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Check out some of our latest original content that was created and distributed as part of our ongoing collaborations with IR firms and other companies.

Clene Inc. (NASDAQ: CLNN) Improves Cash Position and Runway with New Debt Facility for CNM-Au8(R) Data Collection to Support Accelerated Approval Application

Posted on December 26, 2024 by MissionIR
  • The $10 million loan agreement, carrying a 12% interest rate and secured by all assets of Clene, was signed with three lenders affiliated with the company.
  • The funds will be used to repay the remaining $7.9 million debt of an Avenue Capital Group loan, and will improve the company’s cash position, enabling it extra runway to generate additional data to support the new drug application of CNM-Au8 for ALS.
  • The FDA earlier suggested that Clene leverage additional neurofilament light (“NfL”) data from the company’s three Expanded Access Protocols (compassionate use programs) and the HEALEY ALS Platform Trial to support earlier clinical trial findings, with a follow-up meeting with the FDA to be held in early 2025.

Clene (NASDAQ: CLNN) and its wholly owned subsidiary, Clene Nanomedicine Inc., is a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis (“ALS”) and multiple sclerosis (“MS”). The company has now secured a new $10 million debt facility, enabling the pay-off of another loan at higher interest rates to significantly improve its cash position as well as finance operations to generate of additional data to support the new drug application of lead drug candidate CNM-Au8 for ALS (https://ibn.fm/Maor9).

The new debt facility was signed with three entities affiliated with Clene and was closed on Dec. 20, 2024. Under the terms of the deal, the three lenders provided the aggregate principal amount of $10 million for the secured, partially convertible debt facility, with a fixed interest rate of 12% and a maturity eighteen months after closing. The first 12 twelve months are interest-only. Sixty-five percent of the debt facility is convertible into shares at a fixed conversion price of $5.67, a 130% premium to Clene’s closing stock price on the day of signing.

The funding will be used to pay off the remaining debt of an existing senior loan taken with Avenue Venture Opportunities Fund, L.P., a fund of the Avenue Capital Group, in May 2021. Over the course of the loan agreement, Clene borrowed $20 million. Repayment under the loan agreement began in July 2024 with $7 million of principal outstanding as of December 2024 plus a final payment fee of $0.85 million, for a total payoff of approximately $7.9 million, including a prepayment penalty.

The new loan will help improve the company’s cash position, enabling the cash runway to generate additional biomarker data to support the new drug application of CNM-Au8 for ALS via an accelerated regulatory pathway. The company met with the U.S. Food and Drug Administration (“FDA”) to discuss a potential accelerated regulatory pathway in November and has since received additional guidance from the regulatory body to gather further clinical trial data.

CNM-Au8, an oral suspension of gold nanocrystals, works by improving cellular energy production and utilization, which is critical for maintaining neuronal health. The drug candidate has already been shown to improve central nervous system cells’ survival and function via a mechanism that targets mitochondrial function and the nicotinamide adenine dinucleotide (“NAD”) pathway while reducing oxidative stress. Phase 2 clinical trial data, as presented to the FDA, revealed significant improvement in survival rates, functional status and combined assessment of function and survival.

The FDA recommended that Clene leverage additional NfL data from its three expanded access protocols (“EAPs”) and the HEALEY ALS Platform Trial to support earlier findings. Clene will have another meeting with the FDA in early 2025 to review and finalize its analysis plan for the EAP NfL biomarker analyses.

Commenting on the new debt facility, Clene CEO and President Rob Etherington said the company was grateful for the trust of its long-standing investors who remain supportive of the company’s efforts to provide potentially lifesaving therapies for ALS and other neurodegenerative diseases.

“We believe that the proceeds from this new debt facility, including an extended interest-only period, will allow Clene the cash runway to generate the additional data the U.S. Food and Drug Administration has requested from our expanded access programs,” Etherington added. “The data are being gathered to support the existing clinical study data for inclusion in an application seeking approval of CNM-Au8 for ALS through the accelerated regulatory pathway.”

For more information, visit the company’s website at www.Clene.com.

