Stockwinners Market Radar for December 28, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service |
AVTX | Hot Stocks19:50 EST Avalo Therapeutics trading halted, news pending
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VS | Hot Stocks19:50 EST Versus Systems trading halted, news pending
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FCPT | Hot Stocks17:50 EST Four Corners Property Trust acquires two Popeye properties for $4.7M - Four Corners Property Trust "announces the acquisition of two Popeyes properties for $4.7 million. The properties are located in strong retail corridors in Arizona and Illinois and are occupied under a long-term, triple net lease with approximately 20 years of term remaining. The properties are in the final stages of construction but rent will commence immediately at close. The transaction was priced at a cap rate in range with previous FCPT transactions."
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IOAC ZCAR | Hot Stocks17:19 EST Innovative International Acquisition, Zoomcar complete business combination - Innovative International Acquisition, formerly a Cayman Island registered blank-check special purpose acquisition company, and Zoomcar, an emerging market focused peer2peer car sharing company, are pleased to announce the closing of their previously announced merger. Prior to Closing, IOAC transferred by way of continuation out of the Cayman Islands and into the State of Delaware, so as to become a Delaware corporation. The Combined Company resulting from the merger was, effective at Closing, renamed Zoomcar Holdings, Inc. and expects to begin trading on NASDAQ on December 29, 2023 under the ticker symbol "ZCAR" for its common stock and "ZCARW" for its publicly traded warrants.
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LMT | Hot Stocks17:12 EST Lockheed Martin awarded $107.48M Navy contract order - Lockheed Martin was awarded a not-to-exceed $107.48M, undefinitized, cost-plus-fixed-fee modification to an order against a previously issued basic ordering agreement. This modification adds scope to provide for the development, test and integration of the U.S. and exportable cross domain solution, interim and final components, as well as inline file encryption devices and associated systems engineering to develop mission planning enterprise country kit requirements for the F-35 NextGen Mission Planning Enterprise Software, in support of the Joint Strike Fighter Program for the Navy, Air Force, Marine Corp, Foreign Military Sales customers, and non-U.S. Department of Defense, or DOD, participants. Work is expected to be completed in July 2028. FY24 research, development, test and evaluation funds in the amount of $2.25M FY24 research, development, test and evaluation funds in the amount of $2.25M and non-U.S. DOD participant funds in the amount of $1M, will be obligated at the time of award, none of which will expire at the end of the current fiscal year. Naval Air Systems Command is the contracting activity.
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LEN | Hot Stocks16:57 EST Lennar CFO sells $1.48M in common stock - In a regulatory filing, Lennar disclosed that its CFO Diane Bessette sold 10K shares of common stock on December 26th in a total transaction size of $1.48M.
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ANNX | Hot Stocks16:44 EST Annexon director buys $1.0M in common stock - In a regulatory filing, Annexon disclosed that its director Muneer Satter bought 350K shares of common stock on December 26th in a total transaction size of $1.0M. Shares are up 5.5% at $4.82 afterhours.
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COIN... | Hot Stocks16:38 EST India to block URLs of 9 offshore platforms including Binance and Kraken - India's Financial Intelligence Unit said, in part, Thursday that "nine offshore Virtual Digital Assets Service Providers, VDA SPs under Section 13 of the Prevention of Money Laundering Act, 2002, PMLA including Binance, Kraken, Kucoin and Mexc are operating illegally without complying with the provisions of PML Act in India. Virtual Digital Assets Service Providers, VDA SPs, were brought into the ambit of Anti Money Laundering/Counter Financing of Terrorism or AML-CFT framework under the provisions of the Prevention of Money Laundering Act PML Act, 2002 in March 2023.Director FIU IND has written to Secretary, Ministry of Electronics and Information Technology to block the URLs of said entities that are operating illegally without complying with the provisions of the PML Act in India." Publicly traded companies in the space include: Coinbase (COIN) Bitcoin (BITCOIN), Ethereum ($ETH), Litecoin ($LTC), Bitcoin Investment Trust (GBTC), MicroStrategy (MSTR) Marathon Digital (MARA) Riot (RIOT) Platforms Reference Link
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FDX | Hot Stocks16:22 EST FedEx CFO buys $252K in common stock - In a regulatory filing, FedEx disclosed that its CFO John Dietrich bought 1K shares of common stock on December 28th in a total transaction size of $252K.
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TTNP | Hot Stocks16:19 EST Titan Pharmaceuticals announces 1-for-20 reverse stock split - Titan Pharmaceuticals announced that its Board of Directors has approved a 1-for-20 reverse stock split of the Company's common stock, which will be effective following the filing of an amendment to the Company's Amended and Restated Certificate of Incorporation. The Company's stockholders approved the reverse stock split at a Special Meeting of Stockholders on December 27, 2023. The Company's shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market following the filing of the Amendment, which is intended go effective on January 9, 2024.
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KAI | Hot Stocks16:18 EST Kadant acquires Key Knife for $156M in cash - Kadant has entered into a definitive agreement to acquire Key Knife, Inc. and certain of its affiliates for approximately $156M in cash, subject to certain customary adjustments. The acquisition is expected to close in early January 2024, subject to the satisfaction of customary closing conditions, and will be financed primarily through borrowings under Kadant's revolving credit facility. Founded in 1986, Key Knife is a global supplier of engineered knife systems for custom chipping, planing, and flaking solutions for wood product industries.
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BCBP | Hot Stocks16:17 EST BCB Bancorp CEO Thomas Coughlin to retire, Michael Shriner to succeed - BCB Bancorp announced that Michael Shriner has been named president and CEO of BCB Bancorp and BCB Community Bank, effective January 1, 2024. Retiring president and CEO Thomas Coughlin will continue to serve on the company's board of directors. Shriner, a 35-year veteran of banking, was formerly president and CEO of Millington, New Jersey-based MSB Financial Corp. and Millington Bank prior to being acquired by Kearny Bank.
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GLOB | Hot Stocks16:17 EST Globant acquires Iteris Holding Ltda - Globant "announced the acquisition of Iteris Holding Ltda., a Brazilian business and technology consultancy focused on delivering digital transformation. This acquisition enhances Globant's current operations in Brazil by adding top local digital capabilities and an impressive client roster. Founded in 2009 in Sao Paulo, the Iteris team includes over 600 top professionals that develop end-to-end solutions across several industries, such as payments & banking, manufacturing, communications, education, retail, and healthcare for some of the strongest brands in Brazil, such as Fiserv, PagBank, Julius Baer, Nubank, Nutrien, Globo, C&A, Reckitt, and Heineken, among others."
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ABNB | Hot Stocks16:14 EST Airbnb CEO sells $27.3M in common stock - In a regulatory filing, Airbnb disclosed that its CEO Brian Chesky sold 197.1K shares of common stock on December 26th in a total transaction size of $27.3M.
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BWV | Hot Stocks16:12 EST Onconetix discloses Chief Business Officer resigns - In a regulatory filing, Onconetix disclosed that on and effective December 21, Erin Henderson resigned as Chief Business Officer of the company to pursue other opportunities. "The company and Ms. Henderson are in the process of finalizing the terms of a Separation Agreement and a Consulting Agreement, pursuant to which Ms. Henderson will serve as a consultant to the company for three months," the filing noted. Reference Link
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RGS | Hot Stocks16:08 EST Regis to appeal NYSE determination to delist common stock - Regis announced that it has requested an oral hearing of the NYSE's decision to commence proceedings to delist Regis' common stock from the New York Stock Exchange. Regis looks forward to presenting its plan of compliance at the hearing, and in the interim, will continue to evaluate all available listing options. During this time, Regis common stock has not been suspended from trading and is expected to continue to be listed and traded on the NYSE while any such appeal remains pending. However, the NYSE reserves the right, while the appeal remains pending, under subsequent committee review to determine that trading in Regis common stock should be suspended.
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KMI NEP | Hot Stocks16:08 EST Kinder Morgan closes on $1.815B purchase of NextEra Partners' South Texas assets - Kinder Morgan (KMI) has closed on its previously announced $1.815B acquisition of NextEra Energy Partners' (NEP) South Texas assets, which includes a set of integrated, large diameter high pressure natural gas pipeline systems that connect the Eagle Ford basin to key growing Mexico and Gulf Coast demand markets. The acquisition includes a 90% interest in the NET Mexico pipeline, Eagle Ford Midstream and a 50% interest in Dos Caminos - Howard Energy Partners owns the remaining 50% and will continue to operate the pipeline. Dos Caminos recently placed in service a 62-mile pipeline connecting HEP's existing midstream pipeline and facilities in Webb County, Texas to KMI's new Eagle Ford pipeline, which was placed in service on November 1, 2023. This portfolio of assets is highly contracted, with an average contract length of over 8 years. Approximately 75% of the business is supported by take-or-pay contracts. KMI expects the acquisition to be accretive to its preliminary 2024 budget guidance with the purchase price equal to 8.6 times the 2024 EBITDA and a long-term investment-to-EBITDA multiple of approximately 7.0-7.5 times, inclusive of commercial synergies. Initially, we plan to fund the transaction with cash on hand and short-term borrowings, increasing our expected Net Debt-to-Adjusted EBITDA ratio for 2024 by approximately 0.1 times after including a full year Adjusted EBITDA contribution from the asset. "We are pleased to add these assets to our natural gas portfolio to serve growing LNG, industrial, Mexico export and power generation demand markets on the U.S. Gulf Coast. These assets integrate well with our existing South Texas footprint and extend our direct connectivity in the lean area of the Eagle Ford Basin, allowing us to offer LNG customers greater access to desirable low-nitrogen natural gas supply," said KMI President of Natural Gas Pipelines Sital Mody.
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ALRM | Hot Stocks16:07 EST Alarm.com, Vivint settle litigation, enter into license agreement - Alarm.com and Vivint announce they have resolved all outstanding litigation between them and entered into a long-term intellectual property license agreement under which Alarm.com will license to Vivint its intellectual property portfolio.
