Nextsuperstocks

11/20/2024

HCW Biologics (HCWB) Announces Pricing of $6.9 Million Registered Direct Offering and Concurrent Private Placement Priced Above Market Under NASDAQ Rules


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https://smallcapnewsalert.com/hcw-biologics-announces-pricing-of-6-9-million-registered-direct-offering-and-concurrent-private-placement-priced-above-market-under-nasdaq-rules/

11/13/2024

Bright Mountain Media, Inc Announces Third Quarter 2024 Financial Results

Third quarter revenue decreased to $14.2 million compared to $15.3 million for the third quarter of 2023.

Year to date revenue increased by $10.2 million to $39.6 million compared to $29.4 million for the same period of 2023.

Boca Raton, FL, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Bright Mountain Media, Inc. (OTCQB: BMTM) (“Bright Mountain” or the “Company”), a global marketing service platform with capabilities in digital publishing, advertising technology, consumer insights, creative and media services, today announced its financial results for the third quarter and nine months ended September 30, 2024.

Matt Drinkwater, CEO of Bright Mountain Media, is excited to report our continued financial progress and addition of industry veteran Board Members this past quarter. He states, "We are pleased with our continued positive financial performance focused on our bottom-line. Our third quarter net loss was $3.3 million, a decrease of 84%, compared to a $19.8 million net loss in the same period of 2023, and our Adjusted EBITDA of $804,000 represented an increase of $521,000 from $283,000 during the same period of 2023. Our current focus of maximizing synergies from prior acquisitions, launching innovative products and services, and advancing our vision of becoming an end-to-end marketing services platform is showing up in our financials. We are also proud that we can recruit distinguished industry leaders who will bring significant strategic guidance and unique perspective. We are eager to leverage their collective experience to propel our mission forward."


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https://smallcapnewsalert.com/bright-mountain-media-inc-announces-third-quarter-2024-financial-results/

Bright Mountain Media Third Quarter 2024 Financial Results.Year to date revenue increased by $10.2 million to $39.6 million compared to $29.4 million for the same period of 2023.

11/07/2024

Sangamo Therapeutics, Inc. (Nasdaq: SGMO), a genomic medicine company, announced today that the company has scheduled the release of its third quarter 2024 financial results after the market close on Tuesday, November 12, 2024.


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https://smallcapnewsalert.com/sangamo-therapeutics-announces-alignment-with-fda-on-accelerated-approval-pathway-for-st-920-in-fabry-disease-with-bla-submission-expected-in-2025/

Sangamo Therapeutics Announces Alignment With FDA on Accelerated Approval Pathway for ST-920 in Fabry Disease With BLA Submission Expected in 2025

09/17/2024

Bright Mountain Media (OTCQB: BMTM) Announces Appointment of AdTech Veteran Tom Triscari as Director and Compensation Committee Chair

Boca Raton, FL, September 17, 2024 (GLOBE NEWSWIRE) -- Bright Mountain Media, Inc. (OTCQB: BMTM) ("Bright Mountain" or the "Company"), a global marketing services platform with current investments in digital publishing, advertising technology, consumer insights, and creative and media services, announced via a FORM-31 on August 20, 2024, the appointment of Thomas Triscari to the Board of Directors and as Chair of the Compensation Committee.

With a distinguished career in the AdTech and digital media industries, Thomas Triscari brings a wealth of experience to Bright Mountain Media. Currently a Senior Advisor at Landmark Ventures, Triscari is instrumental in developing a premier M&A advisory practice within the AdTech and Media sectors. He is also the Founder of the Forensic AdTech Collaborative Thinktank (FACT), an initiative to pioneer new standards in the industry.
Triscari's extensive advisory and non-executive board roles include positions at WasteNot, Br1dge, Adfidence, and Compliant. He serves as a Non-Executive Board Member at Adslot and has made significant contributions as the Founder of the Quo Vadis Newsletter, a widely respected resource in AdTech.

