View Past PerformancePresto Automation バランスシートの健全性財務の健全性 基準チェック /06Presto Automationの健全性を判断するにはデータが不十分です主要情報n/a負債資本比率n/a負債インタレスト・カバレッジ・レシオn/a現金n/aエクイティn/a負債合計n/a総資産n/a財務の健全性に関する最新情報お知らせ • Sep 20Presto Automation Files Form 15Presto Automation Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.0001 per share.お知らせ • Sep 06The Nasdaq Stock Market to Delist Common Stock of Presto AutomationThe Nasdaq Stock Market announced that it will delist the common stock and warrants of Presto Automation Inc. The company's securities were suspended on August 8, 2024, and have not traded on Nasdaq since that time.お知らせ • Aug 07Presto Automation Inc. Receives Non-Compliance Letter from NasdaqAs previously disclosed, on February 6, 2024, Presto Automation Inc. (the Company") received a notice (the Notice") from the Listing Qualifications Department (the Staff") of The Nasdaq Stock Market LLC (Nasdaq") stating that the Company was not in compliance with the requirement to maintain a minimum Market Value of Listed Securities (MVLS") of $50 million, as set in Nasdaq Listing Rule 5450(b)(2)(A) (the MVLS Requirement"), because the MVLS of the Company was below $50 million for the 30 consecutive business days prior to the date of the Notice. In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company was provided 180 calendar days from the date of the Notice, or until August 5, 2024, to regain compliance with the MVLS Requirement. On August 6, 2024, the Company received a Staff determination letter from Nasdaq informing the Company that the Company had not regained compliance with the MVLS Requirement and this matter serves as an additional basis for delisting the Company's securities from Nasdaq. As previously disclosed, the Company had already received a separate Staff determination letter from Nasdaq informing the Company that the Company had not regained compliance with the requirement to maintain a minimum closing bid price of $1.00 per share, as set in Nasdaq Listing Rule 5450(a)(1). The Company had previously disclosed that it intended to request a hearing before a Nasdaq Hearings Panel. The Company requested such a hearing on July 5, 2024, but on August 6, 2024, the Company informed Nasdaq that it was withdrawing its appeal. As a result of the Company withdrawing its appeal, on August 6, 2024, the Company received a letter from Nasdaq informing the Company that its shares of common stock, par value $0.0001 per share (the Common Stock"), and warrants will be suspended at the open of business on August 8, 2024 and that Nasdaq will file a Form 25-NSE with the Securities and Exchange Commission (the SEC"), which will remove the Company's securities from listing and registration on Nasdaq. The Company expects that the trading of its common stock will transition to the OTC Bulletin Board or pink sheets" market shortly. The transition to over-the-counter markets is not expected to affect the Company's operations or business and does not change its reporting requirements under SEC rules. The Company cannot predict what the impact of the transition will be on the liquidity in its Common Stock.お知らせ • Jul 04Presto Automation Receives Staff Determination Letter from Nasdaq Due to its Not Regains Compliance with the Bid Price RequirementAs previously disclosed, on December 28, 2023, Presto Automation Inc. (the ‘Company’) received a notice (the ‘Notice’) from the Listing Qualifications Department (the ‘Staff’) of The Nasdaq Stock Market LLC (‘Nasdaq’) stating that the Company was not in compliance with the requirement to maintain a minimum closing bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5450(a)(1) (the ‘Bid Price Requirement’), because the closing bid price of the Company’s common stock, par value $0.0001 per share (the ‘Common Stock’), was below $1.00 per share for 30 consecutive business days. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided 180 calendar days from the date of the Notice, or until June 25, 2024, to regain compliance with the Bid Price Requirement. On June 27, 2024, the Company received a Staff determination letter (the ‘Staff Determination Letter’) from Nasdaq informing the Company that the Company had not regained compliance with the Bid Price Requirement. The Staff Determination Letter noted that unless the Company requests an appeal of the Staff’s determination by July 5, 2024, the Company’s Common Stock and warrants will be scheduled for delisting at the opening of business on July 9, 2024, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market. The Company intends to request a hearing before a Nasdaq Hearings Panel (the ‘Panel’) on or before July 5, 2024, which will stay any further delisting action by the Staff pending the ultimate outcome of the hearing. There can be no assurance the Panel will grant any request for continued listing or that the Company will be able to regain compliance with the applicable listing criteria within the period of time that may be granted by the Panel. The Company’s Common Stock and warrants will remain listed and eligible for trading on the Nasdaq Global Market at least pending the ultimate conclusion of the hearing process. Previously, on June 14, 2024, the Company’s board of directors (the ‘Board’) approved a proposal to effect a reverse split of the Company's Common Stock in a range between 1-25 and 1-100, subject to approval by the Company’s stockholders at Special Meeting scheduled for July 16, 2024. Assuming stockholder approval, the Board intends to effect a reverse stock split as soon as practical thereafter with the goal of regaining compliance with the Bid Price Requirement. Further, as previously disclosed, the Company is subject to two other deficiency notices from Nasdaq relating to (i) the requirement to maintain a minimum Market Value of Publicly Held Securities of $15 million and (ii) the requirement to maintain a minimum Market Value of Listed Securities of $50 million. These deficiencies may become an additional basis for delisting, and as such, the Company intends to address these concerns before the Panel.