Oblong, Inc. (NASDAQ:OBLG) ("Oblong" or the "Company"), an innovator in collaboration solutions, today reported financial results for the three and nine months ended September 30, 2024, and provided updates on the Company's business and strategy. "As of September 30, 2024, our financial footing remains strong, with $5.6 million in cash and zero debt. We further boosted liquidity in October with an additional $231,000 from common stock warrant exercises and streamlined operations to increase efficiency, resulting in expected annual savings of $1.2 million. With this solid financial position, we believe we're on track to maintain momentum into mid-2026. In September 2024, we proudly regained

Oblong, Inc. (NASDAQ:OBLG) ("Oblong" or the "Company"), the award-winning maker of multi-stream collaboration solutions, today announced that the Company received formal notice from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Nasdaq's minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2), after the Company's stock traded above $1.00 per share for 10 consecutive business days. Accordingly, Nasdaq has advised that the matter is now closed. "We are pleased to report that Oblong is now back in full compliance with Nasdaq's listing requirements," said Peter Holst, CEO of Oblong. "As of June 30, 2024, we had $5.9 million of cash and no

Shares Will Begin Trading on a Split-Adjusted Basis on August 26, 2024 Oblong, Inc. (NASDAQ:OBLG) ("Oblong" or the "Company"), the award-winning maker of multi-stream collaboration solutions, announced today that it has filed an amendment to its certificate of incorporation that will effect a reverse stock split of the Company's issued and outstanding shares of common stock by a ratio of 1-for-40, as approved by the Company's stockholders at its 2023 annual meeting and the Company's board of directors. The reverse stock split will become effective at 5:00 PM Eastern Time on August 23, 2024, and the Company's shares of common stock will begin trading on a split-adjusted basis on the Nasdaq

Dawson James reiterated coverage of Oblong with a rating of Buy and set a new price target of $5.00 from $13.00 previously

Dawson James initiated coverage of Oblong with a rating of Buy and set a new price target of $15.00

Dawson James initiated coverage of Oblong with a rating of Buy and set a new price target of $15.00

4 - Oblong, Inc. (0000746210) (Issuer)

4 - Oblong, Inc. (0000746210) (Issuer)

4 - Oblong, Inc. (0000746210) (Issuer)

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Jonathan Schechter and Robert Weinstein Join Oblong's Board of Directors Oblong, Inc. (NASDAQ:OBLG) ("Oblong" or the "Company"), the award-winning maker of multi-stream collaboration solutions, today appointed two new directors to its board. Jonathan Schechter, Partner, The Special Equities Group, and Robert Weinstein, Chief Financial Officer, Synaptogenix, Inc. have joined Oblong's board of directors. In addition, Jim Lusk and Matthew Blumberg have retired from the Oblong board. "We're delighted to welcome Jonathan and Robert to the Oblong board of directors," said Pete Holst, President and CEO. "Both individuals bring a wealth of knowledge in mergers and acquisitions, digital transfor

Oblong, Inc. (NASDAQ:OBLG) ("Oblong" or the "Company"), the award-winning maker of multi-stream collaboration solutions, today announced its board of directors has appointed Matt Blumberg and Debby Meredith to serve as independent directors, effective August 16, 2021. Mr. Blumberg will serve on the Audit and Nominating Committees and Ms. Meredith will serve on the Compensation and Nominating Committees. Following the appointments, the board of Oblong will be comprised of five directors, four of whom are independent. "We are extremely fortunate to add these two highly-talented and successful professionals to our board," stated Pete Holst, Oblong CEO. "Matt and Debby have demonstrated strat

Oblong, Inc. (NASDAQ:OBLG) ("Oblong" or the "Company"), an innovator in collaboration solutions, today reported financial results for the three and nine months ended September 30, 2024, and provided updates on the Company's business and strategy. "As of September 30, 2024, our financial footing remains strong, with $5.6 million in cash and zero debt. We further boosted liquidity in October with an additional $231,000 from common stock warrant exercises and streamlined operations to increase efficiency, resulting in expected annual savings of $1.2 million. With this solid financial position, we believe we're on track to maintain momentum into mid-2026. In September 2024, we proudly regained

Oblong, Inc. (NASDAQ:OBLG) ("Oblong" or the "Company"), an innovator in collaboration solutions, today reported financial results for the fourth quarter and fiscal year ending December 31, 2023, and provided updates on the Company's business and strategy. During 2023, the Company diligently optimized its operations, streamlined expenditures, and strengthened Oblong's balance sheet to position itself as a lean and agile innovator in the tech landscape. Oblong raised $5.9 million in funding in 2023 that we believe provides the Company with ample liquidity and a clear runway through mid-2025. This strategic financing underscores the confidence of Oblong's investors in the Company's vision an

Oblong, Inc. (NASDAQ:OBLG) ("Oblong" or the "Company"), a burgeoning player in the technology sector, is pleased to announce significant strategic shifts and a reinforced commitment to sustainable growth. Over the past year, we believe the Company has diligently optimized its operations, enhanced efficiency, and streamlined expenditures to position itself as a lean and agile innovator in the tech landscape. With a series of decisive cost-reduction measures, we believe Oblong has successfully rationalized its cost structure. This disciplined approach to financial management has resulted in a more robust and focused operation, ensuring that resources are aligned with the company's core miss

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