Operator
Good day, and welcome to the Smith Micro Software s financial results for the first quarter of 2021. [Operator instructions] Please note this event is being recorded. I would now like to turn the conference over to Charles Messman, vice president of investor relations and corporate development. Please go ahead.
Charles Messman
Vice President of Investor Relations and Corporate development
Thank you, operator, and good afternoon, everyone. We appreciate you joining us today as we discuss Smith Micro Software s financial results for the first quarter of 2021 ended March 31, 2021. By now, you should have received a copy of the press release with the financial results. If you do not have a copy and would like one, please visit the Investor Relations section of our website at www.smithmicro.com.On today s call, we have Bill Smith, chairman of the board, president, and chief executive officer of Smith Micro; and Tim Huffmyer, our chief financial officer.
Smith Micro Reports First Quarter 2021 Financial Results – Consumer Electronics Net
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Smith Micro Schedules Teleconference to Discuss First Quarter 2021 Financial Results – Consumer Electronics Net
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7 hours ago
PITTSBURGH–(BUSINESS WIRE)–Smith Micro Software, Inc. (“Smith Micro” or “ the Company”) (NASDAQ: SMSI) today announced that it has completed its previously announced acquisition of Avast plc’s Family Safety Mobile business. With this acquisition, Smith Micro obtains Avast’s portfolio of mobile family safety services including location features, content filtering and screen time management, cementing Smith Micro as a market leader in delivering mobile family safety software solutions to wireless carriers.
“As the largest acquisition in company history, gaining the Avast Family Safety Mobile business clearly positions Smith Micro as a leading global provider of family safety software solutions to wireless carriers,” said William W. Smith, Jr., President and CEO of Smith Micro Software. “I’m excited to officially welcome the Avast employees to the Smith Micro family and look forward to the continued growth and profita
4 weeks ago
PITTSBURGH–(BUSINESS WIRE)–Smith Micro Software, Inc. (the “Company” or “Smith Micro”) (NASDAQ: SMSI), a software development company that sells proven solutions to wireless carriers and cable MSOs, today announced the pricing of its follow-on underwritten public offering of 9,520,787 shares of its common stock at a price to the public of $6.85 per share. All shares are being sold in the offering by the Company. Smith Micro has granted the underwriter of the offering a 30-day option to purchase up to an additional 1,428,118 shares of its common stock to cover over-allotments at the public offering price less the underwriting discounts and commissions. The offering, excluding the option, will result in gross proceeds to the Company of approximately $65.2 million prior to underwriting discounts, commissions and other offering expenses. The offering is expected close on March 15, 2021, subject to customary closing conditions.