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AGAE | Hot Stocks16:06 EST Allied Gaming & Entertainment announces investment from Elite Fun Entertainment - Allied Gaming & Entertainment announced that Elite Fun Entertainment Co. Ltd., a premier player in the Macau cultural and entertainment industry, has agreed to a strategic investment in AGAE. On December 28, 2023, Elite Fun Entertainment Co., Ltd. agreed to acquire 7,330,000 shares of Allied Gaming & Entertainment's common stock at a purchase price of $0.90 per share for a total purchase price of $6,597,000. In addition, the parties have agreed to negotiate and finalize a collaboration or partnership agreement under which Elite Fun Entertainment Co., Ltd. will assist the Company with organizing live shows and events in Asia.
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NKGN | Hot Stocks16:06 EST NKGen Biotech doses first patient in SNK01 trial - NKGen Biotech announced the dosing of the first patient in its Phase 1/2a trial evaluating SNK01, a cryopreserved autologous, non-genetically modified NK cell therapy product with enhanced cytotoxicity and activating receptor expression. This Phase 1/2a trial is evaluating safety and tolerability in participants with moderate AD. The Phase 1 is an open label safety evaluation to determine the maximum tolerated dose and/or recommended Phase 2 dose of SNK01. The Phase 2 is a randomized double-blind trial evaluating the safety and efficacy of SNK01 in moderate AD.
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BSX | Hot Stocks16:03 EST Boston Scientific now anticipates FDA approval of FARAPULSE PFA System in Q1 - Boston Scientific announced it has initiated the AVANT GUARD clinical trial to evaluate the safety and effectiveness of the FARAPULSE Pulsed Field Ablation, or PFA, System as a first-line treatment for persistent atrial fibrillation, or AF, noting it is "the only trial to study the use of PFA as frontline therapy in patients with this form of AF." Outcomes of ablation with the FARAPULSE PFA System - a nonthermal treatment in which electric fields selectively ablate heart tissue - will be compared to outcomes following use of anti-arrhythmic drug therapy, which is commonly prescribed for patients living with persistent AF. This week, the Cleveland Clinic enrolled the first patient in the AVANT GUARD trial, overseen by Dr. Oussama Wazni, vice chair of cardiovascular medicine and section head, Cardiac Electrophysiology and Pacing, Cleveland Clinic, who is also serving as the lead investigator of the trial. Earlier this year, clinical trial data presented demonstrated the FARAPULSE PFA System is noninferior to standard-of-care therapies for the treatment of paroxysmal AF, with superior efficiency, while additional real-world data from more than 17,000 patients demonstrated continued real-world safety, efficacy and efficiency of the system. Boston Scientific also completed enrollment in the first phase of the ADVANTAGE AF clinical trial in the third quarter of 2023, which is studying the system for the treatment of patients with drug refractory symptomatic persistent AF, and commenced enrollment in an extension arm of the study to evaluate the safety and effectiveness of adjunctive use of the FARAPOINT PFA Catheter for cavotricuspid isthmus ablations, a procedure used to treat atrial flutter. The company now anticipates U.S. Food and Drug Administration approval of the FARAPULSE PFA System in the first quarter of 2024.
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BARK | Hot Stocks16:01 EST Bark announces departure of Chief Technology Officer - BARK announced that Nari Sitaraman will be stepping down from his role as Chief Technology Officer to take a role at another company. Mr. Sitaraman will remain the CTO of BARK through January 19th, 2024. Eric Picard, Vice President of Product Management
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GFI... | Hot Stocks15:31 EST Gold Fields falls over 10% after cutting production volumes, personnel issues - Earlier on Thursdsay, global gold producer Gold Fields Limited (GFI) announced an update to production of first gold from its Salares Norte Project in Chile, which has been impacted by delays in pre-commissioning and commissioning activities. First gold from the Project is now expected by April 2024 and production volumes for 2024 have been revised down and are expected to fall within a range of 220,000 - 250,000 gold-equivalent ounces. Monthly steady state production is expected to be reached by the beginning of 2025 and therefore planned production volumes for 2025 and 2026 are not expected to be affected and remain unchanged at 600,000 gold-equivalent ounces each year....Gold Fields had anticipated first gold from the project in Chile's Atacama region by December 2023, but this has had to be pushed out due to a number of factors including: Recent delays to the pre-commissioning process due to rework required on critical safety aspects relating to the cyanide circuit and other reagent circuits. This has had a knock-on effect on the pre-commissioning and commissioning processes. Personnel availability for the primary contractor at the project.Shares of Gold Fields are down $1.65 per share in late day trading to $14.50 per share. Other mining companies in Chile include: Anglo American (NGLOY), Antofagasta (ANFGF), Teck Resources (TECK), Barrick Gold (GOLD), and Freeport-McMoRan (FCX). Reference Link
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IOAC | Hot Stocks15:09 EST Innovative International Aqstn Corp trading resumes
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IOAC | Hot Stocks15:04 EST Innovative International Aqstn Corp trading halted, volatility trading pause
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CYTH AMTI | Hot Stocks14:57 EST Cyclo Therapeutics closes AMT merger, cash runway extended into 2H - Cyclo Therapeutics (CYTH) and Applied Molecular Transport (AMTI) announced the closing of its previously announced transaction pursuant to which AMT will merge with Cyclo Therapeutics in an all-stock transaction. The combined company will now operate under the name "Cyclo Therapeutics, ." and will continue trading on The Nasdaq Capital Market under the ticker symbol "CYTH". Cyclo Therapeutics' primary focus will continue to be on advancing its pivotal Phase 3 global study or transportNPC evaluating Trappsol Cyclo for Niemann-Pick Disease Type C1 NPC1. "The completion of this merger with Applied Molecular Transport represents a significant milestone and bolsters our confidence and excitement for the future of Cyclo Therapeutics. With the merger now closed and following our recent positive Type C meeting with the FDA, fundamentally the Company has never been stronger," commented N. Scott Fine, CEO of Cyclo Therapeutics...The compny noted that: cash runway extended into 2H 2024 with approximately $11M cash on hand to fund operations "Moving forward, we are focused on completing our Phase 3 study and executing on the regulatory submission process, assuming a successful outcome in our pivotal study. We remain dedicated to providing a much-needed treatment option for NPC patients." The combined company will be led by the existing Cyclo Therapeutics management team and will be headquartered in Gainesville, FL. Subsequent to the closing of the transaction, Shawn Cross, Chief Executive Officer and Board Chair of AMT has been appointed to the Cyclo Therapeutics Board of Directors.
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BKYI CRRFY | Hot Stocks14:40 EST BIO-key and Evolutio team on Carrefour intergration of AuthControl in Spain - BIO-key International (BKYI) announced that Carrefour (CRRFY) is integrating BIO-key's AuthControl Sentry cloud solution in Spain in collaboration with Evolutio, a trusted partner of BIO-key's Swivel Secure Europe subsidiary. The strategic collaboration is part of Carrefour's ongoing commitment to operational excellence and data security. AuthControl Sentry is now a key component in safeguarding the authentication process for Carrefour's 6,500 Spanish employees. The solution protects access to critical services and reinforces the company's dedication to the highest standards of data security and privacy. Alex Rocha, Managing Director of BIO-key Europe, commented, "We are honored to have leading global retailer Carrefour implement our AuthControl Cloud Sentry solution in Spain. This collaboration, facilitated by our partner Evolutio, showcases the security, versatility and reliability of our products in meeting the complex cybersecurity needs of large-scale organizations. BIO-key Europe is committed to delivering top-tier security solutions that empower businesses like Carrefour to operate with confidence and resilience in an increasingly digital world. Our AuthControl solution not only enhances operational efficiency but also ensures the utmost security for our customers, their employees and critical data."
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IVR... | Hot Stocks13:31 EST Homebuying demand 'shows early signs of rebound,' Redfin says - "Declining mortgage rates and a double-digit increase in new listings are bringing house hunters off the sidelines, with pending sales posting their smallest decline in about 20 months," said data journalist at Redfin, Dana Anderson... Companies in the space include: Invesco (IVR) Rocket Companies (RKT), LendingTree (TREE), Discover (DFS Wells Fargo (WFC), Zillow (Z), Lennar (LEN) and Redfin (RDFN). Reference Link
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PDGNF LAD | Hot Stocks13:24 EST Pendragon says approval received from FCA for Lithia deal - In a notice to the London Stock Exchange, Pendragon (PDGNF) stated: "Pendragon is pleased to announce that the FCA Conditions have now been satisfied after both Pendragon and Lithia received approval from the FCA for the change of control of Pendragon Finance and Insurance Services Limited. As a result, and in accordance with the terms of the Sale Agreement, the completion date for the sale of the entire issued share capital of Pendragon NewCo 2 Limited, the entity that holds, either directly or indirectly through its wholly-owned subsidiaries, Pendragon's UK motor business (sale and servicing of vehicles in the UK) and leasing business (fleet and contract hire provider and used vehicle supply), to Lithia is expected to take place, following the satisfaction of the remaining customary completion conditions, on 31 January 2024 alongside the completion of the Subscription to Lithia and entry into the Strategic Partnership with a wholly-owned subsidiary of Lithia Motors, Inc.. Completion of the Transaction will mark the beginning of the transformation of Pendragon into Pinewood Technologies, a pure-play SaaS business, which operates the Company's dealer management software business. The Board strongly believes that the growth prospects for the Company will be enhanced materially as a result of becoming a standalone business, as well as through the Strategic Partnership with Lithia."
