MINIM

Minim Announces Pricing of $25 Million Public Offering of Common Stock

Retrieved on: 
Thursday, July 29, 2021

MANCHESTER, NH, July 29, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Minim, Inc. (NASDAQ: MINM) (the Company) today announced the pricing of an underwritten public offering of 10,000,000 shares of the Companys common stock at a public offering price of $2.50 per share for aggregate gross proceeds of approximately $22.7 million after deducting underwriting discounts, commissions, and other offering expenses.

Key Points: 
  • MANCHESTER, NH, July 29, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Minim, Inc. (NASDAQ: MINM) (the Company) today announced the pricing of an underwritten public offering of 10,000,000 shares of the Companys common stock at a public offering price of $2.50 per share for aggregate gross proceeds of approximately $22.7 million after deducting underwriting discounts, commissions, and other offering expenses.
  • The offering is expected to close on or around August 2, 2021, subject to satisfaction of customary closing conditions.
  • B. Riley Securities is acting as the sole book-running manager and Northland Capital Markets is acting as co-manager for the offering.
  • Minim cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made.

Minim Awarded First of Two Patents Fundamental to Intelligent WiFi

Retrieved on: 
Thursday, July 8, 2021

Weve designed the Minim platform to power networking devices at varied price points and performance levels, said Alec Rooney, Minim Chief Technology Officer.

Key Points: 
  • Weve designed the Minim platform to power networking devices at varied price points and performance levels, said Alec Rooney, Minim Chief Technology Officer.
  • Minim , Inc.(NASDAQ: MINM) is the creator of intelligent networking products that dependably connect people to the information they need and the people they love.
  • Minim end users benefit from a personalized and secure WiFi experience, leading to happy and safe homes where things just work.
  • Minim cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made.

Nicole Zheng Elevated to Minim President

Retrieved on: 
Wednesday, June 30, 2021

MANCHESTER, NH, June 30, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire Minim , Inc. (OTCQB: MINM), the creator of innovative internet access products under the globally-recognized Motorola brand, today announced the elevation of Nicole Zheng to President per unanimous Board action.

Key Points: 
  • MANCHESTER, NH, June 30, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire Minim , Inc. (OTCQB: MINM), the creator of innovative internet access products under the globally-recognized Motorola brand, today announced the elevation of Nicole Zheng to President per unanimous Board action.
  • As President & CMO, Zheng will take a broader leadership role in company management while also retaining her existing responsibilities leading the company's marketing operations.
  • Zheng was a member of the founding team of the original Minim, prior to the merger between Minim, Inc. and Zoom Telephonics, Inc. She has served as the combined company's CMO since the merger.
  • Prior to Minim, Zheng was Chief Marketing Officer at cloud software companies Antidote Technologies and OnSIP (ACQ: Intrado).

Minim to Begin Trading on NASDAQ

Retrieved on: 
Wednesday, June 30, 2021

Trading of Minims shares on the Nasdaq is expected to begin at the market open on July 7, 2021 under the same symbol "MINM".

Key Points: 
  • Trading of Minims shares on the Nasdaq is expected to begin at the market open on July 7, 2021 under the same symbol "MINM".
  • Listing on The Nasdaq Capital Market represents another important milestone in Minims development, as we continue to experience rapid growth and margin expansion by delivering on our strategic, software-driven playbook, said Gray Chynoweth, Minim CEO.
  • We believe this Nasdaq listing will enhance shareholder value through improved visibility and increased trading liquidity.
  • For more information about Minim Investor Relations and to sign up for email notifications, visit ir.minim.com .

Cable Internet Users Can Now Get True Gigabit Speeds Throughout a Home with the New Motorola MM1025 2.5 Gbps MoCA Adapter

Retrieved on: 
Tuesday, May 11, 2021

The pandemic accelerated the adoption of\xc2\xa0gigabit\xc2\xa0service by 97% in the first quarter of 2020, compared to\xc2\xa0the first quarter of 2019 per OpenVault\xe2\x80\x99s\xc2\xa0Broadband Insights Report .

Key Points: 
  • The pandemic accelerated the adoption of\xc2\xa0gigabit\xc2\xa0service by 97% in the first quarter of 2020, compared to\xc2\xa0the first quarter of 2019 per OpenVault\xe2\x80\x99s\xc2\xa0Broadband Insights Report .
  • Headquartered in Manchester, NH, the company delivers smart software-driven communications products under the globally recognized Motorola brand and ZOOM trademark.
  • Minim end users benefit from a personalized and secure\xc2\xa0WiFi\xc2\xa0experience, leading to happy and safe homes where things just work.
  • To learn more about Motorola strategic brand partnerships, follow us @ShopMotorola.\nThis release contains forward-looking information relating to Minim\xe2\x80\x99s plans, expectations, and intentions.

Minim to Discuss Technology Imperatives for Hybrid Remote Work Models at CONNECTIONS Connected Home Conference

Retrieved on: 
Monday, May 10, 2021

With this rapid shift, it\xe2\x80\x99s time to rethink workplace technology\xe2\x80\x94 most especially, connectivity and security solutions.

Key Points: 
  • With this rapid shift, it\xe2\x80\x99s time to rethink workplace technology\xe2\x80\x94 most especially, connectivity and security solutions.
  • Minim recently announced that Minim for Work is now deployed by ANY LAB TEST NOW , a nationwide direct access lab franchise, to protect patient data over WiFi at their sites.
  • Zheng plans to draw upon insights from their resellers and more than 130 ISPs and businesses who now deliver Minim.
  • Minim end users benefit from a personalized and secure WiFi experience, leading to happy and safe homes where things just work.

