Needham & Company

FiscalNote to Present at the 26th Annual Needham Growth Conference

Retrieved on:

Wednesday, January 17, 2024

Professional Services, Data Management, Data Analytics, Technology, Other Technology, Software, Artificial Intelligence, Entrepreneurship, Needham & Company, Software as a service, Conference, FiscalNote, Policy

FiscalNote Holdings, Inc. (NYSE: NOTE) ("FiscalNote"), a leading AI-driven enterprise SaaS technology provider of policy and global intelligence, today announced that CEO, Co-Founder, and Chairman Tim Hwang and other senior executives will present at the 26th Annual Needham Growth Conference at 11:45am ET (US) on Friday, January 19, 2024.

Key Points:

FiscalNote Holdings, Inc. (NYSE: NOTE) ("FiscalNote"), a leading AI-driven enterprise SaaS technology provider of policy and global intelligence, today announced that CEO, Co-Founder, and Chairman Tim Hwang and other senior executives will present at the 26th Annual Needham Growth Conference at 11:45am ET (US) on Friday, January 19, 2024.
In addition, the Company plans to hold one-on-one virtual meetings with investors.
For more information about the conference, please contact representatives at Needham & Company.

Impact Analytics Raises $40 Million After Stellar Year to Pave Way for Global Expansion

Retrieved on:

Tuesday, January 9, 2024

Impact Analytics clients grow profitably through actionable, data-driven insights and automated operations across full-lifecycle categories including demand forecasting, pricing optimization, assortment alignment, inventory management, and financial planning.

Key Points:

Impact Analytics clients grow profitably through actionable, data-driven insights and automated operations across full-lifecycle categories including demand forecasting, pricing optimization, assortment alignment, inventory management, and financial planning.
Founded in 2015 as an AI company, Impact Analytics remains a startup committed to technology innovation and customer success.
“Impact Analytics’ AI-driven technologies and techniques have tangibly boosted profitability across its customer base,” said Palakurthi.
"Impact Analytics technology is unassailably the best, our client loyalty is truly humbling, and our strategic partnerships are strong and growing stronger.

Planet to Participate in Upcoming Investor Conferences

Retrieved on:

Wednesday, January 10, 2024

Professional Services, Data Management, Technology, Data Analytics, Satellite, Software, Needham & Company, Business, Conference

Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that members of senior management will participate in the following upcoming investor conferences:

Key Points:

Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that members of senior management will participate in the following upcoming investor conferences:
Ashley Johnson, Chief Financial and Operating Officer, will participate in a fireside chat at Needham’s 26th Annual Needham Growth Conference in New York, on January 18th, 2024, at 12:45 p.m. Eastern Time.
The discussion will be hosted by Ryan Koontz, Managing Director, Senior Equity Research Analyst at Needham & Company.
Kevin Weil, President of Product and Business, will participate in a fireside chat at Citi’s 2024 Global Industrial Tech and Mobility Conference in Miami Beach, Florida, on February 21st, 2024.
The discussion will be hosted by Jason Gursky, Managing Director, US Equity Research, at Citigroup Global Markets, Inc.

Beyond Announces Participation in Fireside Chat Hosted by Needham & Company

Retrieved on:

Thursday, December 7, 2023

Interim, Needham & Company, Bed Bath & Beyond

MIDVALE, Utah, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Beyond, Inc. , (NYSE: BYON) (“Beyond” or the “Company”), the parent company of online furniture and home furnishings retailer Bed Bath & Beyond , formerly known as Overstock, today announced participation in a virtual fireside chat hosted by Needham & Company on Wednesday, December 13, 2023 at 11 AM ET.

Key Points:

MIDVALE, Utah, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Beyond, Inc. , (NYSE: BYON) (“Beyond” or the “Company”), the parent company of online furniture and home furnishings retailer Bed Bath & Beyond , formerly known as Overstock, today announced participation in a virtual fireside chat hosted by Needham & Company on Wednesday, December 13, 2023 at 11 AM ET.
Marcus Lemonis, Co-Chair of Beyond Board of Directors, Dave Nielsen, Interim Chief Executive Officer and President, and Adrianne Lee, Chief Financial Officer, will participate in the event.
To access the live webcast, please pre-register at this link – BYON Virtual Fireside Chat with Needham .
A replay of the event will be available at investors.beyond.com .

Hut 8 and USBTC Announce Completion of Business Combination

Retrieved on:

Thursday, November 30, 2023

TORONTO and MIAMI, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Hut 8 Mining Corp. (Nasdaq | TSX: HUT), ("Hut 8” or the “Company”) one of North America’s largest, most innovative digital asset mining pioneers and high performance computing infrastructure providers, proudly announces the completion of its business combination pursuant to which Hut 8 and U.S. Data Mining Group, Inc. dba US Bitcoin Corp (“USBTC”) have combined in an all-stock merger of equals (the “Transaction”). The combined company is named “Hut 8 Corp.” (“New Hut”) and is a U.S.-domiciled entity.

Key Points:

The combined company is named “Hut 8 Corp.” (“New Hut”) and is a U.S.-domiciled entity.
Stockholders of USBTC received, for each share of USBTC capital stock, 0.6716 of a share of New Hut common stock.
Bennett Jones LLP and Skadden, Arps, Slate, Meagher & Flom LLP acted as legal counsel to Hut 8 and Stifel GMP served as financial advisor to Hut 8.
Stikeman Elliott LLP and Greenberg Traurig acted as legal counsel to USBTC and Needham & Company served as financial advisor to USBTC.

