Welcome to our dedicated page for Integrated Media news (Ticker: IMTE), a resource for investors and traders seeking the latest updates and insights on Integrated Media stock.
Integrated Media Technology Ltd (IMTE) delivers cutting-edge solutions through its autostereoscopic 3D displays, electronic glass production, and diversified tech portfolio. This news hub provides investors and industry observers with essential updates across all operational segments.
Access real-time announcements including quarterly earnings, product innovations in nano coating technology, and strategic expansions in digital asset trading platforms. Our curated collection features official press releases about industrial display advancements, consumer electronics developments, and new energy solution initiatives.
Key updates cover Marvel Digital's industrial 3D conversion systems, GOXD Technology's consumer products, and operational milestones across global markets. Bookmark this page for verified information about manufacturing partnerships, technology patents, and market expansion strategies directly from IMTE sources.
Integrated Media Technology Limited (NASDAQ: IMTE) announced a registered direct offering, selling 888,888 ordinary shares at $3.15 each, totaling $2.8 million. The proceeds will be used to enhance its electronic glass business and for working capital. The offering follows a shelf registration statement declared effective by the SEC in October 2018. Chairman Con Unerkov stated this move aims to strengthen the company’s capital base and support growth in its electronic glass sector.
Integrated Media Technology Limited (IMTE) announces that its financial research subsidiary, Greifenberg Capital Limited, made its debut on Bloomberg Radio on March 25, 2021. Uwe Parpart, CEO and Head of China Macroeconomics and Policy Research at Greifenberg, discussed investment opportunities in China and global fixed income and currency markets. This appearance emphasizes IMTE's expansion into financial research, complementing its existing business in glasses-free 3D display technology and electronic glass manufacturing.
Integrated Media Technology Limited (NASDAQ: IMTE) has successfully closed its direct offering of 708,000 ordinary shares at US$6.50 each, totaling US$4.602 million. The net proceeds of approximately US$4.577 million will be utilized to strengthen the company’s balance sheet and expand its switchable glass and IoT business sectors. The offering was conducted under a shelf registration statement filed with the SEC. This capital influx is poised to enhance IMTE's market positioning, especially in their air filter and IoT ventures, according to CEO Con Unerkov.
Integrated Media Technology Limited (NASDAQ: IMTE) announced a registered direct offering of 708,000 ordinary shares at $6.50 per share, raising approximately $4.577 million after expenses. The transaction is set to close on March 25, 2021. Proceeds will be used for developing switchable glass, non-plated filters, and general working capital. Chairman Con Unerkov described the offering as a positive move to strengthen the company's capital base and enhance operations. The offering complies with the company's effective shelf registration statement filed with the SEC.
Integrated Media Technology Limited (NASDAQ: IMTE) announced the formation of a new IoT business unit through a conditional agreement to acquire a 70% equity interest in Shenzhen Koala Wisdom Fire Engineering Co., Ltd. Shenzhen Koala specializes in IoT solutions, particularly a tracking system for monitoring objects dropped from high-rise buildings. Mr. Con Unerkov, CEO, indicated that this investment marks IMTE's entry into the growing IoT sector, aligning with their strategy to expand aggressively through acquisitions. More details can be found in their Form 6K on the SEC website.
Integrated Media Technology Limited (NASDAQ: IMTE) announced Board changes on January 19, 2021. Mr. Luis Puyat was appointed as Independent non-Executive Director and joined the Audit and Remuneration Committees, increasing the Board size to six members. Puyat, a seasoned financial executive, has over 25 years of experience and aims to contribute to IMTE's new securities research and risk analysis operations in China. Concurrently, Mr. Uwe Parpart transitioned to Executive Director, resigning from the Audit Committee. The Company recently acquired a stake in Greifenberg Capital Limited for this new initiative.
Integrated Media Technology Limited (NASDAQ: IMTE) received a notice from Nasdaq on June 19, 2020, indicating that its stockholders' equity of approximately US$55,322 falls short of the required US$2,500,000 for continued listing. The Company has 45 days to submit a compliance plan, with a potential extension of 180 days if accepted. There’s no guarantee of compliance, and delisting is a risk if the plan fails.
