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.
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.
OWNERSHIP FILING CHANGE FOR BLACKROCK, ET AL.
WAS
Holder Shares Date Reported % Out Value
Blackrock Inc. 3,491,662 Sep 29, 2020 11.33% 199,234,233
NOW HOLDS:
Number of shares beneficially owned by each reporting person with:
(5) Sole voting power
3617115
7) Sole dispositive power
3677761
(9) Aggregate amount beneficially owned by each reporting person
3677761
(11) Percent of class represented by amount in Row 9
11.9%
olddog967: Haven't seen you post since September, 2020. Hope all is well with you and you are staying safe.
Best wishes for 2021
FISH
I think Patrick is still with Interdigital, but in a different role.
Media and Analysts
Patrick Van de Wille
Chief Communications Officer
France T: +33 (0) 2 56 85 55 75
US T: +1 858-210-4814
patrick.vandewille@interdigital.com
Investors
Tiziana Figliolia
VP, Finance
T: +1 302-300-1857
tiziana.figliolia@interdigtal.com
zdog -- you are correct. haven't been on the website much recently, so i missed his departure.
Thanks for bringing it to my attention.
doctor md -- I emailed Patrick and the BOD a mfew weeks ago about doing heir own 'stimulus payment' via a special dividend. I also suggested they consider it quickly and jump on the subject to be the first to do so for the shareholders and economy.
Needless to say, they did not jump on the opportunity. SHAME ON THEM, as I am sure they will award themselves their annual bonuses ! ! !
not even at mickeybritt's $200 per share?
I would vote yes to a Nokia buyout ONLY IF they paid us the $2 billion they owe for 2-G and 3-G that THEY SCREWED US ON.
Are Investors Undervaluing InterDigital, Inc. (NASDAQ:IDCC) By 28%?
Simply Wall St.
https://finance.yahoo.com/news/investors-undervaluing-interdigital-inc-nasdaq-164559478.html
Third Quarter 2020 Earnings Call
Thursday, November 5, 2020 10:00 AM ET
Event Details:
Event Date:Thursday, November 5, 2020 10:00 AM ET
Webcast URL:https://services.choruscall.com/links/idcc201105.html
InterDigital Joins ATIS Next G Alliance Dedicated to Wireless Standards
Company Release - 10/13/2020
InterDigital becomes Founding Member of new standards group alongside industry leaders
WILMINGTON, Del., Oct. 13, 2020 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that it will be joining the ATIS Next G Alliance as a Founding Member.
The Next G Alliance was established by ATIS, the North American operating partner for the 3GPP, and is a group committed to ensuring that the U.S. is prepared for the next generation of wireless. The group cites growing competition around the globe in the pursuit of technology roadmaps and market dominance in some of the most critical technologies and wireless infrastructure as the key impetus to gather industry leaders around wireless standards.
As a Founding Member, InterDigital joins companies like AT&T, Bell Canada, Ciena, Ericsson, JMA Wireless, Nokia, Qualcomm Technologies Inc., Samsung, TELUS, Telnyx, T-Mobile, US Cellular, and Verizon in the Next G Alliance. Additional companies from across the wireless ecosystem are also in consideration for membership. The Alliance takes shape as countries around the world have begun to dedicate pilots, research, and funding to support 6G and next generation wireless research.
“InterDigital is committed to 6G Research, and throughout our more than 40 year history we’ve been a consistent top tier contributor to wireless standards, including 3GPP, where we typically create roughly 1,000 contributions a year,” said InterDigital CTO Henry Tirri. “We are proud to serve as Founding Member of the Next G Alliance, which will be integral to driving growth of the wireless system.”
InterDigital’s new membership comes as it prepares to host the inaugural 6G Symposium with the Institute for Wireless Internet of Things at Northeastern University. The event will showcase InterDigital’s focus and commitment as a major contributor to the innovation of U.S.-based 5G and 6G wireless ecosystems. You may learn more here.
InterDigital VP Alan Carlton to Introduce 6G Roadmap at Broadcast Techfest
Company Release - 10/13/2020
Mr. Carlton’s remarks to outline the opportunities, emerging use cases, and cutting-edge solutions ahead of inaugural 6G Symposium
WILMINGTON, Del., Oct. 13, 2020 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company today announced that Alan Carlton, Vice President of Labs at InterDigital, will deliver an address entitled “Introduction to 6G” at Broadcast Techfest. The remarks will take place on Thursday, October 15 at 2:00 pm GMT.