お知らせ • May 18Presto Automation Inc. announced delayed 10-Q filingOn 05/16/2024, Presto Automation Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Mar 01+ 1 more updatePresto Automation Inc. Receives Non-Compliance Letter from Nasdaq Regarding MVPHSOn February 23, 2024, Presto Automation Inc. received a notice from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with the requirement to maintain a minimum Market Value of Publicly Held Securities (“MVPHS”) of $15 million, as set forth in Nasdaq Listing Rule 5450(b)(2)(C) (the “MVPHS Requirement”), because the MVPHS of the Company was below $15 million for the 35 consecutive business days prior to the date of the Notice. The Notice is in addition to the previously disclosed letters received on February 6, 2024, notifying the Company that it was not in compliance with the requirement to maintain a minimum Market Value of Listed Securities of $50 million, as set forth in Nasdaq Listing Rule 5450(b)(2)(A), and on December 28, 2023, notifying the Company that it was not in compliance with the requirement to maintain a minimum bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5450(a)(1). The Notice does not impact the listing of the Company's common stock, par value $0.0001 per share (the “Common Stock”), or warrants on The Nasdaq Global Market at this time. The Notice provided that, in accordance with Nasdaq Listing Rule 5810(c)(3)(D), the Company has a period of 180 calendar days from the date of the Notice, or until August 21, 2024, to regain compliance with the MVPHS Requirement. During this period, the Common Stock will continue to trade on The Nasdaq Global Market. If at any time before August 21, 2024 the MVPHS closes at $15 million or more for a minimum of ten consecutive business days, Nasdaq will provide written notification that the Company has achieved compliance with the MVPHS Requirement and the matter will be closed. In the event the Company does not regain compliance by August 21, 2024, the Company will receive written notification that its securities are subject to delisting. At that time, the Company may appeal the delisting determination to a Hearings Panel. The Notice provides that the Company may be eligible to transfer the listing of its securities to The Nasdaq Capital Market (provided that it then satisfies the requirements for continued listing on that market). The Company intends to actively monitor its MVPHS and will evaluate available options to regain compliance with the MVPHS Requirement. However, there can be no assurance that the Company will be able to regain compliance with the MVPHS Requirement or maintain compliance with any of the other Nasdaq continued listing requirements.すべての更新を表示Recent updatesお知らせ • Aug 14Michael Chorey to Join Presto as Co-Founder and President of Presto IQPresto announced that Michael Chorey, the founder of Wendy’s FreshAi, has joined the company to build Presto IQ, the first AI-native dynamic data offering for the quick-service restaurant (QSR) industry. Michael Chorey: In this role, Chorey will work with Presto to grow its drive-thru Voice AI platform and lead the development of the new Presto IQ business unit. Chorey is widely recognized for pioneering AI experiences that are both operationally sound and emotionally intelligent. Presto IQ will integrate dynamic data sources, enabling restaurants and other QSR industry members to personalize their offerings to serve the needs of customers, crew, and operators in real time. Chorey’s move marks a defining moment in the industry’s shift toward a responsive platform like Presto that earns trust by honoring industry context, not just automating transactions.お知らせ • Sep 20Presto Automation Files Form 15Presto Automation Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.0001 per share.お知らせ • Sep 06The Nasdaq Stock Market to Delist Common Stock of Presto AutomationThe Nasdaq Stock Market announced that it will delist the common stock and warrants of Presto Automation Inc. The company's securities were suspended on August 8, 2024, and have not traded on Nasdaq since that time.お知らせ • Aug 13Presto Automation Inc. announced that it expects to receive $0.65 million in funding from REMUS CapitalPresto Automation Inc. announced a private placement for issuance of subordinated convertible note in the principal amount of $650,000, for gross proceeds of $650,000 on August 12, 2024. The transaction included participation from returning investor Remus Capital Series B II, L.P., a fund managed by REMUS Capital, an entity affiliated with Krishna Gupta, a member of our Board of Directors. The note is convertible at a conversion price of $0.00672 per share.お知らせ • Aug 09Presto Automation Inc.(OTCPK:PRST) dropped from NASDAQ Composite IndexVentoux CCM Acquisition Corp has been dropped from NASDAQ Composite Index.