BioNovelus Inc
Change company Symbol lookup
Select an option...
ONOV BioNovelus Inc
ATO Atmos Energy Corp
NMS Nuveen Minnesota Quality Municipal Income Fund
INVVY Indivior PLC
OSUR OraSure Technologies Inc
QUOT Quotient Technology Inc
DUK Duke Energy Corp
WAFD Washington Federal Inc
REML Credit Suisse X-Links Monthly Pay 2xLeveraged Mortgage REIT ETN
$NQG3010LMT Nasdaq Global Banks Large Mid Cap To
Go

Company profile

BioNovelus, Inc., formerly Firstin Wireless Technology, Inc., is a biotechnology company. The Company focuses on developing a portfolio of green solutions for various applications. The Company's solutions address challenges, including food and water safety and supply. The Company focuses on selling the BionoPLUS formula to the consumers of fungicide and pesticide products for the control of coffee leaf rust, and coffee bean and cocoa bean conservation under the name CR-10 (for Coffee Rust-10). BionoPLUS is a biocide and fungicide. CR-10 is a biodegradable product, which is a biopesticide for use at recommended dilution. Its formula kills the coffee rust fungus by being sprayed on the contaminated leaf. It also creates a protective barrier that will prevent (re-)infection. The Company focuses on testing its biocide on multiple applications, including coffee leaf rust. It is also conducting other trials for applications in the biocide market.

Price
Delayed
$0.0926
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
--
Volume
(Light)

Today's volume of 0 shares is on pace to be much lighter than ONOV's 10-day average volume of 41,993 shares.

0

UPDATE: Nikola shares soar 39% on news of GM partnership; GM to receive $2 billion in Nikola stock

12:13 pm ET September 8, 2020 (MarketWatch)
Print

General Motors Co. (GM) and Nikola Corp. (NKLA) said Tuesday they are entering a strategic partnership that will start with the Nikola Badger, the company's planned fully-electric and hydrogen fuel cell electric pickup truck, and include cost reductions for other models. As part of the agreement, Nikola will use GM's Ultium battery system and Hydrotec fuel cell technology. Nikola will exchange $2 billion in new stock for in-kind services and access to GM's parts and components. GM will have 11% ownership of Nikola and the right to nominate one director to its board. GM will engineer and manufacture the Nikola Badger, which is expected to enter production by the end of 2022. Nikola expects to achieve $4 billion in savings on battery and powertrain costs over 10 years and another $1 billion in engineering and validation costs. GM expects to receive more than $4 billion in benefits between the equity value of the shares, contract manufacturing of the Badger, supply contracts for batteries and fuel cells and EV credits. GM will be exclusive supplier of fuel cells globally to Nikola for Class 7/8 trucks. Wedbush analyst Dan Ives said the news is a big deal for Nikola. "This news is a huge shot in the arm for Nikola and cements credibility not just for its Badger production slated to begin by the end of 2022 but for its hydrogen fuel cell ambitions and semi truck vision going forward," Ives wrote in a note to clients. "There have been many skeptics around Nikola and its founder Trevor Milton's ambitions over the coming years, which now get thrown out the window with stalwart GM making a major strategic bet on Nikola for the next decade on the EV and fuel cell front." Nikola shares jumped 39% on the news, while GM was up 10%.

-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 08, 2020 12:13 ET (16:13 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.