Edgio, Inc. Receives Expected Non- Compliance Notice From NASDAQ

5/21/24 4:40:46 PM ET

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Edgio, Inc. (NASDAQ:EGIO) (the "Company"), today announced that it received an expected notice (the "Notice") on May 16, 2024 from The Nasdaq Stock Market LLC ("Nasdaq") stating that the Company is not in compliance with the requirements for continued listing under Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule") because the Company has not yet filed its Quarterly Report on Form 10-Q for the year ended March 31, 2024 (the "Quarterly Report") with the Securities and Exchange Commission (the "SEC"). The Notice has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market.

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Recent Analyst Ratings for
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Date	Price Target	Rating	Analyst
11/10/2022		Outperform → Market Perform	Northland Capital
11/10/2022	$5.75 → $2.50	Outperform → Market Perform	Cowen

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Edgio Releases Enhancements to Applications Platform Aimed at Accelerating Web Performance for Enterprises
Edgio's improved application features streamline content delivery and improve insights to gauge user satisfaction Edgio, the platform of choice for security, speed and simplicity at the edge, today announced several new enhancements to its applications platform, designed to help companies deliver a high-performing web experience with ease. Updates to the company's Real User Monitoring (RUM) and low-code prefetching capabilities allow Edgio to redefine industry standards for web performance and user experience. Chrome usage data reveals that users spend 90% of their time on a site after it loads, making it crucial to carefully measure site responsiveness throughout the entire page lifecyc
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Edgio Releases Security Platform Controls Aimed at Thwarting Automated Threats
Edgio to launch three new features offering advanced protection and greater control for organizations facing emerging cybersecurity challenges Edgio, the platform of choice for security, speed and simplicity at the edge, today announced new security features aimed at giving customers robust controls to secure APIs and mitigate the risks of automated attacks. Edgio's API security solution is enhanced by the addition of JSON Web Token (JWT) authentication to secure customers' API endpoints, as well as significant improvements to its Advanced Rate Limiting solution to protect customers from evolving application DDoS threats. With the inclusion of JWT validation, Edgio customers can perform a
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Edgio, Inc. Launches Strategic Financial Restructuring to Facilitate Sale and Strengthen Operations
Enters into Stalking Horse Asset Purchase Agreement in Connection with Contemplated In-Court Sale Process Files Voluntary Petitions for Chapter 11 Relief to Effectuate a Transaction Committed to Continue Delivering with Excellence for Partners and Customers Edgio, Inc. (NASDAQ:EGIO) and certain of its affiliates (collectively, "Edgio" or the "Company"), the platform of choice for security, speed, and simplicity, today announced that it has voluntarily filed for chapter 11 relief (the "Chapter 11 Cases") in the United States Bankruptcy Court for the District of Delaware (the "Court") to effectuate one or more sale transactions that should allow for the continued operation of the Company's
9/9/24 9:29:00 AM ET
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Edgio Promotes Todd Hinders to Chief Executive Officer
Appointment of Hinders Marks a New Era for Edgio Edgio, Inc. (NASDAQ:EGIO) (the "Company"), the platform of choice for speed, security, and simplicity at the edge, today announced that Todd Hinders has been promoted to the position of CEO, effective immediately. Mr. Hinders has also joined the company's board of directors. Hinders takes over from Bob Lyons, who has resigned from his role as President and CEO and as a member of the board of directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240102903210/en/Todd Hinders, Edgio CEO (Photo: Business Wire) Mr. Hinders has served as the company's Chief Revenue Officer since M
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Edgio Announces New Board of Directors
Reduces Board Size from Nine to Five Members and Appoints New Directors Strong Leadership and Governance Committed to Building Sustainable Shareholder Value Edgio, Inc. (NASDAQ:EGIO) (the "Company"), the platform of choice for speed, security, and simplicity at the edge, today announced that it has reconstituted its Board of Directors. The now five-member Board includes three newly appointed, highly qualified directors: Ken Traub, Frank Verdecanna and Mio Babic. Ken Traub has also been named as Chairman of the Board. These additions enrich the Board with diverse global expertise in corporate governance, cybersecurity, digital media, and strategic growth. Simultaneously, seven existing
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Edgio Strengthens Global SOC and Security Leadership with Addition of Veteran Security Expert, Tom Gorup
Appointment Reinforces Edgio's Commitment and Investment in its Security Managed Services, Incident Response, and Threat Intelligence Offerings Edgio, Inc. (NASDAQ:EGIO), the platform of choice for speed, security, and simplicity at the edge, today announced the appointment of Tom Gorup as its Vice President of Security Services. With 15 years of experience in the cybersecurity industry, Gorup will lead the company's security managed services and operations and will report directly to Edgio CTO and GM of Security and Applications, Ajay Kapur. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230808357256/en/Tom Gorup, VP of Secur
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12 Information Technology Stocks Moving In Thursday's After-Market Session
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Edgio, Inc. Receives Expected Non- Compliance Notice From NASDAQ
Edgio, Inc. (NASDAQ:EGIO) (the "Company"), today announced that it received an expected notice (the "Notice") on May 16, 2024 from The Nasdaq Stock Market LLC ("Nasdaq") stating that the Company is not in compliance with the requirements for continued listing under Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule") because the Company has not yet filed its Quarterly Report on Form 10-Q for the year ended March 31, 2024 (the "Quarterly Report") with the Securities and Exchange Commission (the "SEC"). The Notice has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market.
5/21/24 4:40:46 PM ET
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Edgio, Inc. Adopts Tax Benefits Preservation Plan Designed to Protect the Availability of Its Tax Benefits
Move preserves long-term stockholder value by adopting a rights plan intended to protect tax assets To be submitted for stockholder ratification at 2024 annual meeting of shareholders Edgio, Inc. (NASDAQ:EGIO) (the "Company"), today announced that its Board of Directors (the "Board") has adopted a Tax Benefits Preservation Plan (the "Tax Plan"). The Company has significant U.S. federal and state net operating loss carryforwards ("NOLs"). As of December 31, 2023 the Company has U.S. federal NOLs of approximately $300 million that can be used to offset taxable income. The Tax Plan is designed to protect the availability of the Company's U.S. federal and state NOLs and other tax attrib
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Edgio Reports Third Quarter 2023 Results
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Edgio Announces Listing Transfer to Nasdaq Capital Market
Transfer will be effective as of October 20, 2023 Company to report Third Quarter 2023 financial results by November 9, 2023 Edgio, Inc. (NASDAQ:EGIO) (the "Company"), the platform of choice for speed, security, and simplicity at the edge, today announced that it has received approval from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") to transfer the listing of its shares from the Nasdaq Global Select Market to the Nasdaq Capital Market. This transfer is effective as of the opening of business on October 20, 2023. This announcement has no immediate effect on the listing or trading of the Company's common shares. The Company's shares will continue to trade
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Edgio, Inc. Receives Expected Non- Compliance Notice From NASDAQ

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SEC Form SC 13D/A filed by Edgio Inc. (Amendment)

SEC Form SC 13D/A filed by Edgio Inc. (Amendment)

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Edgio Releases Enhancements to Applications Platform Aimed at Accelerating Web Performance for Enterprises

Edgio Releases Security Platform Controls Aimed at Thwarting Automated Threats

Edgio, Inc. Launches Strategic Financial Restructuring to Facilitate Sale and Strengthen Operations

Edgio Promotes Todd Hinders to Chief Executive Officer

Edgio Announces New Board of Directors

Edgio Strengthens Global SOC and Security Leadership with Addition of Veteran Security Expert, Tom Gorup

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