お知らせ • Aug 07Presto Automation Inc. Receives Non-Compliance Letter from NasdaqAs previously disclosed, on February 6, 2024, Presto Automation Inc. (the Company") received a notice (the Notice") from the Listing Qualifications Department (the Staff") of The Nasdaq Stock Market LLC (Nasdaq") stating that the Company was not in compliance with the requirement to maintain a minimum Market Value of Listed Securities (MVLS") of $50 million, as set in Nasdaq Listing Rule 5450(b)(2)(A) (the MVLS Requirement"), because the MVLS of the Company was below $50 million for the 30 consecutive business days prior to the date of the Notice. In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company was provided 180 calendar days from the date of the Notice, or until August 5, 2024, to regain compliance with the MVLS Requirement. On August 6, 2024, the Company received a Staff determination letter from Nasdaq informing the Company that the Company had not regained compliance with the MVLS Requirement and this matter serves as an additional basis for delisting the Company's securities from Nasdaq. As previously disclosed, the Company had already received a separate Staff determination letter from Nasdaq informing the Company that the Company had not regained compliance with the requirement to maintain a minimum closing bid price of $1.00 per share, as set in Nasdaq Listing Rule 5450(a)(1). The Company had previously disclosed that it intended to request a hearing before a Nasdaq Hearings Panel. The Company requested such a hearing on July 5, 2024, but on August 6, 2024, the Company informed Nasdaq that it was withdrawing its appeal. As a result of the Company withdrawing its appeal, on August 6, 2024, the Company received a letter from Nasdaq informing the Company that its shares of common stock, par value $0.0001 per share (the Common Stock"), and warrants will be suspended at the open of business on August 8, 2024 and that Nasdaq will file a Form 25-NSE with the Securities and Exchange Commission (the SEC"), which will remove the Company's securities from listing and registration on Nasdaq. The Company expects that the trading of its common stock will transition to the OTC Bulletin Board or pink sheets" market shortly. The transition to over-the-counter markets is not expected to affect the Company's operations or business and does not change its reporting requirements under SEC rules. The Company cannot predict what the impact of the transition will be on the liquidity in its Common Stock.お知らせ • Jul 26Presto Automation Inc. has filed a Follow-on Equity Offering in the amount of $25 million.Presto Automation Inc. has filed a Follow-on Equity Offering in the amount of $25 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 348,675,035 Price\Range: $0.0717お知らせ • Jul 04Presto Automation Receives Staff Determination Letter from Nasdaq Due to its Not Regains Compliance with the Bid Price RequirementAs previously disclosed, on December 28, 2023, Presto Automation Inc. (the ‘Company’) received a notice (the ‘Notice’) from the Listing Qualifications Department (the ‘Staff’) of The Nasdaq Stock Market LLC (‘Nasdaq’) stating that the Company was not in compliance with the requirement to maintain a minimum closing bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5450(a)(1) (the ‘Bid Price Requirement’), because the closing bid price of the Company’s common stock, par value $0.0001 per share (the ‘Common Stock’), was below $1.00 per share for 30 consecutive business days. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided 180 calendar days from the date of the Notice, or until June 25, 2024, to regain compliance with the Bid Price Requirement. On June 27, 2024, the Company received a Staff determination letter (the ‘Staff Determination Letter’) from Nasdaq informing the Company that the Company had not regained compliance with the Bid Price Requirement. The Staff Determination Letter noted that unless the Company requests an appeal of the Staff’s determination by July 5, 2024, the Company’s Common Stock and warrants will be scheduled for delisting at the opening of business on July 9, 2024, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market. The Company intends to request a hearing before a Nasdaq Hearings Panel (the ‘Panel’) on or before July 5, 2024, which will stay any further delisting action by the Staff pending the ultimate outcome of the hearing. There can be no assurance the Panel will grant any request for continued listing or that the Company will be able to regain compliance with the applicable listing criteria within the period of time that may be granted by the Panel. The Company’s Common Stock and warrants will remain listed and eligible for trading on the Nasdaq Global Market at least pending the ultimate conclusion of the hearing process. Previously, on June 14, 2024, the Company’s board of directors (the ‘Board’) approved a proposal to effect a reverse split of the Company's Common Stock in a range between 1-25 and 1-100, subject to approval by the Company’s stockholders at Special Meeting scheduled for July 16, 2024. Assuming stockholder approval, the Board intends to effect a reverse stock split as soon as practical thereafter with the goal of regaining compliance with the Bid Price Requirement. Further, as previously disclosed, the Company is subject to two other deficiency notices from Nasdaq relating to (i) the requirement to maintain a minimum Market Value of Publicly Held Securities of $15 million and (ii) the requirement to maintain a minimum Market Value of Listed Securities of $50 million. These deficiencies may become an additional basis for delisting, and as such, the Company intends to address these concerns before the Panel.お知らせ • May 29Presto Automation Inc. has filed a Follow-on Equity Offering in the amount of $0.75 million.Presto Automation Inc. has filed a Follow-on Equity Offering in the amount of $0.75 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 5,000,000 Price\Range: $0.15 Transaction Features: Registered Direct Offeringお知らせ • May 24Presto Automation Inc. has completed a Follow-on Equity Offering in the amount of $1.524999 million.Presto Automation Inc. has completed a Follow-on Equity Offering in the amount of $1.524999 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 10,892,851 Price\Range: $0.14 Discount Per Security: $0 Transaction Features: Registered Direct Offeringお知らせ • May 22Presto Automation Inc. announced that it has received $3 million in funding from REMUS CapitalPresto Automation Inc. announced a private placement of common shares for the gross proceeds of $3 million on May 20, 2024. The transaction included participation from returning investor, Remus Capital.