MagicMed bidder Enveric Biosciences issues letter to shareholders ahead of merger
In late May, MagicMed announced it had entered into a definitive agreement for an all-stock transaction that would see it acquired by Enveric
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Procaps Group
PRIVATE:[TICKER]
Procaps Group is a leading pharmaceutical and healthcare company based in Latin America with global reach, well positioned to drive regional consolidation. The Company is the largest pharmaceutical integral CDMO (iCDMO) in Latin America and top three globally in volume of softgel production capacity.1 An in-house R&D delivers unparalleled expertise and innovation with 500+ formulations, and 50+ new products per year. Six manufacturing facilities in Latin America including the first FDA-approved pharmaceutical plant on continent support its products that are sold and distributed in over 50 worldwide markets.
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Forward Water Technologies advances its clean-water technology toward full commercialization
The company, which raised $6.5 million in a recent financing to fund its forward osmosis technology that recycles wastewater into clean water for reuse, will soon go public on the TSX Venture Exchange as Forward Water Technologies Corp
Forward Water Technologies closes second tranche of private placement for a combined $6.5M
The combined gross proceeds from the financing include around $5.2 million from the first tranche and $1.3 million in the second tranche for an aggregate amount of $6.5 million
Levitee Labs to start trading on Canadian Securities Exchange on July 21
The British Columbia-based company’s common shares will trade under the ticker symbol 'LVT'
Levitee Labs approved to list on CSE with proven revenue and cashflow in the psychedelics market
Levitee Labs was born out of an idea to transform the inefficiencies people suffering from mental health disorders, addiction, and pain management issues, tragically experience every day
MagicMed merger partner Enveric says phase 1/2 glioblastoma trial of its synthetic CBD drug has green light from Israeli regulators
The study is designed to investigate the safety and efficacy of synthetic CBD when administered alone or in combination with other drugs
Chinese medical data group ditches US IPO plans after DiDi crash
China has ramped up scrutiny of companies looking to float in the United States
MagicMed Industries updates on progress ahead of closing of Enveric Biosciences merger
MagicMed said that the two companies are "working diligently" to finalize the definitive agreement to close their amalgamation
Bitcoin mining difficulty: How it's calculated and what happens when it gets easier
Over the weekend, the difficulty of mining Bitcoin fell by a record 28% after a crackdown on crypto mining in China caused large portions of computing power to go offline
Gold bull case stronger than ever, as easy addicts at the Fed will never quit
Gold has been a better store of value over the centuries than almost any other asset class
Copper prices weaken as China plans release of state stockpiles
Copper is often seen as the bellwether of the global economy
Pathway Health receives final exchange approval as it gears up to trade on the TSX Venture Exchange
The company said trading in its shares on the TSX Venture Exchange is expected to kick off at market open on Thursday, June 17, 2021
MagicMed Industries set to fly the flag for both psychedelics and cannabinoids as it agrees to acquisition by Enveric Biosciences
There has been a sizable increase in psychedelic companies flocking to stock markets to raise capital in the interest of developing their products and MagicMed was one looking to pursue that path
Forward Water Technologies finalizes $5.1M first tranche of subscription receipt financing
FWT anticipates completing a second tranche for additional gross proceeds of $1 million within the next two weeks
Forward Water Technologies strikes definitive agreement with Hope Well Capital to take the wastewater company public on the TSX Venture Exchange
It is commercializing its proprietary forward osmosis technology that allows manufacturing operations to clean their wastewater and reclaim up to 90% of the waste as clean water
Bitcoin is still evolving into a store of value despite crypto market carnage
Analysts at digital asset manager CoinShares have said it is "increasingly apparent" that Bitcoin is becoming increasingly financialised, which in turn indicates its "potential utility as a store of value"
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NA Proactive news snapshot: Esports Entertainment, Enveric Biosciences, MagicMed Industries, Power REIT, Vuzix Corporation UPDATE …
A glance at some of the day's highlights from the Proactive Investors US and Canada newswires
Enveric Biosciences enters definitive agreement for an all-stock transaction to acquire MagicMed Industries
Once closing is complete, Magic Med CEO Dr Joseph Tucker will be appointed chief executive officer of the enlarged company and David Johnson, chairman and CEO of Enveric will be appointed executive chairman
Bitcoin, Ethereum decline as China’s crypto crackdown continues
The two major digital currencies suffered sharp falls on Sunday after a meeting of China's Financial Stability and Development Committee said the country's finance sector should “crack down on Bitcoin mining and trading behaviour”
Yorkville Asset Management participates in $63M CareRx financing to fund acquisition of long-term care pharmacy division
CareRx announced in April its plans to acquire the Long-Term Care Pharmacy Division of Medical Pharmacies Group, which is comprised of 18 fulfillment centres that serve around 36,000 residents of long-term care