ADVFN US – Market Content Editor
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First mover in the newly opened Mendoza province in Argentina’s copper frontier
In this episode of The Capital Compass, Ricki Lee speaks with James Hedalen, CEO of Kobrea Exploration Corp. (CSE:KBX) (USOTC:KBXFF) — the first foreign pubic company to secure an exploration permit in Argentina’s newly opened Mendoza province. Known globally for its copper-rich regions, Argentina’s Mendoza has historically been closed to exploration — until now. With a vast…
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U.S. Stocks Show Substantial Move To The Downside
After moving sharply lower early in the session, stocks saw even further downside over the course of the trading day on Thursday. The major averages all showed significant moves to the downside after closing mixed for two consecutive sessions. The major averages ended the just off their lows of the session. The Nasdaq plummeted 536.10…
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Clearmind Medicine Shares Surge After Securing Final Approval for AUD Drug Trial Site
Clearmind Medicine Inc. (NASDAQ:CMND) jumped 54.8% in premarket trading after announcing that Hadassah Medical Center in Jerusalem has granted final approval to participate in the company’s Phase 1/2a clinical study of CMND-100. The investigational therapy, CMND-100, is an oral drug candidate based on the company’s MEAI molecule and is being developed as a potential treatment…
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La Rosa Shares Jump After Company Secures $1.25 Billion in New Financing Facilities
La Rosa Holdings Corp. (NASDAQ:LRHC) rallied 18% in premarket trading after the real estate and PropTech firm announced it has lined up as much as $1.25 billion in financing to accelerate its transition into AI-focused data center infrastructure. The funding package consists of a previously disclosed $1 billion equity purchase agreement along with a newly…
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Outlook Therapeutics Shares Jump After FDA Accepts Resubmitted BLA for ONS-5010
Outlook Therapeutics Inc. (NASDAQ:OTLK) surged 17.2% in premarket trading Thursday after announcing that the U.S. Food and Drug Administration has accepted its resubmitted Biologics License Application (BLA) for ONS-5010, an ophthalmic bevacizumab formulation being developed for the treatment of wet age-related macular degeneration (AMD). The FDA determined that the new filing constitutes a complete Class…
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VisionWave Shares Slip After Company Unveils Plan to Acquire Solar Drone Ltd.
VisionWave Holdings Inc. (NASDAQ:VWAV) saw its shares fall 3.5% in premarket trading Thursday after revealing plans to purchase Solar Drone Ltd., a subsidiary of Israel-based BladeRanger Ltd. (TASE:BLRN). The deal, structured as an all-stock acquisition, calls for VisionWave to issue 1.8 million common shares to BladeRanger as payment. Both sides expect to complete a definitive…
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Delcath Systems Shares Tick Higher After Study Highlights Strong Outcomes for Liver Cancer Treatment
Delcath Systems Inc. (NASDAQ:DCTH) saw its shares rise 2.2% in premarket trading Thursday after new research underscored the potential survival benefits of its liver-targeted treatment for metastatic uveal melanoma. A retrospective analysis published in the International Journal of Cancer examined 167 patients diagnosed with metastatic uveal melanoma who later developed liver metastases between 2005 and…
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Global Medical REIT Shares Slip After Announcing Preferred Stock Offering
Global Medical REIT Inc. (NYSE:GMRE) traded 2.5% lower in Thursday’s premarket session after the company said it will launch an underwritten public offering of its Series B Cumulative Redeemable Preferred Stock. As part of the deal, the healthcare-focused REIT will provide underwriters with a 30-day option to buy additional shares to cover any over-allotments. GMRE…
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WF International Shares Tick Higher After Gaining One-Year Hisense Distribution License
WF International Limited (NASDAQ:WXM) saw its shares climb 3.4% in premarket trading Thursday, boosted by news that the company has secured a one-year distribution qualification from Hisense Group, one of China’s leading appliance and electronics manufacturers. The agreement adds to WF International’s momentum, coming shortly after the company was named an authorized distributor for Qingdao…
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BranchOut Food Shares Slip After Company Prices $2.5 Million Equity Sale
BranchOut Food Inc. (NASDAQ:BOF) traded 3.5% lower in Thursday’s premarket session after the snack technology company revealed the pricing of a new $2.5 million institutional equity offering. The financing involves the sale of 1,034,600 common shares to Bard Associates, Inc., with Alexander Capital L.P. serving as sole bookrunner. BranchOut said the fresh capital will bolster…