NOTE TO INVESTORS: The latest news and updates relating to CLNN are available in the company’s newsroom at https://ibn.fm/CLNN

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

MissionIR is powered by IBN

Posted in Clene Inc. CLNN | Leave a comment

MissionIRNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Secures Class 3 EV Truck Order from Westland Floral

Posted on December 26, 2024 by MissionIR

Mullen Automotive (NASDAQ: MULN) has received a purchase order for two Class 3 EV trucks, the Mullen THREE, from Westland Floral. The trucks, customized by Phenix Truck Bodies in California, were delivered through Pritchard Commercial and include California HVIP incentives, emphasizing cost and environmental benefits. The Mullen THREE, designed for urban last-mile delivery, boasts a 38-foot turning diameter, over 5,800 pounds of payload, and easy upfitting capabilities. Mullen’s EV lineup meets strict U.S. safety and emissions standards and offers substantial savings through state and federal incentive programs, including up to $45,000 in California rebates.

To view the full press release, visit https://ibn.fm/84JpC

About Mullen Automotive Inc.

Mullen Automotive is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) with two United States-based vehicle plants located in Tunica, Mississippi, (120,000 square feet) and Mishawaka, Indiana (650,000 square feet). In August 2023, Mullen began commercial vehicle production in Tunica. In September 2023, Mullen received IRS approval for federal EV tax credits on its commercial vehicles with a Qualified Manufacturer designation that offers eligible customers up to $7,500 per vehicle. As of January 2024, both the Mullen ONE, a Class 1 EV cargo van, and Mullen THREE, a Class 3 EV cab chassis truck, are California Air Resource Board (“CARB”) and EPA certified and available for sale in the U.S. The CARB-issued HVIP approval on the Mullen THREE, Class 3 EV truck, provides up to a $45,000 cash voucher at time of vehicle purchase. The company has also recently expanded its commercial dealer network to seven dealers with the addition of Papé Kenworth. Other previously announced dealers include Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, Eco Auto, and Randy Marion Auto Group, providing sales and service coverage in key Midwest, West Coast, Pacific Northwest, New England and Mid-Atlantic markets. The company has also announced Foreign Trade Zone (“FTZ”) status approval for its Tunica, Mississippi, commercial vehicle manufacturing center. FTZ approval provides a number of benefits, including deferment of duties owed and elimination of duties on exported vehicles. For more information about the company, visit www.MullenUSA.com.

NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://ibn.fm/MULN

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

MissionIR is powered by IBN

Posted in Mullen Automotive Inc. MULN | Leave a comment

Thumzup Media Corp. (NASDAQ: TZUP) Targets Expanded Market Reach with X and TikTok Integration

Posted on December 23, 2024 by MissionIR
  • Thumzup Media Corporation, a company at the forefront of modernizing the social media branding and marketing industry with its unique approach, looks to expand advertiser reach through strategic platform integration with X and TikTok
  • These strategic moves will complement the company’s current integration with Instagram, and will allow for unified campaign management to create and customize branded content across all the platforms
  • So far this year, Thumzup has realized a 202% growth in advertisers, underscoring the platform’s escalating appeal across diverse business sectors
  • The new integrations highlight the company’s commitment to maximize advertiser reach with their revolutionary approach of turning everyday users into brand ambassadors

Thumzup (NASDAQ: TZUP), a Los Angeles-based company that is disrupting the social media branding and marketing industry with its unique platform, designed to connect advertisers directly with everyday social media users, is looking to further expand its advertiser reach through strategic integrations with the two leading social media platforms, X (formerly Twitter) and TikTok. The launch with X is already underway (https://ibn.fm/R8doq), and TikTok upcoming (https://ibn.fm/5ieBW). These ambitious moves complement the company’s current integration with Instagram and will disrupt traditional advertising models, mainly through scalable user-driven content monetizationn (https://ibn.fm/vJoN8).

Such initiatives highlight Thumzup’s commitment to maximizing advertiser reach and turning everyday users into brand ambassadors. Today, the company is the only platform that makes it easy for any brand or business to pay people cash to share a brand or business with their personal friends on their social media. This overall market is currently valued at over $400 billion, and the approach has already allowed Thumzup to achieve a 202% growth in advertisers in 2024 alone, underscoring the platform’s escalating appeal across diverse business sectors.

With its X integration, Thumzup looks to expand its potential reach to a massive and engaged audience, ultimately positioning itself for continued growth in the digital advertising space. So far this year, X has experienced a 12.5% year-over-year (“YoY”) growth in time spent on the platform, with the numbers expected to grow as time progresses. Thumzup looks to tap into this growth, broadening its reach and amplifying its impact.

