Venture Market News for November 28, 2018
- SolarWindow Raises $25 Million for Manufacturing Electricity-Generating Glass
SolarWindow Technologies, Inc. (OTC: WNDW; www.solarwindow.com), developer of transparent coatings that turn ordinary glass into electricity-generating windows, today announced the completion of a $25 million equity financing. Kalen Capital Corporation (KCC), the family office of Mr. Harmel S. Rayat, founder and Chairman of the company, has invested approximately $24.9 million in this round.
- Progressive Care Signs Letter of Intent to Purchase Florida Based Pharmacy with $18 million in Annual Revenue
MIAMI, Nov. 28, 2018 (GLOBE NEWSWIRE) — Progressive Care Inc. (OTCQB: RXMD), a personalized healthcare services and technology company, today announced that it has entered into a letter of intent to purchase a Florida based pharmacy with 2 operating locations.
- Kraken Announces Acceleration of Ocean Infinity Battery Order and $5 Million Advance Payments
Kraken Anticipates Follow-on Orders
ST JOHN’S, Newfoundland, Nov. 28, 2018 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF), is pleased to announce that Ocean Infinity has issued a $6.5 million purchase order to its wholly owned subsidiary, Kraken Robotic Systems Inc., for deep sea batteries. Under a $9 million deep-sea battery contract announced on August 1, 2018, Ocean Infinity issued an initial $2.5 million purchase order with the next $6.5 million purchase order expected in Q1 2019. Today Ocean Infinity has accelerated the delivery schedule, with all battery shipments now planned to start at the end of 2018 and finishing in Q3 2019. This is an acceleration of approximately six months from the previous schedule.
- Thunder Energies Corporation (TNRG) announces the filing of an S1 Registration to Finance the Development of Its Cutting-Edge Technologies
TARPON SPRINGS, Fla., Nov. 28, 2018 (GLOBE NEWSWIRE) — Dr. Ruggero Santilli, CEO of Thunder Energies Corporation (OTCQB:TNRG) announces that the company has filed an S1 registration statement for a 24 month, 3 million dollar investment from GHS Investments for the hiring of qualified technicians and salespersons and the development of corporate cutting-edge neutron, combustion and optical technologies (https://www.otcmarkets.com/filing/html?id=13079706&guid=BMubUKI3pdGbZth).
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