NEWEGG.COM merger hypeThere does not appear to be any direct news from the company. But it seems like that there was some coordination by day traders on social media-Twitter and Twitter hashtags.
TWITTER:
$LLIT $15-17 then $20+ into NEWEGG.COM merger on bitcoin
$LLIT swing is alive. Proxies have been filed. http://NEWEGG.com!!! Easy $20 into merger, if not more, IMO.
$LLIT Merger Docs out today on NewEgg 1B+ Merger. Very low float, be smart. $20-30
$LLIT will become a bitcoin play as they merge with newegg.
$LLIT Great dip. After the proxy filing this should really start heating up next week. $20+ low end price target for the merger.
18% of the float is short. This could squeeze
Stockstowatch
$LGHL to set up US$800 million blockchain fundLion Signs Strategic Cooperation Agreement
Today announced it entered into a binding strategic cooperation framework agreement with Mr. Yao Yongjie, a leader in the global blockchain industry and the chairman of the board of directors of a public listed company on the Hong Kong Stock Exchange, Grandshores Technology Group Limited.
According to the agreement, the Company and Mr. Yao will each use their respective capital, platform and resources to jointly set up a fund of not more than US$800 million to jointly promote the development and the industry environment of blockchain technology, and actively promote the product innovation in the digital currency field, allowing clients to participate in the digital currency market more conveniently. The fund will invest, without limitation, in mine construction, mining and its upstream and downstream industries of digital currencies such as Bitcoin and Ethereum.
finance.yahoo.com
FLYY Golden Cross AlertWatch for the break out on the RSI. #Goldencross is very bullish and volume comes in fast and price can go parabolic. This ones been consolidating slowly and is due for its continuous uptrend. #roundingbottom
$LKCO $5.0 Million Registered Direct PlacementLuokung Announces Partnership Between EMG and Leading Electric Vehicle Manufacturer BAIC BJEV to Jointly Develop Mapping Services for Autonomous Driving
EMG recently worked with BAIC BJEV to provide HD map services in autonomous valet parking ("AVP") for BAIC New Energy vehicles. The two parties will cooperate in depth on L3 (conditional driving automation) to L4 (high driving automation) autonomous driving related projects.
finance.yahoo.com
Luokung Technology Corp. Announces $5.0 Million Registered Direct Placement
today announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct offering of $5.0 million of ordinary shares at a price of $0.52 per share. The Company will issue a total of 9,615,387 ordinary shares 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 4,807,694 ordinary shares at an exercise price of $0.68 per share, which Warrants will have a term of three years from the date of issuance.
finance.yahoo.com
$DCSX #OTCBuy the breakout of this channel! Nice gains to be made.
#OTC #OCTMARKETS #PENNYSTOCK #BUYTHEBREAKOUT
$SOS Blockchain PlaySOS Limited (NYSE:SOS) stock is up more than 70% from yesterday with 2 specific catalyst :
1. SOS stock was up in trading on Tuesday, Feb. 9 after receiving 5,000 cryptocurrency mining computers ahead of the scheduled delivery date. This is part of the company’s wider plans in blockchain and cryptocurrency, part of which includes capturing “the rising cryptocurrency price.
2. The company also announced on Tuesday the exercise of nearly 24 million American Depository Shares (ADSs) for gross proceeds of approximately $48 million. The company said proceeds from that offering would go to developing the cryptocurrency segment of the business, plus working capital and general corporate use.
These SOS-specific catalysts come against a background of increased investing interest in cryptocurrencies, both from large-scale institutional players and from individual retail investors.
investorplace.com
Thermal Kinetic is Awarded Al-Corn Clean Fuels Sanitizer ProjectThermal Kinetics is Awarded Al-Corn Clean Fuels Sanitizer-Grade Ethanol Project
$RCMT today provided an update on its recently obtained projects to assist its clients in producing higher grades of ethanol for use in beverage and hygienic applications such as sanitizer-grade ethanol. The recent projects include both USP Grade (US Pharmacopeia) and GNS Grade (Grain Neutral Spirits).
As industry scrambles to retool and pivot to assist in the fight against Covid-19, demand for sanitizers has surged dramatically, and the area is expected to see continued growth.
Thermal Kinetics, a division of RCM Technologies (USA), Inc., has been contracted by Al-Corn Clean Fuels to expand its existing Fuel Ethanol facility to produce 20,000,000 gallons per year of USP Grade Ethanol to meet the growing need for the sanitizer market.
Thermal Kinetics is executing additional projects related to the growing demand for sanitizer-grade ethanol. Thermal Kinetics has been contracted by several other customers during the second and third quarters of 2020 to provide detailed design engineering to expand the production of sanitizer-grade ethanol to their existing client bases in the North American market.
The demand for higher grade ethanol has outgrown product availability due to the current Covid-19 pandemic
finance.yahoo.com
$OLB Announces Plan to Offer Cryptocurrency Payment OptionsOLB Group Announces Plan to Offer Cryptocurrency Payment Options via Blockchain Technology on its OMNICOMMERCE Platform and SecurePay TM Gateway
OLB’s SecurePay TM Payment Gateway to Enable Merchants to Seamlessly Offer Cryptocurrency Payments
$OLB upgraded its SecurePay payment gateway system to support Cryptocurrencies including Bitcoin, Ethereum, USDC and DAI across all merchant platforms.
SercurePay is compatible with mobile, tablet-based and cloud infrastructure and will be integrated into the merchants current payment ecosystem, in order to enable the acceptance of Cryptocurrency payments.
finance.yahoo.com
$FLYY Rounding bottomJust look at that volume the past few days.....Going to break out. Patience!
