he offer price represents a 62% premium to the trailing 52-week volume weighted average of Bsquare's closing stock prices as of October 10, 2023.
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SEATTLE, Aug. 8, 2022 /PRNewswire/ -- Bsquare Corporation announced today the appointment of Bernee D. L. Strom to the Board of Directors. Ms. Strom brings a breadth of experience as an entrepreneur who has founded and run a number of companies across a diverse set of industries. A seasoned public-company director, Ms. Strom has significant experience transforming strategies and driving continuous improvement and adds a broad set of meaningfully informed and diverse perspectives. Ms. Strom most recently served as a member of the board of directors of MicroVision, Inc., as well
HILLSBORO, Ore.--(BUSINESS WIRE)--MTI (Mobile Tech, Inc.), the leading solutions innovator in retail security, smart retail and global services, today announced the promotion of Mary Jesse to serve on MTI’s Board of Directors and as the company’s Chief Executive Officer (CEO) to drive innovation and growth while continuing to lead MTI’s digital transformation. Ms. Jesse is the first female to serve on the company’s Board of Directors. “Mary has brought a focus on innovation and service on behalf of our customers that positions MTI to play a leadership role in developing the connected retail environments of the future,” stated David Gelobter, Managing Director, MC Credit Partners.
HILLSBORO, Ore.--(BUSINESS WIRE)--MTI (Mobile Tech, Inc.), the leading solutions innovator in retail security, smart retail and global services, today announced the promotion of Mary Jesse to serve on MTI’s Board of Directors and as the company’s Chief Executive Officer (CEO) to drive innovation and growth while continuing to lead MTI’s digital transformation. Ms. Jesse is the first female to serve on the company’s Board of Directors. “Mary has brought a focus on innovation and service on behalf of our customers that positions MTI to play a leadership role in developing the connected retail environments of the future,” stated David Gelobter, Managing Director, MC Credit Partners.
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SEATTLE and LINZ, Austria, Dec. 7, 2023 /PRNewswire/ -- Kontron AG ("Kontron"), a global leader in IoT Technology, and Bsquare Corporation (NASDAQ:BSQR) ("Bsquare"), an expert in developing and deploying software technologies for the makers and operators of connected devices, today jointly announced the successful completion of the previously commenced tender offer (the "Offer") by Kontron Merger Sub., Inc. ("Merger Sub"), a wholly owned, indirect subsidiary of Kontron, to acquire all of the outstanding shares of common stock of Bsquare (the "Shares"), for $1.90 per Share, net to the seller in cash, without interest and less any applicable withholding taxes.
Act today – ensure your tender is received by the December 6, 2023 deadlineQuestions – contact your broker or D.F. King at (800) 967-5084 or [email protected]'s Board recommends that shareholders accept the offer and tender their sharesSEATTLE and LINZ, Austria, Nov. 30, 2023 /PRNewswire/ -- Kontron America, Incorporated ("Kontron"), a global leader in IoT Technology, and Bsquare Corporation (NASDAQ:BSQR) ("Bsquare"), an expert in developing and deploying software technologies for the makers and operators of connected devices, today jointly encouraged shareholders of Bsquare to tender their shares of common stock of Bsquare ("Shares").
SEATTLE and LINZ, Austria, Nov. 22, 2023 /PRNewswire/ -- Kontron America, Incorporated ("Kontron"), a global leader in IoT Technology, and Bsquare Corporation (NASDAQ:BSQR) ("Bsquare"), an expert in developing and deploying software technologies for the makers and operators of connected devices, today jointly announced that Kontron Merger Sub., Inc. ("Merger Sub"), a wholly owned subsidiary of Kontron, has extended the expiration of its tender offer (the "Offer") to acquire all of the outstanding shares of common stock of Bsquare ("Shares"), for $1.90 per Share, net to the seller in cash, without interest and less any applicable withholding taxes, pursuant to the Agreement and Plan of Merger
Stable operating results; Exploring strategic options SEATTLE, Aug. 10, 2023 /PRNewswire/ -- Bsquare Corporation (NASDAQ:BSQR) today announced financial results for the second quarter of 2023. Total revenue was $6.5 million, a decrease of $1.6 million or 20% compared to the first quarter of 2023. Gross profit increased by $0.1 million from the previous quarter and operating expenses increased by $0.3 million. Loss from operations was $0.7 million, a $0.3 million decline from the first quarter operating loss. Cash, cash equivalents, restricted cash and short-term investments totaled $33.4 million as of June 30, 2023.
SEATTLE, July 27, 2023 /PRNewswire/ -- Bsquare Corporation (NASDAQ:BSQR) today announced that it plans to release its financial results for the second quarter, ending June 30, 2023, after the close of regular market trading on August 10, 2023. A conference call will follow at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). To participate in the call dial 1-844-825-9789 or 1-412-317-5180 for international callers, and reference "Bsquare Corporation Second Quarter 2023 Earnings Conference Call." A live and replay webcast of the call will be available at www.bsquare.com in the i
Revenue stable; Improving operating results SEATTLE, May 11, 2023 /PRNewswire/ -- Bsquare Corporation (NASDAQ:BSQR) today announced financial results for the first quarter of 2023. Total revenue was $8.1 million, an increase of $0.2 million or 2% compared to the fourth quarter of 2022. Gross profit was in-line with the previous quarter while operating expenses decreased by $1.0 million. Loss from operations was $0.4 million, which was a $1.1 million improvement from the fourth quarter operating loss. Cash, cash equivalents, restricted cash and short-term investments totaled $34.0 million as of March 31, 2023, a decrease of $1.7 million since December 31, 2022.
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The most overbought stocks in the information technology sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70. Here’s the latest list of major overbought players in this sector. EngageSmart, Inc. (NYSE:ESMT) EngageSmart announced it would be acquired by Vista Equity Partners for $23 per share. The company’s stock has a 52-week high of $22.7
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling more than 100 points on Thursday. The Dow traded down 0.75% to 33,551.73 while the NASDAQ fell 0.84% to 13,544.58. The S&P 500 also fell, dropping, 0.81% to 4,341.40. Check This Out: Qualcomm, Northrop Grumman And 2 Other Stocks Insiders Are Selling Leading and Lagging Sectors Energy shares fell by just 0.1% on Thursday. In trading on Thursday, utilities shares dipped by 2%. Top Headline Delta Air Lines Inc (NYSE:DAL) reported better-than-expected earnings for its third quarter on Thursday. Delta Air Lines reported quarterly adjusted operating revenue growth of 13% Y/Y to $14.55 billion
Gainers BSQUARE (NASDAQ:BSQR) shares rose 47.6% to $1.83 during Thursday's regular session. Trading volume for BSQUARE's stock is 2.5 million as of 13:37 EST. This is 7559.0% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $36.3 million. Akerna (NASDAQ:KERN) shares rose 15.5% to $0.23. As of 13:37 EST, Akerna's stock is trading at a volume of 1.0 million, which is 194.7% of its average full-day volume over the last 100 days. The company's market cap stands at $1.8 million. E2open Parent Holdings (NYSE:ETWO) shares rose 13.24% to $2.48. As of 13:37 EST, this security is trading at a volume of 14.7 million shares, making up 877.8% of