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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 ...
REDWOOD SHORES, Calif., Nov. 26, 2018 -- iPass Inc. (NASDAQ: IPAS), a leading provider of global mobile connectivity and location technology, today announced that Deutsche.
REDWOOD SHORES, Calif., Nov. 21, 2018 (GLOBE NEWSWIRE) -- iPass Inc. (IPAS), a leading provider of global mobile connectivity and location technology, today announced that the Nasdaq Hearings Panel (the “Panel”) has determined to revise its determination of November 5, 2018, to delist the shares of the Company. iPass provided additional information to the Panel in a Motion for Reconsideration and the Panel determined to reinstate trading on Nasdaq and extend the listing through January 31, 2019. The lifting of the Company’s suspension of trading will be effective at the open of the market on Friday, November 23, 2018. All other trademarks are owned by their respective owners.
NEW YORK, Nov. 13, 2018 -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of iPass Inc. (Other OTC: IPAS) on behalf of.
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, Nov. 13, 2018 -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased iPass Inc. (“iPass” or the.
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.
REDWOOD SHORES, Calif., Nov. 06, 2018 (GLOBE NEWSWIRE) -- iPass Inc. (IPAS), a leading provider of global mobile connectivity and location technology, today announced that it has received written notification from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Nasdaq Hearings Panel (the “Panel”), after the most recent October 25, 2018 hearing before the Panel, has determined to delist the Company’s shares from The Nasdaq Capital Market, pending the applicable appeal and review periods. Accordingly, effective with the open of business on Wednesday, November 7, 2018, the trading in the Company’s common stock will be suspended on Nasdaq due to the Company’s non-compliance with the minimum $35 million market value of listed securities requirement. In accordance with the Nasdaq Listing Rules, the Company may request that the Panel reconsider its decision or appeal the delisting determination to the Nasdaq Listing and Hearing Review Council, but it must do so within the next 7 or 15 days, respectively.
Pareteum Corporation (TEUM), a cloud software platform company, today announced that it is partnering with the City of Kyiv, Ukraine, to bring Kyiv’s Smart City Accelerator to Silicon Valley, in cooperation with Pareteum strategic partner iPass (IPAS). The accelerator will provide startup teams and developers of innovative civic products with access to infrastructure, data, systems and other resources of Kyiv City, which has a population of four million. The accelerator will focus on artificial intelligence, blockchain and the internet of things, and the team in Kyiv will support scaling the best and the most innovative technology solutions with the assistance of social-impact funding.
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.