Luna Acquires Silixa

Retrieved on:

Thursday, December 21, 2023

Luna Innovations Incorporated (NASDAQ: LUNA) , a global leader in advanced fiber optic-based technology, today announced the strategic acquisition of Silixa, a UK-based leader in distributed fiber optic sensing solutions.

Key Points:

Luna Innovations Incorporated (NASDAQ: LUNA) , a global leader in advanced fiber optic-based technology, today announced the strategic acquisition of Silixa, a UK-based leader in distributed fiber optic sensing solutions.
Silixa is expected to achieve approximately $30 million in 2023 revenue, representing approximately 15% annual growth on a constant currency basis.
The transaction was funded with a portion of the proceeds from White Hat Capital Partners’ strategic investment in Luna, which was also announced today.
“Today’s announcement is a pivotal milestone in the history of Silixa and a testament to the hard work and dedication of our employees,” said Co-Founders Mahmoud Farhadiroushan and Tom Parker, who are both continuing with Luna.

Supermicro Announces Pricing of Public Offering of Common Stock

Retrieved on:

Friday, December 1, 2023

Super Micro Computer, Inc. (“Supermicro” or the “Company”) (Nasdaq: SMCI), today announced the pricing of its previously announced underwritten public offering of 2,100,700 shares of its common stock, which includes 100,700 shares offered by certain selling stockholders, at a public offering price of $262.00 per share.

Key Points:

Super Micro Computer, Inc. (“Supermicro” or the “Company”) (Nasdaq: SMCI), today announced the pricing of its previously announced underwritten public offering of 2,100,700 shares of its common stock, which includes 100,700 shares offered by certain selling stockholders, at a public offering price of $262.00 per share.
Additionally, the Company has granted the underwriters a 30-day option to purchase up to an additional 315,105 shares of common stock at the public offering price, less underwriting discounts and commissions.
The gross proceeds to Supermicro are expected to be $524 million before deducting underwriting discounts, commissions and estimated offering expenses, and assuming no exercise of the underwriters’ option to purchase additional shares.
The offering is expected to close on or about December 5, 2023, subject to customary closing conditions.

Kigo, an Augeo subsidiary, acquires Entertainment® to advance Open Loyalty™ innovation & elevate digital offer experiences

Retrieved on:

Tuesday, December 12, 2023

Growth, Entertainment, Acquisition, GM, Alston & Bird, Partnership, Organization, Needham & Company, Ecosystem, Cryptocurrency, Kigo

As Augeo marks its 18th consecutive year of growth, nearing half a billion in annual revenue, the acquisition advances Kigo's mission to transform loyalty engagement through dynamic digital experiences.

Key Points:

As Augeo marks its 18th consecutive year of growth, nearing half a billion in annual revenue, the acquisition advances Kigo's mission to transform loyalty engagement through dynamic digital experiences.
The combination means Kigo is positioned to offer more personalized, localized, relevant rewards delivered seamlessly through its proprietary digital asset delivery system and industry-leading universal loyalty wallet technology.
By tokenizing rewards or incentives, Kigo has reimagined how people will engage with and experience offer content.
Rewards that had static value in the past can be dynamically configured to increase engagement and create more compelling brand experiences.

Varonis to Present at Upcoming Investor Conferences

Retrieved on:

Wednesday, November 8, 2023

Varonis Systems, Wells, Needham & Company, Conference, Internet, Telecommunications, Needham, Airline

NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, announced its participation at the following upcoming conferences:

Key Points:

NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, announced its participation at the following upcoming conferences:
The Needham & Company Virtual Tech Week, November 14 – 16.
The 2023 RBC Capital Markets Global Technology, Internet, Media & Telecommunications Conference, November 14 – 15, in New York.
The audio presentations will be webcast live and available by visiting the "Investor Relations" section of Varonis' website at ir.varonis.com .
The webcasts will be archived on the website for a limited time following the conferences.

UpHealth Comments on Needham Action Ruling

Retrieved on:

Monday, September 18, 2023

UPH, Judgement, Needham & Company, Order, Court, NYSE

DELRAY BEACH, Fla., Sept. 18, 2023 (GLOBE NEWSWIRE) -- UpHealth, Inc. (“UpHealth,” the “Company,” “we” or “us”) (NYSE: UPH), a global digital health company delivering technology platforms, infrastructure, and services to modernize care delivery and health management, today provided an update on the legal action Needham & Company LLC v. UpHealth Holdings, Inc. and UpHealth Services, Inc. (the “Needham Action”), which arose out of UpHealth Services, Inc.’s engagement of Needham & Company, LLC (“Needham”) to provide placement and other financial advisory services.

Key Points:

DELRAY BEACH, Fla., Sept. 18, 2023 (GLOBE NEWSWIRE) -- UpHealth, Inc. (“UpHealth,” the “Company,” “we” or “us”) (NYSE: UPH), a global digital health company delivering technology platforms, infrastructure, and services to modernize care delivery and health management, today provided an update on the legal action Needham & Company LLC v. UpHealth Holdings, Inc. and UpHealth Services, Inc. (the “Needham Action”), which arose out of UpHealth Services, Inc.’s engagement of Needham & Company, LLC (“Needham”) to provide placement and other financial advisory services.
The trial court in New York issued a Decision and Order on September 14, 2023 granting summary judgment in favor of Needham.
The Decision and Order provides that Needham is entitled to fees in the amount of $31,345,000, plus interest.
In our view, the ruling – which the court issued at the summary judgment phase without hearing oral arguments – disregards established precedent and the factual record.