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X... | Hot Stocks13:04 EST White House issues proclamations on adjusting U.S. imports of steel, aluminum - The White House issued a pair of proclamations on adjusting U.S. imports of steel and aluminum. The proclamation on steel states in part: "Clause 2 of Proclamation 9705, as amended, is revised to read as follows: '(2)(a) In order to establish certain modifications to the duty rate on imports of steel articles, subchapter III of chapter 99 of the HTSUS is modified as provided in the Annex to this proclamation and any subsequent proclamations regarding such steel articles. (b) Except as otherwise provided in this proclamation, or in notices published pursuant to clause 3 of this proclamation, all steel articles imports covered by heading 9903.80.01, in subchapter III of chapter 99 of the HTSUS, shall be subject to an additional 25 percent ad valorem rate of duty with respect to goods entered for consumption, or withdrawn from warehouse for consumption.'" The proclamation on aluminum states in part: "Clause 2 of Proclamation 9704, as amended, is further amended in the second sentence by deleting 'and' before '(j)' and inserting before the period at the end: ', and (k) on or after 12:01 a.m. eastern standard time on March 10, 2023, from all countries except Argentina, Australia, Canada, Mexico, and from the member countries of the European Union through 11:59 p.m. eastern standard time on December 31, 2025, from the United Kingdom, for aluminum articles covered by headings 9903.85.25 through 9903.85.44, inclusive, and from Russia." Publicly traded companies in the steelmaking and aluminum products space include AK Steel (AKS), ArcelorMittal (MT), Cleveland-Cliffs (CLF), Nucor (NUE), Steel Dynamics (STLD), TimkenSteel (TMST), U.S. Steel (X) and Alcoa (AA). Reference Link
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FWBI | Hot Stocks12:32 EST First Wave BioPharma Inc trading resumes
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FWBI | Hot Stocks12:22 EST First Wave BioPharma Inc trading halted, volatility trading pause
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STG | Hot Stocks12:00 EST Sunlands Online rises 12.0% - Sunlands Online is up 12.0%, or $1.09 to $10.10.
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UFI | Hot Stocks12:00 EST Unifi rises 13.6% - Unifi is up 13.6%, or 84c to $7.01.
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AMPX | Hot Stocks12:00 EST Amprius Technologies rises 20.0% - Amprius Technologies is up 20.0%, or 96c to $5.75.
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GFI | Hot Stocks12:00 EST Gold Fields falls -9.7% - Gold Fields is down -9.7%, or -$1.56 to $14.58.
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SOS | Hot Stocks12:00 EST SOS Limited falls -10.1% - SOS Limited is down -10.1%, or -68c to $6.07.
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UP | Hot Stocks12:00 EST Wheels Up falls -23.5% - Wheels Up is down -23.5%, or -$1.35 to $4.39.
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BYN | Hot Stocks10:29 EST Banyan Acquisition Corp trading resumes
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ZJYL | Hot Stocks10:24 EST Jin Medical International Ltd trading resumes
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BYN | Hot Stocks10:24 EST Banyan Acquisition Corp trading halted, volatility trading pause
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ZJYL | Hot Stocks10:14 EST Jin Medical International Ltd trading halted, volatility trading pause
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PK | Hot Stocks10:00 EST Park Hotels & Resorts falls -4.7% - Park Hotels & Resorts is down -4.7%, or -77c to $15.57.
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MBI | Hot Stocks10:00 EST MBIA falls -4.9% - MBIA is down -4.9%, or -30c to $5.82.
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UP | Hot Stocks10:00 EST Wheels Up falls -8.7% - Wheels Up is down -8.7%, or -50c to $5.24.
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STG | Hot Stocks10:00 EST Sunlands Online rises 10.5% - Sunlands Online is up 10.5%, or 94c to $9.96.
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AMPX | Hot Stocks10:00 EST Amprius Technologies rises 12.5% - Amprius Technologies is up 12.5%, or 60c to $5.39.
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ATUS | Hot Stocks10:00 EST Altice USA rises 12.6% - Altice USA is up 12.6%, or 39c to $3.44.
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KSCP | Hot Stocks09:52 EST Knightscope announces contract for K5 ASR from real estate investment firm - Knightscope announces a new contract for its 5th Generation K5 Autonomous Security Robot from a privately owned, Miami-based real estate investment company. The K5 ASR will patrol a retail shopping center in Kansas City, Missouri.
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BA | Hot Stocks09:47 EST Boeing falls 1% after FAA statement on possible loose 737 Max bolts - The stock is down 1% to $259.74 in early trading.
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UFI | Hot Stocks09:47 EST Unifi rises 7.1% - Unifi is up 7.1%, or 44c to $6.61.
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WT | Hot Stocks09:47 EST WisdomTree rises 7.2% - WisdomTree is up 7.2%, or 48c to $7.18.
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ATUS | Hot Stocks09:47 EST Altice USA rises 7.9% - Altice USA is up 7.9%, or 24c to $3.29.
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PK | Hot Stocks09:47 EST Park Hotels & Resorts falls -4.7% - Park Hotels & Resorts is down -4.7%, or -76c to $15.58.
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KOLD | Hot Stocks09:47 EST ProShares UltraShort Bloomberg Natural Gas falls -4.8% - ProShares UltraShort Bloomberg Natural Gas is down -4.8%, or -$4.80 to $94.80.
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SOS | Hot Stocks09:47 EST SOS Limited falls -8.2% - SOS Limited is down -8.2%, or -56c to $6.20.
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BAER | Hot Stocks09:42 EST Bridger Aerospace Group Holdings Inc trading resumes
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BA | Hot Stocks09:41 EST FAA 'closely monitoring' 737 Max inspections for possible loose bolt - The Federal Aviation Administration said in a statement: "The FAA is closely monitoring targeted inspections of Boeing 737 MAX airplanes to look for a possible loose bolt in the rudder control system. Under consultation with the FAA, Boeing has issued a Multi-Operator Message, urging operators of newer single-aisle airplanes to inspect specific tie rods that control rudder movement for possible loose hardware. The FAA will remain in contact with Boeing and the airlines while the inspections are underway. The agency is asking the airlines to work through their approved Safety Management Systems to identify whether any loose hardware has been detected previously and to provide the agency with details on how quickly these two-hour inspections can be completed. The FAA will consider additional action based on any further discovery of loose or missing hardware. Boeing recommended the inspections after an international operator discovered a bolt with a missing nut while performing routine maintenance on a mechanism in the rudder-control linkage. The company discovered an additional undelivered aircraft with a nut that was not properly tightened." Reference Link
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BAER | Hot Stocks09:37 EST Bridger Aerospace Group Holdings Inc trading halted, volatility trading pause
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BYD... | Hot Stocks09:33 EST Nevada reports November statewide gaming win up 12.56% to $1.37B - Nevada reports November Las Vegas Strip gaming win up 22.63% versus last year to $820.99M. Publicly traded companies in the casino and online betting space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (PDYPY), Gan Limited (GAN), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn Entertainment (PENN), William Hill (WIMHY) and Wynn Resorts (WYNN).
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APLE | Hot Stocks09:18 EST Apple Hospitality REIT acquires SpringHill Suites in Las Vegas for $75M - Apple Hospitality REIT announced the acquisition of the 299-room SpringHill Suites by Marriott Las Vegas Convention Center for approximately $75M, or $251,000 per key. The SpringHill Suites Las Vegas Convention center opened in October 2009 and is located at 2989 Paradise Road, Las Vegas, Nevada. Adjacent to the newly expanded Las Vegas Convention Center, the Hotel features amenities including spacious guest rooms, more than 10,000 square feet of flexible indoor and outdoor meeting space, a rooftop pool with views of the Las Vegas Strip, and a seven-story parking garage and surface lot with a combined total of 244 spaces. The surface lot is zoned and master planned for future development of additional hotel rooms. There are many conditions to closing on each of these hotels that have not yet been satisfied, and there can be no assurance that closings on these hotels will occur under the outstanding purchase contracts.
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SGHT | Hot Stocks09:17 EST Sight Sciences announces withdrawal of final LCDs on MIGS from five contractors - Sight Sciences supports the decision announced by five Medicare Administrative Contractors to withdraw their final local coverage determinations for Micro-Invasive Glaucoma Surgery that were scheduled to take effect on January 29, 2024. These five MACs, WPS Government Health Administrators, Palmetto GBA, Celerian Group Company, National Government Services, and Noridian Healthcare Solutions, previously published LCDs on MIGS, which identified certain procedures as investigational for glaucoma management in patients over the age of 18, including canaloplasty in combination with trabeculotomy ab interno, which is a procedural description associated with the Company's OMNI Surgical System. All five MACs have now issued statements that the final LCDs will not go into effect on January 29, 2024. As a result, there will be no change in January 2024 to the current Medicare coverage for MIGS procedures performed with the OMNI Surgical System.
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ZKIN | Hot Stocks09:09 EST ZK International Group shares corporate update on recent developments - ZK International Group shares a corporate update highlighting recent developments and the launch of its new website. In a move to provide a more engaging and informative experience, ZK International unveils its redesigned website. This user-friendly platform showcases the core businesses, diverse product portfolio, highlights key projects, and serves as a dynamic hub for the latest industry insights on the Company. ZK International recently achieved a significant milestone by securing a $8 million bid in collaboration with Chongqing Gas Group. This success is a testament to our commitment to excellence, quality, and customer satisfaction, reinforcing our competitive edge in the Western China Gas Market. In a move to capitalize on our market momentum, ZK International has successfully closed a $5 million financing above the market. In addition, ZK International Group is pleased to announce that it is Nasdaq compliant, having successfully resolved the bid price deficiency concern. The Nasdaq Listing Qualifications staff has confirmed the company's compliance with all applicable listing standards.
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RR | Hot Stocks09:08 EST Richtech Robotics enters strategic partnership with MAC USA - Richtech Robotics announces a strategic alliance with MAC Marketing. This partnership aims to revolutionize how merchants streamline their operations and elevate customer experiences through cutting-edge automation. As part of this partnership, MAC-USA will integrate Richtech Robotics' robotic solutions, ADAM and Matradee L, into their POS systems. Through a seamless application programming interface connection, ADAM will fulfill beverage orders instantaneously upon transaction, while Matradee L will prepare for food deliveries upon POS order confirmation.
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GLDD | Hot Stocks09:07 EST Great Lakes Dredge receives $173.7M in awarded work - Great Lakes Dredge & Dock announced the receipt of several dredging awards totaling $173.7M. The awarded work includes: Sabine-Neches Waterway Channel Improvement Project-Phase 1; Great Egg Harbor Inlet Beach Renourishment Project; St. Augustine Shore Protection Project; Duval County Shore Protection Beach Renourishment Project; Atchafalaya Bay and Bar Maintenance Dredging Project.
