MIND

MIND Technology Announces Deferral of Preferred Stock Dividend

Retrieved on: 
Friday, April 5, 2024
Rights, MIND, The Company, Certificate, Holding company

THE WOODLANDS, Texas, April 5, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND) announced today that the Company's Board of Directors (the "Board") has elected not to declare a quarterly cash dividend on its 9.00% Series A Cumulative Preferred Stock ("Series A Preferred Stock") for the first quarter of its fiscal year ending January 31, 2025.

Key Points: 
  • THE WOODLANDS, Texas, April 5, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND) announced today that the Company's Board of Directors (the "Board") has elected not to declare a quarterly cash dividend on its 9.00% Series A Cumulative Preferred Stock ("Series A Preferred Stock") for the first quarter of its fiscal year ending January 31, 2025.
  • The Company may defer dividend payments on the Series A Preferred Stock, but the dividend is a cumulative dividend that accrues for payment in the future.
  • The deferral of the dividend on the Series A Preferred Stock for the first quarter of the fiscal year ending January 31, 2025 is the seventh quarterly dividend to be deferred.
  • Accordingly, holders of Series A Preferred Stock have the right to appoint two directors to the Board pursuant to the specific provisions of the Certificate of Designations, Preferences and Rights of MIND Technology, Inc. 9.00% Series A Cumulative Preferred Stock, as amended.

MIND Technology Proposes Amendment to Terms of Preferred Stock

Retrieved on: 
Monday, March 25, 2024
The Company, Virtual, Growth, Certificate, Rights, MIND, Security (finance)

THE WOODLANDS, Texas, March 25, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND; MINDP) announced today that it has begun soliciting proxies from holders of its 9% Series A Cumulative Preferred Stock (the "preferred stock") to approve an amendment to the Certificate of Designations, Preferences and Rights of the preferred stock.

Key Points: 
  • THE WOODLANDS, Texas, March 25, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND; MINDP) announced today that it has begun soliciting proxies from holders of its 9% Series A Cumulative Preferred Stock (the "preferred stock") to approve an amendment to the Certificate of Designations, Preferences and Rights of the preferred stock.
  • Under the proposed amendment, each share of preferred stock would be converted into 2.7 shares of common stock, $0.01 par value per share (the "common stock"), at the sole discretion of the Company's Board of Directors at any time prior to July 31, 2024 (the "Preferred Stock Proposal").
  • The affirmative vote of two-thirds (66 2/3%) of the outstanding shares of preferred stock is required for approval of the Preferred Stock Proposal.
  • "Based on the relative market values of the preferred stock and common stock as of March 11, 2024, a conversion would provide preferred stockholders approximately a 110% premium to the market value of the Preferred stock, with the potential to participate in the Company's further growth.

MARAbio appoints Gail S. Page as member of Board of Directors

Retrieved on: 
Thursday, March 14, 2024
Labcorp, Incidence, Physician, UC, Vermilion, Child, Pregnancy, Luminex, Water, MIND, University of California, Davis, Spectrum, Parent, Management

SALT LAKE CITY, March 14, 2024 /PRNewswire-PRWeb/ -- MARAbio, whose mission is to detect, treat, and prevent Maternal Autoantibody Related Autism (MARA), has appointed Gail S. Page to its Board of Directors. Ms. Page has more than 30 years of life sciences experience, and currently serves as a partner at pH Blueprint, a strategic advisory firm focused on collaborating with medical device, diagnostics, and biotech clients. She is also a Venture Partner at Turret Capital Management, a global healthcare investment and venture firm. Previously Ms. Page served in executive management roles with LabCorp and Roche Biomedical, as Chief Operating Officer at Luminex, and President & CEO of Vermillion, Inc. Her current and past board appointments include public and private companies.

