NAPCO

NAPCO ALERT: Bragar Eagel & Squire, P.C. is Investigating NAPCO Security Technologies, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, April 2, 2024
NAPCO, Napco Security Technologies, Telephone, P.C, COGS, NSSC

NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against NAPCO Security Technologies, Inc. (NASDAQ: NSSC) on behalf of long-term stockholders following a class action complaint that was filed against NAPCO on August 29, 2023 with a Class Period from November 7, 2022 to August 18, 2023.

Key Points: 
  • NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against NAPCO Security Technologies, Inc. (NASDAQ: NSSC) on behalf of long-term stockholders following a class action complaint that was filed against NAPCO on August 29, 2023 with a Class Period from November 7, 2022 to August 18, 2023.
  • Our investigation concerns whether the board of directors of NAPCO have breached their fiduciary duties to the company.
  • If you are a long-term stockholder of NAPCO, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at [email protected] , by telephone at (212) 355-4648, or by filling out this contact form .
  • There is no cost or obligation to you.

NAPCO SECURITY INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of NAPCO Security Technologies, Inc. - NSSC

Retrieved on: 
Friday, March 22, 2024
Class Action Lawsuit, Professional Services, Legal, KSF, NAPCO, COGS, NSSC

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into NAPCO Security Technologies, Inc. (NasdaqGS: NSSC).

Key Points: 
  • Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into NAPCO Security Technologies, Inc. (NasdaqGS: NSSC).
  • KSF’s investigation is focusing on whether NAPCO’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.
  • About Kahn Swick & Foti, LLC
    KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms.
  • KSF has offices in New York, Delaware, California, Louisiana and New Jersey.

Judicial Leaders Praise Federal Bill to Protect State Judges

Retrieved on: 
Thursday, March 21, 2024
Congress, Conference, Shoulder, AJA, NAPCO, Education, National Council, Violence, Research, Family court, Eye, Woman, NDAA, State court, Safety, State, NACM, Legislation, Senator, National Association, State Justice Institute, Sheldon Whitehouse, CCJ, NCSC

WILLIAMSBURG, Va., March 21, 2024 /PRNewswire/ -- National court leaders, including the National Center for State Courts, praised the introduction of new legislation in the United States Congress designed to help state courts address escalating threats of violence against judges, court staff, and the public.

Key Points: 
  • WILLIAMSBURG, Va., March 21, 2024 /PRNewswire/ -- National court leaders, including the National Center for State Courts, praised the introduction of new legislation in the United States Congress designed to help state courts address escalating threats of violence against judges, court staff, and the public.
  • The legislation comes on the heels of a surge in both threats and actual acts of violence against judges across America.
  • "In just the last several years, we have seen sitting state court judges, retired judges and family members threatened, assaulted, and even killed by disgruntled people," said Greg Sattizahn, president of the Conference of State Court Administrators (COSCA).
  • The bill will establish a State Judicial Threat Intelligence and Resource Center to provide technical assistance, training, and monitoring of threats for state and local judges and court personnel; provide physical security assessments; and coordinate research to identify, examine, and advance best practices around court security.

NAPCO Security Technologies To Attend the J.P. Morgan Industrials Conference Thursday, March 14, 2024, in New York City

Retrieved on: 
Tuesday, March 12, 2024
NAPCO, Conference, J. P. Morgan, Madison Avenue, Communication, NSSC, Cryptocurrency

NAPCO management will host meetings at the Conference on March 14.

Key Points: 
  • NAPCO management will host meetings at the Conference on March 14.
  • The annual run rate for recurring revenue is now $76.5 million based on January 2024 recurring revenues.
  • In addition, we will be discussing the recent introduction of Prima by NAPCO, a new All-in-One Panel for security, fire, video and connected home which addresses an important mass segment of the security market including residential and small business systems.
  • To receive additional information, request an in person one on one invitation, please contact your J.P. Morgan sales representative or Francis Okoniewski, Vice President, Investor Relations for NAPCO at [email protected] .

NAPCO SECURITY INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of NAPCO Security Technologies, Inc. - NSSC

Retrieved on: 
Monday, February 26, 2024
Class Action Lawsuit, Professional Services, Legal, KSF, NAPCO, NSSC, COGS

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into NAPCO Security Technologies, Inc. (NasdaqGS: NSSC).

Key Points: 
  • Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into NAPCO Security Technologies, Inc. (NasdaqGS: NSSC).
  • KSF’s investigation is focusing on whether NAPCO’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.
  • About Kahn Swick & Foti, LLC
    KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms.
  • KSF has offices in New York, Delaware, California, Louisiana and New Jersey.