“Our planned integration with X Corp. marks a transformative milestone for Thumzup,” noted Thumzup’s CEO, Robert Steele. “Since our inception, Thumzup has aimed to expand to other social media platforms. Having achieved milestones such as paying out over $250,000 to our users with approximately 25,000 Instagram posts, and recently listing our company on Nasdaq, we are now aggressively moving forward to broaden our reach. We expect this integration to occur by the end of January 2025. Once implemented, it should significantly amplify Thumzup’s impact, enabling advertisers to leverage trusted user voices to drive scalable and authentic engagement,” he added (https://ibn.fm/vJoN8).

The integration will support unified campaign management to create and customize branded content for both X and Instagram. It will also offer enhanced audience targeting to boost campaign efficiency further. It will use monetization for users to revolutionize influencer marketing by enabling individuals to earn variable cash rewards for authentic brand endorsements.

Thumzup is taking on a similar approach with TikTok, a platform with over 1.5 billion active monthly users. The company looks to drive value creation with plans specifically designed to offer unified content management across the platform, alongside Instagram and X. The features will cover seamless multi-platform posting with a single post workflow. It will also feature campaign optimization and monetization through direct user compensation.

“Tapping into TikTok’s user engagement metrics is expected to be a game-changer,” noted Mr. Steele. “This planned integration will enhance our competitive advantage and establish our role in redefining modern digital advertising,” he added (https://ibn.fm/x3QNh).

“Our platform’s capability to engage consumers directly through social media and reward them for their endorsements has met with enthusiastic response from a wide spectrum of businesses,” stated Mr. Steele. “This includes retailers, restaurants, home furnishings, clothes, coffee shops, and consumer brands in beverages and breakfast cereals. The Thumzup platform is continuing to resonate with advertisers, and we are thrilled by the continued adoption of our platform,” he added (https://ibn.fm/AmEDd).

For company information, visit www.ThumzupMedia.com.

NOTE TO INVESTORS: The latest news and updates relating to TZUP are available in the company’s newsroom at https://ibn.fm/TZUP

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

MissionIR is powered by IBN

Posted in Thumzup Media Corp. TZUP | Leave a comment

AI is Being Trained to Spot Anomalies During Tests in the Medical Sector

Posted on December 23, 2024 by MissionIR

Audra Moran, the head of a global charity (“OCRA”) focused on researching ovarian cancer, says her area of expertise is underfunded and very deadly. Most cases of this disease originate within the fallopian tubes and spread to the ovaries. The problem is, by the time the malignancy spreads to the ovaries, there is a high likelihood that it has also spread to other parts of the body. This is why early detection is critical as life-saving interventions can be carried out.

The life-changing window of detection is approximately 5 years before the onset of ovary cancer symptoms, but it is currently difficult to detect the condition within this period.

That is where artificial intelligence (“AI”) comes in. New testing techniques are exploring how AI can be leveraged to detect ovarian cancer early enough to make a difference in the mortality of patients. Other deadly infections, such as pneumonia, can also benefit from this AI-testing method.

Doctor Daniel Heller, a biomedical engineer based at the cancer center at Memorial Sloan Kettering in New York, heads a team developing technology to conduct blood tests using nanotubes. Nanotubes were discovered two decades ago, but how to leverage them during diagnostic tests had eluded scientists. Dr. Heller and his team are working to solve this challenge.

They took blood samples from two groups of patients; one group contained samples from people who have been diagnosed with ovarian cancer. The other group didn’t have the disease. This data was uploaded into an algorithm that uses machine learning to detect patterns within those blood samples. One challenge the team encountered was the limited data on ovarian cancer patients. This is because the condition is rare, and the patients who are diagnosed with the cancer are treated by different hospitals whose data isn’t readily available to research teams.

Dr. Heller says they took a chance and used data from just 100 patients to train their AI model. It was a desperate attempt, and they were pleasantly surprised to see that the AI model was able to perform more reliably than other biomarkers currently in use to detect the cancer.

He says the system is undergoing further development and it could be 3-5 years away from commercialization. Nevertheless, the team is hopeful that this AI model can be deployed to detect other gynecological disorders so that doctors can use the tool to positively identify which particular condition a patient is suffering from.

As more use cases of AI emerge, not just in the biomedical field but also in other walks of life, the demand for minerals like gold and copper that are critical in the burgeoning AI industry will increase. Companies like McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) that focus their efforts on extracting these AI metals are well positioned for the future ahead.

