This morning investors are going to be looking at a wide range of stocks that could be worth tracking. At the same time, it is also important to keep in mind that there are possibly too many stocks that one needs to look into and hence, a shorter list has to be made. This article provides you a glimpse into a total of three companies that you could consider taking a look into this morning.
GlobeX Data (OTCMKTS:SWISF) (CSE: SWIS) (FRA: GDT) The first one to look into this morning is the secure data management and Swiss hosted secure communication firm GlobeX Data Ltd. The company had actually come into the news back on April 13 when it announced that it had been awarded the necessary approvals by the Canadian Securities Exchange by way of which it could change its name to Sekur Private Data Ltd.
It was a significant new development for GlobeX Data since the company is looking to attack its branding with a business and consumer suite of secure communication products under the brand Sekur. Some of the tools that are included in the suite include SekurMessenger and SecreMail among others. It was also announced at the time that the GlobeX Data stock was going to begin trading under the new name from April 14, 2022. In addition to that, the stock was also going to get a new CUSIP number. It remains to be seen if the stock can come into focus among investors in the coming days.
Starfleet Innotech (OTCMKTS:SFIO) – Global investment holding company Starfleet Innotech is another company that could be worth tracking by investors at this point in time. When a company decided to reduce the number of shares it has under circulation, then it is almost always seen as a positive and hence, the announcement from Starfleet back on April 14 is an important one. The company announced that it had decided to reduce the number of authorized shares by as much as 50% and cut it down to 2.5 billion from as much as 5 billion. The reduction in the number of shares can often be a major positive for the company since it makes the shares scarcer.
JethsLacson, who is the Chief Executive Officer of the company, announced at the time that the decision to reduce the number of shares to such a degree is going to allow Starfleet to move forward with its capital raising initiatives far more effectively. In addition to that, the move is also going to reduce the problem of share dilution among investors in a significant way. It remains to be seen if the stock comes into focus today.
ImmunoPrecise Antibodies Ltd (NASDAQ:IPA) (IPA.V) stock has been in the middle of a major rally in recent weeks and over the course of the past month, it has managed to bring in gains to the tune of as much as 40%. In light of such gains, it may be a good time for investors to take a closer look at some recent events. Back on April 14, the company was actually in the news after it announced that it had been successful in picking up a controlling stake in the trio of Belgian biotech firms BioKey BV, BioClue BV and BioStrand BV.
In this regard, it is necessary to point out that the three entities are now going to be known collectively as BioStrand. The entities are involved in the biotechnology and bioinformatics spaces and the acquisition was completed by IPA through its fully owned subsidiary company ImmunoPrecise Netherlands BV. It was a major new acquisition for the company and one that could lead to a considerable long-term boost for IPA as a company.
American Manganese (OTCMKTS:AMYZF) (TSX:AMY.V) – Last but certainly not least, it is the American Manganese Inc stock which could be added to the watch lists by investors at this point in time. There may not have been a lot of news about the company in recent times but back on March 29, the company had come into focus after It made a major announcement with regards to the RocherDeboule Cu-Au Project.
The company announced at the time that it had been awarded the necessary permits in relation to the project by the Ministry of Energy, Mines, and Low Carbon Innovation. It was an announcement that was significant considering the fact that it could have a considerable effect on the future of the company. At this point in time, it may be a good idea for investors to consider adding the American Manganese stock to their watch lists and keep an eye on further developments.