Broadcast Techfest is a two-day virtual event dedicated to the latest and most innovative creative production technology. The first day of Techfest will take place on October 14 and address the myriad of changes to media production in light of the COVID-19 pandemic, while day two on October 15 will explore connectivity and the cloud, and showcase new achievements around remote production, cloud technology, and the future of 5G and Beyond.
Alan Carlton has more than 25 years of wireless industry experience, spanning from 2G through 5G and Beyond, and has led more than 20 groundbreaking projects that have laid the foundations for 5G and virtualization. His remarks, “Introduction to 6G,” will offer an elevated outline of the technology roadmap towards 6G and the cutting-edge solutions utilized to address challenges along the way. The presentation will explain both how new generations of wireless shape the tech landscape, as well as the solutions to address the strain of immersive experiences and emerging use cases on existing wireless networks.
You may register for Broadcast Techfest and tune into Alan Carlton’s remarks here.
Mr. Carlton’s “Introduction to 6G” presentation comes ahead of InterDigital’s 6G Symposium, a first-of-its-kind virtual event hosted by InterDigital and the Institute for the Wireless Internet of Things at Northeastern University. The 6G Symposium will present leading voices from across the wireless industry, academia, and government in a series of keynote speeches, panels, and VIP discussions to begin shaping a clear vision for 6G and addressing the barriers that must be overcome to achieve it. You may learn more about the 6G Symposium here.
InterDigital Announces Date for Third Quarter 2020 Financial Results
GlobeNewswire
October 7, 2020
WILMINGTON, Del., Oct. 07, 2020 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that the company will release its third quarter 2020 financial results before market open on Thursday, November 5, 2020. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time to discuss the company’s financial performance and other company matters.
For a live Internet webcast of the conference call, visit http://www.interdigital.com and click on the link to the live webcast on the Investors page. The company encourages participants to take advantage of the Internet option.
For telephone access to the conference, call +1 (800) 367-2403 within the United States or Canada or +1 (334) 777-6978 from outside the United States. Please call by 9:50 a.m. ET on November 5th and give the operator conference ID number 7531214.
An Internet replay of the conference call will be available on InterDigital’s website in the Investors section. In addition, a telephone replay will be available from 1:00 p.m. ET November 5th through 1:00 p.m. ET November 10th. To access the recorded replay, call +1 (888) 203-1112 or +1 (719) 457-0820 and use the replay code 7531214.
Here's What We Think About InterDigital's (NASDAQ:IDCC) CEO Pay
Simply Wall St.
September 28, 2020
William Merritt became the CEO of InterDigital, Inc. (NASDAQ:IDCC) in 2005, and we think it's a good time to look at the executive's compensation against the backdrop of overall company performance. This analysis will also evaluate the appropriateness of CEO compensation when taking into account the earnings and shareholder returns of the company.
See our latest analysis for InterDigital
How Does Total Compensation For William Merritt Compare With Other Companies In The Industry?
According to our data, InterDigital, Inc. has a market capitalization of US$1.7b, and paid its CEO total annual compensation worth US$3.4m over the year to December 2019. That's a notable increase of 14% on last year. While this analysis focuses on total compensation, it's worth acknowledging that the salary portion is lower, valued at US$681k.
On examining similar-sized companies in the industry with market capitalizations between US$1.0b and US$3.2b, we discovered that the median CEO total compensation of that group was US$2.8m. From this we gather that William Merritt is paid around the median for CEOs in the industry. Furthermore, William Merritt directly owns US$11m worth of shares in the company, implying that they are deeply invested in the company's success.
On an industry level, around 24% of total compensation represents salary and 76% is other remuneration. InterDigital pays a modest slice of remuneration through salary, as compared to the broader industry. If total compensation is slanted towards non-salary benefits, it indicates that CEO pay is linked to company performance.
A Look at InterDigital, Inc.'s Growth Numbers
Over the last three years, InterDigital, Inc. has shrunk its earnings per share by 49% per year. Its revenue is up 21% over the last year.