お知らせ • May 18Presto Automation Inc. announced delayed 10-Q filingOn 05/16/2024, Presto Automation Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • May 17+ 1 more updatePresto Automation Inc. announced that it has received $1.5 million in fundingPresto Automation Inc entered into Securities Purchase Agreements to issue $1,500,000 principal amount of convertible subordinated notes for a gross proceeds $1,500,000 on May 16, 2024. The transaction included participation from Remus Capital Series B II, L.P. Interest on the Notes accrues monthly by increasing principal at a rate of 7.5% per annum. The interest rate shall increase to 12% in the case of an event of default. The notes will mature on March 30, 2026. The Notes are convertible into 10,714,286 shares of Common Stock at the option of each holder at an initial conversion price of $0.14 per share. The Notes shall convert mandatorily into Common Stock at the then prevailing conversion price immediately prior to a Restructuring Transaction, and a Change of Control Transaction with a financial investor.お知らせ • May 16Presto Automation Inc. to Report Q3, 2024 Results on May 20, 2024Presto Automation Inc. announced that they will report Q3, 2024 results After-Market on May 20, 2024Board Change • May 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (4 non-independent directors). Director Krishna Gupta is the most experienced director on the board, commencing their role in 2017. Independent Non-Executive Director Gail Zauder was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • May 09Presto Introduces Presto Voice™ with Pure AI for Enhanced Automated Drive-Thru OrderingPresto Automation Inc. announced the launch of Presto Voice with Pure AI, a transformative feature that delivers enhanced Voice AI order taking for restaurants. Presto Voice with Pure AI introduces a compelling new version of Voice AI technology for restaurant operators that streamlines their operations and enhances the customer experience. The new technology is autonomous, without humans-in-the-loop (HITL) who could intervene early in the order process before the AI has a chance to complete the order. The Pure AI feature enables a smooth transition to the restaurant team member only when the AI determines that it is unable to process an order. Presto believes that the new Pure AI feature will allow the Voice AI system to improve more quickly while still providing the efficiency and level of accuracy its Voice AI is known for. Presto believes its Pure AI feature offers several key benefits for both operators and consumers: Decreased Delays and Improved Speed of Service: Fewer steps in the order-handling process will lead to fewer delays, resulting in a faster and more seamless ordering experience. Reduced Guest Frustration: With a direct escalation path to restaurant staff, customers are expected to experience fewer issues when the AI is unable to fulfill an order. Decreased Need for Staff Intervention: Presto Voice with Pure AI reduces the need for store staff to intervene at the outset of an order, allowing them to focus on other tasks. Accelerated AI Training: By enabling more complete AI sessions, Presto Voice with Pure AI is expected to improve at a faster pace, leading to a more consistent ordering experience for both store staff and customers. Presto is in the process of conducting a live test of Presto Voice with Pure AI, and once successful, Presto plans to expand the new Voice AI technology at a shorter ramp-up period, with a number of customer locations that have already agreed.お知らせ • Mar 23Presto Automation Inc. announced that it expects to receive $4 million in fundingPresto Automation Inc. announced that it entered into participation agreement, subordination agreement with returning lender Presto CA LLC for gross proceeds of $4,000,000 on March 21, 2024. The company will issue senior secured non-convertible promissory note in the principal amount of $4,000,000. The company will raise the amount in two tranches. The first tranche is made on March 21, 2024, with the amount of $2,000,000. The second tranche will be made on March 30, 2024, with the amount of $2,000,000. The second tranche is subject to the following conditions. The notes shall be repaid no later than May 15, 2024. Interest on the note accrues by increasing principal at a rate of 12.0% per annum. On the maturity date, company will pay the interest then due by adding such outstanding interest to the aggregate principal amount of the note. The note is secured by a first priority lien on substantially all of the company’s assets, pursuant to that certain security agreement, dated as of March 21, 2024, by and between the company, Presto Automation LLC, a wholly owned subsidiary of the company, and Presto CA.