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$TRCH Senior Secured Lender Converts Remaining $1.5 MillionTorchlight Senior Secured Lender Converts Remaining $1.5 Million of Senior Debt announced today that Torchlight's only remaining secured noteholder has converted all $1.5 million of its remaining position into common stock at the conversion price of $1.50 per share, for a total of 1,000,000 shares. This leaves Torchlight with no term debt remaining on its books. The blanket liens on the Orogrande Project and the Hazel Project that were securing the debt will be released in full. finance.yahoo.com
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by AlenCiken
$LKCO Announces $15.0 Million Registered Direct OfferingLuokung Technology Corp. Announces $15.0 Million Registered Direct Offering today announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct offering of approximately $15.0 million of ordinary shares at a price of $0.888 per share. The Company will issue a total of 16,891,892 ordinary shares to the institutional investors. As part of the transaction, the Company will also issue to the investors warrants ("Warrants") for the purchase of up to 8,445,946 ordinary shares at an exercise price of $1.11 per share, which Warrants will have a term of three years from the date of issuance.
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by AlenCiken
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$SCKT launches first enterprise-grade scanners for Apple iPhoneSocket Mobile launches first enterprise-grade scanners for Apple iPhone 12 series Socket Mobile is excited to announce the arrival of the DuraSled™, the first enterprise-grade barcode scanner for the iPhone 12, iPhone 12 Pro, iPhone 12 Pro Max and iPhone 12 Mini. With the sleek, high-performance DuraSled, users of all Apple iPhone 12 series devices can access professional-grade scanning solutions. An ever-increasing number of companies count on iPhone applications to run their businesses. finance.yahoo.com
NASDAQ:SCKT
by AlenCiken
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Expedia CEO: We’re seeing plenty of signs of demandWe’re seeing plenty of signs of demand:’ Expedia CEO on travel demand amid pandemic. As we said yesterday on our earnings, we are seeing some signs of improvement in the first month of the year. It started around the holidays. And we've been slowly modestly improving from there. January was better than December. It's kind of a story of waiting. And there are some countries like the US that are stronger, where people are moving around more. There are areas in Asia as well. And then there are places like Europe, where things are still fairly locked down. So it's really where people are feeling more confident about travel, where people are allowed to travel. We're certainly seeing plenty of signs of demand. It's just a question of consumer confidence and risk tolerance and what governments are allowing people to do. finance.yahoo.com
NASDAQ:TRVG
by AlenCiken
NEWEGG.COM merger hypeThere does not appear to be any direct news from the company. But it seems like that there was some coordination by day traders on social media-Twitter and Twitter hashtags. TWITTER: $LLIT $15-17 then $20+ into NEWEGG.COM merger on bitcoin $LLIT swing is alive. Proxies have been filed. http://NEWEGG.com!!! Easy $20 into merger, if not more, IMO. $LLIT Merger Docs out today on NewEgg 1B+ Merger. Very low float, be smart. $20-30 $LLIT will become a bitcoin play as they merge with newegg. $LLIT Great dip. After the proxy filing this should really start heating up next week. $20+ low end price target for the merger. 18% of the float is short. This could squeeze
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by AlenCiken
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$LGHL to set up US$800 million blockchain fundLion Signs Strategic Cooperation Agreement Today announced it entered into a binding strategic cooperation framework agreement with Mr. Yao Yongjie, a leader in the global blockchain industry and the chairman of the board of directors of a public listed company on the Hong Kong Stock Exchange, Grandshores Technology Group Limited. According to the agreement, the Company and Mr. Yao will each use their respective capital, platform and resources to jointly set up a fund of not more than US$800 million to jointly promote the development and the industry environment of blockchain technology, and actively promote the product innovation in the digital currency field, allowing clients to participate in the digital currency market more conveniently. The fund will invest, without limitation, in mine construction, mining and its upstream and downstream industries of digital currencies such as Bitcoin and Ethereum. finance.yahoo.com
NASDAQ:LGHL
by AlenCiken
$LKCO $5.0 Million Registered Direct PlacementLuokung Announces Partnership Between EMG and Leading Electric Vehicle Manufacturer BAIC BJEV to Jointly Develop Mapping Services for Autonomous Driving EMG recently worked with BAIC BJEV to provide HD map services in autonomous valet parking ("AVP") for BAIC New Energy vehicles. The two parties will cooperate in depth on L3 (conditional driving automation) to L4 (high driving automation) autonomous driving related projects. finance.yahoo.com Luokung Technology Corp. Announces $5.0 Million Registered Direct Placement today announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct offering of $5.0 million of ordinary shares at a price of $0.52 per share. The Company will issue a total of 9,615,387 ordinary shares to the institutional investors. As part of the transaction, the Company will also issue to the investors warrants ("Warrants") for the purchase of up to 4,807,694 ordinary shares at an exercise price of $0.68 per share, which Warrants will have a term of three years from the date of issuance. finance.yahoo.com
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by AlenCiken
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