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ALGT | Hot Stocks09:07 EST Allegiant Travel reports November total system passengers up 9.2% y-o-y - Allegiant Travel Company reported preliminary passenger traffic results for November 2023. Total system passengers were up 9.2% to 1,333,604; available seat miles were up 9.3%; Departures were up 9.8% to 9,529; and average stage length was down (0.2%) to 873.
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NRBO | Hot Stocks09:03 EST NeuroBo submits IND application to FDA for Phase 1 trial of DA-1726 - NeuroBo Pharmaceuticals announced that it has submitted an Investigational New Drug, IND, application to the U.S. Food and Drug Administration, FDA. The IND application supports a Phase 1 clinical trial of DA-1726, a novel, dual oxyntomodulin analog agonist that functions as a glucagon-like peptide-1 receptor, GLP1R, and glucagon receptor for the treatment of obesity. "Filing of the IND for DA-1726 is as a seminal event in the development of this GLP-1 and glucagon dual receptor, bringing it one step closer to the clinic as a potential new treatment to address the significant obesity market," stated Hyung Heon Kim, President and Chief Executive Officer of NeuroBo. "Preclinical evidence shows that DA-1726 reduced food intake while also increasing energy expenditure, which resulted in persistent weight loss in diet-induced obese mice and rats. Importantly, in mouse models, DA-1726 showed superior weight loss compared to semaglutide. Additionally, the administration of DA-1726 resulted in similar weight reduction while consuming more food compared to tirzepatide. It is our belief that DA-1726's balanced activation between GLP-1 and glucagon receptors, may lead to better glycemic control and may have a better tolerability profile than current GLP-1 agonists. We look forward to initiating the clinical development for DA-1726, with the first dose expected to be administered in the first half of 2024 and an expected data readout in the first half of 2025."
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MULN | Hot Stocks09:02 EST Mullen Automotive delivers 50 Class 1 EV cargo vans to Randy Marion - Mullen Automotive announces delivery of 50 all-electric Mullen ONE, Class 1 cargo vans to Randy Marion Automotive Group with the Company invoicing RMA for $1,680,000. The Company anticipates shipping and invoicing a total of 285 Mullen ONE cargo vans within the next five business days to Randy Marion Automotive Group.
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LMFA | Hot Stocks09:02 EST LM Funding sells Symbiont's blockchain technology to Platonic Holdings - LM Funding has signed an agreement to sell Symbiont's blockchain technology for $2M to Platonic Holdings. $200K of the sale price will be held in escrow until December 26, 2024. LM Funding acquired the assets of Symbiont.IO as debtor in possession in its Chapter 11 bankruptcy case and they are recorded on the company's books for $2M. The company closed the deal on December 27, 2023.
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GETY | Hot Stocks09:00 EST Getty Images named official photo distribution, licensing provider of CFP - Getty Images has been named an Official Photo Distribution and Licensing Provider of the College Football Playoff, the premier postseason event that determines the national champion for the Football Bowl Subdivision. As part of the multi-year agreement, Getty Images will distribute and license CFP-owned imagery for both editorial and commercial uses via gettyimages.com. This includes photo coverage from all upcoming games and events, including the CFP National Championship, as well as the CFP's expanded format to a 12-team playoff for the 2024 and 2025 seasons.
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BCTX | Hot Stocks08:58 EST BriaCell reports 71% CNS response rate in advanced breast cancer patients - BriaCell Therapeutics reports marked 71% intracranial objective response rate in advanced breast cancer patients suffering from central nervous system metastases and treated with BriaCell's Bria-IMT regimen. iORR is defined as the percentage of patients who achieve either a complete response or partial response in intracranial tumors. Breast cancer metastasis to the CNS presents a significant clinical challenge, often leading to poor prognosis and early death. BriaCell has recently conducted a retrospective analysis in breast cancer patients with CNS metastases enrolled across both its Bria-IMT monotherapy and combination therapy with CPI studies and found remarkable clinical responses. BriaCell Clinical Data in Advanced Metastatic Breast Cancer Patients with CNS Metastases Yhe Bria-IMT Regimen: CNS lesions improved in 71% of patients, supporting clinical efficacy of the Bria-IMT regimen; Findings provide evidence for the efficacy of the Bria-IMT regimen, both alone and in combination with CPI, in CNS metastases patients; Heavily pretreated metastatic breast cancer patients had failed multiple prior treatments including one patient who had failed treatments with 2 antibody-drug conjugates; Regression of CNS metastatic tumors was observed across all breast cancer subtypes in heavily pretreated patients highlighting the potential of the Bria-IMT regimen in managing CNS metastases; BriaCell is adding a pre-planned subgroup analysis of patients with CNS metastases to its pivotal Phase 3 study in advanced metastatic breast cancer patients. This could provide an additional indication for market approval of Bria-IMT.
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CNDT CNSWF | Hot Stocks08:53 EST Conduent to sell Curbside Management, Public Safety businesses to Modaxo - Conduent Incorporated (CNDT) announced a definitive agreement to sell its Curbside Management Solutions and Public Safety Solutions businesses to Modaxo, a division of Constellation Software Inc. (CNSWF). Modaxo is a global portfolio company focused on advancing people transportation solutions. The transaction is expected to close in the first quarter of 2024. The closing is subject to the satisfaction of customary closing conditions and regulatory approvals. The two businesses, which support approximately 130 government clients across the globe, operate largely independent from the rest of Conduent's transportation portfolio. Curbside management provides parking enforcement systems and public safety provides automated photo enforcement processing, both for state and local municipalities.
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CNSWF CNDT | Hot Stocks08:51 EST Modaxo to acquire Curbside Management, Public Safety businesses from Conduent - Constellation Software Inc. (CNSWF) announced that its People Transportation Division operating as Modaxo, has signed an agreement to acquire the Curbside Management and Public Safety Businesses from Conduent Incorporated (CNDT). Completion of the acquisition remains subject to closing conditions. Conduent's Curbside Management business provides parking management systems to the public sector, while their Public Safety business provides traffic management solutions such as automated photo enforcement for speed and red-light violations processing to its government clients.
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DATS | Hot Stocks08:49 EST DatChat unveils Habytat AI social gaming, developer platform - DatChat announced the release of its new AI social gaming platform and developer program for game designers and content creators. Additionally, DatChat launched the full HabyPets AI-powered interactive game, allowing users to adopt, train and showcase their pets in competitions. HabyPets, an AI-powered social pet game on the Habytat platform, provides an interactive experience within the Habytat world, creating a more immersive and personal experience for users. HabyPets features include pet care, outdoor exploration, dog parks, training, and competitions. HabyPets opens the door to a growing bond with an AI-powered pet that evolves and learns from player interactions and personalization. Please visit Habypets.com for more information. The new developer program opens up the Habytat interactive platform to both game developers and content creators, enabling them to share in the revenue generated by their games and products. This includes those who wish to feature their games and products on the Habytat platform
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MRNA | Hot Stocks08:44 EST Moderna exec sells $4.5M in common stock - In a regulatory filing, Moderna disclosed that its president Stephen Hoge sold 45K shares of common stock on December 27th in a total transaction size of $4.5M.
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IDAI | Hot Stocks08:41 EST Trust Stamp partners with Scurid for AI-powered in-field authentication - Trust Stamp has entered a partnership with Scurid, a global pioneer in delivering cutting-edge solutions for Industrial Internet of Things - IIoT - device identity and access management - IAM - platform, that enhances device identities through the incorporation of interoperability and data management functionalities. Scurid's platform enables connectivity among IoT edge devices, IoT platforms, databases, and other applications. Scurid has joined forces with Trust Stamp, to leverage the benefits of biometrics as it opens an avenue to elevate the usability and security of IoT devices. Scurid, in synergy with Trust Stamp's biometric verification, aims to revolutionize secure identification and authorization across diverse IoT deployments such as fleet management, smart manufacturing, smart cities, and smart warehouses.
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GTLS | Hot Stocks08:38 EST Chart Industries receives multiple LNG-related awards - Chart Industries announced the recent receipt of multiple LNG-related awards, including: IPSMR liquefaction technology for two modular trains of a multi-train international Big LNG project; IPSMR liquefaction technology for a mid-scale plant in Asia Pacific; North American small-scale LNG nitrogen cycle technology and associated equipment; various LNG infrastructure related orders, including tanks, fueling stations in Europe, and Morocco's first LNG regasification units; Repair and service work at a Middle East LNG project.
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CNDT CNSWF | Hot Stocks08:37 EST Conduent to sell Curbside Management and Public Safety Solutions businesses - Conduent (CNDT) announced a definitive agreement to sell its Curbside Management Solutions and Public Safety Solutions businesses to Modaxo, a division of Constellation Software (CNSWF). The two businesses, which support approximately 130 government clients across the globe, operate largely independent from the rest of Conduent's transportation portfolio. Curbside management provides parking enforcement systems and public safety provides automated photo enforcement processing, both for state and local municipalities. The sale is for an enterprise value of approximately $260M, including the assumption of certain indebtedness, and is subject to customary purchase price adjustments. The purchase price represents approximately eight times the trailing twelve months of adjusted EBITDA of the disposed businesses. The consummation of the transaction is subject to regulatory approval and the satisfaction or waiver of customary closing conditions, and is expected to close during the first quarter of 2024 with a portion of the proceeds paid in the first quarter of 2025. "This divestiture demonstrates continued progress in streamlining our portfolio to drive increased focus on our core capabilities and enable synergistic growth to create shareholder and client value. The proceeds from this transaction and that of our previously announced BenefitWallet transaction, will be used principally to reduce debt. We will continue to be open-minded regarding the use of capital associated with future portfolio rationalization efforts. We are committed to ensuring a seamless transition for our associates and clients while continuing to drive innovation in our road usage charging and transit businesses to enable streamlined, high-volume mobility services," said Cliff Skelton, Conduent President and CEO.
