RedChip Companies
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Weekly Newsletter
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Medigus Announces Planned Spin-Off and Merger of its EV Wireless Charging Business
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Medigus Ltd. (Nasdaq: MDGS), signaled it is spinning off its robotic electric vehicle charging platform company, Charging Robotics Ltd., making the company a wholly-owned subsidiary of Fuel Doctor, Inc. (OTC: FDOC), who will then award 80 percent of the issued and outstanding share capital back to Medigus. The plan comes in the form of a signed, non-binding letter of intent for a planned securities exchange agreement with Fuel Doctor, a Delaware corporation traded on the OTC Markets. The securities exchange agreement, if signed, will be subject to customary closing conditions.
For more information, visit www.medigus.com
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Lantern Pharma Reports Q4 and Fiscal Year 2021 Financial Results, Highlighting Key Achievements
Lantern Pharma (Nasdaq: LTRN) shared its Q4 and year-end reports last week, highlighting key achievements, including the growth of RADR®, Lantern's proprietary A.I. and machine learning platform, 1.2 billion to more than 18 billion data points, enhancing its precision, insights, and capabilities for oncology drug discovery. Lantern also received key orphan drug designations, added 12 new patents and revealed it has more than $70 million in cash as of Dec. 31, 2021.
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American Resources Tasks New Equipment to Double Production Expansion at #1 Carnegie Mine
Resources Corporation (Nasdaq: AREC) announced that it has added to its fleet of equipment at its Carnegie #1 mine to double its production of high-quality metallurgical carbon to meet the strong demand of the current and future market.
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Bragg Gaming Group Reports Record Fourth Quarter Results as Revenue Rises 14.4%
Bragg Gaming Group (Nasdaq: BRAG) touted a 14 percent increase in revenue, a 42 percent increase in customers and significant expansion into the gaming markets in the US and Canada as part of its Q4 2021 and full year reports shared last week.
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BTCS Adds Terra to Blockchain Infrastructure Operations
BTCS Inc. (Nasdaq: BTCS) a blockchain technology-focused company, announced the expansion of its blockchain infrastructure operations with Terra, a $31 billion public blockchain platform offering programmable money that allows users to easily trade stablecoins at fast speeds. The addition of a Terra validator node further diversifies BTCS’s revenue-generating blockchain infrastructure operations.
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Upcoming Events |
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OTCQB: EFSH - 1847 Holdings LLC |
4:15pm Eastern |
1847 Holdings LLC, a publicly traded diversified acquisition holding company, was founded by Ellery W. Roberts, a former partner of Parallel Investment Partners, Saunders Karp & Megrue and Principal of Lazard Freres Strategic Realty Investors. |
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NASDAQ: MTEK - Maris-Tech |
11:00am Eastern |
Maris-Tech is a leading B2B provider of intelligent video transmission technology, founded by veterans of the Israel technology sector with extensive electrical engineering and imaging experience. |
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NASDAQ: SPRC - SciSparc |
4:15pm Eastern |
SciSparc Ltd is a specialty clinical-stage pharmaceutical company. It is engaged in developing several immunotherapy products and it owns patents in the immunotherapy field. |
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Archive Events |
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NASDAQ: RNAZ - TransCode Therapeutics |
Meeting Duration 37 minutes |
TransCode Therapeutics is developing therapeutic and diagnostic candidates designed to deliver on the promise of RNA in oncology. |
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NASDAQ: APM - Aptorum Group |
Meeting Duration 43 minutes |
Aptorum Group Limited (NASDAQ: APM) is a pharmaceutical company dedicated to developing and commercializing novel therapeutics to tackle unmet medical needs. |
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Lesson of the Week
Don't forget to assess your tax exposure when investing.
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MidSouth Week in Review
Over the past two months (21 sessions), the S&P has had a 1% gain or loss on exactly half the sessions.
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