Previously, Triscari has held influential roles at Yahoo! EMEA, where he participated in sales operations, planning, and strategy. His expertise was further demonstrated at Criteo, where he served as Director of Publisher Marketplace & Business Intelligence. As an entrepreneur, Triscari founded Labmatik, a consultancy specializing in programmatic advertising, and led Yieldr, a Demand-side Platform (DSP), as CEO.
Thomas Triscari, commented, "I am thrilled to join Bright Mountain Media as a Director," said Triscari. "The company's innovative approach to digital marketing and commitment to excellence aligns perfectly with my professional values and goals. I look forward to contributing to Bright Mountain Media's continued success and growth in the dynamic marketing landscape."

Matt Drinkwater, Chief Executive Officer of Bright Mountain Media, commented, "We are delighted to welcome Tom to our Board of Directors. Tom's extensive experience and deep understanding of the AdTech and media industries will be invaluable as we navigate the evolving marketplace. His strategic insights and industry expertise will significantly enhance our governance and drive our mission forward."

About Bright Mountain Media, Inc.
Bright Mountain unites a diverse portfolio of companies to deliver a full spectrum of advertising, marketing, technology, and media services under one roof—fused together by data-driven insights. Bright Mountain's brands include Big Village, Deep Focus, Wild Sky Media, and BrightStream. For more information, please visit www.brightmountainmedia.com.

Forward-Looking Statements for Bright Mountain Media, Inc.
This press release contains certain forward-looking statements that are based on current expectations and involve certain risks and uncertainties. Such forward-looking statements can be identified by the use of words such as "should," "may," "intends," "anticipates," "believes," "estimates," "projects," "forecasts," "expects," "plans," and "proposes," and similar words. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including, without limitation, statements made with respect to expectations of our ability to successfully integrate acquisitions, and the realization of any expected benefits from such acquisitions. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" in Bright Mountain’s Annual Report on Form 10-K for the year ended December 31, 2023 and our other filings with the SEC. Bright Mountain does not undertake any duty to update any forward-looking statements except as may be required by law.



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https://smallcapnewsalert.com/bright-mountain-media-otcqb-bmtm-announces-appointment-of-adtech-veteran-tom-triscari-as-director-and-compensation-committee-chair/

Bright Mountain Media (OTCQB: BMTM) Announces Appointment of AdTech Veteran Tom Triscari as Director and Compensation Committee Chair

09/10/2024

Bright Mountain Media Appoints Industry Veteran Joe Pergola as Director and Audit Committee Chair

Boca Raton, FL, Sept. 10, 2024 (GLOBE NEWSWIRE) — Bright Mountain Media, Inc. (OTCQB: BMTM) (“Bright Mountain” or the “Company”), a global marketing services platform with current investments in digital publishing, advertising technology, consumer insights, and creative and media services, announced via a FORM-31 on August 16, 2024, the appointment of Joe Pergola to the Board of Directors and as Chair of the Audit Committee.

Joe Pergola brings a wealth of experience to our team as the Chief Financial Officer of Truckstop, a leading digital marketplace for freight. With over 25 years in the industry, Joe has a distinguished track record of leading and transforming finance, accounting, mergers and acquisitions, corporate development, business and sales operations, and real estate for multiple Fortune 500 Media and Ad Tech companies. His impressive career includes key roles at Amazon, Criteo, The Weather Company, Yahoo, and Time Warner. Notably, as CFO of Integral Ad Science, Joe played a crucial role in the company’s successful IPO in 2021, which valued the company at $3.8 billion.

In his new role, Joe expressed his enthusiasm, stating, “I am honored to join the Bright Mountain Media Board of Directors. Matt continues to build a best-in-class team that has effectively integrated two companies, creating a unique value proposition for marketers. I look forward to collaborating with Matt, the Board, and the rest of the Bright Mountain Media leadership team to provide strategic direction, accelerate growth, and enhance shareholder value.”

