News 
Market Data 
Discover
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
It´s trending, higher highs, very nice setup!
YUGGGGE MERGER NEWS OUT - CAUGHT A WINNER HERE
David E. Lazar Announces Ownership Interest in Minim, Inc.
NEWS PROVIDED BY
David E. Lazar
30 Jan, 2024, 16:15 ET
SHARE THIS ARTICLE
NEW YORK, Jan. 30, 2024 /PRNewswire/ -- David E. Lazar, an experienced private investor, today filed a Schedule 13D announcing his acquisition of 2,000,000 shares of Series A Convertible Preferred Stock ("Series A Preferred Stock") of Minim, Inc. ("Minim" or the "Company"). Each share of Series A Preferred Stock is convertible into 1.4 shares of the Company's common stock ("Common Stock"). In addition, as part of the acquisition, the Company issued Mr. Lazar warrants to purchase up to an additional 2,800,000 shares of Common Stock, with an exercise price equal to $1.00 per share, subject to adjustment therein. The conversion and exercise of the Series A Preferred Stock and the warrants, as applicable, into shares of Common Stock are subject to stockholder approval. Mr. Lazar issued the following statement:
"I am pleased to announce my significant investment in Minim given the meaningful opportunity I believe the Company represents and am eager to begin working with the Board of Directors and management to actively explore potential strategic options to drive shareholder value."
About David E. Lazar
David E. Lazar is an experienced private investor who brings domestic and international experience in operations, accounting, audit preparation, due diligence, capital restructuring, debt financing, and mergers and acquisitions.
Investor Contact Information:
David E. Lazar
david@activistinvestingllc.com
SOURCE David E. Lazar
I expect to hear something any time now with David Lazar coming aboard with a large stake in the company. He is going to want to see a huge return on his investment with MINM. Get your seat belts on because this should be a interesting and profitable ride coming very soon now.
David E. Lazar Announces Ownership Interest in Minim, Inc.
NEW YORK, January 30, 2024, David E. Lazar, an experienced private investor, today filed a Schedule 13D announcing his acquisition of 2,000,000 shares of Series A Convertible Preferred Stock (“Series A Preferred Stock”) of Minim, Inc. (“Minim” or the “Company”). Each share of Series A Preferred Stock is convertible into 1.4 shares of the Company’s common stock (“Common Stock”). In addition, as part of the acquisition, the Company issued Mr. Lazar warrants to purchase up to an additional 2,800,000 shares of Common Stock, with an exercise price equal to $1.00 per share, subject to adjustment therein. The conversion and exercise of the Series A Preferred Stock and the warrants, as applicable, into shares of Common Stock are subject to stockholder approval. Mr. Lazar issued the following statement:
“I am pleased to announce my significant investment in Minim given the meaningful opportunity I believe the Company represents and am eager to begin working with the Board of Directors and management to actively explore potential strategic options to drive shareholder value.”
About David E. Lazar
David E. Lazar is an experienced private investor who brings domestic and international experience in operations, accounting, audit preparation, due diligence, capital restructuring, debt financing, and mergers and acquisitions.
Investor Contact Information:
David E. Lazar
david@activistinvestingllc.com
Power hour is churning these shares..
Description
Minim, Inc., together with its subsidiaries, designs, manufacture, and sells and Internet access products in North America and internationally. It offers hardware products, including cable modems, cable modem/routers, gateways, mobile broadband modems, wireless routers, multimedia over coax adapters, mesh home networking devices, and other local area network products. The company also provides Minim mobile applications for end users to personalize and monitor their home and office network for speed testing, data usage tracking, security alerts, malware blocking, privacy settings, and parental controls; and Minim web application that enables technical support representatives of Internet Service Providers (ISPs) and businesses to offer remote support with network insights. In addition, it offers Minim API suite and MinimOS for third-party hardware vendors, ISPs, and other partners to integrate with the Minim platform and functionality; to manage their own account data; and to integrate with third-party router firmware. The company offers its products under the ZOOM, Motorola, and Minim brands. It sells its products through direct sales force and commissioned independent sales representatives to retailers; and retailers, distributors, ISPs, individual businesses, service providers, value-added resellers, PC system integrators, original equipment manufacturers, channel resellers, electronics distributors, and e-commerce platforms. The company was formerly known as ZoomTelephonics, Inc. and changed its name to Minim, Inc. in June 2021. Minim, Inc. was incorporated in 1977 and is headquartered in Manchester, New Hampshire.
By: Dylan Sikes – AllPennyStocks.com News
Wednesday, January 31, 2024
Shares of a New Hampshire-based tech company absolutely dominated the first half of Wednesday’s session after it was announced that investor David e. lazar agreed to buy 2 million preferred shares of the provider of WiFi security software.
According to the release, each preferred share is convertible to 1.4 shares of common stock.
Traders couldn’t get their hands on shares of Minim Inc. (Nasdaq:MINM) fast enough as they quickly pushed the price up to $5.5499/share (+118.50%) at the early session high.
Minim Inc is the creator of innovative internet access products that dependably connect people to the information they need and the people they love. The company delivers smart software-driven communications products under the Motorola brand. Its hardware products include cable modems, cable modem/routers, mobile broadband modems, wireless routers, MoCA adapters, and mesh home networking devices. Geographically, it generates nearly all of its revenue from North America.
|
Followers
|
30
|
Posters
|
|
|
Posts (Today)
|
0
|
Posts (Total)
|
524
|
|
Created
|
10/07/09
|
Type
|
Free
|
| Moderators | |||
AI
