TechMediaBreaks Archive - Page 83 of 164

FridayJun 07, 2024 9:53 am

TechMediaBreaks – SOBR Safe Inc. (NASDAQ: SOBR) Strengthens Balance Sheet and Eliminates Debt through Exercise of Warrants, Conversion of Notes

SOBRsafe (NASDAQ: SOBR), a provider of next-generation, transdermal alcohol-detection solutions, has received an estimated $2.8 million in gross proceeds from the exercise of warrants while also settling its remaining debt balances through the conversion of outstanding notes payable into 4,358,957 shares of common stock. The company is focused on strengthening its balance sheet and working to regain compliance with the NASDAQ market. “These are very positive developments for the future of SOBRsafe,” said SOBRsafe CEO and chair Dave Gandini in the press release. “We have significantly strengthened our balance sheet with both this infusion of capital and elimination of $2.6…

ThursdayJun 06, 2024 2:43 pm

TechMediaBreaks – Alarm.com Holdings Inc. (NASDAQ: ALRM) Announces Upsizing of Private Placing

Alarm.com Holdings (NASDAQ: ALRM), the leading platform for the intelligently connected property, announced the pricing of a private placing. According to the announcement, the pricing is $425 million aggregate principal amount of 2.25% convertible senior notes; the placement is for qualified institutional buyers. The company increased the size of the offering from $375 million to $425 million, with the observation that the placement could total up to $500 million if the initial purchasers’ option to purchase additional notes is exercised in full. Alarm.com anticipates using the funds from the net proceeds of the offering to pay the cost of capped…

ThursdayJun 06, 2024 2:10 pm

TechMediaBreaks – SOBR Safe Inc. (NASDAQ: SOBR) Raises ~$2.7M in Warrant Inducement Offering

SOBR Safe (NASDAQ: SOBR) (“SOBRsafe(TM)”), a provider of next-generation transdermal alcohol detection solutions, recently closed on a warrant inducement offering. The company received gross proceeds of $2,786,174 from the transaction. Aegis Capital Corp. acted as the exclusive placement agent for the offering. To view the Form 8-K filing, visit https://ibn.fm/YMiIC About SOBRsafe(TM) 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 and unconnected. There has to be a better way. Enter SOBRsafe(TM), where advanced…

ThursdayJun 06, 2024 2:03 pm

TechMediaBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQX: SWISF) (FSE: GDT0) Spotlighted in Most Recent “New to the Street” Episode

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0), a premier Swiss-hosted secure and private communications platform, is featured in this week’s Weekly Hack segment of FMW Media's New to the Street. The program is slated to air on Bloomberg TV tonight at 9:30 PM PT. During the Weekly Hack portion of the show, Sekur Private Data CEO and internet privacy expert Alain Ghiai talked with program host Ana Berry about the joint cybersecurity advisory issued by the FBI, NSA and U.S. State Department regarding foreign state-sponsored email hackings and attacks. In the statement, the agencies shared the belief that North Korean military…

ThursdayJun 06, 2024 12:50 pm

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Onboards 26 New Customers and 149 New Carriers YTD

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is an innovative logistics technology solutions company offering its custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine learning that offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region. The company has announced it has added 26 new customers and 149 new carriers to its platform in 2024. According to the announcement, the roster of new customers extends Fr8Tech’s footprint across its core markets and service offerings. “The addition of new customers to our platform further demonstrates the need for greater efficiency and transparency in the freight, over-the-road…

TuesdayJun 04, 2024 3:32 pm

TechMediaBreaks – SOBR Safe Inc. (NASDAQ: SOBR) Enters Advanced Remote Monitoring Agreements with Recovery Services Companies

SOBRsafe (NASDAQ: SOBR), a provider of next-generation, transdermal alcohol-detection solutions, has signed hardware/software agreements with two prominent recovery services: Hired Power and The Firm. According to the announcement, both companies have already made SOBRsure(TM) device purchases. In addition, following the anticipated launch of SOBRsafe’s enterprise client-management software, which offers passive, 24/7 capabilities and discrete, noninvasive client experiences, the two companies plan on replacing breathalyzers for use in remote-client monitoring. A leader in professionalized transition services, California-based Hired Power works with thousands of treatment centers, professionals and clients to help individuals achieve and maintain successful recovery and fulfillment. Tennessee-based The Firm…

TuesdayJun 04, 2024 1:10 pm

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Significantly Expands Fr8Radar, Enhancing Fr8App Platform’s Capabilities

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is an innovative logistics technology solutions company offering its custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine learning that offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region. The company has announced a significant milestone in the expansion of its Fr8Radar module in the first half of 2024, having successfully integrated with 15 new GPS providers, bringing the total number of GPS integrations to 28. “At Freight Technologies, we are committed to advancing the logistics industry through cutting-edge technology,” said Javier Selgas, chief executive officer of Freight…

TuesdayJun 04, 2024 12:41 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Showcases Leadership in Quantum Computing Industry at 19th Annual Needham Conference

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, has posted a recording of its recent fireside chat at the 19th Annual Needham Technology, Media and Consumer Conference. The discussion between D-Wave CEO Dr. Alan Baratz, D-Wave CFO John Markovich and Needham senior analyst Quinn Bolton addressed a variety of topics related to D-Wave’s leadership in the quantum computing industry, including its technical progress, why its annealing technology is more applicable to commercial applications, and how customers are using its solutions to address today’s highly…

TuesdayJun 04, 2024 11:04 am

TechMediaBreaks – Alphabet Inc.’s (NASDAQ: GOOGL) Strategic Expansion in Singapore and Its Financial Health

Alphabet’s (NASDAQ: GOOGL, GOOG) Google has recently completed a major expansion of its data center and cloud facilities in Singapore, marking a total investment of $5 billion in the country’s technical infrastructure. This move is a clear indication of Google’s commitment to strengthening its service capabilities and infrastructure in Southeast Asia. Google, a global leader in internet services and products, is well-known for its search engine, digital advertising, cloud computing, and various other technologies. This investment in Singapore is part of Google’s broader strategy to enhance its cloud services and data management capabilities across the globe. The financial performance of Google…

MondayJun 03, 2024 3:56 pm

TechMediaBreaks – Upstream Now Accepting Ether, Bitcoin Applications for ETFs to List

Upstream, a MERJ Exchange stock market and global trading app, is accepting applications for both Ether and Bitcoin Exchange-Traded Funds (“ETFs”) to list. This move comes after the U.S. Securities and Exchange Commission (“SEC”) approved the first eight applications for spot Ether ETFs, marking a significant milestone in the crypto and greater blockchain community as well as recognizing growing demand for exposure to cryptocurrencies in mainstream financial markets. According to the article, the approval implies that Ether, like Bitcoin, is a commodity. The SEC approved the following ETFs: Blackrock’s iShares Ethereum Trust, VanEck Ethereum Trust, Fidelity Ethereum Fund, ARK 21Shares Ethereum ETF,…

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