Matt Drinkwater, Chief Executive Officer of Bright Mountain Media, commented, “Joe is an accomplished finance leader with a proven track record of driving revenue and profitability at scale. His financial expertise and hands-on operational experience with leading technology and digital media companies will be invaluable as we guide Bright Mountain Media through its next growth stage.”

About Bright Mountain Media, Inc.

Bright Mountain unites a diverse portfolio of companies to deliver a full spectrum of advertising, marketing, technology, and media services under one roof—fused together by data-driven insights. Bright Mountain’s brands include Big Village, Deep Focus, Wild Sky Media, and BrightStream. For more information, please visit www.brightmountainmedia.com.

Forward-Looking Statements for Bright Mountain Media, Inc.

This press release contains certain forward-looking statements that are based on current expectations and involve certain risks and uncertainties. Such forward-looking statements can be identified by the use of words such as “should,” “may,” “intends,” “anticipates,” “believes,” “estimates,” “projects,” “forecasts,” “expects,” “plans,” and “proposes,” and similar words. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including, without limitation, statements made with respect to expectations of our ability to successfully integrate acquisitions, and the realization of any expected benefits from such acquisitions. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in Bright Mountain’s Annual Report on Form 10-K for the year ended December 31, 2023 and our other filings with the SEC. Bright Mountain does not undertake any duty to update any forward-looking statements except as may be required by law.


Contact / Investor Relations:
Douglas Baker at [email protected]
561-807-6350

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https://smallcapstockpick.com/bright-mountain-media-appoints-industry-veteran-joe-pergola-as-director-and-audit-committee-chair/

Bright Mountain Media a global marketing services platform Appoints Industry Veteran Joe Pergola as Director and Audit Committee Chair

09/04/2024

Bright Mountain Media Appoints Elaine Riddell as Non-Executive Director Bringing 15 Years of Experience Driving Transformative Growth

Boca Raton, FL, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Bright Mountain Media, Inc. (OTCQB: BMTM) ("Bright Mountain" or the "Company"), a global marketing services platform with current investments in digital publishing, advertising technology, consumer insights, and creative and media services, announced via a FORM-3 1 on August 14, 2024, that they have appointed Elaine Riddell as Non-Executive Director of the Governance Committee.

Elaine Riddell is a dynamic growth strategist with a proven track record of unlocking breakthrough potential within companies. With over 15 years as a CEO at leading firms such as NOPWorld Health (a unit of UBM), TNS Healthcare, and Kantar Health (now Oracle LifeSciences), Elaine has a distinguished history of transforming established global data, analytics, and consulting firms into high-performing market leaders. Her efforts have consistently driven revenue growth at three times the market rate, demonstrating her unique ability to scale businesses rapidly while achieving attractive margins.

Elaine’s expertise extends from her foundational roles at Abbott Labs (now AbbVie) and IMS Health (now IQVIA), where she honed her skills in customer-centric innovation, strategic mergers and acquisitions, and building high-performance cultures. This broad experience underpins her current role as Managing Director at Oaklins DeSilva+Phillips, a leading investment bank specializing in M&A advisory within the marketing and media services sectors.

In addition to her advisory work, Elaine is an influential board director for the Executive Forum, a network of top executives dedicated to advancing business growth. She served as Vice President from 2012-2016 and 2018-2024 and was Chair of the Advisory Board for Themis Analytics from 2016 to its acquisition in 2017. Themis, a leader in data and analytics for the biopharma industry, benefited greatly from Elaine’s strategic guidance.

Elaine is a McGill University alumna and holds dual Canadian and American citizenship.

Elaine Riddell stated, "I am thrilled to join Bright Mountain Media's Board of Directors at an important and exciting time. The company's innovative marketing services approach and commitment to excellence align perfectly with my values and experience. I look forward to working with the team to enhance Bright Mountain Media's governance further and drive its continued success."

Matt Drinkwater, CEO of Bright Mountain Media, commented, "We are excited to welcome Elaine Riddell to our Board of Directors. Her extensive experience transforming market research companies and deep understanding of strategic growth make her an invaluable addition to our team. Elaine's insights and leadership will be instrumental as we advance our position in the global marketing services landscape and uphold our commitment to exceptional governance."

Additionally, Bright Mountain Media is excited to announce that Matt Drinkwater, our Chief Executive Officer, has been appointed Interim Chairman of the Board, effective immediately. This appointment comes at a crucial juncture as we undergo significant strategic and financial transformations. Key developments include:

Strategic Acquisitions: We have undertaken acquisitions that strengthen our market position and expand our capabilities.
Debt Restructuring: Our debt restructuring efforts pave the way for clearer profitability.
Governance Enhancements: We have implemented new governance structures to support our evolving business needs better.
Growth and Transformation: We are advancing our growth strategy and business transformation initiatives to ensure long-term success.
Matt Drinkwater's new role as Interim Chairman highlights our commitment to steering this transformative phase with solid leadership and a clear strategic vision.

About Bright Mountain Media, Inc.

Bright Mountain unites a diverse portfolio of companies to deliver a full spectrum of advertising, marketing, technology, and media services under one roof—fused together by data-driven insights. Bright Mountain's brands include Big Village, Deep Focus, Wild Sky Media, and BrightStream. For more information, please visit www.brightmountainmedia.com.

Forward-Looking Statements for Bright Mountain Media, Inc.

This press release contains certain forward-looking statements that are based on current expectations and involve certain risks and uncertainties. Such forward-looking statements can be identified by the use of words such as "should," "may," "intends," "anticipates," "believes," "estimates," "projects," "forecasts," "expects," "plans," and "proposes," and similar words. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including, without limitation, statements made with respect to expectations of our ability to successfully integrate acquisitions, and the realization of any expected benefits from such acquisitions. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" in Bright Mountain’s Annual Report on Form 10-K for the year ended December 31, 2023, and our other filings with the SEC. Bright Mountain does not undertake any duty to update any forward-looking statements except as may be required by law.

Contact / Investor Relations:
Douglas Baker at [email protected]
561 807-6350
https://otcprgroup.com/

1 https://www.otcmarkets.com/filing/html?id=17760658&guid=S6O-kFYK1gJjJth



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08/22/2024

GDC Launches TikTok Account to Share Latest AI-Related News and Trends

NEW YORK, Aug. 21, 2024 (GLOBE NEWSWIRE) -- GD Culture Group Limited (“GDC” or the “Company”) (Nasdaq: GDC), along with its subsidiary, AI Catalysis Corp. (“AI Catalysis”), announced today the launch of its TikTok account, . This account is dedicated to disseminating the most current updates, insights, and trends in the world of artificial intelligence. It serves as both an educational and entertainment hub for those keen on staying informed in the swiftly evolving Artificial Intelligence (“AI”) landscape.

As AI is transforming industries and integrating into daily life, the demand for accessible and engaging content about this technology is at an all-time high and growing further. Recognizing and enthusiastic about this attractive trend, GDC is leveraging TikTok’s short-form video format to break down and simplify complex AI topics into easily digestible content. The account will feature a mix of explainer videos, trend analyses, news highlights, and even behind-the-scenes looks at the latest AI innovations.

“Our goal is to demystify AI and make this powerful technology more approachable for everyone,” said Mr. Xiaojian Wang, Chairman and Chief Executive Officer of the Company. “By using TikTok, we can reach a broader audience and engage more into meaningful and inspiring conversations about AI, from industry veterans to curious beginners.”

Content on the account will be regularly updated, covering everything from breakthroughs in machine learning to the latest AI applications and tools, along with real-world case studies showcasing AI in action. As the Company persists in innovating and advancing in the AI domain, this new TikTok channel will play a vital role in sharing knowledge and fostering community.
For more information, follow on TikTok or visit the channel directly at https://www.tiktok.com/ .

