Stock Region Penny Picks
Stock Region Penny Picks Watchlist Newsletter - Friday, December 20, 2024.
Stock Region Penny Picks Watchlist Newsletter - Friday, December 20, 2024
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Disclaimer: This newsletter is for educational purposes only and does not constitute financial advice. Always conduct your own research or consult a financial professional before making any investment decisions.
$TAOP - Taoping
Taoping has been granted an extension to meet Nasdaq’s minimum bid price requirement, providing the company with additional time to regain compliance. This update gives shareholders potential optimism as the company works to meet the exchange’s standards.
$AEMD - Aethlon Medical
Aethlon Medical shared a development regarding its Hemopurifier® technology, highlighting the device's ability to capture H5N1 bird flu. This advancement could position AEMD uniquely in combating infectious diseases.
$SPAI - Safe Pro Group
Safe Pro Group delivered its 2024 full-year guidance reporting record-breaking revenues, which soared by over 130% to surpass $2 million. This impressive growth reflects the company’s significant momentum in its sector.
$BNZI - Banzai
Banzai announced the acquisition of Vidello, boosting its trailing twelve-month revenue by 59% to $17.3 million and adding $2.3 million in EBITDA. This strategic move underscores the company’s growth trajectory.
$OCTO - Eightco
Eightco successfully completed a non-dilutive capital raise and a second debt extension. These actions strengthen its financial position while minimizing shareholder dilution.
$AMOD - Alpha Modus
Trading at $5.20, Alpha Modus has taken legal action by filing a patent infringement lawsuit against Wakefern Food Corporation and Shelf Nine LLC. Investors may keep a close eye on developments in this case.
$AQMS - Aqua Metals
Aqua Metals announced significant breakthroughs in its sustainable battery recycling operations, coupled with securing a bridge loan to support strategic goals, which signals confidence in its innovative capabilities.
$EHGO - EHGO Holdings
EHGO, currently oversold at $2.93, announced a major equity financing deal worth up to $20 million. The capital infusion is part of a strategic collaboration with Tencent’s business ecosystem. CS Fund has agreed to purchase shares at $4.80 each in tranches, boosting EHGO’s financial resources for expansion.
$LTRY - Lottery.com
Lottery.com has successfully regained compliance with Nasdaq listing standards, a positive update for the stock’s future within the exchange.
$BNRG - Brenmiller Energy
Brenmiller Energy achieved ISO/IEC 27001 certification, showcasing its commitment to quality in the energy industry. This milestone bolsters its credibility in the market.
$HOVR - Horizon Aircraft
Horizon Aircraft secured a strategic investment of $8.4 million, trading at $0.79. With this backing, HOVR has strengthened its pathway for future advancements.
$ONFO - Onfolio Holdings
Onfolio Holdings declared a quarterly preferred stock cash dividend of $0.75 per share, currently trading at $2.20. This announcement reinforces its dedication to rewarding shareholders.
Disclaimer: This newsletter is for educational purposes only, based on publicly available information at the time of writing. It should not be taken as financial advice. Always verify information independently and consult a licensed financial advisor before making investment decisions.
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