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FMST | Hot Stocks08:37 EST Foremost Lithium announces drilling plans on Zoro Lithium property - Foremost Lithium Resource & Technology announced its drilling plans on its Zoro Lithium Property located near the historic mining centre of Snow Lake in Manitoba. The Company is completing plans in preparation of 30-hole, 7,500-metre diamond drill winter program including submitting work permits at the Manitoba Mines Branch. The drill program on the Zoro Property will be in addition to the Company's recently announced 2,500 metre diamond drill program on its Jean Lake Lithium/Gold Property located in the same mining centre. Drilling on both properties will total 10,000 metres. Foremost Lithium's Zoro and Jean Lake Properties share contiguous borders with Snow Lake Lithium's Thompson Brothers and Grass River properties, which are disclosed as having an aggregate measured, indicated and inferred resource estimate of approximately 8.2 million tonnes of 1% Li2O. The Zoro Property is directly adjacent to the Thompson Brother's lithium trend, known for hosting several lithium enriched occurrences. The Zoro Property is also adjacent to the Crowduck Bay Fault which is a significant regional focus for the development of lithium-enriched pegmatite clusters. Jason Barnard, Chief Executive Officer and President of Foremost Lithium, comments: "This is the most aggressive drill program our company has embarked on to date. With the most recent announcement of drilling on our Jean Lake Lithium/Gold Property, we will be running two winter drill programs on two different projects for a combined 10,000 metres of drilling this winter. We are pleased to be working our first drill program with Dahrouge and feel confident that we will be able to optimize our resource potential on both our Zoro and Jean Lake Properties to increase shareholder value."
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ASNS | Hot Stocks08:36 EST Actelis Networks receives order from North American rail operator - Actelis Networks has received an order for management software license and services in the amount of approximately $300K from a major North American rail operator. The order provides software license and software support for 3 years and grants the customer access to the latest version of Actelis' MetaASSIST Element Management System - EMS -, version 4.0. Actelis technology is utilized by the rail industry globally to enable instantaneous fiber-grade connectivity over long distances utilizing any wireline medium, from legacy copper to new fiber. The Actelis smart rail solution supports a variety of IoT applications. The backbone of the solution is Actelis' MetaASSIST software system which enables remote management, monitoring, and configuration of Actelis' network switches deployed trackside or in control centers, as well as monitoring of 3rd party IoT devices and alarms.
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SMID | Hot Stocks08:35 EST Smith-Midland Corp appoints Read Van de Water, Matthew Smith to board - Smith-Midland Corporation has appointed Ms. Read Van de Water and Mr. Matthew Smith to its Board of Directors. Ms. Van de Water was elected as the Chairman of the Nominating and Governance Committee. Van de Water is the Senior Vice President, External Affairs at Safran USA. Matthew Smith is the Vice President of Sales & Marketing at Smith-Midland and the President of Concrete Safety Systems. Van de Water will be replacing long-term board member Mr. Wesley A. Taylor who announced his retirement upon the appointment of Ms. Van de Water.
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KAVL | Hot Stocks08:34 EST Kaival Brands' Executive Chairman Barry Hopkins appointed as Interim CEO - Kaival Brands has expanded the role of Barry Hopkins, Executive Chairman, to include the positions of Interim CEO & President. Former CEO & President Eric Mosser has been appointed CEO & President of Kaival Brands International, the company's subsidiary which has an international licensing relationship with Philip Morris Products S.A., a wholly owned affiliate of Philip Morris International. Hopkins was appointed Chairman of the Board in March 2023 and has 40-year experience in the tobacco industry. Prior to retiring from Altria as Vice President of National Accounts in 2005, Hopkins led a team of National Account Executives responsible for more than 50% of Philip Morris' U.S.A. sales. After retiring from Altria, Hopkins joined Turning Point Brands where he led the post-acquisition operational activities of VaporBeast/Vapor Shark. In his last role at Turning Point Brands, Hopkins served as Senior Vice President of Executive Organizational Development. The Board of Directors of Kaival Brands plans to expand the company's senior management team by commencing a search for a permanent CEO and/or President during 2024 as the company's needs dictate.
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ICU | Hot Stocks08:32 EST SeaStar Medical enrolls 12 subjects in NEUTRALIZE-AKI trial - SeaStar Medical Holding announces enrollment of 12 subjects in the NEUTRALIZE-AKI pivotal clinical trial evaluating the safety and efficacy of its patented, first-in-class, cell-directed Selective Cytopheretic Device extracorporeal therapy in critically ill adults with acute kidney injury requiring continuous kidney replacement therapy. SeaStar Medical expects to receive U.S. Food & Drug Administration approval for its SCD Pediatric under a Humanitarian Device Exemption for use in children weighing 10 kilograms or more with AKI and sepsis or a septic condition requiring continuous CKRT anytime within the next 30 to 45 days and to commence commercialization of the SCD-PED in Q1 2024.
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SILO | Hot Stocks08:30 EST Silo Pharma receives approval to begin development of ketamine implant - Silo Pharma announced an update on its dosage and time-release ketamine-loaded implant, designated as SP-26, which is being developed as a potential at-home pain relief treatment for fibromyalgia and other chronic pain conditions. In collaboration with Sever Pharma Solutions, Silo's contract development and manufacturing partner, SP-26 is advancing through analytical testing and small batch pre-clinical proof of concept extrusion trials to determine drug release and stability. Following recent positive compliance inspections from the state and federal Drug Enforcement Administration authorities, Sever Pharma Solutions now has the required approval from such state and federal DEA authorities to commence working with ketamine and loading it into the implant. The dosage and time-release implant formulation will be studied utilizing the subcutaneous injection method. Early preclinical research will focus on the drug's safety profile with respect to the FDA's requirements for potential designation as an at-home therapeutic. Silo intends to pursue the FDA's streamlined 505(b)(2) pathway for approval of SP-26.
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TMC | Hot Stocks08:14 EST Metals Company subsidiary completes offshore research campaign - Metals Company, or TMC, concluded its latest offshore scientific research campaign to assess seafloor impacts and recovery rates twelve months after the pilot nodule collection system test conducted by its Nauru Ocean Resources - NORI . subsidiary. Despite disruptions from Greenpeace International aimed at hindering the collection of key environmental data requested by the ISA's Legal and Technical Commission, researchers were able to complete the major components of the scientific work scope slated for the campaign. The data gathered will further support NORI's application to the International Seabed Authority for a commercial exploitation contract, which it expects to submit following the July 2024 meeting of the ISA. Earlier this month, NORI began sharing emerging data on the characteristics of seafloor sediment plumes. In line with its commitment to share this environmental data with society, NORI also convened a global stakeholder webinar to provide an update on its environmental program.
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NEO NTRA | Hot Stocks08:13 EST NeoGenomics to appeal preliminary injunction by North Carolina court - NeoGenomics announced that NeoGenomics Laboratories, Inc., a subsidiary of NeoGenomics Inc., will appeal the preliminary injunction issued by the United States District Court for the Middle District of North Carolina. The initial determination is that Natera, Inc. demonstrated a likelihood that products using RaDaR technology infringe one Natera, Inc. patent. The order specifically allows patients already using RaDaR to continue their use. In addition, the order explicitly allows research projects and studies that are in progress, as well as clinical trials that are in progress or have been approved, to continue. In response to the court's ruling, Chris Smith, CEO of NeoGenomics said, "We continue to believe in RaDaR's innovative and distinguished technology and plan to appeal the Court's ruling and defend our technology. We remain committed to bringing our highly sensitive test to market and providing cancer patients and their clinicians with options for their care."
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PENN | Hot Stocks08:12 EST HG Vora confirms asking Penn Entertainment for seats on board - In a regulatory filing, HG Vora Capital Management disclosed that they hold the economic equivalent of an 18.5% position in Penn Entertainment's common stock, consisting of beneficial ownership of 14.5M shares of the company's outstanding common stock and a cash-settled swap agreement representing economic exposure to an additional 13.5M shares of common stock, plus other cash-settled options. "The Reporting Persons have deep experience investing in the casino and online gaming sectors, are long-term shareholders of the Issuer, and believe the Issuer's Common Stock is significantly undervalued. The Reporting Persons have discussed with the Issuer's management and its board of directors a range of topics focused on enhancing shareholder value. Given the persistent underperformance of the Common Stock and the Issuer's capital allocation track record, amongst other areas of concern, the Reporting Persons have requested that the Issuer afford them the right to designate highly qualified directors who would be committed to working with the Issuer's management and fellow Board members to help the Issuer realize its full potential," the firm stated in its filing. In pre-market trading, Penn shares are up 52c, or 2%, to $25.53. Reference Link
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PALI | Hot Stocks08:10 EST Palisade Bio receives second milestone payment for development of PALI-2108 - Palisade Bio received the second milestone payment to Giiant from the US Crohn's and Colitis Foundation, through its Inflammatory Bowel Disease - IBD - Ventures program. The previously announced US Crohn's and Colitis Foundation research program funding agreement with Giiant of up to $500K will support the development of the company's lead program, PALI-2108, an orally administered, locally acting colon-specific phosphodiesterase-4B inhibitor prodrug in development for patients affected by moderate-to-severely active ulcerative colitis.
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SING | Hot Stocks08:10 EST SinglePoint lists on CBOE, adds Tony Thomas to board - SinglePoint announce the appointment of Tony Thomas to its Board of Directors. Thomas serves as a Managing Director and Head of the financial advisory and asset management practice of Harbor Bankshares Capital Corporation.
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MDXG | Hot Stocks08:09 EST MiMedx announces conversion of outstanding Series B convertible preferred stock - MiMedx Group announced that its outstanding 95,000 shares of Series B Convertible Preferred Stock, together with any accrued dividends, were automatically converted into shares of the Company's Common Stock on December 22, 2023, in accordance with the Preferred Stock terms set forth in the Company's Articles of Incorporation. As a result of this conversion, approximately 30 million shares of Common Stock have been added to the Company's share count. The conversion of the shares ends the dividend accrual associated with the Preferred Stock.