お知らせ • Mar 19Presto Automation Inc. has completed a Follow-on Equity Offering in the amount of $1.2 million.Presto Automation Inc. has completed a Follow-on Equity Offering in the amount of $1.2 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 4,800,000 Price\Range: $0.25 Discount Per Security: $0.015 Transaction Features: Registered Direct Offeringお知らせ • Mar 15Presto Automation Inc. has filed a Follow-on Equity Offering in the amount of $1.2 million.Presto Automation Inc. has filed a Follow-on Equity Offering in the amount of $1.2 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 4,800,000 Price\Range: $0.25 Transaction Features: Registered Direct Offeringお知らせ • Mar 02Presto Automation Inc. to Report Q2, 2024 Results on Mar 05, 2024Presto Automation Inc. announced that they will report Q2, 2024 results on Mar 05, 2024お知らせ • Mar 01+ 1 more updatePresto Automation Inc. Receives Non-Compliance Letter from Nasdaq Regarding MVPHSOn February 23, 2024, Presto Automation Inc. received a notice from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with the requirement to maintain a minimum Market Value of Publicly Held Securities (“MVPHS”) of $15 million, as set forth in Nasdaq Listing Rule 5450(b)(2)(C) (the “MVPHS Requirement”), because the MVPHS of the Company was below $15 million for the 35 consecutive business days prior to the date of the Notice. The Notice is in addition to the previously disclosed letters received on February 6, 2024, notifying the Company that it was not in compliance with the requirement to maintain a minimum Market Value of Listed Securities of $50 million, as set forth in Nasdaq Listing Rule 5450(b)(2)(A), and on December 28, 2023, notifying the Company that it was not in compliance with the requirement to maintain a minimum bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5450(a)(1). The Notice does not impact the listing of the Company's common stock, par value $0.0001 per share (the “Common Stock”), or warrants on The Nasdaq Global Market at this time. The Notice provided that, in accordance with Nasdaq Listing Rule 5810(c)(3)(D), the Company has a period of 180 calendar days from the date of the Notice, or until August 21, 2024, to regain compliance with the MVPHS Requirement. During this period, the Common Stock will continue to trade on The Nasdaq Global Market. If at any time before August 21, 2024 the MVPHS closes at $15 million or more for a minimum of ten consecutive business days, Nasdaq will provide written notification that the Company has achieved compliance with the MVPHS Requirement and the matter will be closed. In the event the Company does not regain compliance by August 21, 2024, the Company will receive written notification that its securities are subject to delisting. At that time, the Company may appeal the delisting determination to a Hearings Panel. The Notice provides that the Company may be eligible to transfer the listing of its securities to The Nasdaq Capital Market (provided that it then satisfies the requirements for continued listing on that market). The Company intends to actively monitor its MVPHS and will evaluate available options to regain compliance with the MVPHS Requirement. However, there can be no assurance that the Company will be able to regain compliance with the MVPHS Requirement or maintain compliance with any of the other Nasdaq continued listing requirements.お知らせ • Feb 16Presto Automation Inc. announced delayed 10-Q filingOn 02/15/2024, Presto Automation Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Feb 15Presto Automation Wins Final Appeal in Case Against XACPresto Automation Inc. has on February 8, 2024 received a court order representing the favorable verdict received from the Singapore Court of Appeal in the final hearing of its case against XAC Automation Corp. on January 16, 2024. The favorable verdict dismissed XAC’s appeal and upheld the award of $11.1 million previously made to the Company adding an additional SGD 50,000 (approximately $32,000) award for costs associated with the appeal. XAC has no further recourse to set aside the award. Domesticating the award in Taiwan may take between several months to more than a year, but the Company is currently exploring alternatives to enforce or monetize the award in a shorter timeline.Price Target Changed • Feb 15Price target decreased by 21% to US$0.96Down from US$1.21, the current price target is an average from 3 analysts. New target price is 381% above last closing price of US$0.20. Stock is down 95% over the past year. The company is forecast to post a net loss per share of US$0.35 next year compared to a net loss per share of US$0.74 last year.Board Change • Feb 15High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. No highly experienced directors. Chairman Krishna Gupta is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Feb 15Presto Automation Announces the Resignation of Xavier Casanova as Chief Executive OfficerPresto Automation Inc. announced that its Chief Executive Officer, Xavier Casanova, has resigned effective immediately, and the Company wishes him well. The Company will be announcing a replacement in the near future.お知らせ • Feb 09Presto Automation Inc. Receives Non-Compliance Letter from Nasdaq Regarding MVLSOn February 6, 2024, Presto Automation Inc. (the Company") received a notice (the Notice") from The Nasdaq Stock Market LLC (Nasdaq") stating that the Company is not in compliance with the requirement to maintain aminimum Market Value of Listed Securities (MVLS") of $50 million, as set forth in Nasdaq Listing Rule 5450(b)(2)(A) (the MVLS Requirement"), because the MVLS of the Company was below $50 million for the 30 consecutive business days prior to the date of the Notice. Nasdaq further indicated that, as of the date of the Notice, the Company did not comply with certain requirements under the alternative standards set forth in Nasdaq Listing Rule 5450(b)(3)(A) for continued listing on the Nasdaq Global Market. The Notice is in addition to the previously disclosed letter received on December 28, 2023, notifying the Company that it was not in compliance with the requirement to maintain a minimum bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5450(a)(1). The Notice does not impact the listing of the Common Stock on The Nasdaq Global Market at this time. The Notice provided that, in accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company