TechMediaBreaks Archive - Page 84 of 197

FridayJan 03, 2025 11:57 am

TechMediaBreaks – Cyngn Inc. (NASDAQ: CYN) Closes $9M Registered Direct

Cyngn (NASDAQ: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, has announced the closing of its registered direct offering priced at-the-market under Nasdaq rules for the purchase and sale of an aggregate of 15,000,000 shares of common stock (or pre-funded warrants in lieu thereof) at a purchase price of $0.60 per share (or $0.5999 for each pre-funded warrant). Cyngn secured gross proceeds of $9.0 million from the offering, of which it intends to use the net, together with its existing cash, for general corporate purposes and working capital. Aegis Capital Corp. acted as exclusive placement agent…

FridayJan 03, 2025 8:00 am

TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Secures New Public Safety Contracts in Kentucky

SuperCom (NASDAQ: SPCB), a global provider of e-Government, IoT, and cybersecurity solutions, announced two new contracts with key Kentucky agencies to deploy its advanced public safety technologies. The contracts, which displaced incumbent competitors, demonstrate SuperCom's growing U.S. presence and its ability to deliver tailored electronic monitoring and rehabilitation solutions. President and CEO Ordan Trabelsi highlighted the company's expanding footprint in Kentucky and its role in enhancing public safety infrastructure through innovative tools like PureProtect. These latest wins underscore SuperCom's momentum as a leading provider of public safety technologies across the U.S. To view the full press release, visit https://ibn.fm/Q6QXa About SuperCom…

ThursdayJan 02, 2025 2:51 pm

TechMediaBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Positions to Capitalize on Future Opportunities

HUB Cyber Security (NASDAQ: HUBC) (“HUB”), a leader in cybersecurity and advanced data fabric solutions, today provided an update on recent filings and share registrations. According to the announcement, the company filed an update to its registration statement with the U.S. Securities and Exchange Commission on Dec. 31, 2024. “These updates are a key part of our strategy to strengthen HUB's financial position and support future growth,” said Noah Hershcoviz, CEO of HUB. “By addressing important financial elements, we’re positioning the company to capitalize on future opportunities while ensuring transparency with our investors.” To view the full press release, visit…

ThursdayJan 02, 2025 12:48 pm

TechMediaBreaks – CISO Global Inc.’s (NASDAQ: CISO) Upward Trajectory Featured in Investing.com Article

CISO Global (NASDAQ: CISO), a premier cybersecurity solutions provider, was featured in a recent Investing.com article. The piece discusses CISO reaching a new 52-week high, with its stock price climbing to $3.61. “The micro-cap company, valued at $34 million, has seen its revenue grow by approximately 35% over the last twelve months, though InvestingPro data indicates the stock may be overbought at current levels. This milestone reflects a significant surge in investor confidence, as evidenced by the impressive 89% year-to-date return,” the article reads. “While the company operates in the growing cybersecurity sector, its gross profit margin of 13% suggests…

ThursdayJan 02, 2025 12:27 pm

TechMediaBreaks – Aegis Capital Corp. Acts as Agent on $5.48M Private Placement for Zoomcar Holdings Inc. (NASDAQ: ZCAR)

Aegis Capital has been in the wealth management and investment banking business since 1984 and is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis announced that it acted as the exclusive placement agent on a $5.48 million private placement for Zoomcar Holdings (NASDAQ: ZCAR). For more information, visit https://ibn.fm/EWHqb About Zoomcar Holdings Inc. Founded in 2013 and headquartered in Bengaluru, Zoomcar is a leading marketplace for car sharing focused in India. The Zoomcar community connects hosts with guests, who choose from a selection of cars for use…

ThursdayJan 02, 2025 12:05 pm

TechMediaBreaks – Aegis Capital Corp. Acts as Sole Bookrunner on a $10.35M IPO for Youxin Technology Ltd (NASDAQ: YAAS)

Aegis Capital has been in the wealth management and investment banking business since 1984 and is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis announced that it acted as the sole bookrunner on a $10.35 million initial public offering (“IPO”) for Youxin Technology (NASDAQ: YAAS). To view the full press release, visit https://ibn.fm/gohLx About Youxin Technology Ltd Youxin Technology, together with its subsidiaries, operates as a cloud-based software-as-a-service (“SaaS”) and platform-as-a-service (“PaaS”) provider in Mainland China. Its cloud-based SaaS product and PaaS platform help retail enterprises digitally…

ThursdayJan 02, 2025 8:10 am

TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Expands U.S. Footprint with Electronic Monitoring Contracts in South Dakota

SuperCom (NASDAQ: SPCB), a global leader in e-Government, IoT, and Cybersecurity solutions, has secured seven electronic monitoring contracts with county Sheriff agencies in South Dakota, marking its first entry into the state. These deployments will leverage the company’s cutting-edge PureOne technology, known for real-time GPS tracking and reliable performance in diverse environments. South Dakota is the fourth new state SuperCom has entered since August 2024, reflecting its rapid U.S. expansion. CEO Ordan Trabelsi highlighted the growing demand for advanced monitoring solutions and reiterated the company's commitment to supporting law enforcement and enhancing public safety nationwide. To view the full press release,…

ThursdayJan 02, 2025 8:00 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Launches Electric Van into Home Services Sector with Mr. Appliance Partnership

Mullen Automotive (NASDAQ: MULN) has sold its Mullen ONE All-Electric Cargo Van to Mr. Appliance of Owings Mills, Maryland, marking its entry into the home service market. This move positions the emerging electric vehicle manufacturer to address a critical industry need for cost-effective transportation solutions. With transportation costs accounting for over 30% of operating expenses in the home service sector, the Mullen ONE offers significant savings, including reduced fuel costs, lower maintenance expenses, and eligibility for a $7,500 federal tax credit. CEO David Michery highlighted the importance of this collaboration in supporting operational efficiency and sustainability for home service businesses. To…

MondayDec 30, 2024 1:11 pm

TechMediaBreaks – Why The Coretec Group Inc. (CRTG) Is ‘One to Watch’

The Coretec Group (OTCQB: CRTG) is a technology leader specializing in silicon-based solutions that advance energy storage, materials science and visualization technologies. “Through cutting-edge developments like the Endurion program and CHS, the company is driving progress in electric vehicles (‘EVs’), semiconductors and clean technology. Additionally, it is broadening its reach into 3D visualization with its CSpace platform, exemplifying its dedication to transformative advancements across diverse industries,” reads a recent article. “The Endurion program redefines lithium-ion battery performance by integrating silicon anodes to replace traditional graphite… The Coretec Group’s cyclohexasilane (‘CHS’) technology offers unparalleled atom density, enabling advancements in high-growth industries such…

MondayDec 30, 2024 12:39 pm

TechMediaBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Faces Stock Decline Following Stake Transfer

Trump Media & Technology Group (NASDAQ: DJT), the parent company of Truth Social, is currently facing a decline in its stock value. This decline follows the announcement that President-elect Donald Trump has transferred his stake in the company to a trust. The stock price of DJT is approximately $34.27, marking a decrease of about 5% or $1.81. This drop in value reflects the market’s reaction to Trump’s decision to transfer his shares. The stock has seen fluctuations today, with a low of $33.41 and a high of $35, indicating some volatility in investor sentiment. Over the past year, DJT has…

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