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InvestorNewsBreaks

Wednesday Apr 30, 2025 - 2:23 pm

InvestorNewsBreaks – Monogram Technologies Inc. (NASDAQ: MGRM) Secures Indian Regulatory Approval for Robotic Knee Surgery Clinical Trial  

Monogram Technologies (NASDAQ: MGRM), an AI-driven robotics company transforming orthopedic surgery, has received approval from India’s Central Drugs Standard Control Organization to import its mBôs TKA system and begin a 102-patient, multi-center clinical trial in partnership with Shalby Limited (NSE: SHALBY). The study will evaluate the safety and effectiveness of Monogram’s robotic total knee replacement system using a Consensus CKS implant and include three-month clinical…

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Wednesday Apr 30, 2025 - 12:04 pm

InvestorNewsBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQX: SWISF) (FSE: GDT0) Closes First Tranche of Private Placement to Fund U.S. Marketing Push 

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0), a Swiss-hosted cybersecurity and privacy communications platform, has closed the first tranche of its non-brokered private placement, raising gross proceeds of CA$105,000. The company issued 3 million units at CA$0.035 each, with each unit consisting of one common share and one full warrant exercisable at CA$0.05 for 24 months. No finders' fees were paid. Sekur plans…

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Wednesday Apr 30, 2025 - 9:20 am

InvestorNewsBreaks – Fifty 1 Labs, Inc. (OTC: FITY) and UAV Corp (OTC: UMAV) Appoints New CEO, Launches BioSentry Division for Real-Time Biohazard Detection

Fifty 1 Labs (OTC: FITY), a leader in technology and wellness innovation, has appointed Michael Lawson as CEO and Chairman while launching its new BioSentry Division focused on advanced biohazard detection. The division will develop real-time sensor systems using PCR, spectrometry and AI-driven analytics to detect biological, chemical and environmental threats, with applications spanning defense, public health, and industrial safety. The company also announced a…

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Wednesday Apr 30, 2025 - 9:15 am

InvestorNewsBreaks – Silo Pharma Inc. (NASDAQ: SILO) Reports Positive Preclinical Data for SP-26 Ketamine Implant 

Silo Pharma (NASDAQ: SILO) today announced favorable preclinical results for SP-26, its novel extended-release ketamine implant aimed at treating fibromyalgia. Conducted in minipigs, the study met all endpoints, including safety, tolerability, and pharmacokinetics, with no implant-related adverse events and sustained ketamine release for up to 22 days. CEO Eric Weisblum said the results support SP-26’s advancement as a next-generation, abuse-deterrent pain therapy. Designed for subcutaneous…

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Wednesday Apr 30, 2025 - 9:11 am

InvestorNewsBreaks – Nutriband Inc. (NASDAQ: NTRB) CEO Issues Shareholder Letter Highlighting 2024 Milestones and 2025 Commercialization Goals

Nutriband (NASDAQ: NTRB) has released a shareholder letter from CEO Gareth Sheridan outlining key achievements in 2024 and plans for 2025, centered on advancing its AVERSA™ abuse-deterrent transdermal technology. The company is transitioning from feasibility to commercial development of AVERSA Fentanyl in partnership with Kindeva Drug Delivery, targeting a pivotal Human Abuse Liability clinical trial and NDA filing. AVERSA Fentanyl and AVERSA Buprenorphine could reach…

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Wednesday Apr 30, 2025 - 9:10 am

InvestorNewsBreaks – Datavault AI Inc. (NASDAQ: DVLT) Moves to Finalize CompuSystems Deal, Sets May 20 Investor Call 

Datavault AI (NASDAQ: DVLT), a leader in AI data experience, valuation and monetization, has secured the majority stockholder consent required to finalize its acquisition of CompuSystems Inc. ("CSI") and mailed an Information Statement on April 29, 2025, under Section 14(c) of the Securities Exchange Act. No stockholder vote is required, and the transaction is expected to close on or about the week of May 19.…

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Wednesday Apr 30, 2025 - 9:10 am

InvestorNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) CEO Spotlights Waterberg Project on MiningNewsWire Podcast

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) is featured in the latest episode of The MiningNewsWire Podcast, where Co-Founder, Director, President and CEO Frank R. Hallam discusses the company’s flagship Waterberg Project in South Africa. Hallam highlights how the deposit—discovered in 2011—stands apart with its shallow depth and exceptional thickness, enabling safer, more cost-efficient, and highly mechanized mining. Unlike traditional South African platinum operations…

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Wednesday Apr 30, 2025 - 9:00 am

InvestorNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Launches Next Phase of Drilling at Iska Iska Silver-Tin Project

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), advancing its Iska Iska silver-tin polymetallic project in southwestern Bolivia, will soon begin a 4,300-meter, eight-hole diamond drilling program targeting the Santa Barbara starter pit area. The campaign is designed to upgrade and expand high-grade tin and silver mineralization, with holes spaced at 50 meters to confirm continuity. CEO Tom Larsen said prior drilling extended mineralization and…

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Tuesday Apr 29, 2025 - 1:45 pm

InvestorNewsBreaks – Better Choice Company, Inc. (NYSE American: BTTR) Completes Merger with SRx Health, Will Rebrand as SRx Health Solutions Inc.

Better Choice Company (NYSE American: BTTR) announced the closing of its business combination with SRx Health Solutions, Inc., along with an $8.8 million private placement involving 4,036,697 shares of common stock and pre-funded warrants priced at $2.18 per share. As part of the merger, Better Choice will issue 28.6 million shares and rebrand as “SRx Health Solutions Inc.” with a new ticker symbol, “SRXH,” effective…

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Tuesday Apr 29, 2025 - 12:20 pm

InvestorNewsBreaks – Soligenix Inc. (NASDAQ: SNGX) Moves Forward to Strengthen the Case for HyBryte(TM)

Soligenix (NASDAQ: SNGX), a late-stage biopharmaceutical company, is advancing its phase 3 replication study (“FLASH2”) for HyBryte(TM), a novel photodynamic therapy designed to treat early-stage cutaneous T-cell lymphoma (“CTCL”). Building on the success of a prior phase 3 trial, HyBryte(TM)—which uses synthetic hypericin activated by safe visible light—offers a potentially game-changing approach by providing a noninvasive, well-tolerated alternative that targets malignant T-cells with precision. With…

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Tuesday Apr 29, 2025 - 11:14 am

InvestorNewsBreaks – Adageis Is Reshaping Patient Care Through Smart Tech

Adageis is revolutionizing healthcare with its flexible, AI-centric software solutions and ProActive Care Platform, built to eliminate administrative burdens and enable providers to focus on patients. With simplicity core to its design, the platform empowers healthcare organizations by identifying missed revenue opportunities from insurers and guiding providers to secure rightful payments. Using predictive analytics through its Patented Risk Engine (“PRE”), Adageis enhances steady cash flow…

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Tuesday Apr 29, 2025 - 10:02 am

InvestorNewsBreaks – Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) Presents Positive Preclinical Data for TNX-1700 at AACR 2025 

Tonix Pharmaceuticals (NASDAQ: TNXP) presented positive data supporting TNX-1700, its lead immuno-oncology candidate, at the American Association for Cancer Research (AACR) 2025 Annual Meeting. Preclinical results showed that a fusion protein version of TFF2 significantly reduced immunosuppressive neutrophils and enhanced anti-tumor immune responses in gastric cancer models, especially when combined with anti-PD1 therapy. Tonix is advancing TNX-1700 under a license from Columbia University as part…

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Tuesday Apr 29, 2025 - 9:40 am

InvestorNewsBreaks – HeartBeam Inc. (NASDAQ: BEAT) Reports Positive VALID-ECG Study Results Supporting 12-Lead ECG Technology

