Minim

SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates FREE, HRT, SCX, MINM

Retrieved on: 
Wednesday, March 27, 2024

HireRight Holdings Corporation (NYSE: HRT)’s sale to affiliates of General Atlantic, L.P. and Stone Point Capital LLC for $14.35 per share in cash.

Key Points: 
  • HireRight Holdings Corporation (NYSE: HRT)’s sale to affiliates of General Atlantic, L.P. and Stone Point Capital LLC for $14.35 per share in cash.
  • If you are a HireRight shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER ALERT: The M&A Class Action Launches Investigation of the Merger – SDPI, MINM, SCX, AKTX

Retrieved on: 
Friday, March 15, 2024

Under the terms of the agreement, SDPI shareholders are expected to receive a combination of cash and Drilling shares.

Key Points: 
  • Under the terms of the agreement, SDPI shareholders are expected to receive a combination of cash and Drilling shares.
  • Minim, Inc. (Nasdaq: MINM ), relating to its proposed merger with e2Companies, LLC.
  • Under the terms of the agreement, MINM shareholders are expected to own approximately 3% of the combined company.
  • Akari Therapeutics, PLC (Nasdaq: AKTX ), relating to its proposed merger with Peak Bio Inc. Click here for more information: https://www.monteverdelaw.com/case/akari-therapeutics-plc .

SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates VIVK, MINM, SDPI, AKTX

Retrieved on: 
Friday, March 15, 2024

If you are a Vivakor shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Vivakor shareholder, click here to learn more about your rights and options .
  • If you are a Minim shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Minim Inc. Responds to Unusual Trading

Retrieved on: 
Thursday, November 30, 2023

MANCHESTER, NH, Nov. 30, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire –Manchester based Minim Inc. issued the following statement regarding unusual trading in its common stock.

Key Points: 
  • MANCHESTER, NH, Nov. 30, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire –Manchester based Minim Inc. issued the following statement regarding unusual trading in its common stock.
  • Normally, the Company does not comment on market activity or rumors.
  • However, Minim is not aware of any material, undisclosed information related to the Company that would account for the recent increase in the market price and increase in the level of trading volume of its shares.

Minim Announces CFO Resignation and Transition Plan

Retrieved on: 
Thursday, August 10, 2023

His resignation is not the result of any dispute or disagreement with the company.

Key Points: 
  • His resignation is not the result of any dispute or disagreement with the company.
  • Mr. Tacker is committed to an orderly transition of his duties and will stay with the company until the earlier of August 31, 2023 or when the Company and Mr. Tacker agree.
  • Minim has launched a formal search process to identify Mr. Tacker's permanent replacement.
  • In the interim, inquiries and referrals may be sent to [email protected] .

ATX Networks Appoints Sandy Howe to Board of Directors

Retrieved on: 
Wednesday, July 26, 2023

ATX Networks , a global leader in broadband access and media distribution solutions, announced the appointment of Sandy Howe to the ATX Board of Directors.

Key Points: 
  • ATX Networks , a global leader in broadband access and media distribution solutions, announced the appointment of Sandy Howe to the ATX Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20230726264548/en/
    ATX Networks Appoints Sandy Howe to Board of Directors (Photo: Business Wire)
    "Sandy's exceptional background in operations and technology along with 25-plus years of industry experience make her a highly valuable addition to our Board of Directors," said Dan Whalen, President and CEO of ATX Networks.
  • Howe has held senior executive roles in the communications and media industries, including broadcast, 5G Wireless, IP and fiber networks.
  • In 2019, Howe was elected to the board of directors of NCTA – The Internet & Television Association, which represents the largest cable and media companies in legislative and regulatory matters.

Minim Announces CEO Transition

Retrieved on: 
Friday, April 7, 2023

MANCHESTER, NH, April 07, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Minim, Inc. (Nasdaq: MINM), the creator of home networking products and software under the globally-recognized Motorola brand, announces Jeremy Hitchcock has been named Executive Chairman.

Key Points: 
  • MANCHESTER, NH, April 07, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Minim, Inc. (Nasdaq: MINM), the creator of home networking products and software under the globally-recognized Motorola brand, announces Jeremy Hitchcock has been named Executive Chairman.
  • Mr. Hitchcock is the Founder, Chairman and Former CEO of Minim and Dyn (ACQ: Oracle).
  • He assumes his responsibilities effective immediately succeeding Mehul Patel who has stepped down from his role as Chief Executive Officer to pursue other career opportunities.
  • Prior to Minim, Mr. Hitchcock co-founded Dyn, an Internet data company acquired by Oracle in 2017 for over $600 million.

Minim, Inc. Announces Reverse Stock Split

Retrieved on: 
Friday, March 31, 2023

The reverse stock split will become effective at 12:01 a.m. Eastern Time on April 17, 2023 and Minim anticipates the Company’s common stock will open for trading on The Nasdaq Capital Market on a post-split basis on April 17, 2023 under the Company’s existing trading symbol, “MINM.”

Key Points: 
  • The reverse stock split will become effective at 12:01 a.m. Eastern Time on April 17, 2023 and Minim anticipates the Company’s common stock will open for trading on The Nasdaq Capital Market on a post-split basis on April 17, 2023 under the Company’s existing trading symbol, “MINM.”
    The reverse stock split is being implemented to increase the per share trading price of the Company’s common stock, for the purpose of ensuring a share price complying with the minimum $1.00 bid price requirement for continued listing on The Nasdaq Capital Market.
  • At the effective time of the reverse stock split, every twenty-five (25) shares of Minim common stock issued and outstanding will be combined into one (1) share of common stock issued and outstanding, with no change to the par value of $0.01 per share.
  • No fractional shares of common stock will be issued as a result of the reverse stock split and instead holders of Minim common stock will receive a cash payment in lieu of fractional shares to which they would otherwise be entitled.
  • Beneficial holders of Minim common stock are encouraged to contact their bank, broker, custodian or other nominee with questions regarding procedures for processing the reverse stock split.

Minim Reports Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Wednesday, March 29, 2023

Full Year 2022 Financial Highlights:

Key Points: 
  • Full Year 2022 Financial Highlights:
    ● Net revenue of $50.6 million, down 8.7% compared to $55.4 million in 2021.
  • Net revenue in the fourth quarter of 2022 was $10.6 million, an increase of 1.4% compared to $10.5 million in the fourth quarter of 2021.
  • At the end of the fourth quarter of 2022, the company had $1.0 million of cash, cash equivalents and restricted cash compared to $1.9 million at the end of the third quarter of 2022.
  • Inventory at the end of Q4 2022 was $25.4 million compared to $30.3 million at the end of Q3 2022.

Minim to Enhance User Experience With Launch of Support+ On motosync App

Retrieved on: 
Thursday, February 9, 2023

MANCHESTER, NH, Feb. 09, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Minim, Inc. (NASDAQ: MINM), the creator of intelligent networking products under the Motorola brand, today announced the launch of Support+, an upcoming premium support subscription that offers a greatly enhanced end-to-end customer support experience. Available to app users from June 2023, the Support+ subscription provides users access to 24/7 tech support, priority queueing and callback requests.

Key Points: 
  • Available to app users from June 2023, the Support+ subscription provides users access to 24/7 tech support, priority queueing and callback requests.
  • Launching in June of 2023, the Support+ subscription costs $36.99 annually for full access to the enhanced support experience.
  • “The Minim solution powers over a million networks through the motosync mobile app, so providing an excellent user experience is our top priority,” said Minim CEO Mehul Patel.
  • The Support+ subscription will launch in the motosync app in June 2023 for $36.99 annually.