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MINIM INC - MINM STOCK NEWS

Welcome to our dedicated page for MINIM news (Ticker: MINM), a resource for investors and traders seeking the latest updates and insights on MINIM stock.

Minim Inc. specializes in manufacturing communications equipment, offering software-driven products under the Motorola brand. Their range includes cable modems, routers, mobile broadband modems, and mesh home networking devices. With a focus in North America, the company continues to innovate in the technology sector.

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Minim, a recognized creator of intelligent networking products, announced the launch of innovative features for its motosync app and an expanded mesh WiFi portfolio at CES 2022. The app now includes live in-app chat support for instant technical assistance, enhancing user experience. The upcoming Motorola Q11 AX3000 and Q14 AXE5400 mesh WiFi systems will deliver ultra-high-speed connectivity, featuring speeds of up to 5.4 Gbps and tri-band coverage for over 100 devices. With competitive pricing against existing WiFi 6 products, Minim aims to enhance home networking.

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Minim, Inc. (NASDAQ: MINM) announced new features for its motosync app and an expanded portfolio of mesh WiFi products at CES 2022. Key highlights include the introduction of live In-App Chat support for users and the launch of the Motorola Q11 AX3000 and Q14 AXE5400 mesh WiFi systems. Both systems aim to enhance user experience with speeds up to 5.4 Gbps and extensive coverage. The company emphasizes its commitment to providing effective tech support and innovative networking solutions for smart homes.

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Minim, Inc. (NASDAQ: MINM) will showcase its latest innovations in intelligent networking at CES 2022 in Las Vegas from January 5th-8th. The company plans to participate in events like ShowStoppers® and the CONNECTIONS™ Summit, revealing products designed to enhance smart home experiences. CEO Gray Chynoweth expressed excitement about engaging with the tech community while ensuring employee safety. With consumer interest in proactive network solutions doubling in 2021, the smart home market is projected to reach $138.9 billion by 2026, according to industry analysts.

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Minim, Inc. (NASDAQ: MINM) announces CFO Sean Doherty's resignation, effective March 31, 2022, to pursue a private sector opportunity. His departure is amicable, with Mr. Doherty committed to a smooth transition. Dustin Tacker, VP of Accounting, will serve as interim Chief Accounting Officer while a search for a new CFO begins. The company expresses gratitude for Mr. Doherty's contributions, particularly during the Minim/Zoom merger. An external firm will assist in finding a permanent CFO.

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Minim, Inc. (NASDAQ: MINM) has appointed Jeff Rodning as Director of National Retail Sales. Rodning, with over 30 years of sales experience, will focus on expanding relationships with key retailers like Best Buy and Target. CEO Gray Chynoweth emphasized the potential for growth in the US retail market for intelligent connectivity products, bolstered by recent product launches, including the Motorola WiFi 6 'AX' portfolio. Rodning is the latest addition to Minim's leadership, following two other senior appointments in recent weeks.

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Minim, Inc. (NASDAQ: MINM) announced that its President and CMO, Nicole Zheng, will receive two Silver Stevie® Awards for excellence in Consumer Products and Technology. Recognized in categories 'Female Executive of the Year' and 'Most Innovative Woman', the awards reflect Zheng's innovative contributions to technology and marketing. The awards ceremony is scheduled for January 13, 2022. Under her leadership, Minim’s Motorola networking products have gained popularity, with several top-selling items during Black Friday and Cyber Monday, highlighting her influence in the company’s success.

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Minim, Inc. (NASDAQ: MINM) announces that three of its board directors, Jeremy Hitchcock, Liz Hitchcock, and Gray Chynoweth, will be honored at the New Hampshire 200 event tomorrow, December 9, 2021, recognizing influential business leaders in the state. The biennial selection process by New Hampshire Business Review involved extensive interviews, identifying leaders who drive innovation and economic vitality. The Hitchcocks and Chynoweth have previously contributed significantly to the local economy, with a history of successful ventures including Dyn, which was acquired by Oracle for over $600 million.

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Minim, Inc. (NASDAQ: MINM) announced the granting of 188,274 restricted stock units (RSUs) to new employee Bill Wallace, effective December 1, 2021. This grant, approved by the Board of Directors and its Compensation Committee, serves as a material inducement to employment under Nasdaq Listing Rule 5635(c)(4). The RSUs will vest in three equal bi-monthly installments over five months, contingent upon Wallace's continued service with Minim. Minim specializes in intelligent networking products under the Motorola brand, enhancing the home WiFi experience for users.

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Minim, Inc. (NASDAQ: MINM) announces the appointment of Bill Wallace as Vice President of Hardware Engineering and Lakshmi Kadiyala as Vice President of Software Engineering. Wallace, with over 30 years of experience from CommScope, and Kadiyala, with 19 years from Charles Schwab, join the team to drive profitability through innovative software-driven products. CEO Gray Chynoweth emphasizes the importance of top talent in a competitive market. The company aims for significant growth in 2022, focusing on research and development in intelligent networking products.

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Minim, Inc. (NASDAQ: MINM) has launched MotorolaNetwork.com, an e-commerce platform for consumers and broadband service providers, featuring exclusive deals and product information. The company also introduced the Motorola AC2200 Smart Router priced at $99.99, designed for high-performance WiFi with robust coverage and connection management for up to 100 devices. The motosync app provides security features and parental controls. This initiative aims to strengthen customer relationships and drive sales growth in the competitive networking market.

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FAQ

What is the current stock price of MINIM (MINM)?

The current stock price of MINIM (MINM) is $0.17 as of December 27, 2024.

What is the market cap of MINIM (MINM)?

The market cap of MINIM (MINM) is approximately 6.3M.

What does Minim Inc. specialize in?

Minim Inc. specializes in manufacturing communications equipment, including software-driven products under the Motorola brand.

What kind of products does Minim Inc. offer?

Minim Inc. offers a range of products such as cable modems, routers, mobile broadband modems, and mesh home networking devices.

Where does Minim Inc. focus its operations?

Minim Inc. primarily focuses its operations in North America.

What is the latest news regarding Minim Inc.?

The latest news on Minim Inc. involves the company receiving a notice from the Nasdaq Stock Market LLC due to delays in filing required forms with the SEC.

How does Minim Inc. plan to address the compliance issue with Nasdaq?

Minim Inc. has 60 calendar days from receipt of the notice to submit a plan to regain compliance with the Nasdaq Listing Rules.

MINIM INC

Nasdaq:MINM

MINM Rankings

MINM Stock Data

6.35M
1.45M
54.74%
0%
4.04%
Communication Equipment
Telephone & Telegraph Apparatus
Link
United States of America
MANCHESTER