The decrease in EPS could be a concern for some investors. But on the other hand, revenue growth is strong, suggesting a brighter future. It's hard to reach a conclusion about business performance right now. This may be one to watch. Historical performance can sometimes be a good indicator on what's coming up next but if you want to peer into the company's future you might be interested in this free visualization of analyst forecasts.
Has InterDigital, Inc. Been A Good Investment?
With a three year total loss of 19% for the shareholders, InterDigital, Inc. would certainly have some dissatisfied shareholders. Therefore, it might be upsetting for shareholders if the CEO were paid generously.
In Summary...
As we touched on above, InterDigital, Inc. is currently paying a compensation that's close to the median pay for CEOs of companies belonging to the same industry and with similar market capitalizations. But revenue growth seems to be inching northward, a heartening sign for the company. Contrarily, shareholder returns are in the red over the same stretch. EPS growth is bleak as well, adding fuel to the fire. We'd say CEO compensation isn't unfair, but shareholders may be wary of a bump in pay before the company substantially improves overall performance.
CEO pay is simply one of the many factors that need to be considered while examining business performance. That's why we did our research, and identified 3 warning signs for InterDigital (of which 1 is concerning!) that you should know about in order to have a holistic understanding of the stock.
https://finance.yahoo.com/news/heres-think-interdigitals-nasdaq-idcc-121508298.html
Could it be that tough talking from the Chairman AND shareholders has finally put fire under his feet. Produce or get out! ?
InterDigital Q2 2020 Earnings Preview
Aug. 5, 2020 1:05 PM ET|About: InterDigital, Inc. (IDCC)|By: Khyathi Dalal, SA News Editor
InterDigital (NASDAQ:IDCC) is scheduled to announce Q2 earnings results on Thursday, August 6th, before market open.
The consensus EPS Estimate is $0.94 (+291.7% Y/Y) and the consensus Revenue Estimate is $99.34M (+31.4% Y/Y).
Over the last 1 year, IDCC has beaten EPS estimates 50% of the time and has beaten revenue estimates 75% of the time.
Over the last 3 months, EPS estimates have seen 2 upward revisions and 1 downward. Revenue estimates have seen 3 upward revisions and 0 downward.
Second Quarter 2020 Earnings Call
Thursday, August 6, 2020 10:00 AM ET
Still think Titan scammed regulators by selling shares @ $1.57 in the 11th hour in order to keep listing on the NASDAQ.
13 days later, shares were trading below $1.00 and share price has continued to fall to just below $0.76 per share.
Wonder how the big buyer at $1.57 views their investment at that time.
InterDigital (NASDAQ:IDCC) Has A Rock Solid Balance Sheet
Simply Wall St
,Simply Wall St.•July 2, 2020
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital. So it might be obvious that you need to consider debt, when you think about how risky any given stock is, because too much debt can sink a company. We note that InterDigital, Inc. (NASDAQ:IDCC) does have debt on its balance sheet. But the real question is whether this debt is making the company risky.
When Is Debt Dangerous?
Debt is a tool to help businesses grow, but if a business is incapable of paying off its lenders, then it exists at their mercy. If things get really bad, the lenders can take control of the business. However, a more common (but still painful) scenario is that it has to raise new equity capital at a low price, thus permanently diluting shareholders. By replacing dilution, though, debt can be an extremely good tool for businesses that need capital to invest in growth at high rates of return. When we examine debt levels, we first consider both cash and debt levels, together.
See our latest analysis for InterDigital
What Is InterDigital's Net Debt?
The chart below, which you can click on for greater detail, shows that InterDigital had US$327.2m in debt in March 2020; about the same as the year before. But it also has US$780.9m in cash to offset that, meaning it has US$453.7m net cash.
NasdaqGS:IDCC Historical Debt July 2nd 2020
NasdaqGS:IDCC Historical Debt July 2nd 2020
More
How Healthy Is InterDigital's Balance Sheet?
According to the last reported balance sheet, InterDigital had liabilities of US$185.8m due within 12 months, and liabilities of US$503.3m due beyond 12 months. On the other hand, it had cash of US$780.9m and US$25.6m worth of receivables due within a year. So it actually has US$117.4m more liquid assets than total liabilities.
This short term liquidity is a sign that InterDigital could probably pay off its debt with ease, as its balance sheet is far from stretched. Simply put, the fact that InterDigital has more cash than debt is arguably a good indication that it can manage its debt safely.
Importantly, InterDigital grew its EBIT by 32% over the last twelve months, and that growth will make it easier to handle its debt. When analysing debt levels, the balance sheet is the obvious place to start. But it is future earnings, more than anything, that will determine InterDigital's ability to maintain a healthy balance sheet going forward. So if you want to see what the professionals think, you might find this free report on analyst profit forecasts to be interesting.
Finally, a company can only pay off debt with cold hard cash, not accounting profits. While InterDigital has net cash on its balance sheet, it's still worth taking a look at its ability to convert earnings before interest and tax (EBIT) to free cash flow, to help us understand how quickly it is building (or eroding) that cash balance. Over the last three years, InterDigital actually produced more free cash flow than EBIT. That sort of strong cash generation warms our hearts like a puppy in a bumblebee suit.
Summing up
While we empathize with investors who find debt concerning, you should keep in mind that InterDigital has net cash of US$453.7m, as well as more liquid assets than liabilities. And it impressed us with free cash flow of US$58m, being 118% of its EBIT. So we don't think InterDigital's use of debt is risky. When analysing debt levels, the balance sheet is the obvious place to start. But ultimately, every company can contain risks that exist outside of the balance sheet. Be aware that InterDigital is showing 5 warning signs in our investment analysis , and 1 of those is a bit concerning...
f, after all that, you're more interested in a fast growing company with a rock-solid balance sheet, then check out our list of net cash growth stocks without delay.
This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
INTERESTING ! Priceshoots up to $1.57 stays above $1.00 for 13 days, and now falls below the $1.00 benchmark for compliance with NASDAQ rules.
Is it just a coincidence or did MC concoct this plan to keep off the pink sheets?
JUST WONDERING.
Stephen J. Akerley Joins InterDigital as Vice President, Litigation
Former Mintz Levin partner, SEP and FRAND expert to lead company’s global litigations, including Lenovo UK case
Company Release - 6/8/2020 8:30 AM ET
WILMINGTON, Del., June 08, 2020 (GLOBE NEWSWIRE) --
InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that Stephen J. Akerley has joined the company as Vice President, Litigation.
In his 28-year career, Mr. Akerley has forged a presence as a leading voice and litigator on IP issues worldwide. He has been a partner at various top law firms, including Dechert LLP and, since 2017, Mintz Levin, specializing in standards-essential patent and FRAND issues. He has been quoted as an expert on IP issues in leading publications such as the Financial Times and Los Angeles Times, among others. Mr. Akerley has been listed among the top IP litigators in Silicon Valley and recognized multiple times as a top litigator by Daily Journal and National Law Journal.
“Steve Akerley is one of the most capable, knowledgeable and innovative litigators and thinkers in the matter of standards-essential patents, FRAND licensing, and intellectual property generally,” said Richard Gulino, Chief Legal Officer, InterDigital. “As a top research company and leader in fair, transparent licensing, InterDigital is pleased to add Steve to our team and we look forward to his contributions in framing discussions with potential customers.”
Yesterday's reaction to news about Medtronics was a knee jerk reaction to what APPEARS TO BE some good news.
What shareholders should do is to take profits (or minimize their existing losses) as this too shall pass and the share price will probably fall back down.
trading 90 million shares is no more than day traders selling and buying shares to get their quick gains on the news.
We shall see, as the stock ia down $0.40+ on the open.
JMO
nterDigital Announces Webcast Details of Annual Meeting of Shareholders
Company Release - 6/1/2020 8:30 AM ET
WILMINGTON, Del., June 01, 2020 (GLOBE NEWSWIRE) --
InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced the webcast details of the company’s 2020 Annual Meeting of Shareholders, to be held on Wednesday, June 3, 2020 at 2:00 PM Eastern Time.
The virtual shareholder meeting can be accessed by visiting www.virtualshareholdermeeting.com/IDCC2020. Shareholders of record of InterDigital’s common stock at the close of business on April 1, 2020 may attend and participate by entering their 16-digit control number included in their proxy notice materials. Instructions on how to obtain your control number if you do not have it can be found on our website by clicking here.
