TechMediaBreaks Archive - Page 35 of 132

FridaySep 13, 2024 1:33 pm

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

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it will implement a 1-for-100 reverse stock split of its common stock, par value $0.001 per share, automatically combining and converting 100 current shares of its common stock into one issued and outstanding share of common stock. The reverse stock split, approved by the company’s stockholders and the board of directors, will take effect on September 17, 2024, at 12:01 a.m. ET. Following the split, the new CUSIP number will be 62526P505, with Mullen’s common stock trading on a split-adjusted basis under the existing ticker symbol MULN.…

FridaySep 13, 2024 12:49 pm

TechMediaBreaks – SMX (Security Matters) Public Limited Company (NASDAQ: SMX) Closes $5.35 Million Private Placement

SMX (Security Matters) Public Limited Company (NASDAQ: SMX) on Thursday announced its completion of a private placement of approximately $5.35 million, consisting of Common Units and Pre-Funded Units at $1.00 per unit. The placement included Series A and Series B warrants, with Aegis Capital Corp. acting as the lead placement agent and ClearThink Securities as co-agent. The company plans to use the proceeds for corporate purposes and working capital, with 20% held in escrow for potential obligations under the terms of the warrants. To view the full press release, visit https://ibn.fm/ldTf3 About SMX (Security Matters) Public Limited Company As global…

FridaySep 13, 2024 11:45 am

TechMediaBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Stock Experiences Significant Decline

Shares of Trump Media & Technology Group (NASDAQ: DJT) experienced a notable decline, dropping by 17% to $15.39 shortly after the market opened on Wednesday. This significant downturn in DJT’s stock price came in the wake of the presidential debate between Vice President Kamala Harris and former President Donald Trump. The event marked the first debate between the two since Harris became the Democratic nominee, and it appears to have negatively impacted investor sentiment towards DJT, pushing the stock to its lowest level since the company went public in March through a merger with Digital World Acquisition Corp. (“DWAC”). The…

FridaySep 13, 2024 11:18 am

TechMediaBreaks – SOBRsafe Inc. (NASDAQ: SOBR) CEO Dave Gandini Shares Strategic Update in New Video

SOBRsafe (NASDAQ: SOBR), a leading provider of transdermal alcohol detection solutions, announced on Thursday its release of a video update from CEO Dave Gandini. In the video, Gandini outlines the company's latest capital markets, sales, and marketing strategies, offering insights into SOBRsafe's approach to growth and market positioning. To view the video update, visit https://ibn.fm/6ihyR To view the full press release, visit https://ibn.fm/zHiV7 About SOBRsafe™ Alcohol misuse is the fourth leading cause of preventable death in America, and the seventh worldwide. Yet prevention and monitoring solutions have not kept pace with this epidemic. Legacy technologies are invasive and inefficient, unhygienic…

FridaySep 13, 2024 9:35 am

TechMediaBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0) Closes First Tranche of Non-Brokered Private Placement

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0), a Swiss-hosted cybersecurity and privacy communications platform, announced on Thursday that it has successfully closed the first tranche of its non-brokered private placement, raising $961,863.94. The company issued 28,290,116 units at $0.034 per unit, with each unit including one common share and one warrant, allowing the purchase of an additional share at $0.055 for the next 24 months. Proceeds will be used to market Sekur's privacy solutions in the U.S., support the Q4 2024 launch of Sekur Enterprise, and for general corporate purposes. To view the full press release, visit https://ibn.fm/VP7zR…

ThursdaySep 12, 2024 1:26 pm

TechMediaBreaks – Match Group Inc. (NASDAQ: MTCH) Welcomes New Chief Legal Officer to Strengthen Its Executive Team

Match Group (NASDAQ: MTCH) has recently made a significant addition to its executive team by appointing Sean Edgett as its new Chief Legal Officer and Secretary, effective Sept. 23, 2024. This move comes at a crucial time for Match Group, a leading provider of digital technologies aimed at facilitating meaningful connections through its portfolio of brands such as Tinder(R), Hinge(R) and Match(R). The company operates globally, offering services in over 40 languages, and is now poised to further solidify its legal framework under Edgett’s leadership. Sean Edgett brings a rich background of legal expertise to Match Group, with over a…

WednesdaySep 11, 2024 3:12 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Participate in Upcoming Info-Tech LIVE Event

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) , a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, will participate in this month’s Info-Tech LIVE, which is Info-Tech Research Group’s annual conference. The theme of this year’s event is “Exponential IT in Motion,” and D-Wave director of algorithms, tools and performance Alexander Condello is a featured keynote speaker, presenting at 4:10 p.m. PT on September 17. Condello will discuss real-world hybrid-quantum use cases from logistics to retailand explain how D-Wave's customers are seamlessly integrating quantum technology into existing infrastructures to meet computation needs…

WednesdaySep 11, 2024 11:46 am

TechMediaBreaks – DA Davidson Highlights Meta Platforms Inc.’s (NASDAQ: META) Unique Position Among Founder-Led Companies

DA Davidson analysts have recently put a spotlight on Meta (NASDAQ: META), emphasizing its unique position among founder-led companies, even outshining Nvidia in this regard. This analysis underscores the significant competitive advantage Meta derives from its leadership, particularly under the guidance of its founder. Such a distinction is crucial in understanding Meta’s standing in the tech industry, especially when compared to giants like Nvidia. Meta, known for owning Facebook, operates in the highly competitive tech sector where leadership and innovation are key to staying ahead. The company’s founder-led approach is seen as a driving force behind its strategic decisions and…

WednesdaySep 11, 2024 11:10 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Gains ‘Strong Foothold’ in California’s Central Valley on Newly Named Dealer

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its subsidiary, Bollinger Motors, has added Affinity Truck Center, a family-owned business founded in 1980, to its retail network. As a result, Affinity, which operates sales locations in Bakersfield and Fresno, California, as well as service locations in Paso Robles and Salinas, California, is now an official Bollinger Motors dealer. Affinity is headquartered in the heart of California’s Central Valley. “The addition of Affinity Truck Center gives Bollinger Motors a strong foothold in California’s Central Valley,” commented Jim Connelly, chief revenue officer of Bollinger. “Affinity has a…

TuesdaySep 10, 2024 1:50 pm

TechMediaBreaks – SkyView Innovations Announces ‘First of Several Acquisitions’

SkyView Innovations, an award-winning provider of spatial computing and immersive solutions, is announcing the acquisition of OMM. Headquartered in London with satellite offices throughout the U.K. and Europe, OMM is a leading creative, sport technology and experiential company. OMM is recognized around the world for its innovative and forward-thinking approach to new technology consultation, virtual reality (“VR”), mixed reality (“MR”), augmented reality (“AR”), artificial intelligence (“AI”), and consumer experiences. OMM works with the largest brands across various sectors, including nutrition, consumer electronics, luxury goods, fashion, retail, and sport, and is among the world’s leading players in creative, sport technology and…

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