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0 0 0.0218518518518518 0.0123456790123456 0.0158024691358024 -1.37064570941377E-16 0.0058641975308641 -0.00617283950617298
Stock impact report

Smith Micro Retires Senior Secured Convertible Notes [Yahoo! Finance]

Smith Micro Software, Inc. (SMSI) 
Last smith micro software, inc. earnings: 3/5 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: smithmicro.com/company/investors/overview
Company Research Source: Yahoo! Finance
issued in August of 2022 to certain accredited investors have been retired at maturity in accordance with their terms. "Retiring the convertible notes is a significant step for the company as we enter 2024," said William W. Smith Jr., president, chief executive officer, and chairman of the board of Smith Micro. "The net proceeds from the notes helped to fund our migration of a tier one carrier to our SafePath ® platform in 2023. I view it as a very positive step that we can once again say that we carry no debt on our balance sheet, other than normal course payables and financing arrangements." Smith continued, "We remain very excited about our outlook as we drive to deliver new, innovative technologies and creative marketing initiatives to further expand the reach of our SafePath ® platform, while adding new subscribers in 2024 and beyond." About Smith Micro Smith Micro develops software to simplify and enhance the mobile experience, providing solutions to some of the leading Show less Read more
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