NOTE TO INVESTORS: The latest news and updates relating to MUX are available in the company’s newsroom at http://ibn.fm/MUX

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

MissionIR is powered by IBN

Posted in McEwen Mining Inc. MUX | Leave a comment

MissionIRNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) Committed to Ensuring Highest Standards in Continued Buntanetap Trials

Posted on December 20, 2024 by MissionIR

Annovis Bio (NYSE: ANVS) is a clinical-stage drug platform company developing novel therapies for neurodegenerative diseases. The company’s lead candidate, buntanetap, is an innovative drug that targets multiple pathways involved in neurodegenerative diseases by inhibiting the production of neurotoxic proteins that lead to the death of neurons, thereby slowing or stopping disease progression. A recent article highlights the company’s successful clinical trials and its receipt of FDA clearance to proceed with a pivotal phase 3 Alzheimer’s disease program for buntanetap, set to begin in early 2025.

“Our priority is to bring a safe and effective treatment to patients, and we are committed to ensuring the next clinical trials are executed at the highest standards to attain an expedited NDA submission,” Dr. Maccecchini said in a recent episode of IBNs’ BioMedWire Podcast.

To view the full article, visit https://ibn.fm/gLby4

About Annovis Bio Inc.
Headquartered in Malvern, Pennsylvania, Annovis Bio is dedicated to addressing neurodegeneration in diseases such as AD and PD. The company’s innovative approach targets multiple neurotoxic proteins, aiming to restore brain function and improve the quality of life for patients.

For more information, visit the company’s website at www.AnnovisBio.com, and social channels LinkedIn, X and YouTube.

NOTE TO INVESTORS: The latest news and updates relating to ANVS are available in the company’s newsroom at https://ibn.fm/ANVS

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

MissionIR is powered by IBN

Posted in Annovis Bio Inc. ANVS | Leave a comment

Thumzup Media Corp. (NASDAQ: TZUP) Proprietary Ad-Tech Platform Sees 202% Growth in Advertisers, Amid Advanced AI Integration Push

Posted on December 20, 2024 by MissionIR
  • Thumzup Media’s advertiser base expanded from 183 to 554 in the first ten months of 2024, with targets estimating 1,000% increase through 2025.
  • The company’s advertising technology platform has already been adopted by a wide range of businesses across multiple verticals, including local retailers and national consumer brands.
  • Thumzup also announced engagement of Tedras Global Solutions, and principal Courtney Doutherd, to spearhead AI integration and accelerate growth and adaptation of its ad-tech platform.
  • Doutherd brings over 25 years of experience in AI, software engineering, and program management, having led projects for SpaceX, Oracle, Microsoft, and IBM.
  • The partnership reflects Thumzup’s mission to empower businesses and consumers with advanced social media advertising tools.

Thumzup (NASDAQ: TZUP), an emerging leader in social media branding and marketing solutions, reported a robust 202% growth in the number of advisers subscribing to its proprietary ad-tech platform, with over 500 advertisers joining since the beginning of the year. According to a recent press release, Thumzup has grown from 183 advertisers to 554 as of Oct. 31, 2024, underscoring the platform’s escalating appeal across diverse business sectors and the company’s innovative approach that enables businesses and brands to pay customers and fans cash through Venmo and PayPal for their posts on social media (https://ibn.fm/BzUqO).

“Our platform’s capability to engage consumers directly through social media and reward them for their endorsements has met with enthusiastic response from a wide spectrum of businesses,” stated Thumzup CEO Robert Steele. “This includes retailers, restaurants, home furnishings, clothes, coffee shops and consumer brands in beverages and breakfast cereals. The Thumzup platform is continuing to resonate with advertisers, and we are thrilled by the continued adoption of our platform.” The company aims to increase its advertiser base by 1,000% or more than 5,000 subscribers through 2025.

With a goal of democratizing the multi-billion dollar social media branding and marketing industry through its unique approach, Thumzup also announced a strategic partnership with Tedras Global Solutions, LLC and its principal, Courtney Doutherd, a globally recognized software engineer and artificial intelligence expert (https://ibn.fm/MC9F5). Under the terms of the partnership, the company will integrate state-of-the-art AI into its flagship ad-tech platform, marking a bold step toward redefining social media advertising.

Doutherd brings over 25 years of proven experience in AI, software engineering and program management, to lead Thumzup’s AI initiatives. With a career that includes contributions to industry leaders like SpaceX, Oracle, Microsoft, and IBM, Doutherd’s leadership will help ensure that the Thumzup platform can undergo unparalleled scalability and personalization, leveraging groundbreaking AI frameworks and large-scale systems to drive transformative growth.

