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LOS ANGELES, Sept. 22, 2025 /PRNewswire/ - RideCo, the leader in on-demand transit solutions, responded today to the announcement made by Via Transportation, Inc. (NYSE:VIA). RideCo respects the Court's process and notes that Tuesday's post-trial rulings are intermediate steps in the same District Court. RideCo looks forward to full review by the Federal Circuit Court of Appeals. Throughout this case, RideCo has acted in good faith to defend itself and to ensure continuity of service for its customers. As a result of trial and post-trial proceedings, Via's damages claim was c
Via, the leading provider of technology for government transit systems, and Waymo, the autonomous driving technology company, today announced a strategic partnership to allow government agencies leveraging Via's software to introduce Waymo's fully autonomous ride-hailing service directly into their public transit networks. Chandler, Arizona will be the first city to benefit from this framework, integrating Waymo's service into the city's Chandler Flex microtransit service. "Public transit riders and the government agencies who serve them are too often the last to have access to cutting-edge technology," said Daniel Ramot, Via's co-founder and CEO. "We're delighted that this partnership wi
Via Transportation, Inc. (NYSE:VIA), the pioneer of microtransit, announced today that the U.S. District Court for the Western District of Texas has awarded the company a 10% running royalty on all future U.S. sales of RideCo, Inc.'s infringing products, in addition to an award for supplemental damages. The Honorable Alan D. Albright ruled from the bench that Via is entitled to an ongoing royalty rate of 10% on all future sales of RideCo's infringing technology. In addition to the 10% royalty on future sales, the court awarded supplemental damages based on the royalty rate awarded by the jury to compensate for pretrial infringement of Via's virtual bus stop patents. This decision follow
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HOUSTON, TX / ACCESSWIRE / November 18, 2024 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIASP), an independent retail energy services company, announced today that David Bill III has been appointed to the Company's Board of Directors, effective November 18, 2024, 5 p.m. CST as an independent director. He will serve as a Class I director and will join the Audit Committee. Additionally, the Company announced the departure of Kenneth Hartwick from its Board of Directors, effective November 18, 2024, 5 p.m. CST. Mr. Hartwick's departure is not due to any disagreement with the Company."We are thrilled to have David join our Board and look forward to his valued input. David
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HOUSTON, TX / ACCESS Newswire / January 16, 2025 / Via Renewables, Inc. (NASDAQ:VIASP) (including its subsidiaries, "we," "our," "us," "Via Renewables," or the "Company") today announced that it is commencing a tender offer to purchase up to 200,000 shares of its 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock, par value $0.01 per share (the "Series A Preferred Stock" or the "shares"), at a purchase price of $22.50 per share, in cash, less applicable withholding taxes and without interest. The number of shares proposed to be purchased in the tender offer represents approximately 5.9% of the Company's currently outstanding Series A Preferred Stock.Pursuan
HOUSTON, TX / ACCESSWIRE / January 15, 2025 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIA)(NASDAQ:VIASP), an independent retail energy services company, announced today that, in accordance with the terms of the 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock ("Series A Preferred Stock") of the Company, the Board of Directors has declared a quarterly cash dividend in the amount of $0.69635 per share on the Series A Preferred Stock. Three-Month CME Term SOFR for this dividend is 4.30198% compared to 5.31399% a year ago. The dividend will be paid on April 15, 2025 to holders of record of Via Renewables' Series A Preferred Stock on A
HOUSTON, TX / ACCESSWIRE / December 18, 2024 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIASP), an independent retail energy services company, announced today the final results of its tender offer to purchase up to 800,000 shares of its 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock, par value $0.01 per share (the "Series A Preferred Stock" or the "shares"), at a purchase price of $22.50 per share, in cash, less applicable withholding taxes and without interest. The offer expired at 5:00 p.m., New York City time, on Tuesday, December 17, 2024.Based on the final count by Equiniti Trust Co., the depositary for the tender offer, app