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WULF | Hot Stocks08:08 EST TeraWulf reports fully funded 7.9 EH/s mining capacity, future expansion plans - TeraWulf provided a business update. Highlights include: fully funded 7.9 EH/s expansion, increasing self-mining capacity by 58%; Building 3 at the Lake Mariner facility is operational and ready for delivery, installation and energization of new miners; estimated deployment date of February 1, 2024, for all 18,500 BITMAIN Antminer S19j XP bitcoin miners; additional growth underway at the Lake Mariner facility with the foundation of Building 4 poured and construction ongoing, which, upon completion in mid-2024, will bring TeraWulf's total operational capacity to ~10 EH/s; expansion of existing high-performance computing project supporting generative AI and large language model applications at the Lake Mariner facility, planned for 2024;
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INSP ISRG | Hot Stocks08:08 EST Inspire Medical appoints Myriam Curet to board of directors - Inspire Medical Systems (INSP) announced the appointment of Myriam J. Curet, M.D., as an independent Director to its Board, effective December 21, 2023. Curet currently serves as Executive Vice President and Chief Medical Officer at Intuitive Surgical (ISRG).
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BNGO | Hot Stocks08:06 EST Bionano Genomics upgrades optical genome mapping pipeline - Bionano Genomics announced upgrades to its pipeline for analysis of optical genome mapping - OGM - data in its VIA software for applications in constitutional genetic disease. The latest analysis pipeline, Bionano Solve 3.8.1, enhances the sensitivity and specificity for structural variation - SV - detection from OGM data, which, when combined with copy number variant - CNV - analysis capabilities introduced in July 2023, further advance OGM's variant detection. Together with the enhanced performance for SV and CNV calling, VIA software now enables visualization, interpretation and reporting of SVs and CNVs from OGM data. Researchers can construct a report template with desired sample and variant information that is relevant for a particular study. Reports can then be automatically populated for each sample during the course of a research study. VIA software contains a knowledge base, which consists of a vault of previously curated variant interpretations. VIA software enables the integration of multiple data types, including chromosomal microarray analysis and next-generation sequencing, which can be visualized, interpreted and reported alongside OGM.
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OBNNF | Hot Stocks08:05 EST Osisko Mining announces TSX approval to renew normal course issuer bid - Osisko Mining announces that the Toronto Stock Exchange has approved the Corporation's notice of intention to make a normal course issuer bid. Under the terms of the NCIB Program, Osisko may acquire up to 36,465,404 of its common shares from time to time in accordance with the normal course issuer bid procedures of the TSX. The normal course issuer bid will be conducted through the facilities of the TSX or alternative trading systems, if eligible, and will conform to their regulations. Purchases under the normal course issuer bid will be made by means of open market transactions or such other means as a securities regulatory authority may permit, including pre-arranged crosses, exempt offers and private agreements under an issuer bid exemption order issued by a securities regulatory authority. Repurchases under the NCIB Program may commence on January 2, 2024 and will terminate on January 1, 2025 or on such earlier date as the NCIB Program is complete. Daily purchases will be limited to 191,304 Common Shares, other than block purchase exemptions, representing 25% of the average daily trading volume of the Common Shares on the TSX for the six-month period ending November 30, 2023, being 765,219 Common Shares.
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FKWL | Hot Stocks08:04 EST Sinnet Capital Partners issues letter to Franklin Wireless' board of directors - Sinnet Capital Partners, along with Managing Partner Timothy Hasara, collectively own 380,000 shares or 3.2% of the outstanding shares of Franklin Wireless and issued the following public letter to the Company's Board of Directors: "Franklin Wireless has generated cash over time, and specifically since the beginning of Covid. The cash has grown from $12.9 million in March 2020, at the beginning of the pandemic, to $33.6 million at the end of the most recent quarter, ending September 2023. However, the stock performance is basically unchanged since this period of time! Franklin Wireless has no debt and approximately $2.86 per share in cash. Shareholders should be rewarded with this cash generation - returned in the form of a special dividend and stock buyback. Sinnet Capital Partners recommends the Board of Directors take the following actions: The company pays a special dividend of $1.00 per share. The company executes a $10 million Dutch tender buyback of the stock. The company hires an IR firm to issue Press Releases for significant events and earnings filings. Franklin Wireless has had a number of great accomplishments over the last 12 months. However, investors have to reach far and wide to find out about these achievements. The company has been awarded four contracts since last December that Sinnet Capital believes were significant, but they did not issue a Press Release in any of the national news services utilized by most investors... Franklin Wireless did issue Press Releases on a national news service in the past, GlobeNewswire, but stopped doing so in 2021. The stock closed the end of 2022 at $4.46 per share and the stock closed at $3.03 on December 22, 2023. Sinnet Capital believes the stock has not performed well over the last year, down primarily as the result of the company not issuing Press Releases regarding their contract announcements and earnings. Sinnet Capital urges the board to pay a $1 special dividend, execute a $10 million dollar Dutch tender buyback and hire an IR firm to issue Press Releases."
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ENVB | Hot Stocks08:04 EST Enveric Biosciences selects EB-003 as lead in 'next gen' EVM301 series - Enveric Biosciences announced that it has named EB-003 as its lead drug candidate from the Company's next-generation EVM301 Series. EB-003 was selected based on data analyses suggesting the molecule's potential to be a first-in-class approach to addressing difficult-to-treat mental health disorders by promoting neuroplasticity without inducing hallucinations. Enveric plans to initiate preclinical development of EB-003 in early 2024 in preparation for an Investigational New Drug IND application for a first-in-human clinical trial. Demonstrated a low HTR profile in mice at all doses tested. "Selection of EB-003 as the lead development candidate from our EVM301 Series is an important inflection point for Enveric and our mission to develop groundbreaking, psychedelic-inspired drug technologies that offer the potential to treat severe mental health disorders without the hallucinogenic effect typically associated with psychedelic-based molecules," said Joseph Tucker, Ph.D., Director and CEO of Enveric. "Importantly, moving EB-003 into our development pipeline marks a transformative step for Enveric as we complete our period as a discovery phase company and fully transition to the next phase as a drug development company. With EB-003, we have identified a novel, neuroplastogenic molecule that exhibits several key properties that align with favorable tolerability and efficacy in relevant animal models. We now look forward to initiating IND enabling activities in early 2024 that will enable us to file an IND and start clinical trials of EB-003 as we seek to introduce a new treatment paradigm for depression and anxiety disorders."
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SNCR | Hot Stocks08:03 EST Synchronoss regains compliance with Nasdaq minimum bid price rule - Synchronoss Technologies has received notice from The Nasdaq Stock Market informing the Company that, after having a closing bid price over $1.00 for over eleven consecutive business days from December 11 through December 26, it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market, and that matter is now closed.
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PANW | Hot Stocks08:02 EST Palo Alto Networks announces acquisition of Talon Cyber Security - Palo Alto Networks announced that it has completed the acquisition of Talon Cyber Security, a pioneer of enterprise browser technology. "We are thrilled to welcome Talon to Palo Alto Networks," said Nikesh Arora, chairman and CEO of Palo Alto Networks. "Most work today occurs via web browsers, often on unmanaged devices, which poses enormous security risks. Through the seamless integration of Talon's Enterprise Browser with Prisma(R) SASE, we will be elevating our best-in-class solution that helps provide ironclad security and data protection for all users across all applications and from any device or location. Additionally, we plan to extend Talon's cutting-edge Enterprise Browser technology to our qualified SASE AI customers at no additional cost."
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VSAT | Hot Stocks08:01 EST ViaSat awarded up to $900M from U.S. Air Force - Viasat announced it will work with the U.S. Air Force's Life Cycle Management Center, USAF LCMC, to transition and integrate new innovative technologies and capabilities as part of a $900 million ceiling, Indefinite Delivery/Indefinite Quantity, IDIQ, contract. Under the multi-award contract - known by its initialism LCMC XA IDIQ - Viasat is expected to prototype and test systems, hardware, software, and cybersecurity solutions to provide integrated, multi-domain capabilities for the USAF. Viasat experts will accelerate and expand technology integration across the Air Force. The contract has an approximate five-year term, with options for up to an additional five years. "Resilient communications and communications security are critical for military operations, and the USAF has been clear they need to move technology from development to at-scale operational use quicker than ever," said Susan Miller, President of Viasat Government. "This award provides the means to work directly with the Air Force research, development and operational communities to transition a huge range of developments, which can all ultimately help deliver mission success."
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NPIFF | Hot Stocks07:41 EST Northland Power, Gentari Renewables clos Hai Lon partnership - Northland Power announced the closing of its previously announced transaction with Gentari International Renewables Pte. Ltd., a subsidiary of clean energy solutions company Gentari, pursuant to which Gentari has acquired 49 per cent of Northland's ownership in the Hai Long offshore wind project located in Taiwan. Northland now holds a 30.6 per cent ownership interest in the overall project and will continue to take the lead role in Hai Long's construction and operation. The strategic partnership reflects the opportunity for both companies to share in the value creation of offshore wind development, while supporting Taiwan's transition to renewable energy. This transaction marks another significant milestone for the Hai Long offshore wind project after the recently announced debt financial close, with Gentari having contributed final equity consideration of approximately NTD $23 billion and assuming its pro rata share of credit support for the project. The proceeds from the transaction will be used to repay Northland's previously disclosed CAD $500 million short-term corporate credit facility and fund Northland's remaining equity in the project. As part of the broader strategic partnership with Northland in Taiwan, Gentari previously acquired 49 per cent of Northland's ownership interest in its Taiwan Round 3 offshore wind projects in the summer of 2023. Hai Long's total cost is projected to be approximately CAD $9 billion, with CAD $5 billion of the costs covered by non-recourse debt provided by the project lenders, approximately CAD $1 billion of pre-completion revenues derived during the project construction phase, and the remaining equity investment contributed by the project's partners. Northland's equity investment has been fully secured through funds raised under its at-the-market equity program in 2022 and with the completion of its partnership with Gentari.
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REAX | Hot Stocks07:35 EST The Real Brokerage named as defendent in class action alleging antitrust fault - The Real Brokerage announced that it has been named as a defendant in a putative class action lawsuit, which was filed in the United States District Court for the Western District of Missouri. The lawsuit, under the caption Umpa v. The National Association of Realtors, et al. alleges that certain real estate brokerages, including The Real Brokerage, participated in practices resulting in inflated buyer broker commissions, in violation of federal antitrust laws.
