Top Stocks with News: SYTA, TNON, POAI, ALMS, DATS, and MLGO
DENVER, Colo., Mar 25, 2025 (247marketnews.com)- Siyata Mobile (NASDAQ:SYTA) revealed its latest move to expand its global distribution footprint, yesterday, via a deal with a leading “Mobility, Logistics, and Infrastructure Conglomerate in the Middle East,” the next-generation Push-To-Talk over Cellular handsets and its $160 million merger target, Core Gaming, announced, this morning, that it entered into an arrangement with Fire Rhino Studios, which calls for Core Gaming and Fire Rhino to collaborate on an R&D initiative to create and promote games in the casual gaming market.
Aitan Zacharin, Core Gaming’s CEO, will lead the combined companies when the merger is finalized. Zacharin, was recently quoted as saying, “If you extrapolate that number, the value of that 10% legacy shares should be worth over $16 million and with approximately 2 million shares currently outstanding, Siyata’s market capitalization is hovering around $5 million.”
Tenon Medical (NASDAQ:TNON) reported a game-changing milestone: the FDA cleared an expanded indication for its Catamaran SI Joint Fusion System. Now approved to augment thoracolumbar spinal fusion alongside its stand-alone SI joint treatment role, this breakthrough opens a significant new market lane for Tenon in the $10 billion spinal fusion sector.
Predictive Oncology (NASDAQ:POAI) unveiled predictive models built from 21 never-before-seen compounds, sourced from the University of Michigan’s Natural Products Discovery Core (NPDC). Targeting prevalent cancers—breast, colon, and ovary—these models mark a true breakthrough in drug discovery, slashing timelines and boosting success odds with Predictive’s active machine learning platform.
Alumis (NASDAQ:ALMS) and Kaken Pharmaceutical (Tokyo Stock Exchange:4521) struck a blockbuster deal to develop and commercialize ESK-001—a next-gen oral TYK2 inhibitor—for dermatology in Japan. This pact, with a hefty $40 million upfront and near-term payout in 2025-2026 and up to $140 million in milestone and option bonuses, plus tiered royalties from low double-digits to the twenties, underscores ESK-001’s commercial punch and Kaken’s regional savvy.
DatChat’s (NASDAQ:DATS) Myseum Social Media Platform is now live for download on Apple iOS and Android devices. Datchat is sponsoring and participating in The Photo Managers Conference 2025, set for April 22-26 in San Diego, California.
MicroAlgo (NASDAQ:MLGO) announced, Friday afternoon, that it’s set to bolster its balance sheet with a fresh issuance of shares at $0.80 each, as it moves to repay a $20 million convertible bond inked with creditors on October 7, 2024. This strategic step follows a creditor push to convert the 360-day bonds into equity, leveraging terms that peg the conversion price at 70% of the lowest closing market price over the prior 60 trading days—a figure now landing at $0.80 per share.
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