KLR

Kaleyra, Inc. Stockholders Approve Proposed Acquisition by Tata Communications Limited

Retrieved on: 
Thursday, September 28, 2023

NEW YORK, Sept. 28, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE: KLR) ("Kaleyra" or the "Company"), announced that at a special meeting of stockholders held earlier today, the stockholders of the Company have approved all proposals related to the proposed acquisition of the Company by Tata Communications Limited, a company listed on BSE Limited and National Stock Exchange of India Limited.

Key Points: 
  • NEW YORK, Sept. 28, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE: KLR) ("Kaleyra" or the "Company"), announced that at a special meeting of stockholders held earlier today, the stockholders of the Company have approved all proposals related to the proposed acquisition of the Company by Tata Communications Limited, a company listed on BSE Limited and National Stock Exchange of India Limited.
  • The final results will be available on a Current Report on Form 8-K to be filed by the Company.
  • As a result, the closing of the transaction is expected to occur on October 5, 2023, subject to the satisfaction of the remaining closing conditions.
  • Shares of Kaleyra will cease trading and will no longer be listed on the NYSE exchange following the closing of the transaction.

Kaleyra Appointed by stc Bahrain As Exclusive Omnichannel Partner

Retrieved on: 
Thursday, September 21, 2023

NEW YORK, Sept. 21, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), a rapidly growing omnichannel business communications platform, announced today an exclusive partnership with stc Bahrain, a world-class digital enabler. As the exclusive provider of omnichannel services, Kaleyra will support stc Bahrain in delivering personalized, flexible communication to its customers and enabling enterprise brands to do the same.

Key Points: 
  • NEW YORK, Sept. 21, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), a rapidly growing omnichannel business communications platform, announced today an exclusive partnership with stc Bahrain, a world-class digital enabler.
  • As the exclusive provider of omnichannel services, Kaleyra will support stc Bahrain in delivering personalized, flexible communication to its customers and enabling enterprise brands to do the same.
  • "We are thrilled to partner with stc Bahrain to combine their network and reputation in the market with Kaleyra's technological proficiency," said Ahmad Alghazawi, Director of Carrier and Partner Relations.
  • stc Bahrain's Chief Business Officer, Mr. Hesham Mustafa commented, "We are excited to join forces with Kaleyra, a global leader in omnichannel business communications.

Kaleyra, Inc. Special Meeting Reminder and Announcement of Recommendations by ISS and Glass Lewis that Stockholders Vote FOR the Proposed Merger

Retrieved on: 
Wednesday, September 20, 2023

NEW YORK, Sept. 20, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE: KLR) ("Kaleyra" or the "Company"), a global omnichannel integrated communication services provider with a set of proprietary platforms, offering targeted personalisation through messaging, video, push notifications, e-mail and voice-based services, and chatbots, would like to remind stockholders that its Special Meeting of Stockholders (the "Special Meeting") to consider and vote on the adoption of the Agreement and Plan of Merger (the "Merger Agreement") entered into by the Company with Tata Communications Limited, a company listed on BSE Limited and National Stock Exchange of India Limited ("Tata Communications"), pursuant to which TC Delaware Technologies Inc., a Delaware corporation and wholly owned subsidiary of Tata Communications ("Merger Sub"), will merge with and into the Company, with the Company surviving as a wholly owned subsidiary of Tata Communications (the "Merger").  

Key Points: 
  • Stockholders are encouraged to vote as soon as possible by Proxy in advance of the Special Meeting by one of the methods described in the Proxy Statement previously distributed to stockholders.
  • In addition, the Company announced that leading independent proxy advisory firms Institutional Shareholder Services ("ISS") and Glass, Lewis & Co. ("Glass Lewis") have recommended that Kaleyra stockholders vote FOR the approval and adoption of the Merger Agreement and the Merger at the Special Meeting.
  • "We look forward to our Special Meeting of stockholders next week and ultimately completing our transaction with Tata Communications."
  • All stockholders of record as of the close of business on August 8, 2023 are entitled to vote at the Special Meeting.

SHAREHOLDER ALERT: Morris Kandinov Investigating JRVR, EGIO, KLR, and SOVO; Shareholders are Encouraged to Contact the Firm

Retrieved on: 
Friday, September 8, 2023

Morris Kandinov is investigating James River Group Holdings regarding possible breaches of fiduciary duties and other violations of law on behalf of shareholders.

