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Alset AI Ventures Inc. has announced a non-brokered private placement to raise between $650,000 and $800,000 through the issuance of units.
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Hyperscale Data, Inc. has engaged Newmark Group, Inc. to identify lenders for non-dilutive long-term debt financing to support the development of its AI data center campus in Michigan.
With U.S. crude above $100 per barrel, investors are turning to smaller companies with emerging technologies. Kraig Biocraft Laboratories shipped its first commercial spider silk order, Hyperscale Data reaffirmed 2027 revenue guidance of $300-350 million, Lucid Diagnostics began receiving Medicare payments for its EsoGuard test, and 22nd Century Group reported 66% quarterly revenue growth with improving profitability metrics.
Hyperscale Data, Inc. announced the suspension of its At-the-Market (ATM) offering after selling approximately 127.2 million shares for gross proceeds of about $50.6 million.