HeartBeam (NASDAQ: BEAT) announced that its synthesized 12-lead ECG technology met clinical endpoints in the VALID-ECG pivotal study, achieving a 93.4% diagnostic agreement with standard 12-lead ECGs for arrhythmia assessment. Results were presented by Dr. Thomas Deering of Piedmont Heart Institute during the Heart Rhythm Society’s annual conference. HeartBeam’s 3D ECG technology, designed to fit into a credit card-sized device, aims to bring hospital-grade cardiac…

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Tuesday Apr 29, 2025 - 9:30 am

InvestorNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) Appoints Hui Liu as Director of Biostatistics

Annovis Bio (NYSE: ANVS), announced the appointment of Hui Liu as Director of Biostatistics as the company advances its pivotal Phase 3 Alzheimer’s disease trial. Liu brings over 19 years of experience in clinical trial design, analysis and regulatory submission support across multiple therapeutic areas. Annovis stated that Liu’s expertise will help reinforce the scientific integrity of its data and enhance regulatory strategies as it…

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Tuesday Apr 29, 2025 - 9:20 am

InvestorNewsBreaks – Brera Holdings PLC (NASDAQ: BREA) Expands International Reach with Juve Stabia Matches on Destination Calcio TV 

Brera Holdings (NASDAQ: BREA) announced that its Italian Serie B squad, S.S. Juve Stabia, will have its next two fixtures streamed live and free in the United States, Canada and United Kingdom via Destination Calcio TV. The matches—against Catanzaro on May 1 and Brescia on May 4—will feature full English commentary and be accessible through the Destination Calcio app and website. Brera Holdings emphasized that…

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Tuesday Apr 29, 2025 - 9:20 am

InvestorNewsBreaks – G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) Announces Feasibility Study Results for Oko West Gold Project

G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) announced results of its feasibility study ("FS") for the wholly owned Oko West Gold Project in Region 7, Guyana, confirming robust economics for a large-scale open-pit and underground mining operation. The study outlines total production of 4.3 million gold ounces over 12.3 years, with an average annual production of 350,000 ounces at an all-in sustaining cost ("AISC")…

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Tuesday Apr 29, 2025 - 9:15 am

InvestorNewsBreaks – SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Announces 7.2 MW Community Solar Project in Upstate New York 

Disseminated on behalf of SolarBank Corporation  SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) announced plans to develop the Glor Rd project, a 7.2 MW DC ground-mount solar installation in upstate New York. With a secured site lease and an interconnection study underway, the project will operate under New York's VDER rate mechanism and is expected to qualify for NYSERDA NY-Sun Program incentives. Once completed,…

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Tuesday Apr 29, 2025 - 9:10 am

InvestorNewsBreaks – NanoViricides (NYSE American: NNVC) Advances Measles Drug Development with Broad-Spectrum Antiviral NV-387 

NanoViricides, Inc. (NYSE American: NNVC) provided an update on its Measles drug development program, highlighting the potential of its broad-spectrum antiviral candidate NV-387. With declining vaccination rates raising the risk of measles becoming endemic in the United States, the company emphasized the need for an effective antiviral treatment. NV-387, which has shown success against related viruses like RSV in animal models, is being prepared for…

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Tuesday Apr 29, 2025 - 9:10 am

InvestorNewsBreaks – NextPlat Corp (NASDAQ: NXPL) Receives Nasdaq Notice for Minimum Bid Price Noncompliance

NextPlat (NASDAQ: NXPL, NXPLW) announced it has received a written notice from Nasdaq Stock Market LLC stating that the company is not in compliance with Nasdaq Listing Rule 5550(a)(2), as its closing bid price has remained below $1.00 per share for 30 consecutive business days. NextPlat has been granted a 180-calendar day period, until Oct. 27, 2025, to regain compliance by maintaining a minimum $1.00…

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Tuesday Apr 29, 2025 - 9:00 am

InvestorNewsBreaks – Newton Golf Company Inc. (NASDAQ: NWTG) Launches Newton Fast Motion Shaft for Enhanced Swing Speed and Control