About GD Culture Group Limited
GD Culture Group Limited (the “Company”) (Nasdaq: GDC), is a Nevada company currently conducting business mainly through its subsidiaries, AI Catalysis Corp. (“AI Catalysis”) and Shanghai Xianzhui Technology Co, Ltd. The company plans to enter into the livestreaming market with focus on e-commerce and livestreaming interactive games through its wholly owned U.S. subsidiary, AI Catalysis, a Nevada corporation incorporated in May 2023. The Company’s main businesses include AI-driven digital human technology, live-streaming e-commerce business and live streaming interactive game. For more information, please visit the Company's website at https://www.gdculturegroup.com/ .
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.


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https://smallcapstockpick.com/gdc-launches-tiktok-account-to-share-latest-ai-related-news-and-trends/

GDC Launches TikTok Account to Share Latest AI-Related News and Trends. This account is dedicated to disseminating the most current updates

08/16/2024

Bright Mountain Media, Inc Announces Second Quarter 2024 Financial Results

Second quarter revenue increased to $13.0 million compared to $12.6 million for the second quarter of 2023 .

Half year revenue increased by $11.3 million to $25.5 million compared to $14.1 million for the same period of 2023 .

Boca Raton, FL, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Bright Mountain Media, Inc. (OTCQB: BMTM) (“Bright Mountain” or the “Company”), a global marketing service platform with capabilities in digital publishing, advertising technology, consumer insights, creative and media services , today announced its financial results for the second quarter and six months ended June 30, 2024.

Matt Drinkwater, CEO of Bright Mountain, expressed enthusiasm about the company's recent credit amendment. “We're pleased with a key amendment we entered into in the second quarter that enhances our financial flexibility by deferring certain payments owed to Centre Lane Partners, our lending partner. This adjustment will help bolster our growth initiatives.

We're also pleased with our ongoing financial performance, marked by the successful integration of Big Village and Deep Focus with our legacy Bright Mountain business, and significant cost-reduction efforts. Our current focus is on unlocking further synergies, launching innovative products and business lines, and advancing our vision of an AI-driven marketing services platform.

An excellent example of these synergies is the organic growth from our ad tech division, driven by the strategic use of data assets from our market research division. This approach opens up new and innovative opportunities to enhance return on advertising spend for our clients. We are optimistic about the potential for future synergies and continued success.”


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Read More: https://brightmountainmedia.com/2024/05/17/bright-mountain-media-inc-announces-first-quarter-2024-financial-results/

Boca Raton, FL, May 14, 2024 (GLOBE NEWSWIRE) — Bright Mountain Media, Inc. (OTCQB: BMTM) (“Bright Mountain” or the “Company”), a global holding company with current investments in digital publishing, advertising technology, consumer insights, and creative media services, today announced i...

08/01/2024

Microsoft and Lumen Technologies partner to power the future of AI and enable digital transformation to benefit hundreds of millions of customers

PR Newswire

Lumen's Private Connectivity Fabric℠ expands Microsoft's network capacity and capability to support rising demand on datacenters.
Microsoft Azure to further accelerate Lumen's enterprise-wide digital transformation and drive AI initiatives across the organization and save tens of millions of dollars.
DENVER and REDMOND, Wash. , July 24, 2024 /PRNewswire/ -- Today, Lumen Technologies (NYSE: LUMN) and Microsoft Corp . (NASDAQ: MSFT) announced a new strategic partnership that will use the Microsoft Cloud to further drive Lumen's digital transformation. In addition, Microsoft has chosen Lumen to expand its network capacity and capability to meet the growing demand on its datacenters due to AI.

Microsoft and Lumen Technologies partner to power the future of AI.

