News Archives - Page 11 of 18

ThursdayMay 09, 2024 11:34 am

Web3MediaBreaks – DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Releases First-Quarter 2024 Financial Results

DoubleDown Interactive (NASDAQ: DDI), a leading developer and publisher of digital games on mobile and web-based platforms, is reporting its unaudited financial results for the first quarter ended March 31, 2024, including unaudited financial results of SuprNation AB, a European iGaming operator. Highlights of the report include an increase in revenue, reaching $88.1 million in Q1 2024, up from $77.6 million in Q1 202; operating expenses totaled $57.1 million in the first quarter of 2024, an increase from $52.2 million in Q1 2023; net income of $30.4 million, or earnings per fully diluted common share of $12.23; and Adjusted EBITDA…

MondayMay 06, 2024 11:22 am

Web3MediaBreaks – Upstream Delves into Key Dual Listing Considerations for Issues

Upstream, a MERJ Exchange market and trading app, recently published a blog article written by Fernanda De La Torre and Vanessa Malone. The piece reiterates strategic benefits that dual listing offers to companies aiming to appeal to international investors and shifts focus to the essential factors that issuers should consider when contemplating dual listing and how Upstream addresses these challenges. “Dual listing continues to be used as a growth strategy for issuers as they go global. It’s important to think about regulatory compliance, costs and management resources inherent in this process,” the blog reads. “With our streamlined approach and comprehensive…

ThursdayMay 02, 2024 11:42 am

Web3MediaBreaks – Bebuzee Inc. (BBUZ) Announces Launch of Transformative Super App

Bebuzee (OTC: BBUZ), a pioneer in the social platform and streaming service industry, today announced the launch of its game-changing Super App. According to the announcement, this all-in-one app is set to redefine the digital landscape in the United States and Europe. It is a testament to Bebuzee’s commitment to pushing the boundaries of technology, seamlessly combining multiple services into a single, intuitive platform. Bebuzee’s Super App transcends the limitations of traditional apps, offering an unparalleled experience that merges entertainment, e-commerce, real estate and communication. The app is expected to revolutionize how users interact with digital platforms. The announcement noted…

ThursdayMay 02, 2024 10:28 am

Web3MediaBreaks – LQWD Technologies Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Releases Updated Info Regarding Bitcoin Lightning Network Operations

LQWD Technologies (TSX.V: LQWD) (OTCQB: LQWDF), a leading infrastructure and liquidity provider for the Bitcoin Lightning Network as well as a holder of Bitcoin as an operational asset, is reporting on its Bitcoin Lightning Network operations. According to the announcement, LQWD owns 115 Bitcoin, which provide the company with a Bitcoin-based core asset and which the company uses to operate its transaction infrastructure. The company reported that routing transactions are growing, with 64,678 in April 2024, an increase over March 20 24, which was also a record month. The company noted that the total routing volume through its infrastructure has…

MondayApr 29, 2024 10:13 am

Web3MediaBreaks – Upstream Offers Companies Global Investor Base Through Dual Listing

Upstream, the revolutionary retail trading app for stocks and NFTs powered by Horizon Fintex and MERJ Exchange Limited, offers dual listing, which enables growing companies to attract international investments. The trading app was featured in a recent article discussing the value of diversifying investor bases as a key strategy for companies and explaining how dual listing can make that happen. The article noted that once a company has captured the attention of domestic investors, a whole world of potential investors still exists: international investors. According to the article, dual listing can be an ideal way to reach this audience. Dual listing,…

ThursdayApr 25, 2024 2:00 pm

Web3MediaBreaks – Kartoon Studios Inc. (NYSE American: TOON) Announces Initial Closing of $4M Registered Direct Offering

Kartoon Studios (NYSE American: TOON), a global end-to-end creator, producer, distributor, marketer and licensor of entertainment brands, recently announced the initial closing of a registered direct offering to a certain institutional investor. The announcement noted that the offering is pursuant to a securities purchase agreement, dated April 18, 2024, of up to 7,000,000 shares of the company’s common stock, par value $0.001 per share, and/or pre-funded warrants to purchase shares of common stock, of which 3,900,000 shares and 100,000 pre-funded warrants were issued and sold on April 23, 2024. An additional 3,000,000 shares and/or pre-funded warrants may be issued and…

MondayApr 22, 2024 12:20 pm

Web3MediaBreaks – Upstream Featured in Recent Article Discussing Increasing Shareholder Engagement

Upstream, the revolutionary retail trading app for stocks and NFTs powered by Horizon Fintex and MERJ Exchange Limited, offers a unique platform designed to empower issuers to not only reach a global investor base but also build deeper connections with both new and existing shareholders. The company was spotlighted in an article discussing how to leverage digital communication; the article also stated that shareholder engagement is more important than ever. Methods of communicating with shareholders include the traditional email, meetings and press releases; however, forward-thinking issuers are looking to modern digital communications to engage more meaningfully with investors. These methods can include…

WednesdayApr 17, 2024 4:05 pm

Web3MediaBreaks – SMX (Security Matters) PLC (NASDAQ: SMX) Closes on $2.2M Private Placement Offering

SMX (Security Matters) (NASDAQ: SMX), a company that integrates chemistry, physics and computer science to give materials memory and create a culture of transparency and trust across multiple industries, has completed the transactions related to $2.2 million private placement. The company filed required forms with the U.S. Securities and Exchange Commission (“SEC”) on April 11, 2024. The forms noted that SMX had completed transactions related to the purchase agreement including issuing and selling to an institutional investor a promissory note and warrants for gross proceeds of approximately $2.2 million, before deducting fees and other offering expenses payable by the…

WednesdayApr 17, 2024 3:55 pm

Web3MediaBreaks – DeFi Technologies Inc. (CBOE CA: DEFI) (OTCQB: DEFTF) Subsidiary to Launch First-of-Its-Kind Yield Bearing Bitcoin ETP

DeFi Technologies (CBOE CA: DEFI) (GR: R9B) (OTCQB: DEFTF), a FinTech company establishing itself as the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and DeFi, today announced a partnership with the Core Foundation and its subsidiary Valour to launch groundbreaking Exchange Traded Products ("ETPs"), including a first-of-its-kind Yield Bearing Bitcoin (BTC) ETP that introduces a new era for Bitcoin as an actively yielding investment. The press release caught the attention of Decrypt, a media company that serves over 4 million readers a month with the latest news on crypto and the decentralized…

MondayApr 08, 2024 3:32 pm

Web3MediaBreaks – DeFi Technologies Inc. (CBOE CA: DEFI) (OTCQB: DEFTF) Subsidiary to Introduce 15 New ETP Products in 2024; 30 in 2025

DeFi Technologies (CBOE CA: DEFI) (GR: R9B) (OTCQB: DEFTF), a FinTech company establishing itself as the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and DeFi, today announced a significant stride in its mission to enhance global accessibility to regulated digital assets as it grows globally. Valour Inc., a leading issuer of exchange traded products ("ETPs") that provide simplified access to digital assets, aims to expand its assets under management ("AUM") by launching 15 new ETP products this year, in addition to the 17 already listed in Europe. Next year, the subsidiary plans…

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