Key Points: 
  • SALT LAKE CITY, March 14, 2024 /PRNewswire-PRWeb/ -- MARAbio , whose mission is to detect, treat, and prevent Maternal Autoantibody Related Autism (MARA), has appointed Gail S. Page to its Board of Directors.
  • She is also a Venture Partner at Turret Capital Management, a global healthcare investment and venture firm.
  • Page served in executive management roles with LabCorp and Roche Biomedical, as Chief Operating Officer at Luminex, and President & CEO of Vermillion, Inc.
  • "Gail brings significant insights and experience in the diagnostic and clinical lab sectors as a former CEO and other C-level positions, and we are very pleased to welcome her to MARAbio's Board of Directors," said Marnin Kligfeld, Chairman of the Board of MARAbio.

MIND Technology Announces Order for Ultra-High Resolution Survey System

Retrieved on: 
Monday, March 11, 2024
Sealink, MIND, The Company, ATLAS

THE WOODLANDS, Texas, March 11, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND) announced today that its Seamap unit has been awarded an order by ATLAS MARIDAN ApS, a company of the ATLAS ELEKTRONIK Group, to provide a specialized SeaLink 2-D & 3-D, ultra ultra-high resolution ("UUHR") seismic streamer system.

Key Points: 
  • THE WOODLANDS, Texas, March 11, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND) announced today that its Seamap unit has been awarded an order by ATLAS MARIDAN ApS, a company of the ATLAS ELEKTRONIK Group, to provide a specialized SeaLink 2-D & 3-D, ultra ultra-high resolution ("UUHR") seismic streamer system.
  • It is anticipated the system will be utilized in ultra-high resolution seismic site surveys in accordance with ISO19901 protocols.
  • The UUHR SeaLink systems can, we believe, be of great benefit in de-risking offshore windfarm installation by detecting sub-seafloor boulders and other geohazards.
  • We think this further establishes Seamap as a key supplier of equipment for renewable energy projects."

MIND CTI Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, March 6, 2024
Annual general meeting, Yokneam, Shareholder, BSS, Growth, Audit committee, Policy, MIND, Remuneration, Bank statement, Software, Video game

YOQNEAM, Israel, March 06, 2024 (GLOBE NEWSWIRE) -- MIND C.T.I. LTD. – (NasdaqGM: MNDO), a leading provider of convergent end-to-end prepaid/postpaid billing and customer care product based solutions for service providers, unified communications analytics and call accounting solutions for enterprises as well as enterprise messaging solutions, today announced results for its fourth quarter of 2023 and its full year ended December 31, 2023.

Key Points: 
  • The following will summarize our business in the fourth quarter of 2023 and provide a more detailed review of the financial results for the quarter and for the full year.
  • Operating income of $ 1.2 million, or 21% of total revenue, compared to $1.2 million, or 23% of revenue in the fourth quarter of 2022.
  • Net income of $1.4 million, or $0.06 per share, compared to $1.3 million, or $0.06 per share in the fourth quarter of 2022.
  • Cash flow from operating activities of $0.7 million, compared to $1.4 million in the fourth quarter of 2022.

The Modern Data Company Recognized in Gartner's Magic Quadrant for Data Integration

Retrieved on: 
Tuesday, January 23, 2024
Professional Services, Data Management, Technology, Software, Venture Capital, Artificial Intelligence, Data integration, Agility, Data management, AI, MIND, Organization, ROI, Retail

The Modern Data Company, recognized for its expertise in developing and managing advanced data products, is delighted to announce its distinction as an honorable mention in Gartner's 'Magic Quadrant for Data Integration Tools,' powered by our leading product, DataOS®.

Key Points: 
  • The Modern Data Company, recognized for its expertise in developing and managing advanced data products, is delighted to announce its distinction as an honorable mention in Gartner's 'Magic Quadrant for Data Integration Tools,' powered by our leading product, DataOS®.
  • This recognition is a testament to Modern Data’s alignment with the latest industry trends and our dedication to setting new standards in data integration and utilization.” – Srujan Akula, CEO of The Modern Data Company
    The inclusion in the Gartner report highlights The Modern Data Company's pivotal role in shaping the future of data integration.
  • Our innovative approach, embodied in DataOS, enables businesses to navigate the complexities of data management, transforming data into a strategic asset.
  • – Emma Spight, SVP Technology, MIND 24-7
    The Modern Data Company simplifies how organizations manage, access, and interact with data using its DataOS (data operating system) that unifies data silos, at scale.

