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Year: 2020

Kandi Technologies Announces Entry into Agreement for Registered Direct Placement of $60 Million of Common Stock and Warrants

JINHUA, China, Nov. 10, 2020 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company” or “Kandi”) (NASDAQ GS: KNDI), today announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct placement of $60 million of common stock at a price of $6.38 per share. The Company will issue a total of 9,404,392 shares of common stock 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 3,761,756 shares of common stock at an exercise price of $8.18 per share, which Warrants will have a term of 30 months from the date of issuance but are not exercisable for the first six months. The net proceeds from this offering will be used for general working corporate purposes.  The completion...

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BOTS INC. ANNOUNCES GLOBAL COLLABORATION WITH CYBER SECURITY GROUP, LTD.

San Juan, PUERTO RICO, Nov. 10, 2020 (GLOBE NEWSWIRE) — BOTS, Inc. (OTC: BTZI), an emerging innovator of products, technologies, and services for the rapidly growing cyber-security, digital robotics automation and AI for manufacturing industries announced they are partnering with Cyber Security Group to introduce a new Web Application Firewall (WAF) (https://bots.cybsecgroup.com/)This real-time solution provides complete protection against both bots-based (DDoS) and application, API, user, or infrastructure threats.WAF from Bots/CSG is a comprehensive, layered protection stack that proactively prevents bot-based volumetric attacks, as well as threats that target the application layer, such as SQL, XSS, CSRF, session hijacking, data exfiltration and zero-day vulnerabilities.Paul Rosenberg, CEO of Bots Inc. stated: “Even though...

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Evoke Pharma Reports Third Quarter 2020 Financial Results

Gimoti™ commercial launch underwaySOLANA BEACH, Calif., Nov. 10, 2020 (GLOBE NEWSWIRE) — Evoke Pharma, Inc. (NASDAQ: EVOK), a specialty pharmaceutical company focused on treatments for gastrointestinal (GI) diseases, today announced its financial results for the third quarter ended September 30, 2020 and recent corporate developments.“The third quarter was marked by preparation for the commercial launch of GIMOTI, which we successfully implemented in early fourth quarter. The launch of GIMOTI to treat symptoms of acute and recurrent diabetic gastroparesis with our commercial partner EVERSANA marked a pivotal event for the Company,” said David A. Gonyer, R.Ph., President and CEO of Evoke Pharma. “As a nasally delivered product, GIMOTI has distinct differences over oral formulations of metoclopramide. It is the only outpatient non-oral...

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Overstock Announces Annual Cash Dividend for Series A-1 and Series B Preferred Stock

SALT LAKE CITY, Nov. 10, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Overstock.com, Inc. (NASDAQ:OSTK) has declared a regular annual cash dividend for 2020 of $0.16 per share on the company’s Series A-1 and Series B Preferred Stock. The dividend will be payable on December 16, 2020 to shareholders of record as of the close of business on November 30, 2020.“This is the fourth consecutive year in which we have paid a cash dividend to our preferred shareholders,” said Overstock CEO Jonathan Johnson. “This is the largest amount of cash we have ever paid out in a dividend, and it illustrates the value of our preferred shares. The cash dividend underscores our desire to provide real value to shareholders and the strength of our balance sheet.”The ex-dividend date for the Series A-1 and Series B Preferred Stock is expected to be...

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Alpine Income Property Trust Announces Acquisition of Single Tenant Property Net Leased to Dollar General

DAYTONA BEACH, Fla., Nov. 10, 2020 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today it has acquired a single tenant net leased income property located in Kermit, Texas and leased to Dollar General (the “Acquisition”). The lease is guaranteed by the investment grade rated Dollar General parent entity. The property was purchased for approximately $1.9 million, representing a going-in cap rate consistent with the Company’s guidance and past transactions, and has approximately 14.8 years remaining on the initial lease term.Including the new Acquisition, the Company’s portfolio now consists of 46 properties located in 33 markets and 17 states across 18 industries, with a weighted average remaining lease term of 8.5 years. The Company has acquired $101.2 million of single tenant net leased...

