2021.10.19 14:50 Decoart24 Miska dekoracyjna metalowa - Misa złota Cedric - 26cm
|submitted by Decoart24 to dekoracjadomu [link] [comments]|
2021.10.19 14:50 BahBahSMT The origin of “quitting”
For the past 700 years the origin of the word quitting was- “To be set free from. To be calm. To rest” Quit. Be free, be calm. And rest. IWNDWYT.
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2021.10.19 14:50 Ashyisahomo WHAT IS THIS ???
|submitted by Ashyisahomo to memulous [link] [comments]|
2021.10.19 14:50 Level-Unit-9021 Who’d you rather have?
2021.10.19 14:50 Aman690 Also the netflix show releasing in the same month
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2021.10.19 14:50 AshaSaini People who consume intoxicants Not realizing the importance and preciousness of this human body which is granted for the sole motive of attaining salvation.
|submitted by AshaSaini to UniverseInfo [link] [comments]|
2021.10.19 14:50 lepatuss Intro map
2021.10.19 14:50 Mike1metal This is good news
Phunware Closes Acquisition of High Performance Computer Provider Lyte Technology 8:30am ET 10/19/2021 Globe Newswire Phunware, Inc. (NASDAQ: PHUN) (the "Company"), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, announced today it has formally closed the acquisition of privately-held Lyte Technology, Inc. ("Lyte"), a fast-growing provider of high performance computer systems. The Company financed the closing consideration of $3.32 million with cash on-hand and unsecured, non-dilutive debt.
Lyte Technology Overview
Founded in 2018, Lyte is a profitable, rapidly-growing system integrator that specializes in marketing and distributing custom, high-end computer systems off-the-shelf with advanced graphic processing units for gaming, streaming and cryptocurrency mining. Currently located in Illinois, Lyte employs over 25 people and ships thousands of computer systems per quarter to a unique customer network that has largely grown through word-of-mouth.
Acquisition Summary and Rationale (Unaudited)
-- No Company common stock was issued at closing.
-- Lyte enables Phunware to enter the high performance personal computer market, which JPR estimates is a $32 billion USD market that is expected to grow at a 20.4% CAGR over the next five years.
-- Complementary and synergistic go-to-market strategies exist, with no overlap in the companies' relevant partner or customer bases.
-- Lyte's customers represent gamers, developers, content creators and crypto enthusiasts who will support the adoption, scale and infrastructure required for Phunware to deploy its decentralized data economy powered by PhunCoin and PhunToken.
"Pre-acquisition, Q3 organic net revenues are expected to exceed 50% quarter-over-quarter growth sequentially when formally announced in mid-November, so this accretive inorganic acquisition puts us in a great position to not only continue that organic momentum in Q4, but also leverage a brand new, strategic distribution network for our recently announced blockchain initiatives," said Alan S. Knitowski, President, CEO and Co-Founder of Phunware. "Software exists at the pleasure of hardware, so much like Amazon invested in the resources necessary to deliver a global on-demand economy, Phunware is investing in the resources necessary to deliver a decentralized global data economy."
"Since inception, our demand has always outpaced our supply, so I am excited to better resource and scale Lyte within an innovative public company that has a strategic focus on decentralizing data," said Caleb Borgstrom, Founder and CEO of Lyte Technology. "I expect Lyte to materially contribute to Phunware's operational and financial success rolling forward, while delivering a worldwide distributed network of high performance computing platforms to serve as decentralized oracles, validators and nodes that efficiently bridge the gap between external data on the existing web and blockchain-based applications on mobile."
Phunware financed the acquisition with a combination of existing cash on-hand and unsecured debt. Phunware issued a Promissory Note (the "Note") to Streeterville Capital, LLC, borrowing $5.22 million at 0% interest with a 12-month maturity date. Beginning in January 2022, the Company will make equal monthly payments on the outstanding principal. Monthly payments will be made in cash and are subject to a 10% payment premium. In conjunction with closing the Note, the Company received net cash proceeds of $4.74 million. Joseph Gunnar & Co., LLC, served as placement agent for the transaction.
Safe Harbor Clause and Forward-Looking Statements
This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "expose," "intend," "may," "might," "opportunity," "plan," "possible," "potential," "predict," "project," "should," "will," "would" and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.
The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described under the heading "Risk Factors" in our filings with the Securities and Exchange Commission (SEC), including our reports on Forms 10-K, 10-Q, 8-K and other filings that we make with the SEC from time to time. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described under "Risk Factors" in our SEC filings may not be exhaustive.
By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.
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2021.10.19 14:50 HearTomorrow Luteolin Suppresses Microglia Neuroinflammatory Responses and Relieves Inflammation-Induced Cognitive Impairments
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2021.10.19 14:50 reddit_feed_bot ScottAdamsSays: RT @AdamDopamine: @ScottAdamsSays Mocked at the time. Another Trump prediction come true. https://t.co/bMIMOj5svN
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2021.10.19 14:50 AkaGurGor YUCK!
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2021.10.19 14:50 T_raltixx Peach in The Good Life
2021.10.19 14:50 Kyran_Boyce Time to tell my story of how I almost died at gymnastics going live at 8/9pm today on Instagram @kyranboyce_uk give a follow and and come tune in
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2021.10.19 14:50 thr33pwood Ich👴iel
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2021.10.19 14:50 reddit_feed_bot ScottAdamsSays: We hoped the COVID shots would stop infections from spreading. It doesn't do that completely. Do you believe the government was...
|submitted by reddit_feed_bot to TheTwitterFeed [link] [comments]|
2021.10.19 14:50 fionnualabourke World’s biggest ever artwork unveiled in Birmingham
2021.10.19 14:50 gadielgc Low res image of Garnt and Connor staring at Joey’s ass
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2021.10.19 14:50 AdministrationSea169 Tips for BEGINNER Pokemeow Users
2021.10.19 14:50 RedRum_Gaming_VR Contractors VR M16 Lumber Chopping
2021.10.19 14:50 Petri-Dish Found these in Easter, Ma. Havent seen anything like them before or since.
|submitted by Petri-Dish to mycology [link] [comments]|
2021.10.19 14:50 bitstore_official_ Answer Questions and Win $300!
| Everyone is welcome to participate, the event will be valid for a long time. And more campaigns will be coming soon!!|
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2021.10.19 14:50 cbvv1992 🔥36% Price Drop – $38.29 Happy Trails Plush Rocking Patricia Pony!!
|submitted by cbvv1992 to DealAndSale [link] [comments]|
2021.10.19 14:50 _jennius_ Three passions have governed my life: the longing for love, the search for knowledge, and unbearable pity for the suffering of the world. [32f]
|submitted by _jennius_ to selfie [link] [comments]|
2021.10.19 14:50 Interesting_Ad1598 An app where you can see the ratings of customer and restaurant
| Hi everyone, I am planning to build an app which will work as below: |
submitted by Interesting_Ad1598 to doordash_drivers [link] [comments]
2021.10.19 14:50 hodl_BLVR Does anyone know any platform to find out crypto arbitrage opportunities?