180 degree capital synacor

MONTCLAIR, N.J., Feb. 11, 2020 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (“180”) (NASDAQ:TURN), notes that its portfolio company, Synacor, Inc. (“SYNC”), today announced plans to combine with Qumu Corporation (“QUMU”) in an all-stock transaction. SYNC noted that, upon closing, SYNC stockholders are expected to own approximately 64.4% and QUMU shareholders are expected to own approximately 35.6% of the stock of the combined company. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. After closing, the combined business will trade on the Nasdaq under the ticker “SYNC”. Press Contact:Daniel B. Wolfe180 Degree Capital Corp.973-746-4500. According to SYNC, the combined company is expected to have over $120 million in annual revenue on a pro forma basis. The reference and link to the website www.180degreecapital.com has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release. Our goal is that the result of our constructive activism leads to a reversal in direction for the share price of these investee companies, i.e., a 180-degree turn. SYNC also stated that the deal is expected to be accretive on both an adjusted EBITDA and adjusted EPS basis in the first fiscal year after close with expected annualized operational synergies of $4 - $5 million and excluding purchase accounting adjustments. MONTCLAIR, N.J., Feb. 11, 2020 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (“180”) (NASDAQ:TURN), notes that its portfolio company, Synacor, Inc. (“SYNC”), today announced plans to combine with Qumu Corporation (“QUMU”) in an all-stock transaction. Except as otherwise required by Federal securities laws, the Company undertakes no obligation to update or revise these forward-looking statements to reflect new events or uncertainties. Pour autoriser Verizon Media et nos partenaires à traiter vos données personnelles, sélectionnez 'J'accepte' ou 'Gérer les paramètres' pour obtenir plus d’informations et pour gérer vos choix. Please see the Company's securities filings filed with the Securities and Exchange Commission for a more detailed discussion of the risks and uncertainties associated with the Company's business and other significant factors that could affect the Company's actual results. According to SYNC, the combined company is expected to have over $120 million in annual revenue on a pro forma basis. This press release may contain statements of a forward-looking nature relating to future events. Yahoo fait partie de Verizon Media. I’ve watched closely and been impressed as the company has further established itself in Software and Cloud offerings. Vous pouvez modifier vos choix à tout moment dans vos paramètres de vie privée. • May 6, 2020 – 9am ET – 180 Degree Capital Corp. Q1 2020 Shareholder Update Call. 180 is not responsible for the contents of third-party websites. This will include an estimated $70 million in software revenue, about 70% of which is recurring, and approximately $50 million in revenues from SYNC’s portal and advertising business. Nos partenaires et nous-mêmes stockerons et/ou utiliserons des informations concernant votre appareil, par l’intermédiaire de cookies et de technologies similaires, afin d’afficher des annonces et des contenus personnalisés, de mesurer les audiences et les contenus, d’obtenir des informations sur les audiences et à des fins de développement de produit. 180 Degree Capital Corp. to Report Second Quarter 2020 Financial Results on Monday, August 10, 2020 and to Host a Conference Call on Tuesday, August 11, 2020 • August 11, 2020 – 9am ET – 180 Degree Capital Corp. Q2 2020 Shareholder Update Call. MONTCLAIR, N.J., Feb. 11, 2020 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (“180”) (TURN), notes that its portfolio company, Synacor, Inc. (“SYNC”), today announced plans to … 180 Degree Capital Corp. is a publicly traded registered closed-end fund focused on investing in and providing value-added assistance through constructive activism to what we believe are substantially undervalued small, publicly traded companies that have potential for significant turnarounds.

West Indies Cricket Emoji, Discord Mic Volume Going Up And Down, Small Batch Loquat Jam Recipe, Fraxinus Uhdei 'majestic', Private Practice Clinical Psychologist, Insertion Sort C, Dbx 560a Vs 160a, Takis Powder Calories,

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *