Its Cold and these Stocks are Hot: SES, KOPN, VNCE, VIGL, NITO, and SPCB
DENVER, Colo., Jan 23, 2025 (247marketnews.com)- These are some of the hottest trades this morning.
SES AI (NYSE: SES) achieved a significant milestone in the commercial application of AI for battery material discovery, securing contracts worth up to $10 million.
Kopin (NASDAQ: KOPN) had news on Tuesday and is trading nicely this morning.
Vince Holding (NYSE: VNCE) announced that P180 acquired a majority stake in VNCE from affiliates of Sun Capital Partners.
Vigil Neuroscience (NASDAQ: VIGL) reported positive Phase 1 results from its VG-3927 trial. The trial evaluated VG-3927 for the potential treatment of Alzheimer’s Disease. The trial’s results support advancing VG-3927 into a Phase 2 trial as a once-daily oral treatment for AD.
N2OFF (NASDAQ: NITO) is collaborating with Solterra Energy on renewable energy projects in Albania for the next year. The partnership will primarily focus on solar energy and battery storage solutions. Under the agreement, the two companies will leverage their local relationships to identify potential projects, with Solterra conducting feasibility analyses.
SuperCom (NASDAQ: SPCB) issued 100,000 ordinary shares at a price of $43.74 per share, representing a significant premium to the last closing price. The proceeds from this issuance will be used to pay down $4.374 million of SuperCom’s outstanding debt. This issuance and debt reduction are part of an amendment executed by SuperCom with its senior lender.
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