Minim to Present at Sidoti & Company’s Virtual Microcap Conference on May 19, 2021 at 9:15 am

Retrieved on: 
Thursday, May 6, 2021

b'MANCHESTER, NH, May 06, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Zoom Telephonics, Inc., doing business as Minim (OTCQB: MINM), the creator of innovative internet access products under the\xc2\xa0globally-recognized\xc2\xa0Motorola brand, today announced that Gray Chynoweth, Chief Executive Officer, and Sean Doherty, Chief Financial Officer will present at\xc2\xa0Sidoti\xc2\xa0& Company\xe2\x80\x99s Virtual Microcap Conference:\nIt is recommended that investors pre-register and run the online system check to expedite participation on the day of the event and receive event updates.\nTo learn more about the event or to schedule a one-on-one meeting with\xc2\xa0Minim Management,\xc2\xa0please visit https://sidoticonference.com/microcapconference or email\xc2\[email protected].\nZoom Telephonics,\xc2\xa0Inc., doing business as Minim (OTCQB: MINM), is the creator of innovative internet access products that dependably connect people to the information they need and the people they love.

Key Points: 
  • b'MANCHESTER, NH, May 06, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Zoom Telephonics, Inc., doing business as Minim (OTCQB: MINM), the creator of innovative internet access products under the\xc2\xa0globally-recognized\xc2\xa0Motorola brand, today announced that Gray Chynoweth, Chief Executive Officer, and Sean Doherty, Chief Financial Officer will present at\xc2\xa0Sidoti\xc2\xa0& Company\xe2\x80\x99s Virtual Microcap Conference:\nIt is recommended that investors pre-register and run the online system check to expedite participation on the day of the event and receive event updates.\nTo learn more about the event or to schedule a one-on-one meeting with\xc2\xa0Minim Management,\xc2\xa0please visit https://sidoticonference.com/microcapconference or email\xc2\[email protected].\nZoom Telephonics,\xc2\xa0Inc., doing business as Minim (OTCQB: MINM), is the creator of innovative internet access products that dependably connect people to the information they need and the people they love.
  • Headquartered in Manchester, NH, the company delivers smart software-driven communications products under the globally recognized Motorola\xc2\xae brand.
  • Minim end users benefit from a personalized and secure WiFi experience, leading to happy and safe homes where things just work.
  • To learn more, visit www.minim.com .\nMOTOROLA and the Stylized M Logo are trademarks or registered trademarks of Motorola Trademark Holdings, LLC and are used under license.\n'

Minim to Report First Quarter 2021 Financial Results on May 17, 2021

Retrieved on: 
Wednesday, May 5, 2021

ET on May 17, 2021\nMANCHESTER, NH, May 05, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Zoom Telephonics, Inc., doing business as Minim (OTCQB: MINM), the creator of innovative internet access products, today announced that it will report its financial results for the first quarter ended March 31, 2021 prior to the market open on Monday, May 17, 2021.

Key Points: 
  • ET on May 17, 2021\nMANCHESTER, NH, May 05, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Zoom Telephonics, Inc., doing business as Minim (OTCQB: MINM), the creator of innovative internet access products, today announced that it will report its financial results for the first quarter ended March 31, 2021 prior to the market open on Monday, May 17, 2021.
  • Headquartered in Manchester, NH, the company delivers smart software-driven communications products under the globally recognized Motorola\xc2\xae brand.
  • Minim end users benefit from a personalized and secure WiFi experience, leading to happy and safe homes where things just work.
  • To learn more, visit www.minim.com .\nMOTOROLA and the Stylized M Logo are trademarks or registered trademarks of Motorola Trademark Holdings, LLC and are used under license.\n'

Minim to Present at VirtualInvestorConferences.com on April 15 at 4:00 pm ET

Retrieved on: 
Monday, April 5, 2021

It is recommended that investors pre-register and run the online system check to expedite participation on the day of the event and receive event updates.

Key Points: 
  • It is recommended that investors pre-register and run the online system check to expedite participation on the day of the event and receive event updates.
  • Headquartered in Manchester, NH, the company delivers smart software-driven communications products under the globally recognized Motorola brand.
  • Minim end users benefit from a personalized and secure WiFi experience, leading to happy and safe homes where things just work.
  • Minim cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made.

Minim Secures $13.0 Million Credit Facility with Silicon Valley Bank

Retrieved on: 
Monday, March 15, 2021

Following record-breaking quarterly and year-end revenue results, the company announces new capital access to address increased demand in the rapidly growing $356 billion fixed broadband market

Key Points: 
  • Following record-breaking quarterly and year-end revenue results, the company announces new capital access to address increased demand in the rapidly growing $356 billion fixed broadband market
    Manchester, NH, March 15, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Zoom Telephonics, Inc., doing business as Minim (OTCQB: MINM) ("Minim"), the creator of innovative internet access products, today announced that it has closed on a $13.0 million credit facility in partnership with Silicon Valley Bank in lieu of its previous $5.0 million credit facility.
  • We are pleased to work with Silicon Valley Bank on a credit facility that will assist Minim in seeking to sustainably accelerate growth, said Sean Doherty, CFO of Minim.
  • Through our expanded credit facility, Minim will invest in sales, marketing, and new product introductions to address the demand for advanced connectivity products that homes need.
  • "Minim is delivering high-quality software, hardware and services to connect customers and homes in the US and internationally," said Sarah Kwan, Vice President of Technology Banking at Silicon Valley Bank.