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MDB Capital Holdings Provides Third Quarter 2024 Update

GlobeNewswire LogoGlobeNewswire11h ago

MDB Capital Holdings Provides Third Quarter 2024 Update - GlobeNewswire

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As we head into 2025, we are focusing on scaling the number of deep technology ideas we turn into valuable public companies and increasing operational efficiency.” Third Quarter 2024 and Subsequent Operational Highlights Launched and completed an initial public offering for Invizyne Technologies: On November 13, the leading designer of cell-free, enzyme-based biomanufacturing systems to produce commercially important molecules and chemicals for everyday life, began trading on NASDAQ under the ticker symbol "IZTC.” MDB co-founded the company and currently owns approximately 48% of outstanding shares.

"At the same time, we deepened and broadened our relationships with our investor community by expanding our self-clearing brokerage offerings and securing new partnerships like we recently announced with one of the largest and most active angel investor networks in the nation, TCA Venture Group.” Marlett concluded, "On the heels of a successful IPO for Invizyne Technologies, a Big Idea’ company we spun out from the UCLA laboratory to the public market using our complete process, I am happy to report that we have a robust pipeline of new opportunities in the final stages of diligence.

Management to Host Conference Call Today at 4:30 p.m.ETAddison, TX, Nov.21, 2024 (GLOBE NEWSWIRE) -- MDB Capital Holdings, LLC, (NASDAQ: MDBH) ("MDB”), a public venture platform focused on launching category-leading deep technology companies, today provides an update on operations through and subsequent to the quarter ended September 30, 2024.

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Article Details

Author / Journalist: MDB Capital Holdings, LLC

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 21:05:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 635 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 23744766

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 80 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 10 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #116

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