|Bid||1.6900 x 1200|
|Ask||1.7200 x 900|
|Day's Range||1.6100 - 1.8500|
|52 Week Range||1.5300 - 22.6100|
|Beta (3Y Monthly)||0.74|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||35.00|
MIAMI, Oct. 30, 2018 /PRNewswire/ -- Cool Holdings, Inc. (AWSM) ("Cool Holdings" or the "Company") today announced that it has closed a private placement of convertible securities in which it raised aggregate gross proceeds of $4 million. The Company sold $4 million of 12% unsecured convertible notes which mature in 12 months and are convertible into shares of the Company's common stock (the "Conversion Shares") beginning six months after issuance at $4.25 per share. Interest on the notes is payable in shares of common stock at the same rate at the earlier of conversion or maturity. Investors in the notes also received a warrant to purchase one-half share of common stock for each Conversion Share issuable under the notes at an exercise price of $4.25 per share. The warrants are exercisable beginning six months after issuance and expire three years from the date of issuance.
A relatively unknown company has struck a major deal with Apple, and is now seeking to earn a remarkable $3,750 per square foot per year in what can be seen as a unique real estate play
MIAMI, Sept. 18, 2018 /PRNewswire/ -- Cool Holdings, Inc. (AWSM) announced plans to continue the expansion of both its Apple® Boutique stores under the OneClick® brand and its Cooltech Distribution business. Over the course of the last year, the Company has acquired or opened 4 OneClick® stores in Florida, 6 stores in Argentina and 7 stores in the Dominican Republic. Felipe Rezk, Chief Sales and Marketing Officer of Cool Holdings, Inc. stated: "We plan to grow our OneClick® footprint through a combination of both organic growth with the development and construction of our own stores and acquisition of strategic Apple® retailers across the Americas.
NEW YORK, NY / ACCESSWIRE / September 18, 2018 / Shares of both Cool Holdings and Senomyx were on fire in Monday trading after the companies announced positive developments. Cool Holdings announced the new lineup of Apple iPhones that will be coming to its stores while Senomyx announced that it will be acquired by Firmenich for $1.50 a share. Cool Holdings, Inc. shares closed up nearly 37% on Monday with around 6.6 million shares traded.
MIAMI, Sept. 17, 2018 /PRNewswire/ -- Cool Holdings, Inc. (AWSM) announced today that it is preparing its OneClick® Apple boutique retail stores for the anticipated customer demand following the announcement last week by Apple® of the new iPhone lineup. The Company expects that its U.S. stores will launch the OneClick® stores new iPhone XS, iPhone XS Max and iPhone XR on or about October 15, 2018. This includes the four OneClick® stores in Florida located in Sawgrass Mills, Dolphin Mall, Orlando International Premium Outlet Mall and Wynwood. Availability at its stores in Argentina and the Dominic Republic will be announced shortly. The Company also announced that it will reduce the prices of all previous iPhone models by up to $100.
Shares of Cool Holdings (AWSM) were up about 42% through early afternoon trading hours Monday, adding to a recent run of momentum which has seen the stock gain more than 115% since bottoming out near its 52-week low in late August.
MIAMI, Sept. 17, 2018 /PRNewswire/ -- Cool Holdings, Inc. (AWSM) highlighted its new Flagship OneClick® store in Agora Mall in Santo Domingo. Recently acquired as part of a 7‑store chain, the Agora Mall store with 1,590 square feet is the largest Apple® authorized reseller retail location in the Dominican Republic. Designed as an extension of the Apple® brand experience and Apple's focus to improve its Latin American growth strategy, the store is located in a heavy traffic zone in the mall.
The Opening of this Official Apple Premium Partner Store Further Expands OneClick's Relations with Simon Property Group The Home of the 17th OneClick Store is Orlando's Most Trafficked Mall with Over 17 ...
MIAMI, Aug. 20, 2018 /PRNewswire/ -- Cool Holdings, Inc. (AWSM) today announced that it has expanded its Apple partnership by completing the acquisition of a chain of seven OneClick® retail stores in the Dominican Republic. OneClick® is a certified Apple® partner and authorized reseller of Apple® products and other high-profile accessory brands. The acquisition resulted from the exercise of an Option Agreement negotiated as part of the Merger with Cooltech Holding Corp. ("Cooltech") which closed March 12, 2018. As outlined in the Option Agreement, as amended, consideration for the option exercise consists of $4.3 million plus 625,077 shares of Cool Holdings common stock issuable to the shareholders of Cooltech at the time of the Merger. The $4.3 million of cash consideration consists of $3.7 million of cash previously advanced to the seller, the repayment obligation of which was cancelled, and the assumption by Cool Holdings of $600,000 of debt, which is due in installments in October 2018 and April 2019. All of the common stock issuable in connection with the option exercise will be "restricted securities," as defined in Rule 144(a)(3), promulgated under the Securities Act of 1933.
MIAMI, Aug. 16, 2018 /PRNewswire/ -- Cool Holdings, Inc. (AWSM) today announced that it has completed an exchange of $11.4 million of outstanding debt and related accrued interest into approximately 3,110,000 units at a price of $3.68 per unit. Each unit was comprised of (i) one share of common stock or 0% Series A Preferred stock of the Company and (ii) a warrant to purchase one share of common stock of the Company with an exercise price of $3.56 per share. The warrants are exercisable beginning six months after issuance and expire three years from the date of issuance. Each share of preferred stock is convertible into common stock on a one-for-one basis. The exchange of units for outstanding debt and related accrued interest was made in reliance on the exemption from the registration requirements of the Securities Act of 1933, as amended (the "Act"), provided by Section 3(a)(9) of the Act., and all of the securities issued in the transaction are "restricted securities.," as defined in Rule 144(a)(3), promulgated under the Act. Following the transaction, the Company now has 7,202,284 common shares outstanding.