Other shareholders and interested persons may access the live webcast by registering as a guest.
Online check-in will begin at 1:30 p.m. Eastern Time. Please allow sufficient time to complete the online check-in process. An archive of the webcast will be available for replay within 24 hours after the meeting.
They could receive funding via a raise or a placement of additional shares with warrants, further diluting the company.
Bottom line, no matter what they do, it is only pushing off the inevitable.
jmo
My guess is that the job postings are to get them through the annual meeting where they can show that they are making an effort to make a go of the robot. The money they raised from the offerings will be used to pay management salaries and new hires for the new hires for a few months before they need to do another raise or get them to a level that they are not delisted.
They will probably spill tears at the meeting saying the Pandemic delayed any progress on the robot.
Will they mention anything about their goal for the BOD and management to find a solution to their problems? Their response will probably be that in the best interests of TITAN, they will proceed with the development of the Robot. They will also say they are working diligently to find a partner or a suitor.
Bottom line IMO is they will sell for pennies on the dollar or default and go bankrupt.
What happened with the $63.65 pre market high? Gone with the wind?
Sure positive -- he sees a heck of a bonus at year-end.
When is 'D' day for Titan (D = Delisting)?
InterDigital Q1 2020 Earnings Preview
May 6, 2020 12:44 PM ET
About: InterDigital, Inc. (IDCC)|By: Pranav Ghumatkar, SA News Editor
InterDigital (NASDAQ:IDCC) is scheduled to announce Q1 earnings results on Thursday, May 7th, before market open.
The consensus EPS Estimate is $0.25 (+377.8% Y/Y) and the consensus Revenue Estimate is $74.91M (+9.2% Y/Y).
Over the last 1 year, IDCC has beaten EPS estimates 75% of the time and has beaten revenue estimates 75% of the time.
Over the last 3 months, EPS estimates have seen 1 upward revision and 2 downward. Revenue estimates have seen 1 upward revision and 3 downward.
Titan Medical Announces Closing of US$2.0 Million Registered Direct Offering
Business Wire Business Wire•May 6, 2020
Priced At-the-Market under Nasdaq Rules
Titan Medical Inc. ("Titan" or the "Company") (TSX:TMD) (Nasdaq:TMDI), a medical device company focused on the design and development of a single-port robotic surgical system for application in minimally invasive surgery ("MIS"), is pleased to announce today that it closed its previously announced registered direct offering priced at-the-market under Nasdaq rules for the purchase and sale of 5,514,504 common shares of the Company (the "Common Shares") at a price of US$0.36268 per Common Share and 2,757,252 unregistered Common Share purchase warrants (each, a "Warrant"), resulting in total gross proceeds to the Company of approximately US$2.0 million. Each whole Warrant is exercisable to purchase one Common Share (a "Warrant Share") at an exercise price of US$0.3002 per Common Share for a period of five and one-half (5.5) years from the date hereof.
H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.
Titan intends to use the net proceeds from the offering for general corporate purposes including: resuming the development of its single-port robotic surgical system, instruments and accessories; funding working capital (including the reduction of outstanding payables); and capital expenditures.
The Common Shares (but not the Warrants or the Common Shares underlying the Warrants) were offered and sold in the registered direct offering by Titan pursuant to a "shelf" registration statement on Form F-3 (Registration No. 333-232898), including a base prospectus, previously filed with and declared effective by the Securities and Exchange Commission (the "SEC") on August 2, 2019. A prospectus supplement that forms a part of the registration statement dated May 3, 2020 was filed with the SEC and is available on the SEC’s website located at http://www.sec.gov. Electronic copies of the prospectus supplement and accompanying base prospectus may also be obtained by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by phone at 646-975-6996 or e-mail at placements@hcwco.com.
The Warrants described above were offered and sold in a private placement under the United States Securities Act of 1933, as amended (the "Act"), and the Warrants and Common Shares issuable upon exercise of the Warrants have not been registered under the Act or applicable state securities laws. Accordingly, the Warrants and Common Shares issuable upon exercise of the Warrants may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Act and such applicable state securities laws.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction, and no securities have or will be offered or sold to residents of Canada.
