PROP - Threshold List Stocks with Upcoming Catalysts
2024-04-12 10:51:10 ET
DENVER, Colo., Apr 12, 2024 ( 247marketnews.com )- Airship AI Holdings, Inc. (NASDAQ: AISP ), Brera Holding (NASDAQ: BREA ), PaxMedica, Inc. (NASDAQ: PXMD ), Prairie Operating Co. (NASDAQ: PROP ), and Trump Media & Technology Group Corp. (NASDAQ: DJT ) are on the Threshold Security Watchlist, which is comprised of securities whose transactions failed to clear for five consecutive settlement days at a registered clearing agency. The SEC created Reg SHO as part of their efforts to detect market manipulation and corrections can lead to large short squeezes.
Airship AI Holdings, Inc. (NASDAQ: AISP ) recently reported its 2023 financial and operational results, with highlights including fiscal year 2023 revenue of $12.3 Million and a $140 million pipeline that is expected to drive triple-digit revenue growth and positive cash flow for fiscal year 2024.
“The fourth quarter of 2023 was highlighted by our Nasdaq listing in late December,” stated Paul Allen, President of Airship AI. “This transition from a private to public company is expected to provide the financial transparency that many of our customers are looking for relative to the health of our business, as well as provide opportunities for growth outside of our traditional organically funded operations.
Brera Holding (NASDAQ: BREA ) announced they are actively scouting to acquire their next MCO piece, which could involve some more high-profile names.
PaxMedica, Inc. (NASDAQ: PXMD ) announced that it completed three key registration/validation batches of PAX-101, an IV formulation of suramin, an important milestone to enabling a planned New Drug Application (NDA) submission to the FDA, for late 2024.
Prairie Operating Co. (NASDAQ: PROP ) last announced that the Colorado Energy and Carbon Management Commission approved its Genesis I Oil & Gas Development Plan (“OGDP”).
“I would first like to thank our team at Prairie and the leadership and staff at the ECMC, we very much appreciate their supportive comments during the hearing,” stated, Ed Kovalik, Chairman and CEO. “Operationally, the new permits provide a multi-year inventory of projects for Prairie in the DJ Basin, giving us visibility well into 2025 while allowing us to maintain a robust drilling inventory that offers flexibility in scheduling.”
Trump Media & Technology Group Corp. (NASDAQ: DJT ), which operates the Truth Social platform, recently began trading post DWAC merger and its CEO, Devin Nunes, said, “We are excited to be operating as a public company and to have secured access to capital markets. Closing out the 2023 financials related to the merger, Truth Social today has no debt and over $200 million in the bank, opening numerous possibilities for expanding and enhancing our platform. We intend to take full advantage of these opportunities to make Truth Social the quintessential free-speech platform for the American people.”
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Threshold List Stocks with Upcoming Catalysts