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SaverOne, NOVONIX, and Couchbase: Latest Updates and Trading Performance

  • June 07th, 2023
  • 250 views

SaverOne 2014 Ltd. (Nasdaq: SVRE) announced an additional order from Universal Trucks Israel, Ltd. (UTI), which serves as the official Israeli importer for Isuzu vehicles, for the installation of SaverOne's In Cabin Driver Distraction Prevention Solution (DDPS) on 40 Isuzu vehicles. 

This order follows the successful implementation of the SaverOne system in approximately 100 Isuzu trucks last year.

In after-hours trading, $SVRE was trading at $1.84, experiencing an increase of $0.47 or 34.80%.

NOVONIX Limited (Nasdaq: NVX) and LG Energy Solution (LGES) have announced a Joint Research and Development Agreement (JDA) to collaborate on the development of artificial graphite anode material for lithium-ion batteries. Additionally, NOVONIX has agreed to issue unsecured convertible notes worth US$30 million to LGES. 

The JDA paves the way for LGES to potentially purchase up to 50,000 tons of the anode material from NOVONIX's U.S.-based facility over a 10-year period once mass production begins.

$NVX was trading at $3.00 in after-hours, showing an increase of $0.37 or 14.07%.

Couchbase, Inc. (Nasdaq: BASE) reported an adjusted loss of $0.27 per share for the first quarter of fiscal 2024, better than the consensus estimate of a loss of $0.32 per share. 

Looking ahead to the second quarter of fiscal 2024, Couchbase expects revenue in the range of $41.2 million to $41.8 million, slightly below the consensus estimate of $43.31 million for the period.  

In after-hours trading, $BASE was trading at $18.37, experiencing a decrease of $3.86 or 17.36%.

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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