#cse #volume #roundingbottom #uptrending
$GSAT Globalstar’s Band n53 in Qualcomm’s X65 ModemGlobalstar’s Band n53 in Qualcomm’s X65 Modem
Qualcomm to Include Band N53 in New 5G Flagship Modem
The X65 is Qualcomm's flagship 5G modem and adds global 5G band support for n53.
The X65 also offers greater 5G deployment flexibility with increased spectrum aggregation options.
finance.yahoo.com
$AUVI Announces Acquisition of the Airocide Technology PlatformApplied UV Announces Acquisition of the Airocide(R) Technology Platform for Airborne Pathogen Reduction
Developed with NASA as a patented pathogen killing technology
Proprietary photocatalytic oxidation process thoroughly destroys viruses, bacteria, spores, and fungi as well as other carbon-based molecules
Airocide® air disinfection technology compliments and expands the SteriLumen platform, together providing a more comprehensive solution for air and surface
Accelerates the strategy to grow revenues through complimentary acquisitions
Enhances scale in the fast-growing disinfection device market
Akida's revenue for the full calendar year 2020 is estimated to be $4.7 million with EBITDA of approximately $921,000.
Airocide technology is widely accepted and currently used by nationally recognized brands such as Hard Rock Café, the US Army, Stag's Leap vineyards and many more.
finance.yahoo.com
Pricing of $13.6 million Registered Direct Offering Priced ATMSino-Global Shipping America Announces Pricing of Approximately $13.6 million Registered Direct Offering Priced At-The-Market
announced today that it has entered into a securities purchase agreement with certain accredited investors to purchase approximately $13.6 million worth of its common stock in a registered direct offering and warrants to purchase common stock in a concurrent private placement priced at-the-market under Nasdaq rules.
Under the terms of the securities purchase agreement, the Company has agreed to sell approximately 1,998,500 shares of the Company's common stock.
In a concurrent private placement, the Company has agreed to issue unregistered warrants to purchase up to approximately 1,998,500 shares of the Company's common stock. The warrants will be exercisable immediately upon the date of issuance and have an exercise price of $6.805. The warrants will expire 5.5 years from the date of issuance. The purchase price for one share of common stock and a corresponding warrant will be $6.805.
finance.yahoo.com
Reversal SetupWith earnings out of the way and the economic recovery underway, this laggard may have room to improve. Also showing rate of change divergence.
Reward/Risk: 3/1
Entry: 90.00 or at a lower price
Stop: 84.00
Target: 108.00
Buy setupContinuation Trade
Reward/Risk: 2/1
Entry: 141.43 or at a lower price
Stop: 127.00
Target: 170.00
$JG Partners with Kuaishou to Improve Monetization EfficiencyAurora Mobile $JG Partners with Kuaishou to Improve Monetization Efficiency
$JG today announced that it has entered into a partnership agreement with Kuaishou Technology (01024.HK) (“Kuaishou”), China’s leading short video content community and social platform, to improve advertising monetization efficiency.
By leveraging its powerful artificial intelligence (“AI”) and advanced analysis technologies, Aurora Mobile's advertisement SaaS services will enable Kuaishou to help brands and performance-based advertisers to accurately target potential customers, enhance advertising conversion rate, reduce operational costs, and promote a mutually beneficial relationship between Kuaishou and advertisers on its platform.
The short-form video market continues to experience huge growth. Short-form video advertising that features high traffic and conversion rates has become a preferred marketing approach for many brands and performance-based advertisers.
According to the cooperation agreement, Aurora Mobile will benefit from a revenue share agreement based on advertising revenues allocated to Kuaishou if the labels provided by Aurora Mobile are used by advertisers on the platform.
finance.yahoo.com
$MGNI Surges on Its $1.17 Billion Deal for SpotX$MGNI Magnite to Acquire SpotX
Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, today announced that it has entered into a definitive agreement to acquire SpotX from RTL Group for $1.17 billion in cash and stock. SpotX is one of the leading platforms shaping CTV and video advertising globally.
Deal Creates Largest Independent CTV & Video Advertising Platform
Full year 2020 combined company estimated non-GAAP net revenue would have been $350 million on a pro forma basis(1)(2)
Combined company Connected TV (CTV) & video net revenue would have represented approximately 67% of total company preliminary non-GAAP pro forma net revenue(1)(2) in Q4 2020
On a combined basis, the CTV business would have nearly tripled to $42 million in Q4 2020 versus Magnite standalone, or approximately 34% of Q4 2020 preliminary non-GAAP pro forma net revenue(1)(2)
The non-CTV video business of the combined company would have represented approximately 33% of Q4 2020 preliminary non-GAAP pro forma net revenue(1)(2)
SpotX total preliminary non-GAAP net revenue(1)(2) for 2020 was $116 million, of which $67 million was CTV
Purchase price consists of $560 million in cash and 14 million shares of Magnite stock, for a total of $1.17 billion based on the closing price of Magnite stock as of February 4, 2021
Magnite’s preliminary results for Q4 2020 include
GAAP Revenue of $82 million, up 69% on an as-reported basis, and up 20% on a pro forma basis from Q4 2019, with CTV revenue of $15.3 million, up 53% on a pro forma basis(1)
Net income of $5.8 million and Adjusted EBITDA(3) of $29.9 million, representing a 36% adjusted EBITDA margin(4)
Together, Magnite and SpotX will serve some of the world’s leading programmers, broadcasters, platforms and device manufacturers, including A+E Networks, Crackle Plus, The CW Network, Discovery, Disney/Hulu, Electronic Arts, Fox Corporation, fuboTV, Microsoft, Newsy, Philo TV, Pluto TV, Roku, Samsung, Sling TV, Tubi, ViacomCBS, Vizio, Vudu, WarnerMedia and Xumo.
finance.yahoo.com
