interview, Esposito discussed how Diamond Lake Minerals is bridging traditional finance with a digital future. Esposito noted that…

TuesdayDec 26, 2023 10:50 am

TechMediaBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Delivery of 63 Additional Class 3 Vehicles to RMA Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has delivered 63 Class 3 vehicles to the Randy Marion Automotive Group (“RMA”) and has invoiced RMA for $3,969,000. This shipment brings the total delivered EVs to 121, valued at more than $7.5 million, with plans to deliver 150 vehicles total by the end of the year. These vehicles are part of a purchase order placed by RMA earlier this year for 1,000 vehicles in all, with the first vehicles shipped in September. Mullen expects to deliver the majority of the vehicles in 2024. The company’s Tunica, Mississippi-based plant is…

FridayDec 22, 2023 2:18 pm

TechMediaBreaks – Diamond Lake Minerals Inc. (DLMI) CEO Talks ‘Old-School’ Vision in Benzinga Partner Interview

Diamond Lake Minerals (OTC: DLMI), which specializes in the development and support of digital assets and SEC-registered security tokens, was recently featured in a Benzinga Partner Studio interview. Brian J. Esposito, CEO of DLMI, joined the program to speak with Benzinga from the floor at the NYSE. “DLMI is a multi-strategy operating company. I was honored to have taken over as CEO in late August of this year, and you can compare us to what I’m building to an old-school GE conglomerate type of structure,” Esposito said in the interview. “Our parent umbrella, DLMI or Diamond Lake Minerals, will hold,…

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.…

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