Latest news with #NoBrainer
The Market Online
23-05-2025
- Business
- The Market Online
Algernon closes NoBrainer acquisition
Algernon Pharmaceuticals (CSE:AGN) has officially closed its acquisition of NoBrainer Imaging Centres, Inc., marking a significant expansion into the Alzheimer's Disease diagnostic and treatment market Algernon issued 5.5 million common shares and 5.5 million common share purchase warrants NoBrainer brings with it C$250,000 in working capital and a deposit on a Positrigo NeuroLF PET scanner Algernon Pharmaceuticals stock (CSE:AGN) last traded at $0.09 Microcap penny stock Algernon Pharmaceuticals (CSE:AGN) has officially closed its acquisition of NoBrainer Imaging Centres, Inc., marking a significant expansion into the Alzheimer's Disease diagnostic and treatment market. The transaction can position the clinical-stage pharmaceutical developer at the forefront of neurological healthcare innovation. Under the terms of the deal outlined in a media statement, Algernon has acquired 100 per cent of the issued and outstanding shares of NoBrainer, a Canadian company holding exclusive master franchise rights from NoBrainer Alzheimer's Treatment Centres, Inc. These rights cover all of Canada—excluding Oakville and Ottawa—and key U.S. markets including Florida (excluding Miami), Los Angeles, and five additional major cities. NoBrainer brings with it C$250,000 in working capital and a deposit on a Positrigo NeuroLF PET scanner, a cutting-edge brain imaging device expected to be delivered to Algernon's first U.S. clinic in Q4 2025. Transaction details The acquisition was executed through share exchange agreements signed on May 12, 2025. As consideration, Algernon issued: 5.5 million common shares and 5.5 million common share purchase warrants and 450,000 preferred shares and 450,000 preferred share purchase warrants (to be issued within six months pending shareholder approval) The common warrants are exercisable in stages over a five-year period, with escalating prices from $0.15 to $0.50 per share. Preferred shares, once approved, will be convertible into ten common shares each and carry a 10% annual dividend payable in shares. Preferred warrants follow a similar escalating price structure, ranging from $1.50 to $5.00 per share. All NoBrainer shareholders have signed voting support agreements in favor of Algernon, ensuring a smooth transition and alignment with the company's strategic goals. Algernon plans to expedite its annual meeting to secure shareholder approval for the preferred share issuance and will seek Canadian Securities Exchange (CSE) approval to list the new securities. The company is also exploring a preferred stock unit dividend or rights offering to bolster shareholder participation and meet listing requirements. Algernon Pharmaceuticals stock (CSE:AGN) last traded at $0.09. While it has risen 28.57 per cent since the year began, it has lost 43.75 per cent since this time last year. Join the discussion: Find out what everybody's saying about this microcap penny stock on the Algernon Pharmaceuticals Bullboard, and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Yahoo
09-05-2025
- Entertainment
- Yahoo
Meet Manuel, the new Pit Crew stud on 'Drag Race All Stars 10'
Instagram (@manuelkornisiuk); Paramount+ Manuel Kornisiuk, a.k.a. Manúk, on RuPaul's Drag Race All Stars 10; Manuel Kornisiuk via Instagram. The double premiere of RuPaul's Drag Race All Stars 10 started with a bang: Not only is the competition heating up in bracket 1, but fans also got to meet a brand-new Pit Crew member appearing on the show. The man appearing between Bryce Eilenberg and Bruno Alcantara in episode 2 of All Stars 10 is called Manuel. The actor, model, and musician — who has a different stage name for music — is from Argentina, but lives in Australia. So, without further ado, scroll through to learn more about the latest addition to the Pit Crew! Manuel is an actor, model, and musician uses a different name for his music career: Manúk. Manuel was born in Argentina, but he eventually moved to Australia, as noted in an interview with DA MAN. The publication also highlighted that Manuel "garnered significant attention" for starring as Hunter Rodriguez in the 2023 film The Winner Takes It All. "I come from a small city called Santa Rosa," Manuel told DA MAN in an interview from January 2025. "For a long time, I felt like something was missing and that I didn't quite fit in. There was this internal struggle within me that drove me to explore new places. I believe that many people go through similar experiences at least once in their lives. I spent the first few years after high school in Argentina, but eventually, I decided I wanted to move somewhere completely different." Manúk currently has 21,000 monthly listeners and 1,800 followers on Spotify. Most of his listeners on the music streaming platform come from Australia and Brazil. "Manúk is a visionary Argentinian artist based in Sydney, drawing inspiration from personal changes and emotions while infusing his music with what feels authentic to him," Manúk's bio on Spotify reads. "His sound seamlessly blends smooth R&B rhythms with a Latin spice, pushing the boundaries of the pop genre. With a unique style and vibrant performances, Manúk is making waves in the music scene." Manúk has been releasing music since 2020. However, the latest Pit Crew member has yet to drop an album or EP. His most popular songs include "Overstimulated," "Follow Me," "Hawái," and "Love Letters," to name a few. In his DA MAN interview, Manuel explained that "Overstimulated" is "about falling in love and jumping into something super scary, like how it is when you give yourself to a new person." Manúk - No Brainer On YouTube, Manúk's official channel has 1,080 subscribers as of this writing. The musician, actor, model, and Pit Crew member released a music video for "No Brainer" two weeks ago, on April 26. Thus far, Manuel only has two credits on IMDb: 2023's The Winner Takes It All and 2024's Perfect Boy Next Door. Both of those credits have Manuel listed as an actor. Fans can follow Manuel's Instagram page, @manuelkornisiuk, which already has over 230,000 followers even prior to his appearance on All Stars 10. On TikTok, you can follow Manuel under @manukmusic_. Keep scrolling to check out more pictures of Manuel Kornisiuk, a.k.a. Manúk — and make sure to watch the first two episodes of , now streaming on .
