Streetbeat News

Regulatory

REVB

Revelation Biosciences Inc. (NASDAQ:REVB) announced that its Gemini formulation showed therapeutic potential in preclinical studies, including as a preventative therapy for infection and acute kidney injury. The company plans to initiate a Phase 1 study later this year and publish the full results of these nonclinical studies. The CEO of Revelation expressed optimism about demonstrating a comparable response in healthy human volunteers.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 1:11 pm

ANGH

Anghami received a written notification from Nasdaq on October 05, indicating that the company is currently not in compliance with Nasdaq Rule 5450(A)(1).

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 1:08 pm

OPTT

Ocean Power Technologies Inc (OPTT) has announced that it will disregard any attempts by Paragon to nominate persons for election to OPTT's board at the company's 2023 Annual Stockholders Meeting.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 1:07 pm

OPTT

Ocean Power Technologies Inc (OPTT) has sent a letter to Paragon Technologies, stating that Paragon failed to submit proper, timely advance notice of nominations in accordance with OPTT's bylaws.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 1:07 pm

MORF

Morphic Holding Inc has reported preliminary cash, cash equivalents, and marketable securities totaling about $725M as of September 30, according to an SEC 8K filing.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 1:00 pm

SHOT

A new study has demonstrated that Safety Shot (SHOT) significantly reduced blood alcohol levels within 30 minutes compared to a control group. A larger double-blinded placebo controlled trial has been initiated.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:51 pm

SPY

The Social Security Administration has announced a 3.2% cost-of-living adjustment for 2024, which is significantly lower than the record-setting increase seen in the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:50 pm

ELYS

Elys Game Technology has introduced its new U.S.-focused online and mobile sportsbook brand, www.SportBet.com. The platform will offer U.S.-based customers a unique way to engage with and bet on their favorite sports. The company plans to expand its online sports betting footprint into multiple U.S. jurisdictions in Q4 2023, subject to regulatory approvals. The global sports betting market size is estimated to exceed $180 billion by 2030, and the U.S. mobile market has grown extensively since 2018.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:45 pm

UUP

The Consumer Price Index (CPI) for September surpassed expectations, growing at a 3.7% YoY pace, which is putting pressure on the Federal Reserve to consider raising interest rates. The U.S. dollar, as tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:UUP), rose 0.3% after the CPI report, while futures on the S&P 500 turned negative.

Portfolio Pulse from Piero Cingari

October 12, 2023 | 12:42 pm

LAES

WKEY

WISeKey International Holding Ltd.'s subsidiary SEALSQ Corp. has achieved ISO 14001 certification, a global standard for setting out criteria for an Environmental Management System. The certification indicates that SEALSQ has a framework for measuring and improving its environmental impact and climate risks, and has implemented a structured path to mitigate them. The company is committed to achieving a number of environmental objectives including reduction of e-waste, elimination of plastic in packaging and implementation of proactive energy efficiency measures.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:38 pm