The Toronto Stock Exchange ("TSX") has confirmed that the Company qualifies as an "Eligible Interlisted Issuer" pursuant to Section 602.1 of the TSX Company Manual which provides that the TSX will not apply certain of its requirements to issuers whose shares are listed on another recognized stock exchange such as the Nasdaq Capital Market. The TSX has determined to accept notice of the offering and has conditionally approved for listing up to an additional 29,328,422 Common Shares.
Titan Medical Announces US$2.0 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
Business Wire
Business Wire•May 4, 2020
Titan Medical Inc. ("Titan" or the "Company") (TSX:TMD) (Nasdaq:TMDI), a medical device company focused on the design, development and commercialization of a robotic surgical system for application in minimally invasive surgery ("MIS"), is pleased to announce today that it has entered into definitive agreements with institutional investors that provide for the purchase and sale of 5,514,504 common shares of the Company (the "Common Shares") at a per share purchase price of US$0.36268 per Common Share in a registered direct offering priced at-the-market under Nasdaq rules, resulting in expected total gross proceeds of approximately US$2.0 million. In addition, Titan has agreed to issue to the investors unregistered warrants to purchase up to an aggregate of 2,757,252 Common Share purchase warrants (each, a "Warrant"). Each whole Warrant is exercisable to purchase one Common Share (a "Warrant Share") at an exercise price of US$0.3002 per Common Share for a period of five and one-half (5.5) years following the date of closing of the offering.
H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.
The closing of the sale of the securities is expected to occur on or about May 6, 2020, subject to the satisfaction of customary closing conditions including required approvals from the Toronto Stock Exchange ("TSX"). Titan intends to use the net proceeds from the offering for general corporate purposes including: resuming the development of its single-port robotic surgical system, instruments and accessories; funding working capital (including the reduction of outstanding payables); and capital expenditures.
The Common Shares (but not the Warrants or the Common Shares underlying the Warrants) are being offered and sold in the registered direct offering by Titan pursuant to a "shelf" registration statement on Form F-3 (Registration No. 333-232898), including a base prospectus, previously filed with and declared effective by the Securities and Exchange Commission (the "SEC") on August 2, 2019. The offering of the Common Shares will be made only by means of a prospectus supplement that forms a part of the registration statement to be dated on or about May 4, 2020. The prospectus supplement will be filed with the SEC and will be available on the SEC's website located at http://www.sec.gov. Electronic copies of the prospectus supplement and accompanying base prospectus may also be obtained, when available, by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by phone at 646-975-6996 or e-mail at placements@hcwco.com.
The Warrants described above were offered in a private placement under the United States Securities Act of 1933, as amended (the "Act"), and the Warrants and Common Shares issuable upon exercise of the Warrants have not been registered under the Act or applicable state securities laws. Accordingly, the Warrants and Common Shares issuable upon exercise of the Warrants may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Act and such applicable state securities laws.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction, and no securities will be offered or sold to residents of Canada.
The TSX has confirmed that the Company qualifies as an "Eligible Interlisted Issuer" pursuant to Section 602.1 of the TSX Company Manual which provides that the TSX will not apply certain of its requirements to issuers whose shares are listed on another recognized stock exchange such as the Nasdaq Capital Market. The TSX has determined to accept notice of the Offering and has conditionally approved for listing up to an additional 29,328,422 Common Shares.
Wondering if:
Merritt actually went to China to get the signed agreement
or
Was it a virtual agreement
or
Someone was sitting on the announcement since prior to the boarder closing in February by Trump!
Seems like I missed the information about a lawsuit.
Who is suing, for how much, and what are the allegations of the suit?
tia
InterDigital Highlights Promise of Volumetric Video and Mixed Reality at Annual Laval Virtual Conference
Presentations on volumetric video and mixed reality workflows showcase expertise in immersive virtual environments
Company Release - 4/22/2020 7:00 PM ET
WILMINGTON, Del., April 22, 2020 (GLOBE NEWSWIRE) --
InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced two cutting-edge presentations at the Laval Virtual Conference. The annual conference, dedicated to virtual reality and technologies, will be held virtually from April 22 – 24. InterDigital Research and Innovation’s Immersive Lab Technical Area Leaders Valérie Allié and Caroline Baillard will showcase InterDigital’s research and outline the industry potential for volumetric video and mixed reality.
