TechMediaBreaks Archive - Page 4 of 129

TuesdayApr 01, 2025 10:35 am

TechMediaBreaks – XTI Aerospace Inc. (NASDAQ: XTIA) Closes $4 Million Public Offering to Repay Debt and Fund Operations

XTI Aerospace (NASDAQ: XTIA), a developer of vertical takeoff and landing (“VTOL”) aircraft, has closed a public offering of 2,941,200 shares of common stock (or pre-funded warrants) and an equal number of accompanying warrants at a combined offering price of $1.36 per unit. The five-year warrants are immediately exercisable at the same price. Gross proceeds totaled approximately $4 million before expenses, which the company will use for general working capital and to repay outstanding secured promissory notes. To view the full article, visit https://ibn.fm/9CuC9 About XTI Aerospace, Inc. XTI Aerospace ( XTIAerospace.com ) (Nasdaq: XTIA) is the parent company of XTI Aircraft…

MondayMar 31, 2025 10:30 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Defeats Motion to Dismiss in Spoofing Lawsuit

Mullen Automotive (NASDAQ: MULN), an electric vehicle manufacturer, announced a key legal victory after a federal court denied a motion to dismiss its spoofing lawsuit against IMC Financial Markets, Clear Street Markets LLC, UBS Securities LLC, and others. The lawsuit alleges that defendants used high-frequency algorithmic trading tactics—including “Baiting Orders”—to manipulate Mullen’s stock price between Nov. 2021 and Nov. 2023. The court found sufficient evidence that defendants placed and canceled large volumes of sell orders to artificially depress prices, harming Mullen and its shareholders. The case will now proceed to discovery. To view the full press release, visit https://ibn.fm/eXRPA About…

MondayMar 31, 2025 10:05 am

TechMediaBreaks – GivBux Inc. (OTC: GBUX) Plans $212 Million Equity Sale Through Non-Dilutive Structure

GivBux (OTC: GBUX), a publicly traded Super App and charitable giving platform, announced plans to sell a 30% equity stake for $212 million through a non-dilutive transaction aimed at preserving shareholder value. Proceeds will be invested in an income-focused strategy led by a private credit asset manager specializing in real estate, with the goal of generating steady cash flow to fuel the company’s platform expansion. The majority shareholder has agreed to retire a portion of shares to further reduce potential dilution. To view the full press release, visit https://ibn.fm/ApOQh About GivBux Inc. The GivBux Super App revolutionizes shopping by offering…

MondayMar 31, 2025 9:00 am

TechMediaBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQX: SWISF) (FSE: GDT0) Closes CA$237,106 Private Placement to Support U.S. Expansion

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0), a Swiss-hosted cybersecurity and privacy communications platform, announced the closing of the final tranche of its non-brokered private placement, raising gross proceeds of CA$237,106. The offering included 6,973,705 units priced at CA$0.034, each consisting of one common share and one full warrant exercisable at CA$0.055 for 24 months. Company insiders, including the CEO, CFO and a board member, collectively purchased 2,050,000 units. Proceeds will be used to expand U.S. marketing efforts and support general corporate purposes. To view the full press release, visit https://ibn.fm/5YbBI About Sekur Private Data Ltd. Sekur Private…

FridayMar 28, 2025 3:41 pm

TechMediaBreaks – SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) to Develop 7.2 MW Hoadley Hill Rd Solar Project

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) has announced plans to develop a 7.2 MW DC ground-mount solar power project known as the Hoadley Hill Rd project (the “Project”) on a site located in upstate New York. According to the announcement, the Project is another key addition to SolarBank's expanding development pipeline—which exceeds one gigawatt—as well as the company's commitment to advancing community solar. Assuming receipt of the requested interconnection approval, SolarBank will continue efforts to complete the permitting process and secure necessary financing for construction of the Project. The Project is expected…

FridayMar 28, 2025 2:05 pm

TechMediaBreaks – Upstream Enhances KYC Process to Streamline User Experience

Upstream published a blog today that discussed ongoing efforts to enhance the trading experience via its innovative platform. The latest upgrade to Upstream’s KYC (Know Your Customer) identity verification process makes it more intuitive and seamless for users. The redesigned interface ensures a smoother experience while maintaining quick and secure verification, which is essential for preventing fraud and illicit activity. Users are prompted to complete KYC once their account balance reaches $500 or when withdrawing funds, though they can initiate verification at any time through the profile settings. Verification can take as little as 15 minutes or up to two…

ThursdayMar 27, 2025 12:27 pm

TechMediaBreaks – CISO Global Inc.’s (NASDAQ: CISO) Achieves Profitability Milestone as Software-Led Strategy Takes Hold

CISO Global (NASDAQ: CISO) announced it achieved unaudited positive Adjusted EBITDA in Q4 2024, marking a pivotal profitability milestone as it transitions from a cyber services company to a software-led, AI-powered cybersecurity enterprise. The company credits this progress to integrating 13 acquisitions, cutting costs through proprietary AI-driven security solutions and increasing high-margin software revenue. CISO expects at least $34 million in profitable services revenue and $5 million in software bookings for 2025, with software margins projected around 75%, supported by a robust sales pipeline and insurance partnerships. To view the full article, visit https://ibn.fm/TauvU About CISO Global Inc. CISO Global…

ThursdayMar 27, 2025 10:52 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Posts Record Revenue, Plans Cost Cuts and Staff Reductions

Mullen Automotive (NASDAQ: MULN) reported record GAAP revenue of $3.18 million for the quarter ending March 31, 2025, as the electric vehicle maker intensifies its focus on cost reduction and commercial sales growth. The company will implement further staff reductions, lease eliminations and operational consolidations starting in April. Mullen is also prioritizing advancements in its battery cell and pack technologies while continuing to sell its Class 1 Mullen ONE cargo van and Class 3 Mullen THREE cab chassis truck, both fully certified for U.S. and California emissions standards. Deliveries of Bollinger’s Class 4 B4 Chassis Cab began in October. To…

ThursdayMar 27, 2025 10:24 am

TechMediaBreaks – Thumzup Media Corp. (NASDAQ: TZUP) Taps AI to Speed App Development and Cut Costs

Thumzup (NASDAQ: TZUP) a rising player in social media branding and programmatic marketing, has integrated artificial intelligence tools including GitHub Copilot and Claude AI by Anthropic into its software development process. The move aims to accelerate feature rollouts for the Thumzup app, which rewards users for promoting brands they enjoy. CEO Robert Steele said the tools are already driving faster development and reducing costs, positioning Thumzup to stay competitive while offering a cutting-edge user experience. The shift aligns with broader tech startup trends, as companies increasingly rely on AI to drive rapid growth with leaner teams. To view the full…

ThursdayMar 27, 2025 9:25 am

TechMediaBreaks – Nightfood Holdings Inc. (OTCQB: NGTF) Targets AI and Robotics Expansion with Pending Acquisitions

Nightfood Holdings (OTCQB: NGTF) announced it is nearing the completion of two key acquisitions—Carryout Supplies (S W C Group) and Skytech Automated Solutions—as part of its strategy to lead innovation at the intersection of AI, robotics and hospitality. The acquisition of Carryout Supplies is expected to close imminently, followed closely by the acquisition of Skytech, which recently expanded its AI-powered Laundry Helper robot to a second location. These moves mark a significant milestone in Nightfood’s evolution from a specialty food company to a hospitality tech innovator, with further strategic expansion under active consideration. To view the full press release, visit…

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