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Monster Digital Inc (MSDI.OQ)

MSDI.OQ on NASDAQ Stock Exchange Capital Market

0.60USD
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Monster Digital Terminates License Deal Between Monster Inc, SDJ Technologies
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Monster Digital Inc ::MONSTER DIGITAL ANNOUNCES STRATEGIC AND LEGAL DEVELOPMENTS.HAS FORWARDED MONSTER INC A NOTICE OF TERMINATION OF TRADEMARK LICENSE DEAL BETWEEN MONSTER INC, SDJ TECHNOLOGIES.MONSTER DIGITAL SAYS HAS BEEN "DISSATISFIED" WITH ROYALTY RATE UNDER LICENSE DEAL, IN LIGHT OF DECREASING SALES, DEMAND FOR ACTION SPORTS CAMERAS.VOLUNTARY DISMISSAL BY PLAINTIFF IN CONNECTION WITH CLASS ACTION COMPLAINT FILED AGAINST CEO, DAVID H. CLARKE & CERTAIN BOARD MEMBERS.BELIEVES ITS EXISTING SPORTS CAMERA BUSINESS CAN STILL BE "VIABLE" WITHOUT USE OF MONSTER BRAND.HAD TALKS WITH OTHER COMPANIES FOR A MORE COST EFFECTIVE LICENSE UNDER WHICH IT COULD MARKET PRODUCTS SUCH AS ACTION SPORTS CAMERAS.  Full Article

Monster Digital provides update regarding closing date for merger with Innovate Biopharmaceuticals
Thursday, 30 Nov 2017 

Nov 29 (Reuters) - Monster Digital Inc ::MONSTER DIGITAL, INC. PROVIDES UPDATE REGARDING ANTICIPATED CLOSING DATE FOR MERGER WITH INNOVATE BIOPHARMACEUTICALS, INC..MONSTER DIGITAL - CO, INNOVATE BIOPHARMACEUTICALS AGREED TO WORK TOWARDS CLOSING OF REVERSE MERGER BETWEEN CO AND INNOVATE ON OR BEFORE DEC 19, 2017​.‍MONSTER FURTHER ANNOUNCES POSITIVE RESULTS OF FINANCIAL RESTRUCTURING​.  Full Article

MONSTER DIGITAL ANNOUNCES EXTENSION OF OFFERS TO AMEND AND EXERCISE WARRANTS
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Monster Digital Inc ::MONSTER DIGITAL INC ANNOUNCES EXTENSION OF OFFERS TO AMEND AND EXERCISE WARRANTS.‍EXTENDED EXPIRATION DATE OF OFFER TO AMEND AND EXERCISE WARRANTS UNTIL 5:00 P.M. PACIFIC TIME ON FRIDAY, NOVEMBER 24, 2017​.  Full Article

Monster Digital reduces headcount by 36%
Tuesday, 20 Sep 2016 

Monster Digital Inc : Has reduced headcount by 36% that included removing a management layer - SEC filing .Has instituted a series of "best practices" around sales that are designed to streamline sales process.  Full Article

Monster Digital public offering of shares priced at $5.625 per share
Friday, 8 Jul 2016 

Monster Digital Inc : Says initial public offering priced at $5.625per share . Common shares were priced at $4.50 per share while warrants were priced at $.01 per warrant . Monster digital, inc. Announces pricing of its initial public offering .Common shares in offering were priced at $4.50 per share.  Full Article

Monster Digital to list on Nasdaq under symbols “MSDI” and “MSDIW”
Thursday, 9 Jun 2016 

Monster Digital Inc :Shares of common stock and warrants, have been approved for listing on Nasdaq capital market under the symbols “MSDI” and “MSDIW”.  Full Article

Monster Digital sees IPO of 2.5 mln shares of its common stock
Tuesday, 7 Jun 2016 

Monster Digital Inc: Sees IPO of 2.5 million shares of co's common stock and warrants to purchase 2.5 million shares of co's common stock - sec filing .Monster digital says expected IPO price will be between $4.50 and $6.00 per share and $0.01 per warrant.  Full Article

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