InterDigital has been a long-time participant and contributor to the Laval Virtual Conference. For 20 years, the conference has united technology experts and industry leaders from around the world to explore the prospects for virtual reality and enable new immersive experiences. Traditionally held in Laval, France, this year’s conference will be held virtually and showcase the innovations that enhance immersive video experiences, like VR headsets and devices, content development techniques, and new tech use cases. InterDigital’s Immersive Lab, dedicated to developing tools and solutions for interactive media environments, drives leading research on virtual production, deep content generation, mixed reality, volumetric imaging, and other technologies that enable users to engage with the virtual world more seamlessly.
“The Laval Virtual Conference has been influential in guiding our understanding of virtual environments, and InterDigital’s research and innovation has helped shape how we implement and navigate immersive experiences within them. I applaud Valérie, Caroline, and all our teams’ work to support volumetric video adoption, overcome challenges to mixed reality workflows, and support our ability to engage and realize the benefits of an immersive and virtual world,” said Gael Seydoux, Director of InterDigital Research and Innovation’s Immersive Lab.
InterDigital’s presentation “Volumetric Video: Use Cases and Technology Challenges” will be delivered by Valérie Allié, Technical Area Leader, on Thursday, April 23 at 10:15am CET. The presentation will unpack the value of and prospects for volumetric video, an innovative video type that enables viewers to experience the sensations of depth and parallax from real and synthetic content. Enhancements in volumetric video and its content processing, light field capture, and distribution formats will hold immense promise for the seamless engagement in virtual environments.
InterDigital’s presentation “Mixed Reality Workflows in the Home” will be presented by Caroline Baillard, Technical Area Leader, on Friday, April 24 at 10:55 am CET. Leveraging InterDigital’s research to create and manipulate a machine-readable environment, the presentation will explore the challenges and solutions in enabling context-aware mixed reality experiences at home, while showcasing workflows for scene modeling, device localization, and more.
To learn more about the Laval Virtual Conference and register to attend, please click here.
To view the Conference presentations, please visit the Laval Virtual YouTube here.
To learn more about volumetric video, please click here.
Someone flushed the toilet again ! down she goes as predicted.
Looks like another pump-and dump run up again. Looking for more fools to buy into this pipe dream !
Don't count on J&J as a buyout candidate for Titan
J&J Buoyed by Tylenol, Branded Drugs While Devices Struggle
Bloomberg
Riley Griffin
April 14, 2020
(Bloomberg) -- Johnson & Johnson reined in its outlook for the year ahead after the coronavirus pandemic caused a surge in demand for its consumer brands like Tylenol but eroded sales of medical devices.
The world’s largest health-care conglomerate posted stronger revenue and earnings for the first quarter compared with a year earlier, and boosted its quarterly dividend. The upswing was partially driven by a jump in sales of pain relievers, shampoo and other household products as people around the world stocked up in order to shelter in place.
“There’s a strategic advantage of being the most broadly based health-care company in the industry,” Chief Executive Officer Alex Gorsky said on a conference call with investors on Tuesday.
J&J, which makes everything from innovative cancer therapies to medical devices to over-the-counter staples like Tylenol pain reliever and Listerine mouthwash, offers a revealing snapshot of a broad cross-section of the U.S. economy at a time when the pandemic is turning any previous assumptions investors might have had about this year inside-out.
Sales of medical devices dropped as health-care providers canceled and delayed elective surgeries to clear space in hospitals to care for coronavirus patients. J&J’s drug unit, the company’s largest and most consistent growth driver, saw steady demand for its medicines as patients shifted from 30-day to 90-day supplies.
MIRA: this situation is BO -- B(ody) O(dor). YES -- it does smell 1
Squinge: from NASDAQ website at conclusion of pre-market:
Pre-Market Volume:
Pre-Market High:
Pre-Market Low:
4,383
$ 42.01 (09:16:33 AM)
$ 41.87 (09:30:00 AM)
NASDAQ shows no pre market trades.
Geo: Didn't P T Barnum say