Newton Golf Company (NASDAQ: NWTG) announced the launch of its newest shaft family, Newton Fast Motion, now available for purchase at a suggested retail price of $325. The lighter, Tour-proven shaft is engineered to deliver exceptional precision and enhanced swing speed, building on the company's four core technologies: Elongated Bend Profile, Kinetic Energy Storage, Symmetry 360 Construction and Variable Bend Profile. The Fast Motion series,…

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Monday Apr 28, 2025 - 1:25 pm

InvestorNewsBreaks – AirJoule Technologies Corporation (NASDAQ: AIRJ) Secures $15 Million Private Placement Led by GE Vernova

AirJoule Technologies (NASDAQ: AIRJ) announced it has entered into subscription agreements for a $15 million private placement anchored by GE Vernova and other investors to accelerate commercialization of its AirJoule® system, which extracts pure water from air using low-grade waste heat. The net proceeds will fund pilot deployments of the AirJoule® A1000™ units in 2025. AirJoule and GE Vernova also launched a strategic project to…

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Monday Apr 28, 2025 - 12:11 pm

InvestorNewsBreaks – Brazil Potash Corp. (NYSE-American: GRO) Appoints Marcelo Lessa to Advisory Board 

Brazil Potash (NYSE-American: GRO) announced the appointment of Marcelo Lessa to its advisory board. Lessa, who brings over 30 years of agriculture finance and investment expertise including 16 years at the IFC/World Bank, will support Brazil Potash’s construction financing strategy for its Autazes Project. His extensive experience in securing funding for major agricultural and infrastructure projects is expected to play a key role as the…

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Monday Apr 28, 2025 - 10:15 am

InvestorNewsBreaks – BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXZ) (TSX: BCT) Prices $13.8 Million Public Offering

BriaCell Therapeutics (Nasdaq: BCTX, BCTXZ) (TSX: BCT) announced the pricing of an underwritten public offering of 3,066,666 units at $4.50 per unit for gross proceeds of approximately $13.8 million. Each unit includes one common share or pre-funded warrant and one warrant exercisable at $5.25 per share. The offering, led by ThinkEquity, is expected to close on April 28, 2025, subject to customary conditions. BriaCell plans…

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Monday Apr 28, 2025 - 9:41 am

InvestorNewsBreaks – Datavault AI Inc. (NASDAQ: DVLT) Showcases ADIO® Technology at NFL Alumni Health Draft Week Event 

Datavault AI (NASDAQ: DVLT) highlighted its ADIO® tone technology at NFL Alumni Health’s 16th Annual Draft Week event on April 24, 2025, delivering interactive tones synced with top draft picks and geo-targeted health messages across the venue. The platform enabled real-time fan engagement without screens or manual input and supported cardiovascular health awareness for former athletes. Datavault AI’s deployment demonstrated how AI-powered tone technology can…

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Monday Apr 28, 2025 - 9:27 am

InvestorNewsBreaks – Calidi Biotherapeutics Inc. (NYSE American: CLDI) Advances RTNova Platform with IL15 Superagonist Payload 

Calidi Biotherapeutics (NYSE American: CLDI) announced the selection of IL15 superagonist (IL15-IL15Ra) as the first therapeutic payload for its systemic antitumor virotherapy platform, RTNova. Preclinical data presented at the AACR Annual Meeting show that Calidi's engineered vaccinia virus can deliver IL15 superagonist directly into the tumor microenvironment, significantly boosting immune response and tumor elimination while minimizing systemic toxicity. The RTNova platform aims to treat metastatic…

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Monday Apr 28, 2025 - 9:10 am

InvestorkNewsBreaks – Kairos Pharma Ltd. (NYSE American: KAPA) to Present KROS 101 Data at 2025 ASCO Annual Meeting

Kairos Pharma (NYSE American: KAPA), announced it will present new data on KROS 101, a small molecule GITR ligand agonist, at the 2025 American Society of Clinical Oncology (ASCO) Annual Meeting. The poster, titled “Effect of KROS 101, a small molecule GITR ligand agonist, on T effector cells, T reg cells and intratumoral CD8 T cell cytotoxicity,” will be presented June 2 at McCormick Place in…

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Monday Apr 28, 2025 - 9:01 am

InvestorNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Secures Debentureholder Approval for Debt Settlement and Extension 

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) announced that holders of its 12.0% convertible debentures have approved amendments including the extension of the maturity date from April 30, 2025, to July 31, 2025, and settlement of $899,940 in accrued interest through the issuance of 27,270,910 common shares at $0.033 per share. Debentureholders will also receive an $85,000 extension fee in shares. Separately, the company plans to…

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Monday Apr 28, 2025 - 9:00 am

InvestorNewsBreaks – Silo Pharma Inc. (NASDAQ: SILO) Files Patent Application for Alzheimer’s Drug SPC-14

Silo Pharma (NASDAQ: SILO) announced the filing of a patent application with the U.S. Patent and Trademark Office for SPC-14, a novel intranasal compound exclusively licensed from Columbia University targeting cognitive and neuropsychiatric symptoms in Alzheimer’s disease. The patent covers SPC-14’s mechanism of action focused on glutamate receptor NDMAR and serotonin 5-HT4, with preclinical studies demonstrating potential improvements in cognitive memory function. The filing supports…

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Friday Apr 25, 2025 - 3:49 pm

InvestorNewsBreaks – Why Nutriband Inc. (NASDAQ: NTRB) Is ‘One to Watch’ 

Nutriband (NASDAQ: NTRB), a company focused on the development of a portfolio of transdermal pharmaceutical products, was featured in a recent article that discussed its innovative AVERSA(TM) abuse-deterrent technology and business model. “AVERSA technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse, such as fentanyl, while making sure that these drugs remain accessible to patients who need them. The…

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Friday Apr 25, 2025 - 1:47 pm

InvestorNewsBreaks – Platinum Group Metals Ltd.’s (NYSE American: PLG) (TSX: PTM) Waterberg Project Poised to Fuel Modern Tech with Critical PGMs

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) is strategically positioning itself to become a key player in the expanding platinum group metals (“PGMs”) sector, driven by the essential role of PGMs in next-gen technology and industrial applications. PGMs serve critical functions in catalytic converters, fuel cells, catalysts in various industrial processes, electronics and the medical sector. These metals are also expected to play an…

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Friday Apr 25, 2025 - 1:31 pm

InvestorNewsBreaks – Newton Golf Company (NASDAQ: NWTG) Gains Momentum on Champions Tour with Golf.com Spotlight 

Newton Golf Company Inc. (NASDAQ: NWTG), a technology-forward golf equipment manufacturer committed to enhancing player performance through innovative design, has seen its Newton Motion shafts rapidly gain popularity on the Champions Tour, recently earning a feature on Golf.com for their innovative performance benefits tailored to senior players. The shafts utilize a unique variable stiffness profile—more flexible in the midsection and stiffer at the tip and…

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Friday Apr 25, 2025 - 10:30 am

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Report First Quarter Fiscal Year 2025 Financial Results on May 8

D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in the development and delivery of quantum computing systems, software, and services, will release its first-quarter fiscal 2025 results before market open on Thursday, May 8, 2025. D-Wave will host a conference call featuring CEO Dr. Alan Baratz and CFO John Markovich at 8:00 a.m. ET that day to discuss financial results and business outlook. The earnings press release…

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Friday Apr 25, 2025 - 9:41 am

InvestorNewsBreaks – Calidi Biotherapeutics Inc. (NYSE American: CLDI) Grants Inducement Stock Option to New CEO Eric Poma 

Calidi Biotherapeutics (NYSE American: CLDI) a clinical-stage biotechnology company advancing targeted antitumor virotherapies, announced the approval of an inducement non-qualified stock option grant to new Chief Executive Officer Eric Poma, Ph.D. The grant includes the option to purchase 726,412 shares at an exercise price of $0.469, the closing price of Calidi’s common stock on April 22, 2025. The options will vest over four years, with…

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Friday Apr 25, 2025 - 9:30 am

InvestorNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Reports 12% Increase in Year-End 2024 Natural Gas Reserves