New Study: ST Math Use Dramatically Increases Texas Students' STAAR Math Scores

Retrieved on: 
Wednesday, January 17, 2024
MIND, Student, Education, Aldine Independent School District, Mathematics, TEA, School, ALL, Nursing

Students who used ST Math with fidelity in the past three school years showed dramatic increases in their STARR Math performance levels—including 48% of students moving up at least one performance level.

Key Points: 
  • Students who used ST Math with fidelity in the past three school years showed dramatic increases in their STARR Math performance levels—including 48% of students moving up at least one performance level.
  • Brett Woudenberg, CEO of MIND Education: "We are pleased to see the positive impact ST Math is having on Texas students' math skills and self-confidence.
  • The study's findings showed ST Math positively impacted all student subgroups in Texas, one of the largest state populations.
  • The ST Math program is currently used by nearly 2,700 schools across Texas, and has been adopted by thousands more across the country.

PureSoftware Certified as a Great Place to Work® for the Third Time in a Row

Retrieved on: 
Tuesday, January 16, 2024
Research, Trust, Feedback, OWL, MIND, Workforce, Government, Certification, InTouch, Management

NOIDA, India, Jan. 16, 2024 /PRNewswire/ -- PureSoftware has become Great Place to Work® Certified in India (from January 2024 to January 2025) for the third consecutive year.

Key Points: 
  • NOIDA, India, Jan. 16, 2024 /PRNewswire/ -- PureSoftware has become Great Place to Work® Certified in India (from January 2024 to January 2025) for the third consecutive year.
  • PureSoftware has diligently worked on enhancing the employee experience through its people-centric policies and practices, aiming for continual improvement.
  • "Our core values have laid the groundwork for fostering an exceptional workplace that fosters high performance, trust, equality, integrity, and camaraderie.
  • Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust.

PureSoftware Certified as a Great Place to Work® for the Third Time in a Row

Retrieved on: 
Tuesday, January 16, 2024
Research, Trust, Feedback, OWL, MIND, Workforce, Government, Certification, InTouch, Management

NOIDA, India, Jan. 16, 2024 /PRNewswire/ -- PureSoftware has become Great Place to Work® Certified in India (from January 2024 to January 2025) for the third consecutive year.

Key Points: 
  • NOIDA, India, Jan. 16, 2024 /PRNewswire/ -- PureSoftware has become Great Place to Work® Certified in India (from January 2024 to January 2025) for the third consecutive year.
  • PureSoftware has diligently worked on enhancing the employee experience through its people-centric policies and practices, aiming for continual improvement.
  • "Our core values have laid the groundwork for fostering an exceptional workplace that fosters high performance, trust, equality, integrity, and camaraderie.
  • Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust.

MIND Technology Announces Deferral of Preferred Stock Dividend

Retrieved on: 
Friday, January 5, 2024
Certificate, The Company, Rights, MIND, Holding company

THE WOODLANDS, Texas, Jan. 5, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND) announced today that the Company's Board of Directors (the "Board") has elected not to declare a quarterly cash dividend on its 9.00% Series A Cumulative Preferred Stock ("Series A Preferred Stock") for the fourth quarter of its fiscal year ending January 31, 2024.

Key Points: 
  • THE WOODLANDS, Texas, Jan. 5, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND) announced today that the Company's Board of Directors (the "Board") has elected not to declare a quarterly cash dividend on its 9.00% Series A Cumulative Preferred Stock ("Series A Preferred Stock") for the fourth quarter of its fiscal year ending January 31, 2024.
  • The Company may defer dividend payments on the Series A Preferred Stock, but the dividend is a cumulative dividend that accrues for payment in the future.
  • The deferral of the dividend on the Series A Preferred Stock for the fourth quarter of the fiscal year ending January 31, 2024 is the sixth quarterly dividend to be deferred.
  • Accordingly, holders of Series A Preferred Stock will have the right to appoint two directors to the Board pursuant to the specific provisions of the Certificate of Designations, Preferences and Rights of MIND Technology, Inc. 9.00% Series A Cumulative Preferred Stock, as amended.