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LIQT

LiqTech International, Inc. (NASDAQ:LIQT) and Dan Marine Group (DMG) have entered into a partnership to expand LiqTech's marine water treatment solutions in the Chinese shipbuilding and repair market. This includes marine scrubber water treatment solutions and new exhaust gas recirculation (EGR) water treatment systems for dual fuel marine vessels. DMG will also service existing LiqTech marine installations. LiqTech's technology, which has been installed on over 170 large commercial ships since 2017, aims to reduce pollution and enhance fuel savings for ship owners.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:04 pm

SIBN

SI-BONE, Inc. announced the launch of its iFuse Bedrock Granite Implant System, marking the completion of its inaugural surgical procedures. This development represents a significant advancement in the company's product offerings, potentially impacting its market position and financial performance.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:04 pm

DIS

Disney's CEO announced during a conference call that the company will begin a crackdown on Disney+ password sharing starting next month. This move is aimed at reducing unauthorized access and potentially increasing subscriber numbers by converting shared users into paying customers.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:03 pm

MBRX

Moleculin Biotech, Inc. (MBRX) announced positive interim data for Annamycin in its AML clinical development program, showing increased complete remission rates. The data supports advancing to a Phase 2 trial aimed at New Drug Approval. A virtual AML Clinical Day is scheduled to discuss these results.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:02 pm

TTOO

T2 Biosystems, a leader in the development of innovative medical diagnostic products, has announced a Letter of Intent (LOI) for a partnership aimed at advancing the diagnosis and treatment of Lyme disease. This strategic move could significantly enhance T2 Biosystems' position in the medical diagnostics market, particularly in the area of infectious diseases.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:02 pm

ANSS

SDGR

Ansys (ANSS) and Schrödinger (SDGR) have announced a collaboration to develop an Integrated Computational Materials Engineering (ICME) approach. This partnership aims to enhance the development of advanced materials by leveraging both companies' strengths in simulation and computational science.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:01 pm

DIS

Disney announced during a conference call that an ESPN+ button will be added to the Disney+ streaming service, indicating a closer integration of its sports streaming service with its main entertainment platform.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 12:58 pm

ECDA

ECD Auto Design, known for customizing vehicles, has announced its venture into electric vehicle (EV) territory by integrating EV powertrains into classic Mustang Fastback and Convertible models. This move signifies the company's entry into the growing EV market, focusing on combining classic car aesthetics with modern, sustainable technology.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 12:55 pm

RBT

Rubicon Technologies, Inc. (NYSE:RBT) has sold its fleet technology business and issued convertible preferred stock to Rodina Capital for $94.2 million. This strategic move aims to strengthen Rubicon's balance sheet, reduce debts, and provide liquidity to support its core business focused on waste and recycling solutions. The sale includes up-front cash and an earnout consideration, marking a significant step towards Rubicon's profitability and growth. The company emphasizes its commitment to sustainability and the RUBICONConnect™ product, aiming to enhance services for its vast network of vendor and hauler partners.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 12:53 pm

AAWH

Ascend Wellness Holdings, Inc. (OTCQX:AAWH) reported a 24.7% year-over-year revenue increase to $142.4 million for Q1 2024, with a net loss of $18.2 million. The company achieved its fifth consecutive quarter of positive cash flow, with $3.9 million generated from operations. Adjusted EBITDA rose by 39% to $32.5 million. Ascend Wellness also expanded its operations, opening two new dispensaries and entering into two long-term supply agreements in Maryland.

Portfolio Pulse from Nina Zdinjak

May 07, 2024 | 12:53 pm