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MBOT | Hot Stocks07:34 EST Microbot Medical's robotic surgical system meets all objectives in study - Microbot Medical announced the successful completion of its GLP pivotal pre-clinical study, done under the guidelines of FDA-required levels of planning, controlling, monitoring, and reporting, using a porcine model. The study was conducted by three interventional radiologists that utilized Microbot's Liberty Endovascular Robotic Surgical System to perform a total of 96 robotic navigations. Target vessels with surrounding tissue were examined and evaluated microscopically after they were subjected to procedures using a range of commercially available intravascular catheterization devices controlled and manipulated via the Liberty Endovascular Robotic Surgical System. The company expects to submit an IDE application to the FDA soon and commence a pivotal human clinical trial.
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RVLGF | Hot Stocks07:34 EST Revival Gold reviews 2023 accomplishments for Beartrack-Arnett - Revival Gold provides a review of key accomplishments this year to advance the Company's Beartrack-Arnett Gold Project located in Idaho, USA. Highlights: Increased Measured and Indicated Mineral Resources to 86.2 million tonnes grading 0.87 g/t gold containing 2.42 million ounces of gold and Inferred Mineral Resources to 50.7 million tonnes grading 1.34 g/t gold containing 2.19 million ounces of gold. Notably, Open pit heap leach Measured and Indicated Resources increased to 42.3 million tonnes grading 0.70 g/t gold containing 959,000 ounces of gold with additional Inferred Resources of 6.3 million tonnes grading 0.53 g/t gold containing 108,000 ounces of gold; and, Underground mill Inferred Resources increased to 6.7 million tonnes grading 4.0 g/t gold containing 877,000 ounces of gold. Filed a Preliminary Feasibility Study on the potential first phase restart of open pit heap leach operations: Inaugural Proven & Probable open pit heap leach Mineral Reserve of 36.2 million tonnes grading 0.74 g/t gold for 859,000 ounces of gold; Average gold production of 65,300 ounces of gold per year, for a total of 529,100 ounces of gold over an eight-year mine life; and, After-tax NPV at a 5% discount rate of $105 million and after-tax IRR of 24.3% at $1,800 per ounce gold increasing to an NPV5% of $138 million and after-tax IRR of 29.5% at $1,900 per ounce gold1 Continued to advance conceptual plans for a potential second phase underground operation by completing a third stage of metallurgical testing demonstrating gold recoveries of 93% to concentrate from a composite of high-grade sulphide material in the underground resource achieving a concentrate grade of 50 g/t gold with a relatively coarse particle grind size of 150 mum and a resulting mass pull of 8.9%. Completed a total of eighteen core holes for 3,350 meters of exploration drilling focused on near-surface oxide gold opportunities in the broader Haidee area. Results included 3.93 g/t gold over 20.6 meters3 in a potential feeder structure on the western flank of Haidee. Three of the four targets drilled this year were previously untested by Revival Gold and all three yielded above cut-off grade results in near-surface oxide mineralization including 0.37 g/t gold over 22.6 meters4 and 0.36 g/t gold over 9.0 meters4 at the Ridge and Midlands targets, respectively. The Company raised C$9.4 million in equity funding and re-acquired a 1% Net Smelter Royalty on sixteen claims within the Beartrack-Arnett project area. Added to Revival Gold's operating and exploration expertise and capabilities with the addition of Larry Radford to the Company's Board of Directors and the hiring of Dan Pace as Chief Geologist. Maintained an exemplary safety record with zero lost-time incidents among Company employees and contractors.
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SVM | Hot Stocks07:31 EST Silvercorp Metals adds new general manager for Tanzania project - Silvercorp Metals announces the hiring of Kevin Moxham as General Manager of Tanzania Projects effective January 1, 2024. Reporting to the CEO and the President, Moxham's main responsibility will be to lead the construction and commissioning of the Nyanzaga Gold Project, along with related infrastructure, in Tanzania, once Silvercorp has assumed effective control of the project. Prior to joining Silvercorp, Moxham most recently served as Executive General Manager of the Khoemacau Copper Mine in Botswana.
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WLDS | Hot Stocks07:23 EST Wearable Devices signs agreement with golobal defense company - Wearable Devices has signed an agreement with a global leading defense company, to design together a first of its kind prototype for defense use cases. This collaboration aims to adapt Wearable Devices' neural gesture technology for defense requirements, especially in situations where silent activation is crucial. The agreement includes provisions for joint developed proof of concept with a focus on providing field-tested, user-friendly solutions for defense personnel.
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LAES | Hot Stocks07:09 EST SEALSQ Corp. announces post-quantum semiconductor technology - SEALSQ Corp announced that its post-quantum semiconductor technology based on cutting-edge cryptographic algorithms, is specifically designed to withstand attacks from and secure cryptocurrency transactions against the looming threat of quantum computing. This advanced technology addresses the vulnerabilities of current blockchain accounting systems, bolsters the defenses of digital currencies in the quantum age, and represents another stride by SEALSQ in securing the digital financial ecosystem. SEALSQ's post-quantum semiconductor technology utilizes cutting-edge cryptographic algorithms that are resistant to quantum computing attacks. These algorithms, integrated into the hardware, ensure the highest level of security for cryptocurrency transactions, safeguarding them from potential quantum breaches.
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PZG | Hot Stocks07:07 EST Paramount Gold Nevada closes $15M financing with Sprott Streamg - Paramount Gold Nevada has closed the previously announced $15 million financing with Sprott Resource and Streaming Royalty Corp., through the issuance of a non-dilutive Secured Royalty Convertible Note. The proceeds of the financing will be used to fund the continued permitting of the proposed Grassy Mountain Gold Mine in eastern Oregon, for general corporate purposes and for the repayment of the company's outstanding debt. The RCN will carry an interest rate of 10% per annum, which, at Paramount's discretion, will be payable in cash or shares at a 7% discount to the 10-day VWAP from the scheduled date of payment of interest. The RCN may be repaid in cash or through the issuance of the Royalty at the earlier of the commencement of commercial production or 5 years from the RCN closing date. The RCN is convertible into a gross revenue royalty of 4.75% of the gold and silver produced from the proposed Grassy Mountain Gold Mine proportionate to the final amount of the funds that have been advanced upon reaching commercial production. If a Royalty is issued, Paramount has the option to buy back 50% of the Royalty by paying either $11.25 million on the 2nd anniversary of the RCN agreement or $12.375 million on the 3rd anniversary.
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ECX | Hot Stocks07:07 EST Ecarx and smart form Joint Venture for intelligent automotive products - Ecarx announced that a joint venture has been established between Ecarx and smart, a new intelligent all-electric auto brand, through their respective subsidiaries. The joint venture, smart Software Technology, aims to drive the development of industry-leading intelligent experiences within smart vehicles. Through this new partnership, Ecarx and smart will work to drive technological advances, expand the research and development ecosystem through talent exchanges and joint innovation, and accelerate their global expansion efforts. Ecarx and smart previously collaborated on the smart #1 and smart #3 models, for which they jointly developed the smartOS operating system. The companies plan to integrate Ecarx's Makalu computing platform, powered by AMD Ryzen embedded V2000 processors and Radeon RX 6000 series GPUs, into smart series models. Furthermore, Ecarx and smart will jointly explore new possibilities for immersive cockpit experiences in areas including 3A games, artificial intelligence, brand IP incubation, and ecosystem development.
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CTSO | Hot Stocks07:06 EST CytoSorbents says STAR-T trial did not meet primary effectiveness endpoint - CytoSorbents announces an update on the initial data analysis of primary safety and effectiveness endpoints and the final independent Data and Safety Monitoring Board analysis for the pivotal U.S. and Canadian STAR-T randomized controlled trial. STAR-T is a double-blind, randomized, controlled, multi-center pivotal trial that investigated the ability of DrugSorb-ATR to reduce perioperative bleeding in 140 enrolled patients on ticagrelor undergoing cardiothoracic surgery before completing the recommended washout period. Patients were randomized in a 1:1 ratio to receive either DrugSorb-ATR or a sham device during cardiopulmonary bypass, with a primary composite effectiveness endpoint measuring perioperative bleeding. The independent DSMB met recently to perform the final review of the full unblinded data on all 140 patients in the STAR-T trial and concluded there were no issues with device safety, meeting the primary safety endpoint of the study. The Company has also performed the initial data analysis on the primary effectiveness endpoint of STAR-T. Based on this analysis, the study did not meet the primary effectiveness endpoint in the overall patient population that underwent different types of cardiac surgeries. However, the study did demonstrate evidence of reduced bleeding complications in patients in the pre-specified isolated coronary artery bypass graft surgery population, representing more than 90% of the overall study population. The Company expects to complete the analysis of the full trial results in the next several weeks. Pending this final analysis, the Company believes the safety and effectiveness data from STAR-T may support the regulatory submission of DrugSorb-ATR to the U.S. FDA and Health Canada. Meanwhile, the Company had previously submitted a promissory abstract to the American College of Cardiology 2024 conference, triggering a "silent" period for publicly discussing detailed study results. If accepted, the full results of the STAR-T trial are expected to be presented next April 2024 in Atlanta.
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MDWD | Hot Stocks07:04 EST MediWound secures additional DoD funding to advance NexoBrid for U.S. Army - MediWound announced that the U.S. Department of Defense - DoD -, through the Medical Technology Enterprise Consortium, or MTEC, has awarded MediWound an additional $6.7M in non-dilutive funding to develop NexoBrid as a non-surgical solution for field-care burn treatment for the U.S. Army. The $14.4M project budget will advance the development and production of a new, temperature-stable formulation of NexoBrid, positioning it as the first-line non-surgical solution for treating severe burn injuries in pre-hospital settings. Vericel Corporation holds an exclusive license encompassing the commercial and development rights to NexoBrid in North America as set forth in the license agreement between the Company and Vericel. The MTEC Research Project Award was granted by the DoD's U.S. Army Medical Research and Development Command - USAMRDC - and funded by the Defense Health Agency through MTEC.