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AgEagle Aerial Systems Selected to Participate in the Unmanned Aircraft System Integration Pilot Program (IPP) in State of Kansas

WICHITA, Kan., Nov. 10, 2020 (GLOBE NEWSWIRE) — AgEagle Aerial Systems Inc. (NYSE American: UAVS), an industry leading provider of unmanned aerial vehicles and advanced aerial imagery, data collection and analytics technologies, today announced its selection as an industry partner in the next phase of the U.S. Department of Transportation’s (U.S. DOT) Unmanned Aircraft System Integration Pilot Program (IPP), the BEYOND program.The original IPP was launched through a Presidential Memorandum in October 2017 with nine regional participants. The IPP participants and their industry partners used innovative strategies to craft successful safety cases to operate under the Federal Aviation Administration’s (FAA) existing regulations. On October 30, 2020, the U.S. DOT announced that the three-year IPP successfully concluded on October 25,...

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Caladrius Biosciences to Present at American Heart Association’s Virtual Scientific Sessions 2020

BASKING RIDGE, N.J., Nov. 10, 2020 (GLOBE NEWSWIRE) — Caladrius Biosciences, Inc. (Nasdaq: CLBS) (“Caladrius” or the “Company”), a clinical-stage biopharmaceutical company dedicated to the development of cellular therapies designed to reverse disease, announces its presentation at American Heart Association’s (“AHA”) Scientific Sessions, being held virtually November 13-17, 2020.AHA Virtual Scientific Sessions 2020Note: This session is OnDemand and will be available via AHA Scientific Session’s virtual platform on November 13, 2020 at 9:00 a.m. (CST) until November 17, 2020 at 8:30 p.m. (CST).Evidence from research by others indicates that severe cases of COVID-19 are accompanied by damage to the pulmonary endothelium.1,2 These data indicate SARS-CoV2 is particularly avid for the lung microvascular endothelium, destroying microvascular...

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StrikeForce Technologies Shareholder Update

EDISON, N.J., Nov. 10, 2020 (GLOBE NEWSWIRE) — StrikeForce Technologies, Inc. (OTC PINK: SFOR), is pleased to provide a shareholder update with accomplishments achieved to date, in a most challenging year due to the Covid-19 pandemic.Midway through the 4th qtr., will prove to be a turning point in the Company’s future, the SEC is close to granting initial qualification of the Company’s Reg A Tier II registration statement, secured by Continuation Capital, Inc. as an anchor investor for the Reg A. StrikeForce has also reached agreements with convertible note holders for cash settlements.StrikeForce initially filed the Reg A Tier II in July, and successfully completed two rounds of comments with the SEC and currently FINRA is completing their review process. The Company anticipates initial funding to be received in the coming days....

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ReelTime Submits Formal NASDAQ Listing Application and New Symbol Reservation Request Has Been Approved – NASDAQ Symbol Expected to be Announced This Week

Seattle, WA, Nov. 10, 2020 (GLOBE NEWSWIRE) — via NewMediaWire —  ReelTime VR/ReelTime Media (OTC:RLTR) has formally submitted an application as a Seasoned Company Seeking to Transfer Equity and/or Debt Securities from Another U.S. Exchange to be listed on the NASDAQ Capital Market Exchange. The application has been logged in the NASDAQ Listing Center, all applicable fees have been paid, and a listing analyst has been assigned to ReelTime to assist throughout the process. In addition, the request for a new symbol to be reserved for ReelTime to trade under once the Company has met all quantitative and qualitative criteria, including certain corporate governance requirements has been approved.The Company expects to announce the new symbol this week.ReelTime will continue to submit additional information and documentation as...

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Equillium to Present at Investor Conferences in November 2020

LA JOLLA, Calif., Nov. 10, 2020 (GLOBE NEWSWIRE) — Equillium, Inc. (Nasdaq: EQ), a clinical-stage biotechnology company developing itolizumab to treat severe autoimmune and inflammatory disorders, today announced that Bruce Steel, Equillium’s chief executive officer and Krishna Polu, M.D., Equillium’s chief medical officer, will present at two upcoming investor conferences in November 2020.Live webcasts of both presentations will be available under the “Investors” section of the Company’s website at https://ir.equilliumbio.com/. Replays will be available for 30 days following each webcast.About ItolizumabItolizumab is a clinical-stage, first-in-class monoclonal antibody that selectively targets the CD6-ALCAM pathway. This pathway plays a central role in modulating the activity and trafficking of T cells that drive a number of immuno-inflammatory...

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