Latch

Delisting of Securities of Latch, Inc.; Eloxx Pharmaceuticals, Inc.; Collective Audience, Inc. (f.k.a., ABRIC SPAC I); SeqLL Inc.; Nemaura Medical Inc.; LumiraDx Limited; Cemtrex Inc.; COMSovereign Holding Corp.; Global System Dynamics; Arrival; Nubia Bra

Retrieved on: 
Wednesday, March 20, 2024

Latch, Inc.’s securities were suspended on August 10, 2023, and have not traded on Nasdaq since that time.

Key Points: 
  • Latch, Inc.’s securities were suspended on August 10, 2023, and have not traded on Nasdaq since that time.
  • Nasdaq also announced today that it will delist the warrants of Collective Audience, Inc.
  • Collective Audience, Inc.’s warrants were suspended on November 3, 2023, and have not traded on Nasdaq since that time.
  • Global System Dynamics’s securities were suspended on January 24, 2024, and have not traded on Nasdaq since that time.

Latch, Soon to be Door.com, Announces Access Control for Storage Units, Further Expanding Latch Smart Access Throughout Multi-Unit Buildings

Retrieved on: 
Friday, November 17, 2023

Latch, Inc., soon to be rebranded to Door.com , today announced its newest access control solution designed specifically for storage areas in multi-family buildings.

Key Points: 
  • Latch, Inc., soon to be rebranded to Door.com , today announced its newest access control solution designed specifically for storage areas in multi-family buildings.
  • With the Latch C2 smart keyless deadbolt and the Latch app, residents and building operators alike will benefit from Latch’s smart access and flexible unlock methods in even more places throughout the building, delivering a seamless access control solution.
  • “Many multi-family buildings have storage areas that are still secured with padlocks or manual locks, making them harder to manage and access.
  • And with the Latch software subscription, the C2 can be used with all the features of the Latch App and Mission Control.

Smart Lock Market size to grow by USD 1.73 billion by 2027 | ASSA ABLOY AB, Be Tech Asia Ltd., Carrier Corp. and more among the key companies - Technavio

Retrieved on: 
Tuesday, November 21, 2023

NEW YORK, Nov. 21, 2023 /PRNewswire/ -- The Smart Lock Market size is estimated to grow by USD 1.73 billion during 2022-2027, growing at a CAGR of 11.61%.

Key Points: 
  • NEW YORK, Nov. 21, 2023 /PRNewswire/ -- The Smart Lock Market size is estimated to grow by USD 1.73 billion during 2022-2027, growing at a CAGR of 11.61%.
  • The growing number of smart cities worldwide drives the smart lock market growth.
  • The growing prevalence of biometric authentication in smart locks is an emerging smart lock market trend.
  • The automotive smart keys market size is estimated to grow at a CAGR of 4.62% between 2022 and 2027.

Latch, Soon to Be Door.com, Announces New 48,000+ Square Foot Headquarters, Bringing Over 30 Jobs to St. Louis

Retrieved on: 
Monday, September 18, 2023

Latch, Inc., soon to be rebranded to Door.com , today announced it is moving its headquarters from New York City to St. Louis.

Key Points: 
  • Latch, Inc., soon to be rebranded to Door.com , today announced it is moving its headquarters from New York City to St. Louis.
  • The company believes this streamlining of activities in St. Louis will enable better support to its customers and will continue to drive more operational discipline and efficiency.
  • With 16 new team members already based in St. Louis, Latch plans to bring more than 30 total jobs to the city to support future growth and strengthen its team in the area.
  • View the full release here: https://www.businesswire.com/news/home/20230918188002/en/
    Latch, Inc., soon to be rebranded to Door.com, today announced it is moving its headquarters to St. Louis.

Latch to Rebrand to Door.com with Expanded Vision of Unlocking the Potential of the Honest Day's Worker

Retrieved on: 
Tuesday, September 5, 2023

Latch, Inc. today announced plans to rebrand to Door.com with an expanded vision of unlocking the potential of the Honest Day’s Worker.

Key Points: 
  • Latch, Inc. today announced plans to rebrand to Door.com with an expanded vision of unlocking the potential of the Honest Day’s Worker.
  • The new Door.com brand is expected to officially launch in 2024.
  • “The door is where the Honest Day’s Worker meets their customer and where Latch products and services provide best-in-class access control solutions,” said Jamie Siminoff, Chief Doorman.
  • “We’re here to support the Honest Day’s Workers—the service providers that truly care about the job they are doing.

Zilliant Welcomes Chris Lee as Chief Revenue Officer

Retrieved on: 
Tuesday, August 15, 2023

1 software platform for price and revenue optimization and management, today announced that Chris Lee has joined the company as Chief Revenue Officer.

