Streetbeat News

MINM

Minim Inc

Open

0.46

Mkt cap

1.6M

Volume

High

0.46

P/E Ratio

-0.23

52-wk high

6.93

Low

0.44

Div yield

N/A

52-wk low

0.11

Minim, Inc. (NASDAQ:MINM) shares surged premarket after announcing a definitive merger agreement with e2Companies, LLC in an all-stock deal. Post-merger, e2Companies will become a wholly owned subsidiary of Minim, with e2Companies' interest holders owning approximately 97% of the combined entity. The merged company, expected to operate as e2Companies, Inc. and trade on the Nasdaq, aims to focus on grid modernization solutions. The transaction is anticipated to close in Q2 2024.

Portfolio Pulse from Lekha Gupta

March 13, 2024 | 12:57 pm

SurgePays, Inc. (NASDAQ:SURG) shares fell by approximately 15% in pre-market trading due to worse-than-expected Q4 financial results. Other stocks also showed significant movement in pre-market trading, with notable gainers including NuCana plc (NASDAQ:NCNA) and ShiftPixy, Inc. (NASDAQ:PIXY), and losers like Aeva Technologies, Inc. (NASDAQ:AEVA) and Bit Origin Ltd (NASDAQ:BTOG).

Portfolio Pulse from Avi Kapoor

March 13, 2024 | 12:24 pm

Minim shares have seen an uptick following the announcement of a definitive merger agreement with e2Companies. This strategic move could potentially enhance Minim's market position and offer new growth avenues.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 11:05 am

Dollar Tree, Minim, Williams-Sonoma, Clover Health Investments, and Lennar Corporation are stocks to watch, with earnings reports and a merger announcement affecting their after-hours trading. Dollar Tree and Williams-Sonoma are set to report earnings, Minim announced a merger with e2Companies, Clover Health reported strong Q4 revenue and FY24 guidance, and Lennar is expected to report earnings.

Portfolio Pulse from Avi Kapoor

March 13, 2024 | 8:40 am

In Tuesday's after-market session, several information technology stocks experienced significant movements. Minim's stock surged by 71.7%, while ClearOne and MariaDB also saw notable gains. On the downside, Luna Innovations, ReAlpha Tech Corp, and Aware faced steep declines, with their stock prices dropping by 20.1%, 18.75%, and 14.37% respectively. The movements were influenced by various factors including Q4 earnings reports for Veritone, Aware, Synchronoss Technologies, and Transact Technologies.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 9:33 pm

Minim's stock price increased following the announcement of a definitive merger agreement with e2Companies. This strategic move could potentially enhance Minim's market position and financial performance.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:36 pm

E2companies and Minim have reached an agreement where E2companies holders will own about 97% of the combined entity, while Minim securityholders will own approximately 3% on a fully diluted basis.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:35 pm

Minim, Inc. (NASDAQ:MINM) has announced a definitive merger agreement with e2Companies, LLC, in an all-stock transaction. The merger, expected to close in Q2 2024, will result in the combined entity operating as e2Companies, Inc. and trading on the Nasdaq Capital Market. The merger aims to accelerate the commercialization of AI data-driven networking solutions for grid modernization. Post-merger, e2Companies will become a wholly owned subsidiary of Minim, with e2Companies' interest holders owning approximately 97% and Minim's securityholders owning about 3% of the combined company.

Portfolio Pulse from Happy Mohamed

March 12, 2024 | 8:34 pm

The Board of Directors of Minim has decided against proceeding with the previously considered 1-for-3 reverse stock split, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 6:26 pm

In Tuesday's after-market session, several information technology stocks showed significant movement. CrowdStrike Holdings, Couchbase, and Box reported Q4 earnings, contributing to their stock price increases. Other notable gainers included Alarum Technologies, Argo Blockchain, and Mawson Infra Gr. Conversely, Minim, CISO Global, Quantum, 8x8, NAPCO Security Techs, and Phunware experienced declines in their stock prices.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 9:31 pm

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