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AULT | Hot Stocks06:33 EST Ault's RiskOn International to announce generative AI platform in January - Ault Alliance announced that its majority beneficially owned subsidiary, RiskOn International expects to announce, on January 3, 2024, via a press release and various media outlets, its new generative artificial intelligence platform as well as unveil a relationship with its principal technology partner. This partnership represents a strategic collaboration with the technology partner, which has invested more than five years of research and development into the AI Platform. RiskOn's to-be-announced technology partner has been engaged in the realm of AI development since 2018. RiskOn expects to announce a full stack application built around large language model and jointly developed business applications expected to provide value for business owners of all sizes.
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FSR | Hot Stocks06:33 EST Fisker enhances loyalty program - Fisker has enhanced its Loyalty Program to provide customers with lifetime benefits, rewards, exclusive perks, and giveaways. Customers with an existing order or reservation for any Fisker vehicle are automatically enrolled into Fisker's Loyalty Program. Customers gain immediate access to unlock and redeem digital and physical rewards. Fisker offered exclusive perks to Ocean One customers to acknowledge their loyalty, as customers received delivery of their Fisker Ocean One across North America and Europe. Exclusive perks for Ocean One owners included charging credit, a first free tire replacement, an extended warranty, free OTA updates, early access to vehicle features, and a service package. Other exclusive perks and giveaways opportunities are visible to customers through their rewards account. Fisker's Loyalty Program is available to customers in North America and Europe.
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DOYU | Hot Stocks06:32 EST DouYu announces $20M share repurchase program - DouYu announced that its board of directors and management have authorized a share repurchase program under which the company may repurchase up to $20M of its ordinary shares in the form of American depositary shares during a period of up to twelve months commencing on January 1, 2024, subject to the relevant rules under the Securities Exchange Act of 1934, as amended.
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NPO | Hot Stocks06:32 EST EnPro to acquire Advanced Micro Instruments for $210M in cash - Enpro has entered into a definitive agreement to acquire Advanced Micro Instruments, a provider of highly-engineered, application-specific analyzers and sensing technologies that monitor critical parameters to maintain infrastructure integrity, enable process efficiency, enhance safety, and facilitate the clean energy transition. Under the terms of the agreement, Enpro will acquire AMI for $210 million in cash, representing a valuation of approximately 13x normalized 2023 EBITDA. Based in Costa Mesa, California, AMI serves customers in the midstream natural gas, biogas, industrial processing, cryogenics, food processing, laboratory, wastewater and aerospace markets. The company offers a portfolio of oxygen, hydrogen sulfide and moisture analyzers and proprietary sensing capabilities that detect contaminants in a variety of processes, including natural gas and biogas streams, which enable operators to avoid flaring and, thereby, reduce CO2 emissions. Upon closing, AMI will be included in the Sealing Technologies segment, adding to the segment's portfolio of products and solutions that safeguard critical environments. The acquisition is expected to be accretive to segment revenue growth and profitability, in addition to Enpro's adjusted diluted earnings per share. The transaction is expected to close in early 2024, subject to limited closing conditions, including regulatory approvals.
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BC | Hot Stocks06:06 EST Brunswick announces solar installations to global manufacturing facilities - Brunswick Corporation has announced the completion of solar installations at three of its global facilities including its first project in Mexico. Brunswick's Reynosa facility, which manufactures its award-winning Bayliner, Trophy, Heyday, Sea Ray, and Lund brands, has installed more than 900 photovoltaic solar panels covering 4,000 square meters on the roof of the facility. The installation is expected to cover approximately 45% of the annual energy consumed by the facility's assembly area and generate approximately 800,000 kWH of electricity per year. The new solar panels will result in the annual avoidance of an estimated 565 metric tons of carbon emissions. In addition to the new solar panels in Reynosa, the facility has also completed installation of a new osmosis wastewater recovery system, which will recycle wastewater within the plant and reduce annual water consumption by an estimated 10%. In continued pursuit of its goal to have 60% of its electricity from renewable sources by the end of 2025, Brunswick also announced that it is installing two new 100kW solar systems - one at its Mercury Marine Australian/New Zealand head office in Dandenong South and another at the company's BLA office in Murarrie, Brisbane. The Dandenong installation is projected to generate approximately 48 percent of the office's electricity needs, preventing 132 tons of CO2 from being released into the atmosphere annually. The Murarrie office solar system will on average meet 50% of the office's power demand and have the capability to supply 100% of power during peak times. The system will generate approximately 142,000 kilowatt hours of electricity annually, enough to power around 20 homes for a full year.
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SOL | Hot Stocks06:05 EST Emeren purchases 86 MWp solar portfolio in Spain - Emeren announced the purchase of an 86 MWp utility-scale solar project portfolio in Spain from Negratin Global Services, an industrial and service group that operates in energy, industry and installations within the renewable energy space. This various state-of-the art portfolio comprises 13 utility-scale solar projects ranging from 6MW DC to 14 MW DC. They are classified as Ready-to-Build, or RTB, projects and are expected to produce 166,471,371 kWh/year of energy. The portfolio of projects is expected to begin construction late 2024, with the final projects to be built and connected to the grid by early 2025. All 13 projects are located in the center of Spain and will have the capacity to provide enough energy to 51,380 households in the local region, along with the saving of 19,544 vehicle emission every year. Emeren plans to develop and build Battery Energy Storage Systems, or BESS, on the already permitted site for solar projects, as part of the transition to a low-carbon future, resulting in the saving of 35,903.9 tons of CO2 per year. Emeren Spain has an advanced-stage portfolio of over 300MW in solar and 100 MWh of storage, with a 2024/2025 pipeline of over 4 GWs.
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LODE | Hot Stocks06:05 EST Comstock Mining executes first biorefinery commercial agreement - Comstock has executed agreements with RenFuel K2B AB to advance Comstock's first commercial biorefinery, including an option to acquire a subsidiary of RenFuel, or JV. The JV has previously completed preliminary engineering for a new biorefinery using RenFuel's patented catalytic esterification process to refine lignin from byproducts of paper production into a biointermediate for refining into sustainable aviation fuel and renewable diesel in Europe. Comstock also committed to a strategic $3M investment in RenFuel payable over the next three years for the continued development and commercialization of advanced applications of RenFuel's and Comstock's complimentary technologies. RenFuel granted Comstock the right to acquire a majority stake in the JV as part of the consideration paid under Comstock's investment. RenFuel and the JV have previously entered into agreements with a strategic investor with renewable fuel refining assets in Europe. The investor intends to make additional investments in increased renewable fuel capacity at some of its existing refineries. Comstock holds the exclusive license to RenFuel's refining technologies in North America, Central America, and South America.
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VNET | Hot Stocks06:04 EST VNET Group enters cooperation agreement with Shandong Hi-Speed - VNET Group announced that it has entered into a strategic cooperation agreement with Shandong Hi-Speed Holdings Group, an overseas investment and financing as well as emerging industrial holding platform of Shandong Hi-Speed Group. Pursuant to the agreement, SDHG and VNET will leverage their respective resources and strengths to develop renewable energy projects in northern China. This partnership aims to jointly build low-carbon, secure and highly-efficient renewable energy system, aligning with the national strategy "East Data, West Computing." Furthermore, both parties will join hands to build computing power network infrastructures encompassing data center, cloud computing and big data to promote the low-carbon and high-quality development of IDC services.
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GHLD | Hot Stocks06:03 EST Guild Mortgage lists first two 'Making Paradise Home' initiative houses - Guild Mortgage announced the first two homes from its Making Paradise Home Initiative are completed and listed for sale. The affordable, sustainable manufactured homes are available for sale in Paradise, California, the community hardest hit by the deadliest and most destructive wildfire in the state's history. In January 2023, Guild announced its Making Paradise Home Initiative in partnership with Clayton Homes, Golden West Homes of Chico and Redline Installation to build four CrossMod Homes to help educate residents about the benefits of manufactured housing, while helping to rebuild the community. Since the initiative's launch, two homes are now listed and available for sale. Both brand new CrossMod homes - located at 6249 Fern Lane and 5931 Debbie Lane in Paradise California - boast beautiful curb appeal, high-end quality and energy efficiency throughout. The homes sit on quiet lanes with circular driveways on over half an acre, each. Both 1,620-square-foot, three bedroom and two full bathroom homes feature a modern design including high ceilings; oversized windows; covered front porches; two-car garages; stylish fireplaces in the living rooms; quartz or granite kitchen countertops; shaker cabinets; farm-style sinks; large islands with seating; and farmhouse laminate flooring throughout. As CrossMod homes, buyers are eligible for unique financing with as little as a 3% down payment.
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NTRA NEO | Hot Stocks05:18 EST Natera wins preliminary injunction in NeoGenomics patent infringement lawsuit - Natera (NTRA) announced that the federal District Court for the Middle District of North Carolina has issued a preliminary injunction, effective immediately, enjoining the RaDaR assay from NeoGenomics (NEO). The injunction bars NeoGenomics from "making, using, selling, or offering for sale in the United States... the accused RaDaR assay," or "any assay or product not more than colorably different" from the NeoGenomics RaDaR assay. In addition, the order prohibits NeoGenomics from "promoting, advertising, marketing, servicing, distributing or supplying" RaDaR to induce infringement by others. NeoGenomics may continue to offer RaDaR for existing patients and for clinical trials, studies or projects already in process.
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ALPMY | Hot Stocks05:15 EST Astellas, Elpiscience enter license agreement for bi-specific macrophage engager - Elpiscience Biopharma and Astellas Pharma announced a research collaboration and license agreement for novel bi-specific macrophage engagers, ES019 and another program. The two companies will collaboratively conduct early-stage research for these two programs. Elpiscience will also grant Astellas the right to add up to two additional programs to be included in the collaboration. If Astellas exercises its option, Elpiscience will grant Astellas the exclusive right to further research, develop, manufacture and commercialize the products for each program.
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JG | Hot Stocks05:12 EST Aurora Mobile receives noncompliance notification from Nasdaq - Aurora Mobile announced that it had received a notification letter from Nasdaq notifying the company that it has regained compliance with the minimum bid price of $1.00 per share requirement set forth under Nasdaq Listing Rule 5550.
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