Commenting on the partnership, Steele underlined that the company was very excited to welcome Doutherd to the team as his vast expertise should accelerate the execution of the Thumzup vision to deliver next-generation technology to consumers and businesses. The partnership underscores the company’s commitment to enhancing s shareholder value through continued technological innovation that can help Thumzup stand out as a unique provider of personalized marketing solutions that offer businesses a way to connect directly to their audience while rewarding users for authentic engagement.

Highlights of the strategic partnership include:

  • Advanced AI integration will enhance platform performance by improving recruiting, training and support of gig economy salespeople, advertisers and users.
  • Introduction of a unique and democratized approach to social media advertising by allowing brands to easily pay consumers for their posts.
  • Doutherd’s leadership will help the company deliver rapid innovation and remain at the forefront of ad-tech advancements.

“Integrating advanced AI capabilities will not only streamline our platform’s operations but also significantly broaden our market reach and effectiveness, accelerating our growth and efficiencies to enhance the platform experience for both advertisers and creators,” Steele added. “This milestone establishes a robust foundation for our ongoing growth and innovation, solidifying Thumzup as a leader in the social media advertising landscape.”

The Thumzup app is available for download on the App Store and Google Play.

For more information, visit the company’s website at www.ThumzupMedia.com.

NOTE TO INVESTORS: The latest news and updates relating to TZUP are available in the company’s newsroom at https://ibn.fm/TZUP

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

MissionIR is powered by IBN

Posted in Thumzup Media Corp. TZUP | Leave a comment

MissionIRNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces $5 Million Direct Offering to Institutional Investors

Posted on December 20, 2024 by MissionIR

FingerMotion (NASDAQ: FNGR), a mobile services and data company, has entered into a definitive securities purchase agreement with institutional investors for the sale of 3,333,336 shares of common stock and warrants to purchase up to 5,000,004 shares at a combined price of $1.50 per share and warrant. The common warrants are exercisable immediately at $1.50 per share and have a five-year term. Expected to close by Dec. 23, 2024, the offering is anticipated to generate $5.0 million in gross proceeds, to be used for general corporate purposes. Roth Capital Partners is acting as the exclusive placement agent for the offering, which will be conducted under a Form S-3 registration statement filed with the SEC.

To view the full press release, visit https://ibn.fm/Dazeg

About FingerMotion Inc.

FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the company is developing additional value-added technologies to market to its users. The vision of the company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets. For more information about the company, visit https://fingermotion.com.

NOTE TO INVESTORS: The latest news and updates relating to FNGR are available in the company’s newsroom at https://ibn.fm/FNGR

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

MissionIR is powered by IBN

Posted in FingerMotion Inc. FNGR | Leave a comment

MissionIRNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Poised for Growth in Providing Critical Resources for AI Infrastructure

Posted on December 19, 2024 by MissionIR

McEwen Mining (NYSE: MUX) (TSX: MUX) was featured in a recent article that discussed the transformation of a nearly 150-year old Japanese firm into the country’s hottest stock amid burgeoning growth in the AI sector. “The current boom in AI has turned a previously little-known Japanese company into a star on the stock market. Fujikura, which has been in existence for the past 139 years, has shot to fame because of its longstanding excellence in making cables for data centers. Since the beginning of this year, the shares of this company have seen a whopping 400% rise in value,” the article reads.

The publication goes on to describe how others fueling the industry are set to benefit. “Companies like McEwen Mining (NYSE: MUX) (TSX: MUX) that extract minerals such as gold and copper, critical for establishing AI infrastructure, could also see their revenues grow significantly as the artificial intelligence industry continues to require more resources.”

To view the full article, visit https://ibn.fm/EyNhd

About McEwen Mining Inc.
McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it owns approximately 47.7% of McEwen Copper, which owns the large, advanced-stage Los Azules copper project in Argentina. The company’s goal is to improve the productivity and life of its assets with the objective of increasing its share price and providing a yield. Rob McEwen, MUX’s chairman and chief owner, has personally provided the company with $220 million and takes an annual salary of $1.

NOTE TO INVESTORS: The latest news and updates relating to MUX are available in the company’s newsroom at http://ibn.fm/MUX

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

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Posted in McEwen Mining Inc. MUX | Leave a comment

MissionIRNewsBreaks – Why Thumzup Media Corp. (NASDAQ: TZUP) Is ‘One to Watch’

Posted on December 18, 2024 by MissionIR

Thumzup (NASDAQ: TZUP) is at the forefront of modernizing the marketing industry with its unique platform designed to connect advertisers directly with everyday social media users. “The company’s mission is to empower individuals by turning their authentic social media activity into a monetizable asset while providing brands with cost-effective and impactful advertising solutions,” reads a recent article.