NAPCO Security Technologies Announces Pricing of Secondary Public Offering of Up to 2,300,000 Shares of Common Stock by Selling Stockholder

Retrieved on: 
Wednesday, March 6, 2024
NAPCO, Lexington Avenue, Prospectus, Telephone, Sale, Form, Communication, Needham & Company, Security (finance), NSSC, Offering

The shares are being sold by the Company's Chairman of the Board and President and Chief Executive Officer, Richard L. Soloway (the "Selling Stockholder").

Key Points: 
  • The shares are being sold by the Company's Chairman of the Board and President and Chief Executive Officer, Richard L. Soloway (the "Selling Stockholder").
  • Additionally, the Selling Stockholder has granted the underwriters a 30-day option to purchase from the Selling Stockholder up to an additional 300,000 shares of common stock at the public offering price.
  • The Company is not issuing or selling any shares of common stock in the Offering and therefore will not receive any of the proceeds from the sale of common stock in the Offering by the Selling Stockholder.
  • The securities described above are being offered by the Selling Stockholder pursuant to an effective registration statement on Form S-3ASR (File No.

NAPCO Security Technologies Announces Secondary Public Offering of Shares of Common Stock by Selling Stockholder

Retrieved on: 
Tuesday, March 5, 2024
NAPCO, Lexington Avenue, Prospectus, Telephone, Sale, Form, Communication, Needham & Company, Security (finance), NSSC

The Selling Stockholder expects to grant the underwriters a 30-day option to purchase additional shares of common stock at the public offering price, less underwriting discounts and commissions.

Key Points: 
  • The Selling Stockholder expects to grant the underwriters a 30-day option to purchase additional shares of common stock at the public offering price, less underwriting discounts and commissions.
  • NAPCO is not issuing or selling any shares of common stock in the offering and therefore will not receive any of the proceeds from the sale of the outstanding shares of common stock by the Selling Stockholder, and the offering will not result in dilution to existing stockholders.
  • Needham & Company and TD Cowen are acting as joint book-runners for the offering, and D.A.
  • A copy of the preliminary prospectus supplement and the accompanying prospectus relating to and describing the offering will be filed with the SEC.

NAPCO Reports Record Revenues, Net Income and Adjusted EBITDA* for Q2 of Fiscal 2024

Retrieved on: 
Monday, February 5, 2024
Growth, Research, Health, NSSC, Adjustment, Investment, Radio, Napco Security Technologies, Communication, Webcast, NAPCO, Bookkeeping

Net income for the quarter increased 221% to a quarterly record $12.6 million as compared to $3.9 million for the same period a year ago.

Key Points: 
  • Net income for the quarter increased 221% to a quarterly record $12.6 million as compared to $3.9 million for the same period a year ago.
  • Net income for the six months ended December 31, 2023 increased 229% to a six month record $23.1 million as compared to $7.0 million last year.
  • Net income of $12.6 million, besides being a Q2 record breaker, represents 27% of our net sales.
  • Adjusted EBITDA* of $15.1 million,  also a Q2 record, represents an Adjusted EBITDA* margin of 32%.

NAPCO Security Technologies to Announce Fiscal Second Quarter 2024 Results Monday, February 5, 2023

Retrieved on: 
Wednesday, January 31, 2024
NSSC, Webcast, Fiscal, Communication, NAPCO

ET.

Key Points: 
  • ET.
  • The call will be webcast and in order to participate please go to the Investor Relations section of the Company website at https://investor.napcosecurity.com .
  • Alternatively, interested parties may participate in the call by dialing (US) 1-800-836-8184 or for international callers, 1-646-357-8785.
  • A replay of the webcast will be available on the Investor Relations section of the Company's website.

NAPCO Security Technologies To Present at the 26th Annual Needham Growth Conference Thursday, January 18, 2024 10:15 AM ET

Retrieved on: 
Tuesday, January 16, 2024
NAPCO, Conference, NSSC, PR Newswire, Communication

NAPCO management is scheduled to present at 10:15 AM ET on Thursday, January 18 and host in person meetings that day.

Key Points: 
  • NAPCO management is scheduled to present at 10:15 AM ET on Thursday, January 18 and host in person meetings that day.
  • The annual run rate for recurring revenue is now $72.5 million based on October 2023 recurring revenues.
  • The presentation will be webcast live and interested parties can find a link to the webcast on the Investor Relations section of the website ( www.napcosecurity.com ).
  • To receive additional information, request an in person one on one invitation or Zoom invitation, please contact your Needham sales representative or Francis Okoniewski, Vice President, Investor Relations for NAPCO at [email protected] .