SeaChange International Inc. is a tech penny stock that provides multiscreen, advertising, and video products. These products and services facilitate the aggregation, licensing, management, and distribution of video and advertising content worldwide. Its SeaChange Adrenalin product is a multiscreen video back office platform enabling service providers to manage and monetize a seamless viewing experience. As you can see its offerings expand greatly into the tech industry.
On June 10th the company reported its fiscal first-quarter 2022 financial results. The Executive Chairman Robert Pons said, âDuring the fiscal first quarter, we successfully completed the initial phase of our strategic roadmap, which has optimized our operations, solidified our financial foundation, and positioned us to drive scale, capture market share, and create even greater value for both our customers and shareholders.â
8 Penny Stocks to Watch Right Now As June Comes to an End streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Tiptree Inc. said in March it hoped an initial public offering of The Fortegra Group Inc. would unlock value in the subsidiary that was not reflected in Tiptree’s stock price.
The strategy worked, for a while anyway.
Fortegra, a Jacksonville-based specialty insurance company, is the major operating subsidiary of New York-based Tiptree. It bought the company for $218 million in 2014.
Fortegra publicly filed for its IPO on March 15 and proposed terms for the sale April 20, saying it hoped to sell 8.3 million shares at $15 to $17 each.
The April 20 filing said Tiptree would retain 48.46 million shares of Fortegra after the IPO. If the shares were sold in the midpoint of its range, $16, that would make Tiptree’s stake worth about $775 million.
GEE Group Announces Repayment of $56 Million in Debt theusnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theusnews.com Daily Mail and Mail on Sunday newspapers.