“Through its flagship Thumzup platform, the company offers a seamless system where users post about participating advertisers and receive cash payments via Venmo or PayPal. Thumzup recently announced plans to integrate bitcoin as an additional payment option, expanding accessibility for gig economy workers.”

To view the full article, visit https://ibn.fm/V5eJO

About Thumzup®
Thumzup Media Corporation is democratizing the multi-billion dollar social media branding and marketing industry. Its flagship product, the Thumzup platform, utilizes a robust programmatic advertiser dashboard coupled with a consumer interface to enable individuals to get paid cash for posting about participating advertisers on major social media outlets through the Thumzup App. The easy-to-use dashboard allows advertisers to programmatically customize their campaigns. Cash payments are made to app users/creators through PayPal and other digital payment systems.

Thumzup was featured on CBS Los Angeles and in KTLA.

NOTE TO INVESTORS: The latest news and updates relating to TZUP are available in the company’s newsroom at https://ibn.fm/TZUP

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

MissionIR is powered by IBN

Posted in Thumzup Media Corp. TZUP | Leave a comment

SuperCom Ltd. (NASDAQ: SPCB) Enjoys Growing Influence in U.S. and European Public Safety Circles Through Superior Electronic Monitoring Technology

Posted on December 18, 2024 by MissionIR
  • Local, regional and national governments around the world are increasingly pursuing electronic monitoring (“EM”) of offenders as a means of reducing costly and often damaging incarceration
  • Latvia’s parliament recently moved a series of amendments into law that advances the country’s use of electronic monitoring (“EM”) as a tool for courts and law officers to supervise criminal suspects while allowing them to be free from incarceration
  • Israel-based SuperCom is an innovator in advanced electronic monitoring (“EM”) solutions and is building a growing list of clients in Europe and the United States
  • The company has a track record of over 50 governments and 100,000 individuals served, and has added several new contracts during the past year
  • EM monitoring is increasingly popular for preventing domestic violence (“DV”), as it helps set boundaries for DV suspects and alerts potential victims and authorities when those boundaries are at risk of being violated. Its success relies on the use of advanced technologies to ensure effectiveness

Electronic monitoring (“EM”) technology developer SuperCom (NASDAQ: SPCB) has built a worldwide reputation with its PureSecurity suite, which is used for dependable court-supervised tracking of qualifying offenders.

Bracelets, equipped with GPS and RFID capabilities, along with associated advanced technologies and solutions, have gained widespread use among court and law enforcement officials as a means of virtually detaining individuals within the community rather than behind jail bars. The bracelets can be used to ensure that probationers or suspects awaiting court decrees can be supervised while free from custody to ensure that the individuals remain confined at home or that their movements remain limited according to parameters established by law officers.

SuperCom is focused on continuing to grow its client list in North America and Europe. The company’s leadership has announced several new contracts during the past year, many of them related to domestic violence monitoring, and is particularly pleased with the $32 million project in Romania that is set to monitor about 15,000 offenders over the course of six years (https://ibn.fm/Bihmt).

SuperCom also extended its congratulations to Latvia’s parliament Saeima earlier this year as it worked to combat domestic violence through the integration of electronic monitoring services (https://ibn.fm/nE8v3), a process advanced with the final reading of proposed amendments into the Criminal Procedure Law last month, which could lead to the EM monitoring of an estimated average of 400 suspects per year, according to the amendments’ authors (https://ibn.fm/L2OZF).

“Our solutions create positive social impact and improve public safety worldwide. That is a fact,” SuperCom President and CEO Ordan Trabelsi said during a presentation of his company’s achievements last October at the LD Micro 17th Annual invitational micro-cap conference (https://ibn.fm/CJIRA). “We see this (impact) over and over in various regions,” he said. “We’re helping save the lives of potential victims. We’re aiding to eradicate domestic violence, we’re increasing public safety and well-being. … We probably have more units in domestic violence than any other player out there.”

SuperCom’s GPS technology is waterproof and has a battery life of up to one year, eliminating the need for continuous daily recharging. Its sleek design improves on the bulky ankle monitors worn in other programs, making it possible for EM supervised individuals to move about in society without being stigmatized by obvious law enforcement devices while attempting to be productive at home and work.

For more information, visit the company’s website at www.SuperCom.com.

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

MissionIR is powered by IBN

Posted in SuperCom Ltd. SPCB | Leave a comment