Chinese Medical Manufacturer Meihua International Prices Downsized US$36 Million Nasdaq IPO
Chinese disposable medical devices manufacturer Meihua International Medical Technologies Co. (Nasdaq: MHUA) announced on Wednesday the pricing of its initial public offering on the Nasdaq Global Market. The company went public on the US-based big board on Wednesday. The offering consists of 3,600,000 common shares, down from the original 5,000,000 shares, at US$10.00 per share […]
US Department of Justice Announces New FBI Virtual Asset Exploitation Unit
This afternoon the U.S. Department of Justice announced the FBI will introduce a new Virtual Asset Exploitation Unit, a specialized team of cryptocurrency experts dedicated to providing analysis, support, and training across the FBI, as well as innovating its cryptocurrency tools to stay ahead of future threats. They also announced they have appointed Eun Young Choi […]
Cannabis Has Contributed $43.5 Billion To Canadian GDP – The Daily Dive
Returning to the Daily Dive today is Emily Paxhia, co-founder and Managing Partner of Poseidon Asset Management. Emily returns to the show today to discuss the expected impact of rate hikes on cannabis equities, the Canadian cannabis market, and the impact the grey market has on legal business. Also discussed is the global movement towards […]
Walmart Exceeds Fiscal Q4 2022 Revenue Estimates With US$152.87 Billion
Walmart Inc. (NYSE: WMT) reported today its financial results for fiscal Q4 and full-year 2022 ended January 31, 2022. The report highlighted a quarterly revenue of US$152.87 billion, marginally up from Q4 2021’s revenue of US$152.08 billion. “We had another strong quarter to finish off a strong year,” said CEO Doug McMillon. “We have momentum […]
Canadian Authorities Blacklist Crypto Wallets Related to ‘Freedom Convoy’ Protests
Canadian authorities have instructed crypto exchanges to discontinue servicing transactions for addresses related to the “illegal” Freedom Convoy protests. On Wednesday, an order from the RCMP began making rounds on social media, with several major Canadian-based crypto exchanges confirming they were given instructions from law enforcement to cease transactions. Since then, 34 crypto wallets have […]
Exro Counters ePropelled’s Patent Infringement Claim With Defamation Suit
Exro Technologies Inc. (TSX: EXRO) announced on Wednesday that it has filed a defamation lawsuit against Massachussets-based tech firm ePropelled. This is the company’s answer to the latter’s patent infringement lawsuit filed in January 2022. “Exro stands with conviction against the false claims made in the defamatory press release issued by ePropelled last month,” said […]
FOMC Minutes Show Fed Paving Way to Aggressively Hike Rates
Federal Reserve officials have finally come to a consensus that inflation across America is too damn high, warranting action as early as March on interest rates and the central bank’s balance sheet. “Participants remarked that recent inflation readings had continued to significantly exceed the Committee’s longer-run goal and elevated inflation was persisting longer than they had anticipated, […]
RooGold Outlines H1 2022 Exploration Plans
RooGold Inc (CSE: ROO) this morning provided its exploration plans for the first half of 2022. The details of the planned program were outlined within an extensive letter to shareholders, wherein the firms new CEO, Carlos Espinosa, recapped the firms successes in 2021, and provided an outline for the company for the coming year. For […]
Avanti Energy Releases Helium Concentration Data On First Two Wells In Montana
The latest drill data is finally in for Avanti Energy’s (TSXV: AVN) helium wells in Montana. The firm this morning announced helium concentration data for two wells recently drilled, Rankin 01-17, and WNG 11-22. Both of the wells are found on Avanti’s Greater Knappen property in Montana. The property consists of 69,000 acres of land, […]
Vejii Holdings To List Planet Based Food’s Products On Online Marketplace
Vejii Holdings (CSE: VEJI) has a new partnership as of this morning. The company has reportedly partnered with that of Planet Based Foods Global (CSE: PBF), whom is a producer of plant-based meat substitutes based in California. Under the newly formed partnership, Vejii is to reportedly highlight a number of Planted Based Foods’ products on […]