Presto

Presto Automation Announces Pricing of $1.2M Registered Direct Offering Priced above Nasdaq Minimum Price

Retrieved on: 
Thursday, March 14, 2024

The offering is expected to close on or about March 18, 2024, subject to the satisfaction of customary closing conditions.

Key Points: 
  • The offering is expected to close on or about March 18, 2024, subject to the satisfaction of customary closing conditions.
  • Chardan is acting as sole placement agent for the offering.
  • The gross proceeds to Presto from this offering are expected to be approximately $1.2 million, before deducting Chardan’s fees and other offering expenses payable by Presto.
  • Presto intends to use the net proceeds from this offering for working capital and general corporate purposes.

Grafana Labs Announces Updates to Kubernetes Monitoring Solution, Open Source Innovations, and Findings from 2024 Observability Survey

Retrieved on: 
Tuesday, March 12, 2024

The company also released the findings from its second annual Observability Survey which provides insight into the evolving observability market.

Key Points: 
  • The company also released the findings from its second annual Observability Survey which provides insight into the evolving observability market.
  • With the new Grafana Kubernetes Monitoring Helm chart, it’s easier to send metrics, logs, events, traces, and cost metrics to Grafana Cloud.
  • Kubernetes support in Beyla : Grafana Labs’ 2024 Observability Survey found that eBPF is one of the technologies respondents are most excited about.
  • Grafana Operator migration : Grafana Operator, the open source Kubernetes operator that helps you manage your Grafana instances within and outside of Kubernetes, will now officially be managed by Grafana Labs.

WOO X partners with global top trader Pulsar to boost liquidity

Retrieved on: 
Wednesday, March 6, 2024

Pulsar's global track record and expertise in providing liquidity on innovative products resonate closely with our strategic vision.

Key Points: 
  • Pulsar's global track record and expertise in providing liquidity on innovative products resonate closely with our strategic vision.
  • It's important to note that our focus at WOO X, lies in collaborating with institutional partners who can leverage WOO X’s capabilities to maximize their performance,” said Willy Chuang, COO of WOO X.
  • We are excited to join forces with WOO X and collectively advance the global crypto system with a focus on transparency and trust,” Pulsar CEO Jacky Chung said for his part.
  • On March 5th, WOO X expanded its designated market maker (DMM) program to include spot assets , further enhancing its liquidity offerings.

Presto to Report Fiscal Second Quarter 2024 Financial Results

Retrieved on: 
Friday, March 1, 2024

SAN CARLOS, Calif., March 01, 2024 (GLOBE NEWSWIRE) -- Presto Automation Inc. (Nasdaq:PRST) (“Presto” or the “Company”), one of the largest drive-thru automation technology providers in the hospitality industry, today announced that the Company will release its fiscal second quarter 2024 financial results on Tuesday, March 05, 2024.

Key Points: 
  • SAN CARLOS, Calif., March 01, 2024 (GLOBE NEWSWIRE) -- Presto Automation Inc. (Nasdaq:PRST) (“Presto” or the “Company”), one of the largest drive-thru automation technology providers in the hospitality industry, today announced that the Company will release its fiscal second quarter 2024 financial results on Tuesday, March 05, 2024.
  • Presto management will host a conference call at 5:00 p.m. Eastern Time on that day to discuss the financial results and other business highlights.

Presto Automation Announces Pricing of Approximately $2.1M Registered Direct Offering

Retrieved on: 
Thursday, February 29, 2024

The offering is expected to close on or about March 4, 2024, subject to the satisfaction of customary closing conditions.

Key Points: 
  • The offering is expected to close on or about March 4, 2024, subject to the satisfaction of customary closing conditions.
  • Chardan and Spartan are acting as joint placement agents for the offering.
  • The gross proceeds to Presto from this offering are expected to be approximately $2.1 million, before deducting Chardan and Spartan’s fees and other offering expenses payable by Presto.
  • Presto intends to use the net proceeds from this offering for working capital and general corporate purposes.

Climate First Bank Enhances ATM Network through NCR Atleos Allpoint Network, and Adds Staff to Support National Growth

Retrieved on: 
Wednesday, February 14, 2024

Now with customers in 49 states, the bank has also onboarded five new team members to support its rapid growth.

Key Points: 
  • Now with customers in 49 states, the bank has also onboarded five new team members to support its rapid growth.
  • The Allpoint Network allows cash deposits in more than 30 states and users can use the Allpoint mobile app to find the closest Allpoint ATM location to them.
  • Adding Allpoint to Climate First Bank’s other networks, including Presto and Moneypass ATM systems, Climate First Bank account holders have access to over 60,000 ATMs nationwide.
  • “By leveraging the Allpoint Network, our account holders can utilize their Climate First Bank account anywhere, at any time.

