Todd Pedersen

Vivint Smart Home Announces Management Changes

Retrieved on: 
Tuesday, March 3, 2020

Vivint Smart Home, Inc. (NYSE:VVNT) a leading smart home company, today announced the following management changes.

Key Points: 
  • Vivint Smart Home, Inc. (NYSE:VVNT) a leading smart home company, today announced the following management changes.
  • Alex J. Dunn is stepping down as president of Vivint Smart Home after 14 years at the company.
  • I am deeply grateful to Alex for helping Vivint become a leading smart home provider, said Todd Pedersen, CEO of Vivint Smart Home.
  • You should read the documents Vivint Smart Home has filed with the Securities and Exchange Commission (SEC) for more complete information about the Vivint Smart Home.

Vivint Smart Home and Mosaic Acquisition Corp. Complete Merger

Retrieved on: 
Friday, January 17, 2020

Vivint Smart Home, Inc. (Vivint) and Mosaic Acquisition Corp. (NYSE: MOSC; Mosaic), today announced the completion of the previously announced transaction between Vivint and Mosaic, which results in Vivint becoming a publicly traded company.

Key Points: 
  • Vivint Smart Home, Inc. (Vivint) and Mosaic Acquisition Corp. (NYSE: MOSC; Mosaic), today announced the completion of the previously announced transaction between Vivint and Mosaic, which results in Vivint becoming a publicly traded company.
  • Existing Vivint investors and new investors supporting the transaction include affiliates of Blackstone and Fortress Investment Group LLC, and anchor investors of Mosaic.
  • Completing our merger with Mosaic and becoming a publicly traded company is an important milestone for Vivint, said Todd Pedersen.
  • Mosaic Acquisition Corp. is a special purpose acquisition company formed by Mosaic Sponsor, LLC and Fortress Mosaic Sponsor LLC for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Vivint Smart Home and Mosaic Acquisition Corp. Provide Update on Upcoming Special Meeting of Mosaic Stockholders

Retrieved on: 
Monday, January 6, 2020

Vivint Smart Home, Inc. (Vivint) and Mosaic Acquisition Corp. (NYSE: MOSC; Mosaic) today updated investors about the Mosaic Special Meeting of Stockholders to be held on January 17, 2020.

Key Points: 
  • Vivint Smart Home, Inc. (Vivint) and Mosaic Acquisition Corp. (NYSE: MOSC; Mosaic) today updated investors about the Mosaic Special Meeting of Stockholders to be held on January 17, 2020.
  • Todd Pedersen, Founder and CEO of Vivint, commented, Vivint is in the early stages of a massive opportunity and is ready to capitalize on this growth potential.
  • Blackstone and other existing investors of Vivint are expected to own a majority of the outstanding shares of Vivint immediately following the merger.
  • Beginning on December 3, 2019, a definitive proxy statement/consent solicitation statement/prospectus was sent to the stockholders of Mosaic and Vivint.

Vivint Smart Home Announces CFO Transition

Retrieved on: 
Tuesday, October 15, 2019

Vivint Smart Home, a leading smart home company, today announced that Mark Davies, chief financial officer, will be stepping down from his role to pursue a CFO opportunity outside of the smart home industry.

Key Points: 
  • Vivint Smart Home, a leading smart home company, today announced that Mark Davies, chief financial officer, will be stepping down from his role to pursue a CFO opportunity outside of the smart home industry.
  • Mark has created a talented and experienced finance team with a solid track record of growth and financial discipline, said Todd Pedersen, CEO of Vivint Smart Home.
  • Vivint Smart Home is a leading smart home company in North America.
  • Vivint delivers an integrated smart home system with in-home consultation, professional installation and support delivered by its Smart Home Pros, as well as 24/7 customer care and monitoring.