has a period of 180 calendar days from the date of the Notice, or until August 5, 2024, to regain compliance with the MVLS Requirement. During this period, the Common Stock will continue to trade on The Nasdaq Global Market. If at any time before August 5, 2024 the MVLS closes at $50 million or more for a minimum of ten consecutive business days, Nasdaq will provide written notification that the Company has achieved compliance with the MVLS Requirement and the matter will be closed. In the event the Company does not regain compliance by August 5, 2024, the Company will receive written notification that its securities are subject to delisting. At that time, the Company may appeal the delisting determination to a Hearings Panel. The Notice provides that the Company may be eligible to transfer the listing of its securities to The Nasdaq Capital Market (provided that it then satisfies the requirements for continued listing on that market). The Company intends to actively monitor its MVLS and will evaluate available options to regain compliance with the MVLS Requirement. However, there can be no assurance that the Company will be able to regain compliance with the MVLS Requirement or maintain compliance with any of the other Nasdaq continued listing requirements.お知らせ • Feb 02Presto Automation Inc. Appoints Matthew Macdonald to the BoardPresto Automation Inc. announced on January 28, 2024, the board of directors (the “Board”) of the company increased the number of directors that constitute the entire Board from seven directors to eight directors and appointed Matthew MacDonald to the Board. Mr. MacDonald will serve as a Class II directors with a term expiring at the Company’s 2024 annual meeting of stockholders. Matthew MacDonald, 39, is a Managing Director of Erithmitic Inc, a commercial real estate bridge lending platform which he joined in June 2022. Matt is also the founder of Cottage Avenue, a hospitality-focused investment company and a partner in Great Canadian Heli-Skiing. Matt was a founder of Ventoux Acquisition Holdings, the co-sponsor of Ventoux CCM Acquisition Corporation, the special purpose acquisition company that merged with Presto. Prior to co-founding Ventoux in August 2020, Mr. MacDonald worked at Hyatt Hotels Corporation as the Vice President of Capital Strategy and Wellness Development, where he focused on acquiring hospitality companies and brands. Mr. MacDonald joined Hyatt in January 2017 as a result of Hyatt’s acquisition of Miraval Group, a leading hospitality wellness company. Mr. MacDonald joined Miraval Group, a KSL Capital portfolio company, as Vice President of Development in May 2016 following four years at Starwood Hotels and Resorts. Mr. MacDonald is a graduate of the University of Denver and received a Master in Real Estate Finance from New York University.お知らせ • Jan 06Presto Automation Receives Non-Compliance Notice from NasdaqOn December 28, 2023, Presto Automation Inc. (the “Company”) received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with the requirement to maintain a minimum closing bid price of $1.00 per share, as set in Nasdaq Listing Rule 5450(a)(1) (the “Bid Price Requirement”), because the closing bid price of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), was below $1.00 per share for 30 consecutive business days. The Notice does not impact the listing of the Common Stock on The Nasdaq Global Market at this time. The Notice provided that, in accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has a period of 180 calendar days from the date of the Notice, or until June 25, 2024, to regain compliance with the Bid Price Requirement. During this period, the Common Stock will continue to trade on The Nasdaq Global Market. If at any time before June 25, 2024 the bid price of the Common Stock closes at or above $1.00 per share for a minimum of ten consecutive trading days, Nasdaq will provide written notification that the Company has achieved compliance with the Bid Price Requirement and the matter will be closed. In the event the Company does not regain compliance by June 25, 2024, the Company may be eligible for an additional 180 calendar day period to regain compliance. To qualify, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, except for the Bid Price Requirement, and transfer its listing to the Nasdaq Capital Market. The Company would also be required to provide written notice to Nasdaq of its intent to cure the deficiency during this second compliance period by effecting a reverse stock split, if necessary. If it appears to the Nasdaq staff that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible or determines not to submit a transfer application or make the required representation, Nasdaq would provide notice to the Company that its Common Stock would be subject to delisting. At that time, the Company may appeal the Nasdaq staff’s delisting determination to a Nasdaq Hearings Panel (the “Panel”). The Company expects that its Common Stock would remain listed pending the Panel’s decision. In such event, there can be no assurance that such an appeal would be successful. The Company intends to actively monitor the closing bid price of its Common Stock and will evaluate available options to regain compliance with the Bid Price Requirement. However, there can be no assurance that the Company will be able to regain compliance with the Bid Price Requirement or maintain compliance with any of the other Nasdaq continued listing requirements.お知らせ • Dec 23Presto Automation Inc. Announces Resignation of Mr. Scott Raskin from the Board of DirectorsOn December 21, 2023, Mr. Scott Raskin resigned from the Board of Directors of Presto Automation Inc., effective immediately.