Key Points: 
  • 1 software platform for price and revenue optimization and management, today announced that Chris Lee has joined the company as Chief Revenue Officer.
  • View the full release here: https://www.businesswire.com/news/home/20230815857718/en/
    Chris Lee, Chief Revenue Officer at Zilliant (Photo: Business Wire)
    “Chris is uniquely qualified to come in as we expand our reach and build a global organization,” said Zilliant CEO Pascal Yammine.
  • Lee previously served as CRO at enterprise SaaS provider Latch, customer feedback platform company Reputation and business services platform FinancialForce (now Certinia).
  • The future of revenue growth lies at the intersection of innovation and data-driven strategy, and Zilliant embodies this philosophy,” said Lee.

Latch Receives Expected Nasdaq Delisting Determination

Retrieved on: 
Wednesday, August 9, 2023

Latch, Inc. (NASDAQ: LTCH) today announced it received an expected notice from the hearings panel (the “Panel”) of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Panel has determined to suspend trading of the company’s securities on August 10, 2023 and commence delisting procedures because of the company’s failure to meet the August 4, 2023 deadline to regain compliance with its periodic filing obligations.

Key Points: 
  • Latch, Inc. (NASDAQ: LTCH) today announced it received an expected notice from the hearings panel (the “Panel”) of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Panel has determined to suspend trading of the company’s securities on August 10, 2023 and commence delisting procedures because of the company’s failure to meet the August 4, 2023 deadline to regain compliance with its periodic filing obligations.
  • Once the suspension takes effect, Latch expects that its securities will be traded on the OTC Expert Market.
  • The company was unable to meet the deadline due to unexpected delays in the ongoing restatement of its historical financial statements.
  • Jamie Siminoff and Dave Lillis are expected to be appointed as the company’s Chief Executive Officer and Chief Financial Officer, respectively, later this year.

Latch Notifies Nasdaq That It Does Not Anticipate Meeting Delinquent Filing Deadline

Retrieved on: 
Tuesday, August 1, 2023

Latch, Inc. (NASDAQ: LTCH) today announced it has notified the hearings panel of The Nasdaq Stock Market LLC (“Nasdaq”) that the company does not anticipate regaining compliance with its periodic filing obligations on or before its August 4, 2023 deadline due to unexpected delays in the ongoing restatement of its historical financial statements.

Key Points: 
  • Latch, Inc. (NASDAQ: LTCH) today announced it has notified the hearings panel of The Nasdaq Stock Market LLC (“Nasdaq”) that the company does not anticipate regaining compliance with its periodic filing obligations on or before its August 4, 2023 deadline due to unexpected delays in the ongoing restatement of its historical financial statements.
  • As a result, Latch expects Nasdaq to issue a delisting determination, causing the company’s securities to be suspended from trading on Nasdaq.
  • Once the suspension takes effect, Latch expects that its securities will be traded on the OTC Expert Market.
  • The transition to the OTC markets will not change Latch’s commitment to enhancing operational discipline and efficiency within the organization.

A Third Child Means a New Ride for 40% of Parents; Cars.com's Car Seat Fit Report Card Shares the Best Family-Friendly Vehicles for Growing Families

Retrieved on: 
Tuesday, August 1, 2023

CHICAGO, Aug. 1, 2023 /PRNewswire/ -- Car-shopping marketplace Cars.com™ (NYSE: CARS) found more than 40% of parents purchased a new vehicle as a result of welcoming a third child to the family.1 Cars.com released its 2023 Car Seat Fit Report Card to help current and expecting parents navigate the challenges of buying a vehicle that easily and safely accommodates car seats for their growing family. This in-depth resource identifies vehicles that best fit car seats for infants, toddlers and young children.

Key Points: 
  • SUVs dominated this year's Car Seat Fit Report Card.
  • The Cars.com Editorial team found the top-performing SUVs allowed for simple and quick car seat installation and were spacious enough to provide ample legroom for the rest of the family.
  • The vehicle's car seat Latch system also must be conveniently accessible and easy to use," adds Geiger.
  • To learn more about how Cars.com performs its Car Seat Checks, or to see how well a car seat will fit in your family vehicle or a vehicle you are considering purchasing, visit www.cars.com/news/car-seat-check .

Latch Drives Additional Discipline and Efficiency, Setting the Stage For Accelerated Future Growth

Retrieved on: 
Monday, July 10, 2023

As part of this strategic initiative, the company expects to reduce its current U.S.- and Taiwan-based workforce approximately 59% by November 1, 2023.

Key Points: 
  • As part of this strategic initiative, the company expects to reduce its current U.S.- and Taiwan-based workforce approximately 59% by November 1, 2023.
  • The goal of these strategic measures is to create a scalable foundation for growth.
  • As Latch leverages a more efficient, remote global workforce, new U.S.-based roles that are most effective when co-located together will be based in St. Louis.
  • Discipline and efficiency are not only expected to save Latch millions of dollars but should also accelerate and simplify processes, both internally and externally.