Trillion Energy (CSE: TCF) (OTCQB: TRLEF), a natural gas and oil producer, announced highlights from its December 31, 2024, year-end reserve report, showing a 12% increase in total proved plus probable conventional natural gas reserves to 62.3 Bcf. The net present value discounted at 10% (NPV10%) of total proved plus probable reserves reached USD $363.6 million, equating to USD $2.98 per common share. Meanwhile, the…

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Friday Apr 25, 2025 - 9:00 am

InvestorNewsBreaks – Soligenix Inc. (NASDAQ: SNGX) Featured in Benzinga Video Highlighting 75% HyBryte™ Response Rate in FDA-Backed Skin Cancer Trial

Soligenix (NASDAQ: SNGX), a late-stage biopharmaceutical company focused on rare diseases, is featured in a new Benzinga video detailing clinical progress for its lead candidate HyBryte™, which achieved a 75% response rate in a trial for cutaneous T-cell lymphoma (CTCL), a rare form of skin cancer. The trial is supported by funding from a U.S. Food and Drug Administration’s Orphan Products Development Grant and showcases…

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Thursday Apr 24, 2025 - 3:08 pm

InvestorNewsBreaks – Massimo Group (NASDAQ: MAMO) Aligns Strategy to Drive Long-Term Growth

Massimo Group (NASDAQ: MAMO), a manufacturer of powersports vehicles, is reinforcing its market position through strategic retail partnerships and a commitment to quality and innovation. By participating in key industry events like the Rural King Vendor Summit, the Tractor Supply Company and PetSense Annual Supplier Meeting and the Partner Trade Show, Massimo deepens ties with major retailers, gaining insights into customer needs and market trends.…

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Thursday Apr 24, 2025 - 2:27 pm

InvestorNewsBreaks – Thumzup Media Corp. (NASDAQ: TZUP) Unveils GibberAds(TM): AI-Powered Platform Redefines Personalized Marketing

Thumzup (NASDAQ: TZUP) is shaking up the multibillion-dollar marketing industry with the launch of its patent-pending Lifestyle AI Agent Marketplace. The company's new AI application, Gibberlink Advertising(TM)—GibberAds(TM)—empowers users with AI agents with expertise in areas like fashion and dining, enabling curated experiences, ranging from a first date to a personal spa getaway, based on preferences and budget. According to the company, the platform is “designed…

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Thursday Apr 24, 2025 - 2:06 pm

InvestorNewsBreaks – InnerScope Hearing Technologies (INND) Expands Footprint with Launch of OTCHealthMart.com 

InnerScope (OTC: INND) today announced the official grand opening of OTCHealthMart.com, a cutting-edge online platform designed to make healthcare products accessible and affordable for everyone. The new platform offers a comprehensive range of over-the-counter (“OTC”) health and wellness products, including premium and affordable OTC hearing aids powered by HearingAssist and iHEAR brand labels, a specialty line of vitamins and health supplements specifically designed for the…

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Thursday Apr 24, 2025 - 1:25 pm

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Advances U.S. Quantum Infrastructure with Davidson Installation Milestone 

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) announced the completion of physical assembly for its Advantage2TM annealing quantum system at Davidson Technologies’ headquarters in Huntsville, Alabama. The system, the first of its kind hosted on-premises in the state, is entering final calibration and testing ahead of operational deployment. Developed in partnership with Davidson, the companies believe that the installation marks a pivotal step in advancing secure…

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Thursday Apr 24, 2025 - 12:15 pm

InvestorNewsBreaks – Software Effective Solutions Corp. (d/b/a MedCana) (OTC: SFWJ) Cancels and Swaps Over 88M Shares to Reduce Outstanding Share Count

Software Effective Solutions (d/b/a MedCana) (OTC: SFWJ) doing business as MedCana, announced the cancellation of 16,193,760 shares and the swap of 72,750,081 common shares for preferred stock, resulting in a total reduction of 88,943,841 shares from its outstanding share count. The preferred shares will be convertible back to common stock 12 months from issuance. The move is part of a broader effort to streamline the…

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