お知らせ • Dec 15Presto Automation Inc. Announces Chief Financial Officer ChangesOn December 13, 2023, Nathan Cook submitted his resignation as Interim Chief Financial Officer of Presto Automation Inc. Company effective immediately. Mr. Cook was engaged as Interim Chief Financial Officer pursuant to an agreement with Teneo Capital LLC that required the Company to pay a monthly fee of $90,000. On December 14, 2023, the Board of Directors of Presto appointed Stanley Mbugua to serve as Interim Chief Financial Officer, effective immediately. Mr. Mbugua has served as Chief Accounting Officer of the Company since March 2023, a role in which he will remain while serving as Interim Chief Financial Officer, and as the Interim Chief Financial Officer from August 2023 to October 2023. From September 2021 to March 2023, Mr. Mbugua served as Chief Accounting Officer at Skillz Inc., a mobile eSports platform, a position he held since 2021. Mr. Mbugua served as Group Vice President and Chief Accounting Officer of Rimini Street, a software company delivering third-party enterprise software support for Oracle, SAP, JD Edwards, PeopleSoft, Siebel, and other applications, from 2017 to 2021. From 2015 to 2017, Mr. Mbugua served as Senior Director and Corporate Controller at Lattice Semiconductor Corp., a manufacturer of high-performance programmable logic devices. Mr. Mbugua is a Certified Public Accountant and has a Bachelor’s degree from the University of Nairobi.お知らせ • Dec 01Presto Automation Inc. Names Kat Hoffman Flynt as Chief Operating OfficerPresto Automation appointed Kat Hoffman-Flynt as Chief Operating Officer, effective immediately. Ms. Hoffman-Flynt brings more than 20 years of experience as an operational strategist, building strong customer relationships and scaling new deployments throughout her career. As Chief Operating Officer, she will be responsible for overseeing Prestos operations, while working to ensure the company achieves its goals and delivers excellence to Prestos customers. Ms. Hoffman-Flynt joined Presto in 2019 as Senior Director of Strategic Projects, where she helped develop multiple operational strategies that ensured customers needs were satisfied. Prior to joining Presto, Ms. Hoffman-Flynt held executive positions at Gordon Biersch Brewery Restaurants and CraftWorks Restaurants &Breweries Inc., where she advised each company through times of organizational change, creating and managing corporate project portfolios.お知らせ • Nov 22+ 1 more updatePresto Automation Inc. Announces Board and Committee ChangesOn November 16, 2023, the board of Presto Automation Inc. increased the number of directors that constitute the entire board of directors from seven directors to nine directors and appointed Tefwik Cassis and Sasha Hoffman to the board of directors, effective as of the closing of the Offering. Both Mr. Cassis and Ms. Hoffman will serve as Class III directors with terms expiring at the Company’s 2025 annual meeting of stockholders. As a result of the foregoing appointments, Scott Raskin, who previously served as a Class III director, became a Class II director to more evenly balance the classes. In addition, Mr. Cassis was appointed to the Nominating and Governance Committee, Ms. Hoffman was appointed to the Compensation Committee, and Krishna Gupta will replace Mr. Raskin on the Strategic Finance Committee. Sasha Hoffman, 36, has served as a member of the Company’s board of directors since November 2023. Ms. Hoffman is currently an operating consultant with REMUS Capital, a technology-focused venture capital firm, a position that she has held since June 2023. Since 2019, Ms. Hoffman has also provided consultancy services for a variety of technology companies, including Thrasio Holdings Inc., Zima International Inc. (DBA: Dandy) and National Cycling League Inc., where she focused on bringing new products to market, strategy and go-to-market. From January 2020 to May 2021, Ms. Hoffman was a Product Leader at Uber Technologies Inc., where she led the rewards and subscriptions programs globally. From 2015 to August 2018, Ms. Hoffman was the Chief Operating Officer of the Fast Forward business unit at Piaggio & C. SpA., a motor vehicle manufacturer, where she oversaw the development and manufacturing of semi-autonomous robotic vehicles. Ms. Hoffman began her career as a technology investment banker at Goldman Sachs and Lehman Brothers. Ms. Hoffman holds a Bachelor of Arts degree in Business Economics and Accounting from the University of California, Los Angeles. Tewfik Cassis, 35, has served as a member of the Company’s board of directors since November 2023. Previously, Mr. Cassis was the Chief Product Officer of Rain Financial, a regulated Crypto exchange in the Middle East from May 2022 to October 2023. Prior to that Mr. Cassis was the Director of Special Projects at Monzo Bank, overseeing commercial and product functions for the personal banking team, as well as working on product marketing and development at Meta Platforms Inc. on the Commerce and Advertising teams from March 2017 to October 2021. Mr. Cassis is an active angel investor, focusing primarily in fintech, AI and mobility sectors and has previously founded and sold Daily Pnut in 2016. He also worked at McKinsey & Company as a Business Analyst from 2010 to 2013 and worked as an associate at Romulus Capital in 2008 to 2010, where he first met the team from Presto. Mr. Cassis holds a BSc in Management from MIT and an MBA from Harvard Business School.お知らせ • Nov 21Presto Automation Inc. Provides Revenue Guidance for the Second Quarter of 2024Presto Automation Inc. provided revenue guidance for the second quarter of 2024. The company expected total revenue for the fiscal second quarter of 2024 to be in the range of $4.8 million to $5.0 million.