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TuesdayMay 09, 2023 1:48 pm

AINewsBreaks – Guardforce AI Co. Limited (NASDAQ: GFAI) Closes on $9.2M Public Offering, Full Overallotment Option

Guardforce AI (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, artificial intelligence (“AI”) and Robot-as-a-Service (“RaaS”), has closed on underwritten public offering. The offering consisted of 1,720,430 ordinary shares offered at $4.65 per share. The company also noted that the underwriters exercised the overallotment option in full and purchased an additional 258,064 ordinary shares, resulting in gross proceeds for the company of $9.2 million. EF Hutton, division of Benchmark Investments LLC, acted as the lead book-running manager for the offering with Spartan Capital Securities LLC acting as the offering comanager. To view the full press release, visit…

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ThursdayMay 04, 2023 12:55 pm

AINewsBreaks – IBN Launches New Newswire to Provide Expanded Focus, Coverage of Tech Sector

IBN (InvestorBrandNetwork), a multifaceted financial news and publishing company for private and public entities, is expanding its focus on and coverage of the technology sector with the launch of AINewsWire. IBN hosts a growing portfolio of brands that cover an array of industries and sectors by distributing breaking news, valuable insights and information about the people, events and companies that shape certain sectors and moving markets. According to the company, recent AI offerings, such as ChatGPT and others, are only the beginning of what will be happening in the AI space. IBN believes AI will have a tremendous impact on every aspect…

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FridayApr 28, 2023 1:30 pm

AINewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Secures Additional Funding to Support Growth

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company with a custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning, offering a real-time portal for B2B cross-border and domestic shipping within the USMCA region. The company today announced an increase in its convertible note facility by $3.3 million to $9.9 million in addition to renewing its collateralized lending facility for $5.0 million. Fr8Tech agreed to amend its loan and security agreement with Capital Foundry and extend it to 2025, with the amendment maintaining the revolving line of credit at $5.0 million and including additional types of collateral in…

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ThursdayApr 27, 2023 11:07 am

AINewsBreaks – SideChannel Inc. (SDCH) Reports New Revenue of $2M, Changes in Executive Team to Meet Growing Client Needs

SideChannel (OTCQB: SDCH), a provider of cybersecurity tools and services, announces new revenue of $2 million while also noting that David Chasteen, SideChannel EVP of sales and marketing, has been moved to the company’s product and services team to expand capacity; the company has appointed Trent Bowling to SVP of sales. According to the company, an increasing number of clients is requiring an expanded service delivery team as well as adjustments in the structure of the SideChannel executive team. “I am grateful to our team for their flexibility and commitment to building a great experience for our clients,” said SideChannel CEO…

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WednesdayApr 26, 2023 3:39 pm

AINewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces Site of Upcoming Robot Roadshow, Deploys ASR to Bay-Area Biotech

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, has announced the site of its May 9–11, 2023, Robot Roadshow “landing.” Jena Choctaw Pines Casino, located in Dry Prong, Louisiana, will host the three-day in-person event, designed to be an experiential event to grab attention; forge direct connections with potential clients, investors and the media; and strike up conversations about KSCP’s exciting technologies. The Louisiana stop will be the 80thlanding in 25 states. During the roadshow, Knightscope experts demonstrate available products and services in a climate-controlled, space-age “pod” that allow those participating to…

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WednesdayApr 26, 2023 1:53 pm

AINewsBreaks – Data443 Risk Mitigation Inc. (ATDS) Releases RRM Update with Features Enabling Enhanced Ransomware Attack Recovery

Data443 Risk Mitigation (OTC: ATDS), a data security and privacy software company for “All Things Data Security,” has released an update to its award-winning Ransomware Recovery Manager (“RRM”) product. According to the company, this version includes new advanced features that enable businesses and individuals to recover from ransomware attacks quickly and easily. New features include the following: enhanced compatibility with the most recent hacking and ransomware threats; optimized data restore activities; advanced threat-detection capabilities; faster reaction time; and full support for Microsoft Windows 11 and Microsoft Server 2019 and 2022; native support for the Eset antivirus is also included. Experts…

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MondayApr 24, 2023 12:45 pm

AINewsBreaks – Freight Technologies Inc.’s (NASDAQ: FRGT) Fr8App Named BeatBox’s No. 1 Carrier for Cross Border Shipments

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning, offers a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region. The company today announced that its Fr8App was named BeatBox Beverages’ number one carrier for cross-border shipments. “At Fr8Tech, we are committed to providing our clients with the best possible service and solutions for their shipping needs. Our business relationship with BeatBox Beverages is a testament to the power of our technology and the expertise of our team,” said Javier Selgas, CEO of Fr8Tech.…

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