A network for the AI era

Datacenters have become critical infrastructure that power the compute capabilities for the millions of people and organizations who rely on and trust the Microsoft Cloud. Microsoft is playing the leading role in ushering in the era of AI, offering tools and platforms like Azure OpenAI Service, Microsoft Copilot and others to help people be more creative, more productive and to help solve some of humanity's biggest challenges. As Microsoft continues to evolve and scale its ecosystem, it is turning to Lumen as a strategic supplier for its network infrastructure needs and is investing with Lumen to support its next generation of applications for Microsoft platform customers worldwide.

Lumen's Private Connectivity Fabric℠ is a custom network that includes dedicated access to existing fiber in the Lumen network, the installation of new fiber on existing and new routes, and the use of Lumen's new digital services. This AI-ready infrastructure will strengthen the connectivity capabilities between Microsoft's datacenters by providing the network capacity, performance, stability and speed that customers need as data demands increase.

"AI is reshaping our daily lives and fundamentally changing how businesses operate," said Erin Chapple , corporate vice president of Azure Core Product and Design, Microsoft. "We are focused both on the impact and opportunity for customers relative to AI today, and a generation ahead when it comes to our network infrastructure. Lumen has the network infrastructure and the digital capabilities needed to help support Azure's mission in creating a reliable and scalable platform that supports the breadth of customer workloads—from general purpose and mission-critical, to cloud-native, high-performance computing, and AI, plus what's on the horizon. Our work with Lumen is emblematic of our investments in our own cloud infrastructure, which delivers for today and for the long term to empower every person and every organization on the planet to achieve more."

"We are preparing for a future where AI is the driving force of innovation and growth, and where a powerful network infrastructure is essential for companies to thrive," said Kate Johnson , president and CEO, Lumen Technologies. "Microsoft has an ambitious vision for AI and this level of innovation requires a network that can make it reality. Lumen's expansive network meets this challenge, with unique routes, unmatched coverage, and a digital platform built to give companies the flexibility, access and security they need to create an AI-enabled world."

Accelerating growth through innovation and partnership

Lumen has launched an enterprise-wide transformation to simplify and optimize its operations. By embracing Microsoft's cloud and AI technology, Lumen can reduce its overall technology costs, remove legacy systems and silos, improve its offerings, and create new solutions for its global customer base. Lumen will migrate and modernize its workloads to Microsoft Azure, use Microsoft Entra solutions to safeguard access and prevent identity attacks and partner with Microsoft to create and deliver new telecom industry-specific solutions. This element alone is expected to improve Lumen's cash flow by more than $20 million over the next 12 months while also improving the company's customer experience.

"Azure's advanced global infrastructure helps customers and partners quickly adapt to changing economic conditions, accelerate technology innovation, and transform their business with AI," said Chapple. "We are committed to partnering with Lumen to help deliver on their transformation goals, reimagine cloud connectivity and AI synergies, drive business growth, and help customers achieve more."

This collaboration expands upon the longstanding relationship between Lumen Technologies and Microsoft. The companies have worked together for several years, with Lumen leveraging Copilot to automate routine tasks and reduce employee workloads and enhance Microsoft Teams .

About Lumen Technologies
Lumen connects the world. We are igniting business growth by connecting people, data, and applications – quickly, securely, and effortlessly. Everything we do at Lumen takes advantage of our network strength. From metro connectivity to long-haul data transport to our edge cloud, security, and managed service capabilities, we meet our customers' needs today and as they build for tomorrow. For news and insights visit news.lumen.com , LinkedIn: /lumentechnologies , Twitter: , Facebook: /lumentechnologies , Instagram: and YouTube: /lumentechnologies .

About Microsoft
Microsoft (Nasdaq "MSFT" ) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more.

SOURCE Lumen Technologies


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https://smallcapnewsalert.com/microsoft-and-lumen-technologies-partner-to-power-the-future-of-ai-and-enable-digital-transformation-to-benefit-hundreds-of-millions-of-customers/

Microsoft and Lumen Technologies partner to power the future of AI and enable digital transformation to benefit hundreds of millions of customers