Smith Micro Software, INC 8-K filings

Smith Micro Software, Inc. has entered into agreements to induce the cash exercise of existing warrants, raising approximately $1.6 million in gross proceeds.

Smith Micro Software, Inc. announced a 1-for-5 reverse stock split approved by stockholders, effective June 4, 2026, to enhance its stock's marketability and compliance with Nasdaq listing requirements.

Smith Micro Software, Inc. announced a $4.9 million private placement of secured convertible notes and warrants, alongside a leadership transition with Tim Huffmyer succeeding Bill Smith as CEO, effective March 31, 2026.

Smith Micro Software, Inc. secured a $1 million financing package, including a secured promissory note and common stock warrants, from the Smith Living Trust, controlled by its CEO.

Smith Micro Software, Inc. received an additional 180-day extension from Nasdaq to regain compliance with the $1.00 minimum bid price requirement, pushing the deadline to June 22, 2026.

Smith Micro Software, Inc. announced two concurrent offerings, a registered direct offering and a private placement with its CEO, to raise approximately $2.65 million for working capital and general corporate purposes.

Smith Micro Software, Inc. reported a decrease in third-quarter 2025 revenue to $4.3 million, though it narrowed its GAAP and non-GAAP net losses compared to the prior year.

Smith Micro Software, Inc. stockholders approved the issuance of common stock related to a July 2025 Securities Purchase Agreement and an adjournment proposal at a special meeting.

Smith Micro Software, Inc. has secured $400,000 in financing through secured promissory notes and common stock purchase warrants, bearing a 15.0% annual interest rate.

Smith Micro Software, Inc. secured up to $805,036 in loans from its CEO and COO, issuing unregistered common stock purchase warrants with anti-dilution provisions.

Smith Micro Software, Inc. reported a significant GAAP net loss for Q2 2025 but anticipates sequential quarterly revenue growth in the second half of the year driven by new product launches and feature sets.

Smith Micro Software, Inc. has successfully closed a registered direct offering and concurrent private placement, raising approximately $1.5 million through the sale of common stock and unregistered warrants.

Smith Micro Software, Inc. has received a notice from Nasdaq indicating non-compliance with the minimum $1.00 bid price requirement, initiating a 180-day compliance period.

Smith Micro Software, Inc. announced that all five proposals, including the election of directors and amendments to equity plans, were approved by stockholders at its 2025 Annual Meeting held on June 3, 2025.

Smith Micro Software, Inc. announced the appointment of Timothy C. Huffmyer as Vice President, Chief Operating Officer and Chief Financial Officer, effective June 9, 2025, marking his return to the company while disclosing temporary executive salary reductions.

Smith Micro Software reports a decrease in revenue but a significant reduction in net losses for the first quarter of 2025, driven by a focus on product development and cost management.

Smith Micro's Q4 2024 revenue declined to $5.0 million, with a GAAP net loss of $4.4 million, as the company focuses on its SafePath platform and aims for a return to profitability.

Smith Micro Software has regained compliance with Nasdaq's minimum bid price requirement after its stock price closed above $1.00 for ten consecutive business days.

Smith Micro Software stockholders approved a proposal to issue shares that could result in the CEO owning 20% or more of the company's stock, along with a proposal to adjourn the meeting if necessary to secure enough votes.

Smith Micro Software has received a notice from Nasdaq for failing to maintain a minimum share price of $1.00, placing its listing status at risk.

Smith Micro Software reported a significant revenue decrease for the third quarter of 2024 compared to the previous year, but cost-cutting measures and a recent capital raise suggest a potential return to profitability in 2025.

Smith Micro Software's special meeting of stockholders was adjourned to December 10, 2024, due to a lack of quorum.

Smith Micro Software has successfully raised approximately $6.9 million through a registered direct offering and a private placement, with the CEO contributing $3 million.

Smith Micro Software reported a significant year-over-year revenue decrease for the second quarter of 2024, while highlighting progress in new product launches and cost reduction initiatives.

Smith Micro Software held its 2024 Annual Meeting of Stockholders, electing three directors, approving executive compensation, ratifying the accounting firm, and approving an amended equity incentive plan.

Smith Micro Software has successfully raised approximately $4.1 million through a registered direct offering and concurrent private placement of common stock and warrants.

Smith Micro Software reported a significant revenue decrease in Q1 2024 compared to the same period last year, while outlining plans for growth and cost reduction.

Smith Micro Software has successfully regained compliance with Nasdaq's minimum bid price requirement after its stock price closed above $1.00 for 12 consecutive business days.

Smith Micro Software anticipates a significant non-cash goodwill impairment charge for the first quarter of 2024 due to a sustained decrease in its stock price.

Smith Micro Software has approved a 1-for-8 reverse stock split to increase its share price and regain compliance with Nasdaq's minimum bid price requirement.