mCloud Technologies To Delist From Nasdaq
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SAN FRANCISCO, Sept. 26, 2023 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company") a provider of cloud technology solutions optimizing the performance, reliability, and sustainability of energy-intensive assets today announced it would not meet the listing requirements of the Nasdaq Stock Market LLC ("Nasdaq"). As such, Nasdaq has determined it will delist the Company's securities. Nasdaq informed the Company on September 20, 2023 that trading of the Company's common stock, warrants, and preferred stock will be suspended at the openin
Approval enables process to pursue a transaction structure involving the sale of certain mCloud and AssetCare assets resulting in the separation of mCloud's business in two standalone parts: one part to focus on AssetCare and a second to independently focus on NGRAIN-related businessAn asset sale under this transaction structure would include the divestment of assets, certain legal entities, and global strategic agreements associated with AssetCare-related business for embedded AI-powered sustainability applications, with cash proceeds being used for payment of current mCloud obligationsSuch an asset sale would also leave the wholly owned subsidiary NGRAIN and its highly regulated defense bu
SAN FRANCISCO, May 31, 2023 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD) ("mCloud" or the "Company") a provider of cloud technology solutions optimizing the performance, reliability and sustainability of energy-intensive assets today provided an update on the status of the filing of its annual financial statements, accompanying management's discussion and analysis, related CEO and CFO certifications and annual information form for the financial year ended December 31, 2022 (collectively, the "Annual Filings"). MCLD, TSXV:MCLD) (CNW Group/mCloud Technologies Corp.)" alt="mCloud Technologies Corp. (NASDAQ
25-NSE - mCloud Technologies Corp. (0001756499) (Subject)
6-K - mCloud Technologies Corp. (0001756499) (Filer)
6-K - mCloud Technologies Corp. (0001756499) (Filer)
During Q3 2022, mCloud migrated AssetCare™ and integrated business operations including a highly targeted global go-to-market strategy with Google Cloud to maximize future growth and profitabilityA company rationalization took place in Q3 2022, including an orderly exit from the Company's low-margin Technical Project Services business and the retirement of contracts associated with low-value legacy connected assets and workersGoogle Cloud integration and these actions to drive greater than 25% improvements to the Company's cost structure as previously announced on November 1, 2022As a result of this pivot, rationalization, and the AssetCare migration to Google Cloud, total Q3 2022 revenues w
SAN FRANCISCO, Nov. 8, 2022 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company") a provider of cloud technology solutions optimizing the performance, reliability, and sustainability of energy-intensive assets today announced that it will it host a conference call to discuss the financial results for the third quarter of 2022 at 10:00 a.m. EST, November 15, 2022. To access the conference call by telephone, dial 416-764-8659 or 1-888-664-6392 with the confirmation number 91194988. Please connect approximately 10 minutes prior to the beg
Added 2,921 new connected assets and workers, totaling 67,471 connections in Q2 2022As part of Agnity transition, mCloud received a one-time US$5.96 million payment from Agnity on July 29, 2022After considering a $2.6 million one-time balance sheet charge and other impacts related to the Company's transition of its licensing of Agnity technology, Q2 2022 net revenues as reported were C$2.3 million compared to C$6.6 million in Q2 2021SAN FRANCISCO, Aug. 15, 2022 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company") a leading provider of AI-powered asset management and Environmental, Social, and Governance ("ESG") solutions today announced its financia
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U.S. stocks traded lower toward the end of trading, with the Dow Jones falling more than 200 points on Wednesday. The Dow traded down 0.69% to 33,386.73 while the NASDAQ fell 0.50% to 12,997.99. The S&P 500 also fell, dropping, 0.58% to 4,248.92. Check This Out: Johnson Controls International To Rally Over 27%? Here Are 10 Other Analyst Forecasts For Wednesday Leading and Lagging Sectors Energy shares rose by 1.9% on Wednesday. In trading on Wednesday, utilities shares fell by 2.1%. Top Headline Crude oil inventories in the U.S. declined by 2.17 million barrels in the week ending Sept. 22, versus a 2.13 million decline in the prior period. Equities Trading UP ShiftPixy, Inc. (N
CALGARY, AB, Dec. 30, 2022 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company"), a provider of cloud technology solutions optimizing the performance, reliability, and sustainability of energy-intensive assets today announced that the nominees listed in the Management Information Circular dated December 2, 2022, were elected as directors of mCloud, to hold office until the close of the next Annual General Meeting of the Corporation or until their successors are appointed. Shareholders also adopted all other resolutions submitted for th
Acclaimed Saudi entrepreneur, CEO, sustainability, and circular economy expert strategically aligned to Company's major customers, policy influencers, and partners in service of decarbonization targets in the Kingdom of Saudi Arabia SAN FRANCISCO, Nov. 14, 2022 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company") a provider of cloud technology solutions optimizing the performance, reliability, and sustainability of energy-intensive assets today is pleased to announce the appointment of Dina Alnahdy to mCloud's Board of Directors, effective today. Alnahdy is a sought-after Saudi executive, leader, and board member passionate about innovation, the en
Vincent Higgins, former Honeywell Global Director and General Manager, Digital Transformation and Workforce Excellence, joins mCloud as President, Oil and Gas Digitization to lead new hub based in HoustonIbrahim Al-Hindawi, President, MENA to lead recently announced hub in collaboration with Aramco based in Saudi ArabiaDave Weinerth, President, AssetCare™ Visual Intelligence promoted to Executive Vice President and President, AssetCare Solutions to lead continued AssetCare growth globallySAN FRANCISCO, Jan. 26, 2022 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company") a leading provider of AI-powered asset management and Environmental, Social, and G