MicroCaps Making Major Moves: DJT, BNOX, ELAB, PETV, RJDG in High-Growth Markets

Trump Media (NASDAQ: DJT) saw a sharp spike on Election Day as traders speculated that a second Trump presidency could boost business. Often viewed as a proxy for Trump's White House chances, DJT attracted heavy retail interest, particularly on WallStreetBets, where GameStop (NYSE: GME) was introduced and gained momentum. This rally could set the stage for other micro-cap stocks highlighted here.

Bionomics Limited (Nasdaq: BNOX) strengthened its oncology position with a milestone payment of AUS$1 million from Carina Biotech for its BNC101 program. Under a 2020 agreement, Carina Biotech holds exclusive rights to BNC101, a monoclonal antibody targeting cancer stem cell antigen LGR5. Carina's CAR-T therapy CNA3103, aimed at treating metastatic colorectal cancer, could deliver Bionomics up to AUS$118 million in potential milestones if fully developed. Bionomics also reported progress in its US$500 million partnership with Merck on 7 receptor PAMs for treating Alzheimer's-related cognitive dysfunction, with a Phase 2 study expected soon.

PetVivo Holdings (OTCQB: PETV) appointed Texas A&M alum Cindy Gill as Field Veterinary Business Development Manager to lead the expansion of its joint health product, Spryng Trademark with OsteoCushion Trademark Technology, across Oklahoma, Arkansas, and northern Texas.

Elevai Labs Inc. (NASDAQ: ELAB) announced updates to its Offer to Exchange, allowing holders of up to 15 million shares of Common Stock to swap them for Series B Preferred Stock on a one-for-one basis. The revised offer, issued on November 4, 2024, includes updated terms and extended deadlines as outlined in the Offer Documents.

RJD Green Inc. (OTC: RJDG) is enhancing its footprint in the specialty construction market through Silex Holdings' JSI Products Corporation. Securing two major contracts in Oklahoma, JSI Products aims to expand across a four-state region, led by industry expert Mark Gould. RJD Green's divisions in Healthcare Services, providing healthcare payment solutions, and Earthlinc Environmental Services, focusing on green technologies, position the company in multiple high-growth sectors.

These strategic moves reflect each company's dedication to innovation and market expansion, creating growth opportunities and sparking increased investor interest across dynamic sectors

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