Key Points: 
  • Morris Kandinov is investigating James River Group Holdings regarding possible breaches of fiduciary duties and other violations of law on behalf of shareholders.
  • Morris Kandinov is investigating Edgio, Inc. f/k/a Limelight Networks, Inc. regarding possible breaches of fiduciary duties and other violations of law, including securities claims on behalf of shareholders.
  • Morris Kandinov is investigating possible breaches of fiduciary duties and other violations of law related to Kaleyra, Inc.’s agreement to be acquired by Tata Communications.
  • Concerned shareholders are encouraged to contact Leo Kandinov to learn more:

KALEYRA INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Kaleyra, Inc. - KLR

Retrieved on: 
Monday, August 28, 2023

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Kaleyra, Inc. (NYSE: KLR) to Tata Communications.

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Kaleyra, Inc. (NYSE: KLR) to Tata Communications.
  • Under the terms of the proposed transaction, shareholders of Kaleyra will receive $7.25 in cash for each share of Kaleyra that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

Kaleyra and Talisma Partner in India to Enhance Customer Experience with Real-Time Video and Co-Browsing

Retrieved on: 
Tuesday, August 22, 2023

Ltd, a leading provider of customer experience solutions based in Bangalore, India.

Key Points: 
  • Ltd, a leading provider of customer experience solutions based in Bangalore, India.
  • The partnership agreement enhances the customer experience by adding Kaleyra Video, a WebRTC audio and video calling tool, to Talisma's Customer Relationship Management & Digital Engagement Platform.
  • Talisma's Digital Engagement Platform offers an exceptional customer experience across an omnichannel journey featuring a plethora of communication channels and messaging optimization tools.
  • Kaleyra Video is the most customizable audio and video WebRTC calling product on the market, guaranteeing a industry-leading customer experience through high quality and secure calls."

Kaleyra Announces Changes in Management Team

Retrieved on: 
Friday, August 11, 2023

NEW YORK, Aug. 11, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), an enterprise Communication Platform as a Service (CPaaS), announces certain management changes. 

Key Points: 
  • Kaleyra announces changes in the management team: Nicola Junior Vitto departure and new appointment of Mauro Carobene
    NEW YORK, Aug. 11, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), an enterprise Communication Platform as a Service (CPaaS), announces certain management changes.
  • Nicola Vitto has announced his resignation from his position as Chief Product & Technology Officer of Kaleyra, Inc. (the "Company"), with such resignation to become effective on September 4, 2023.
  • In connection with the execution of the Merger Agreement, the Company has ceased its search for a new Chief Executive Officer.
  • At the same time, I want to personally congratulate Mauro for the nomination as Head of the Kaleyra Business."

Kaleyra Announces Second Quarter 2023 Results

Retrieved on: 
Monday, August 7, 2023

NEW YORK, Aug. 7, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), a growing omnichannel business communications platform, reported financial results for the second quarter ended June 30, 2023. 

Key Points: 
  • NEW YORK, Aug. 7, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), a growing omnichannel business communications platform, reported financial results for the second quarter ended June 30, 2023.
  • "Turning to our second quarter results, we continued to deliver topline results, showing consistent year over year growth, focusing on our higher margin businesses.
  • Results compare the 2023 second quarter ended June 30, 2023, to the second quarter ended June 30, 2022, unless otherwise indicated.
  • Gross margin for the second quarter of 2023 was 25.1% compared to 23.0% for the second quarter of 2022.

Kaleyra Brings WhatsApp Business Platform To US Solution Portfolio To Enhance Customer Engagement

Retrieved on: 
Wednesday, July 26, 2023

NEW YORK, July 26, 2023 /PRNewswire/ -- Kaleyra , Inc. (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), a rapidly growing omnichannel business communications platform, announced today that the WhatsApp Business Platform is now part of its omnichannel offering in the United States.

Key Points: 
  • NEW YORK, July 26, 2023 /PRNewswire/ -- Kaleyra , Inc. (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), a rapidly growing omnichannel business communications platform, announced today that the WhatsApp Business Platform is now part of its omnichannel offering in the United States.
  • Kaleyra has been a Solution Provider for the WhatsApp Business Platform since 2019, with successful implementations across sectors ranging from fintech to retail in India and Europe.
  • Access to the WhatsApp Business Platform via Kaleyra offers:
    "We are excited to launch the WhatsApp Business Platform in the US via our proprietary omnichannel platform," said Mauro Carobene, Chief Business Officer of Kaleyra.
  • The addition of the WhatsApp Business Platform to Kaleyra's integrated omnichannel product offering gives US enterprise brands an additional touchpoint to engage customers with personalized communications.

Lifshitz Law PLLC Announces Investigations of KLR, CFMS, TALS, and SGTX

Retrieved on: 
Sunday, July 16, 2023

Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of KLR to Tata Communications Limited for $7.25 per share in cash.

Key Points: 
  • Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of KLR to Tata Communications Limited for $7.25 per share in cash.
  • Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of CFMS to Restor3d, Inc. for $2.27 per share in cash.
  • Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the merger of TALS and Tourmaline Bio, Inc.
  • The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780.