Westpac Banking Corporation Digital Transformation Strategies Report 2023: Technology Focus, Initiatives, Venture Arm, Investments, Acquisitions, Partnerships, ICT Budget and Contracts

Retrieved on: 
Friday, January 12, 2024

DUBLIN, Jan. 12, 2024 /PRNewswire/ -- The "Westpac Banking Corporation - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 12, 2024 /PRNewswire/ -- The "Westpac Banking Corporation - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering.
  • This report provides insight into Westpac's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.
  • Westpac Banking (Westpac) is a provider of personal, private, business, and corporate banking solutions.
  • Westpac provides retirement planning, advisory, merchant solutions, foreign exchange, industry-specific banking, capital advisory, transaction banking, and financial market solutions.

Accredo Packaging and Fresh-Lock Collaborate to Launch a More Sustainable and Child-Resistant Stand-Up Pouch

Retrieved on: 
Tuesday, January 9, 2024

The API Group and its subsidiary Accredo Packaging , a manufacturer of more sustainable packaging solutions in the food and consumer products markets, collaborate with the Fresh-Lock team at Presto Products, a business of Reynolds Consumer Products, to introduce a first-of-its-kind flexible stand-up pouch utilizing more than 50% Post-Consumer Recycled (PCR) content fit for food packaging throughout the package.

Key Points: 
  • The API Group and its subsidiary Accredo Packaging , a manufacturer of more sustainable packaging solutions in the food and consumer products markets, collaborate with the Fresh-Lock team at Presto Products, a business of Reynolds Consumer Products, to introduce a first-of-its-kind flexible stand-up pouch utilizing more than 50% Post-Consumer Recycled (PCR) content fit for food packaging throughout the package.
  • Coupling Fresh-Lock’s Child-Guard® slider technology and the AccredoFlex range of recycled content films results in an unmatched percentage of recycled content in both the film and the zipper closure, pushing the limits of what's possible in food packaging with recycled content.
  • The collaboration offers a child-resistant track that contains at least 25% PCR material while maintaining dependable protection and a recyclable child-safe closure.
  • “Flexible packaging continues to make great strides in sustainability beyond just the source reduction benefits from rigids.

EVCS and Presto Announce Strategic Partnership for Fleet Charging

Retrieved on: 
Thursday, January 11, 2024

LOS ANGELES, Jan. 11, 2024 /PRNewswire/ -- EVCS, one of the largest electric vehicle (EV) fast-charging network operators on the West Coast, and Presto Charging, a leading EV charging software platform, proudly announced their strategic partnership today. Presto's EV customers, such as fleets, mobility providers, and businesses, will now have direct access to EVCS' network of over 1,000 chargers on the West Coast.

Key Points: 
  • LOS ANGELES, Jan. 11, 2024 /PRNewswire/ -- EVCS , one of the largest electric vehicle (EV) fast-charging network operators on the West Coast, and Presto Charging, a leading EV charging software platform, proudly announced their strategic partnership today.
  • Through the Presto app, fleets will be able to locate EVCS sites, access live status information of chargers' availability, and initiate charging sessions, making the fast charging experience convenient, reliable, and seamless.
  • Presto's fleet customers can benefit from special rates at EVCS locations via Presto's charging offers.
  • "We are excited to bring the EVCS network to the Presto app," said Karim Farhat, EVCS Chief Commercial Officer.

Redpanda Cloud Adds Support for AWS Graviton to Improve Data Streaming Cost-Efficiency up to 50%

Retrieved on: 
Monday, November 27, 2023

LAS VEGAS, Nev., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Streaming data pioneer Redpanda announced today at AWS re:Invent 2023 a number of advanced new capabilities for Redpanda Cloud, the company’s powerful and easy-to-use streaming data service.

Key Points: 
  • LAS VEGAS, Nev., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Streaming data pioneer Redpanda announced today at AWS re:Invent 2023 a number of advanced new capabilities for Redpanda Cloud, the company’s powerful and easy-to-use streaming data service.
  • The latest Redpanda Cloud update also brings a managed Apache Iceberg connector for easier data lake integration, and a simple user interface for schema registry management.
  • Redpanda’s industry-first Bring Your Own Cloud (BYOC) deployment option solves the challenges of data sovereignty in the cloud.
  • These efficiencies extend cost-savings previously available with Redpanda BYOC and unlock a broad range of new streaming data use cases in the cloud.