Streetbeat News

Regulatory

SMCI

Super Micro Computer's stock surged nearly 30% in premarket trading after the company sought an extension from Nasdaq for delayed financial filings and appointed a new auditor to avoid delisting.

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November 19, 2024 | 1:30 pm

IRIX

Iridex Corporation announced that the new Local Coverage Determination (LCD) L37531 for Micro-Invasive Glaucoma Surgery (MIGS) has been adopted, potentially increasing the use of Iridex's laser-based treatments for glaucoma.

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November 19, 2024 | 1:30 pm

RIO

Rio Tinto's SimFer mine project in Guinea is facing potential delays, making it unlikely to meet its 2025 production target due to construction issues, a recent fatality, extreme weather, and political uncertainty.

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November 19, 2024 | 1:30 pm

NVNO

enVVeno Medical Corporation has submitted a PMA application to the FDA for approval to market the VenoValve in the US. Four out of five modules of the application have been approved. The company will present pivotal trial data at the VEITH Symposium.

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November 19, 2024 | 1:30 pm

MDAI

Spectral AI, Inc. (Nasdaq: MDAI) has raised approximately $5 million through an equity financing to strengthen its financial position. The funds will help retire obligations and support the FDA submission of its DeepView AI®-Burn system, expected in the first half of 2025.

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November 19, 2024 | 1:15 pm

FRSX

Foresight Autonomous Holdings Ltd. (FRSX) announced that its 3D perception technology aligns with the expected regulatory support for autonomous vehicles by the upcoming Trump administration.

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November 19, 2024 | 1:15 pm

GOOG

The Biden administration is considering actions against Big Tech, including Google, with potential pressure to sell its Chrome browser. However, such a sale is unlikely to occur.

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November 19, 2024 | 12:45 pm

SANA

Levi & Korsinsky is investigating Sana Biotechnology, Inc. for potential violations of federal securities laws after the company announced the suspension of two development programs.

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November 19, 2024 | 12:45 pm

CGC

Canadian Gold Corp. has clarified that news releases unrelated to the company have been mistakenly disseminated under its ticker, CGC, by third-party wire services. The company is working with these services to correct the errors.

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November 19, 2024 | 12:45 pm

HRMY

Levi & Korsinsky has initiated an investigation into Harmony Biosciences Holdings, Inc. for potential violations of federal securities laws, following a report by Scorpion Capital raising concerns about Harmony's narcolepsy drug, Wakix.

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November 19, 2024 | 12:45 pm