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ConvergeOne Holdings Inc (CVON.OQ)

CVON.OQ on NASDAQ Stock Exchange Global Market

12.44USD
14 Dec 2018
Change (% chg)

$-0.00 (-0.00%)
Prev Close
$12.44
Open
$12.47
Day's High
$12.48
Day's Low
$12.42
Volume
143,446
Avg. Vol
38,587
52-wk High
$12.75
52-wk Low
$7.95

Latest Key Developments (Source: Significant Developments)

ConvergeOne Holdings To Acquire Venture Technologies For About $92 Mln
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - ConvergeOne Holdings Inc ::CONVERGEONE HOLDINGS INC - TO ACQUIRE VT CONSOLIDATED, INC. IN EXCHANGE FOR ESTIMATED CASH CONSIDERATION OF $92 MILLION.  Full Article

ConvergeOne Announces Acquisition Of Venture Technologies
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - ConvergeOne Holdings Inc ::CONVERGEONE ANNOUNCES PLANNED STRATEGIC ACQUISITION OF VENTURE TECHNOLOGIES.CONVERGEONE HOLDINGS INC - WHITELIGHT GROUP IS NOT INCLUDED IN THIS TRANSACTION.CONVERGEONE HOLDINGS INC - SIGNED AN AGREEMENT TO ACQUIRE VT CONSOLIDATED, INC..  Full Article

Convergeone Reports Q3 Adj. EPS $0.31
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - ConvergeOne Holdings Inc ::CONVERGEONE ANNOUNCES THIRD QUARTER 2018 FINANCIAL RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.31.Q3 REVENUE $404.8 MILLION VERSUS I/B/E/S VIEW $391.7 MILLION.Q3 EARNINGS PER SHARE VIEW $0.22 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $0.90 TO $1.00.SEES FY 2018 REVENUE $1.55 BILLION TO $1.65 BILLION.RAISES FULL YEAR 2018 GUIDANCE RANGE.QTRLY LOSS PER SHARE $0.64.  Full Article

ConvergeOne Announces $25 Million Stock Repurchase Program
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - ConvergeOne Holdings Inc ::CONVERGEONE ANNOUNCES $25 MILLION STOCK REPURCHASE PROGRAM.CONVERGEONE HOLDINGS INC - REPURCHASE PROGRAM EXPECTED TO CONTINUE THROUGH AUGUST 2020, UNLESS EXTENDED OR SHORTENED BY CO'S BOARD.CONVERGEONE HOLDINGS INC - STOCK REPURCHASES WOULD BE FUNDED FROM AVAILABLE WORKING CAPITAL.  Full Article

ConvergeOne Holdings Announces Information With Respect To Previously Announced Cash Tender Offer For Its Warrants
Friday, 13 Apr 2018 

April 13 (Reuters) - ConvergeOne Holdings Inc ::CONVERGEONE HOLDINGS INC ANNOUNCES IMPORTANT INFORMATION WITH RESPECT TO PREVIOUSLY ANNOUNCED CASH TENDER OFFER FOR ITS WARRANTS.CONVERGEONE - EXTENDING SCHEDULED EXPIRATION OF PREVIOUSLY ANNOUNCED CASH TENDER OFFER TO PURCHASE CONVERGEONE WARRANTS TO APRIL 20.  Full Article

Convergeone Announces Combination With Forum Merger to Become Nasdaq-Listed Co, With Anticipated Enterprise Value Of About $1.2 Bln
Friday, 1 Dec 2017 

Dec 1 (Reuters) - CONVERGEONE::CONVERGEONE ANNOUNCES COMBINATION WITH FORUM MERGER CORPORATION TO BECOME PUBLICLY LISTED COMPANY.CONVERGEONE SAYS DEAL WILL ENABLE CO TO BECOME A NASDAQ-LISTED PUBLIC CO, WITH AN ANTICIPATED INITIAL ENTERPRISE VALUE OF ABOUT $1.2 BILLION.CONVERGEONE - IMMEDIATELY UPON CONSUMMATION OF TRANSACTION, FORUM WILL CHANGE ITS NAME TO CONVERGEONE.CONVERGEONE - CLEARLAKE WILL REMAIN LARGEST SHAREHOLDER IN COMBINED COMPANY UPON COMPLETION OF TRANSACTION.CONVERGEONE- ON COMPLETION OF BUSINESS COMBINATION, COMBINED CO WILL CONTINUE TO BE LED BY JOHN A. MCKENNA JR. AS CHAIRMAN AND CEO.CONVERGEONE - PART OF CONSIDERATION PAYABLE TO EXISTING CONVERGEONE SHAREHOLDERS WILL CONSIST OF SHARES OF FORUM COMMON STOCK.CONVERGEONE - EXISTING CONVERGEONE SHAREHOLDERS HAVE POTENTIAL TO RECEIVE AN EARNOUT IF CERTAIN CONVERGEONE ADJUSTED. EBITDA TARGETS ARE MET.CONVERGEONE-AFTER REDEMPTIONS, BALANCE OF ABOUT $175 MILLION WITH $144 MILLION IN PLACEMENTS TO BE USED TO PAY EXISTING CO SHAREHOLDERS CASH CONSIDERATION.  Full Article

Exclusive: Information technology company ConvergeOne explores sale - sources

U.S. information technology services provider ConvergeOne Holdings Inc is exploring a sale after it attracted takeover interest from private equity firms, people familiar with the matter said on Thursday.