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Cool Holdings Inc (AWSM.OQ)

AWSM.OQ on NASDAQ Stock Exchange Capital Market

2.61USD
18 Apr 2019
Change (% chg)

$-0.10 (-3.69%)
Prev Close
$2.71
Open
$2.66
Day's High
$2.70
Day's Low
$2.61
Volume
24,230
Avg. Vol
112,945
52-wk High
$22.61
52-wk Low
$1.15

Latest Key Developments (Source: Significant Developments)

Cool Holdings Says It Entered Into 3 Release Agreements
Monday, 17 Sep 2018 

Sept 17 (Reuters) - Cool Holdings Inc ::COOL HOLDINGS SAYS ON SEPT 13, CO THROUGH ITS UNIT ENTERED INTO 3 RELEASE AGREEMENTS - SEC FILING.COOL HOLDINGS - UNDER TERMS, UNIT TO EXCHANGE OBLIGATIONS TO 3 PARTIES IN AGGREGATE AMOUNT OF $1.02 MILLION FOR ISSUANCE OF 289,678 UNITS AT $3.53/UNIT.  Full Article

Cool Holdings Says On August 15, Co Entered Into Exchange Agreements - SEC Filing
Thursday, 16 Aug 2018 

Aug 16 (Reuters) - Cool Holdings Inc ::COOL HOLDINGS SAYS ON AUGUST 15, 2018, CO ENTERED INTO EXCHANGE AGREEMENTS - SEC FILING.COOL HOLDINGS - CO AGREED TO EXCHANGE PRINCIPAL,ACCRUED INTEREST OF PROMISSORY NOTES ISSUED TO 21 HOLDERS OF $11.4 MILLION FOR 3.1 MILLION UNITS AT $3.68/UNIT.  Full Article

Infosonics Announces 1-For-5 Reverse Stock Split
Thursday, 8 Mar 2018 

March 8 (Reuters) - Infosonics Corp ::INFOSONICS ANNOUNCES REVERSE STOCK SPLIT.‍WILL EFFECT A 1-FOR-5 REVERSE STOCK SPLIT EFFECTIVE AS OF OPEN OF TRADING ON MARCH 9, 2018​.  Full Article

Infosonics reports Q3 loss per share $0.56
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Infosonics Corp :Infosonics reports third quarter 2017 results.Q3 loss per share $0.56.Q3 sales fell 33 percent to $6.0 million.‍At September 30, 2017, co had $453,000 in cash​.  Full Article

Infosonics announces reverse stock split
Thursday, 5 Oct 2017 

Oct 5 (Reuters) - Infosonics Corp : :Infosonics announces reverse stock split.Infosonics Corp - will effect a 1-for-5 reverse stock split.Infosonics Corp - 1-for-5 reverse stock split will be effective as of close of business on October 10, 2017.  Full Article

Infosonics enters into securities purchase agreement
Friday, 4 Aug 2017 

Aug 4 (Reuters) - Infosonics Corp ::Infosonics - on August 2 co, entered into securities purchase agreement to offer 2.5 million shares of co common stock at purchase price of $0.40 per share.  Full Article

Infosonics - on July 25, co entered agreement and plan of merger by, among company, Cooltech Holding Corp, co's unit Infosonics Acquisition Sub Inc
Wednesday, 26 Jul 2017 

July 26 (Reuters) - Infosonics Corp :Infosonics - on July 25, co entered agreement and plan of merger by, among company, Cooltech Holding Corp, co's unit Infosonics Acquisition Sub Inc.Infosonics - agreement provides co to issue aggregate of 62.5 million shares of common stock in exchange for all of outstanding capital stock of cooltech.Infosonics Corp - following the merger, the former stockholders of cooltech will hold approximately 85 percent of co's common stock.Infosonics Corp says pursuant to agreement, cooltech will merge with and into infosonics acquisition sub, inc - sec filing.Infosonics Corp - if the merger agreement is terminated, company will be required to pay cooltech a termination fee in the amount of $1 million.Infosonics Corp - following merger, co has agreed to cause 3 of its directors to resign and to appoint three cooltech nominees to board of directors.Infosonics-Agreed to not enter any agreement relating to alternative acquisition proposal, except on terms, subject to conditions set forth agreement.Infosonics Corp -on July 25, Joseph Ram, CEO of co agreed he will vote his shares of co's common stock in favor of adoption and approval of merger.Infosonics Corp - also agreed that special committee of company's board of directors will not change its recommendations with respect to merger.Infosonics Corp - deal provides by august 3, cooltech , will purchase from co 2.5 million shares of company common stock at price of $0.40 per share in cash.  Full Article

Infosonics Corp says Nasdaq hearings panel granted extension of time until Oct. 30, 2017 for co to execute plan to regain compliance
Wednesday, 7 Jun 2017 

June 7 (Reuters) - Infosonics Corp ::Infosonics Corp says Nasdaq hearings panel granted extension of time until October 30, 2017 for co to execute plan to regain compliance - sec filing.Infosonics Corp - Co's plan to regain compliance with minimum bid price requirement includes a reverse stock split.  Full Article

InfoSonics Q1 loss per share $0.08
Thursday, 11 May 2017 

May 11 (Reuters) - InfoSonics Corp ::InfoSonics reports first quarter 2017 results.Q1 loss per share $0.08.Q1 sales fell 34 percent to $6.2 million.  Full Article

Infosonics Q1 loss per share $0.08
Thursday, 11 May 2017 

May 11 (Reuters) - Infosonics Corp : :Q1 loss per share $0.08.Q1 sales fell 34 percent to $6.2 million.Infosonics corp - "although operating expenses were down 27pct from prior year, we still sustained a significant loss".  Full Article

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