24/7 Market News Cheat Sheet 7 Sept 2023

DENVER, Colo., Sept 7, 2023 (www.247marketnews.com)- This morning’s 15 minutes after the opening bell snap shot.

News

American Rebel Holdings (AREB:NASDAQ) reported that its safe subsidiary, Champion Safe (www.championsafe.com), has been bombarded with calls from safe dealers and customers looking for alternatives to safes made by Liberty Safe. American Rebel is trading at $1.80, up $0.90 (+100.56%), on 22.42M shares traded.

Asensus Surgical (ASXC:NASDAQ) will collaborate with NVIDIA (NVDA:NASDAQ) to accelerate the development of Asensus’s Intelligent Surgical Unit and improve its ability to deliver novel clinical intelligence to surgeons. Asensus is trading at $0.35, up $0.06 (+21.48%), on 20.85M shares traded.

CymaBay’s (CBAY:NASDAQ) Seladelpar achieves high statistical significance for the primary and key secondary endpoints in the Phase 3 RESPONSE Trial in primary biliary cholangitis (PBC). It’s trading at $15.26, up $1.43 (+10.34%), on 5.27M shares.

Momos

Wheeler Real Estate Investment Trust (WHLR:NASDAQ) has news earlier this week, but is now running at $8.35, up $3.81 (+83.81%), on 10.41M shares.

Hitek (HKIT:NASDAQ) is at $4.50, up $0.90 (+25.00%), on 5.6M shares.

M&A

Lucy Scientific Discovery (NASDAQ:LSDI) is acquiring High Times, which was once set for an IPO, and plans to monetize the IP through current and planned royalty agreements across a myriad of licensing channels, including consumer products, cannabis retail, cannabis wholesale, apparel, merchandise, delta 8 and delta 9, beverages. Lucy Scientific Discovery expects the transaction to close within the next two weeks, adding at least $10 million in revenue and $5 million in EBITDA to its FY 2024 results. LSDI is trading at $0. 7004, up $0.0304 (+4.54%), on 327.95K shares.

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24/7 Market News (24/7MN) is a third-party publisher and online news dissemination service provider that produces regular sponsored and non-sponsored reports, articles, stock market blogs, and newsletters covering equities listed on the NYSE, NASDAQ, and micro-cap exchanges. 24/7MN holds no investment licenses and is NOT a financial advisory firm, investment adviser, analyst, or broker-dealer and does not undertake any activities that would require such registration. 24/7 MN is not affiliated with any company written about in this release and owns no shares of stock. 24/7MN’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. 24/7 will be compensated up to ten thousand dollars for the distribution and ongoing news coverage of Lucy Scientific Discoveries Inc. by Totaligent Inc, an unaffiliated third party. For more information visit https://investlsdi.com/

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