Previous Close | 3.2500 |
Open | 3.3400 |
Bid | 0.65 x 900 |
Ask | 0.00 x 800 |
Day's Range | 3.0000 - 3.3400 |
52 Week Range | 1.1000 - 5.2000 |
Volume | 0 |
Avg. Volume | 76,208 |
Market Cap | 25.863M |
Beta (3Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | Feb 19, 2019 - Feb 25, 2019 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 2.20 |
NEW YORK, Feb. 13, 2019 /PRNewswire/ -- Pareteum Corporation (Nasdaq: TEUM), a rapidly growing global cloud software communications platform company with a mission to connect "every person and every(thing)," announced today that it has accepted for exchange all shares of iPass Inc. (IPAS), a provider of global mobile connectivity, and location and performance data ("iPass"), validly tendered in the previously announced tender offer by a wholly-owned subsidiary of Pareteum to acquire all of the outstanding shares of iPass for the agreed consideration of 1.17 shares of Pareteum stock for each share of iPass. The shares accepted represent approximately 66.78% of iPass's outstanding shares of common stock. The tender offer expired at 5:00 pm, New York City time, on February 12, 2019.
NEW YORK, Jan. 14, 2019 /PRNewswire/ -- Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, announced today that it has extended the offering period of its previously announced tender offer to purchase all outstanding shares of iPass Inc. (IPAS), a provider of global mobile connectivity, and location and performance data, due to unexpected government closure causing delays with Pareteum's registration statement. The tender offer is being made pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of November 12, 2018, by and among Pareteum Corporation ("Pareteum"), iPass Inc. ("iPass") and TBR, Inc., a wholly-owned subsidiary of Pareteum ("TBR").
NEW YORK, NY / ACCESSWIRE / December 7, 2018 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...
NEW YORK, Dec. 06, 2018 -- Bragar Eagel & Squire, P.C. reminds investors that it is investigating potential claims on behalf of stockholders of ARRIS International plc,.
NEW YORK , Dec. 1, 2018 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
The cloud software platform provider just unveiled an all-stock acquisition. Here's what investors need to know.
Do you own shares of iPass Inc. (OTC PINK: IPAS)? Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of iPass Inc. (“iPass” or the “Company”) (OTC PINK: IPAS) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to merge with Pareteum Corporation (“Pareteum”) (NASDAQ CM: TEUM). Under the terms of the agreement, shareholders of iPass will receive 1.17 shares of Pareteum common stock for each share of iPass common stock.
NEW YORK and REDWOOD SHORES, Calif., Nov. 12, 2018 /PRNewswire/ -- Pareteum Corporation (TEUM), a cloud software platform company, and iPass, Inc. (IPAS), a provider of global mobile connectivity, and location and performance data, today announced that they have entered into a definitive agreement under which Pareteum will acquire iPass in an all-stock transaction whereby iPass shareholders will receive 1.17 shares of Pareteum common stock in an exchange offer. With this accretive acquisition, Pareteum expects to gain a strategic position with new marquee brands and new markets including the enterprise, airline, hospitality, retail and internet of things (IoT) sectors. Pareteum expects to strengthen its established intellectual property portfolio with the addition of over 40 U.S. and international patents.
On the surface, iPass (NASDAQ:IPAS) appears to be a compelling investment. A mobile connectivity and location-technology provider, IPAS stock is levered toward an ultra-high demand industry. On that front, iPass delivers the goods.