お知らせ • Nov 18Presto Automation Inc. has filed a Follow-on Equity Offering.Presto Automation Inc. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Transaction Features: Registered Direct Offeringお知らせ • Nov 17Presto Automation Inc. announced delayed 10-Q filingOn 11/15/2023, Presto Automation Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Nov 14Presto Automation Inc. to Report Q1, 2024 Results on Nov 20, 2023Presto Automation Inc. announced that they will report Q1, 2024 results After-Market on Nov 20, 2023お知らせ • Oct 23Presto Automation Inc. Announces Resignation of Dan Mosher as PresidentPresto Automation Inc. announced that Dan Mosher resigned as President. Mr. Mosher informed the Company that he would remain with the Company through a transition period to be agreed. Mr. Mosher served as President of the Company since March 2023 and previously served as Chief Revenue Officer of the Company from March 2021 to March 2023.お知らせ • Oct 21Presto Automation Inc. Announces Executive ChangesPresto Automation Inc. promoted Justin Foster to Chief Revenue Officer, effective immediately. Mr. Foster brings 15 years of experience leading go-to-market efforts at emerging high-growth technology companies. As Chief Revenue Officer, Mr. Foster will be responsible for all facets of the company’s revenue generation, including growing Presto’s footprint in the emerging voice AI market while retaining signed clients. Before joining Presto as SVP of Sales in 2022, Mr. Foster led all go-to-market activities for Liveclicker, a company he co-founded in 2008 and sold to CM Group, now Marigold, in 2018. Liveclicker was focused on the marketing personalization space. Prior to Liveclicker, Justin started and led the services practice at WhatCounts, a technology company focused on customer communications. WhatCounts was sold to Mansell Group in 2010. After nearly three years at Presto serving as both President and Chief Revenue Officer, Dan Mosher is leaving the company.お知らせ • Oct 12Presto Automation Inc. announced that it expects to receive $3 million in funding from Cleveland Avenue Advisers, LLCPresto Automation Inc. announced a private placement of 1,500,000 common shares at a price of $2 per share for the gross proceeds of $3 million on October 10, 2023. The transaction will include participation from returning investor Cleveland Avenue Advisers, LLC. The transaction is expected to close on or around October 16, 2023, subject to customary closing conditions.お知らせ • Oct 05Presto Automation Inc. to Report Q4, 2023 Results on Oct 10, 2023Presto Automation Inc. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Oct 10, 2023お知らせ • Oct 01Presto Automation Inc. announced delayed annual 10-K filingOn 09/29/2023, Presto Automation Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.New Risk • Oct 01New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$81.2m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-US$22m). Earnings are forecast to decline by an average of 46% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$48m net loss in 2 years). Significant insider selling over the past 3 months (US$142k sold). Market cap is less than US$100m (US$81.2m market cap).分析記事 • Sep 13Presto Automation Inc. (NASDAQ:PRST) Not Lagging Industry On Growth Or PricingPresto Automation Inc.'s ( NASDAQ:PRST ) price-to-sales (or "P/S") ratio of 5.7x may look like a poor investment...お知らせ • Sep 03Presto Automation Inc., Annual General Meeting, Dec 06, 2023Presto Automation Inc., Annual General Meeting, Dec 06, 2023. Agenda: To elect the Company’s Class I Director nominees (Krishna K. Gupta, Keith Kravcik and Edward Scheetz).このセクションでは、通常、Presto Automation'の財務の健全性を分析し、財務上の苦境に陥った時に対してどの程度有利な立場にあるか、特に現金と負債レベルの管理能力を判断する。Presto Automation は、適切な貸借対照表データを提供していないため、財務の健全性を適切に評価することはできない。シンプリー・ウォール・ストリートがカバーする企業の97%は財務情報を持っているので、これはかなり稀な状況である。財務状況分析短期負債: PRSTの 短期資産 が 短期負債 をカバーしているかどうかを判断するにはデータが不十分です。長期負債: PRSTの短期資産が 長期負債 をカバーしているかどうかを判断するにはデータが不十分です。デット・ツー・エクイティの歴史と分析負債レベル: PRSTの 純負債対資本比率 を計算して 満足できる ものであるかどうかを判断するにはデータが不十分です。負債の削減: PRSTの負債対資本比率が過去 5 年間で減少したかどうかを判断するにはデータが不十分です。債務返済能力: PRSTの負債が 営業キャッシュフロー によって 十分にカバーされている かどうかを判断するにはデータが不十分です。インタレストカバレッジ: PRSTの負債に対する 利息支払い が EBIT によって 十分にカバーされている かどうかを判断するにはデータが不十分です。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 01:15終値2026/05/20 00:00収益2024/03/31年間収益2023/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Presto Automation Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関null nullChardan Capital Markets, LLCBrian DobsonChardan Capital Markets, LLCSamad SamanaJefferies LLC1 その他のアナリストを表示
お知らせ • Sep 20Presto Automation Files Form 15Presto Automation Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.0001 per share.
お知らせ • Sep 06The Nasdaq Stock Market to Delist Common Stock of Presto AutomationThe Nasdaq Stock Market announced that it will delist the common stock and warrants of Presto Automation Inc. The company's securities were suspended on August 8, 2024, and have not traded on Nasdaq since that time.
お知らせ • Aug 07Presto Automation Inc. Receives Non-Compliance Letter from NasdaqAs previously disclosed, on February 6, 2024, Presto Automation Inc. (the Company") received a notice (the Notice") from the Listing Qualifications Department (the Staff") of The Nasdaq Stock Market LLC (Nasdaq") stating that the Company was not in compliance with the requirement to maintain a minimum Market Value of Listed Securities (MVLS") of $50 million, as set in Nasdaq Listing Rule 5450(b)(2)(A) (the MVLS Requirement"), because the MVLS of the Company was below $50 million for the 30 consecutive business days prior to the date of the Notice. In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company was provided 180 calendar days from the date of the Notice, or until August 5, 2024, to regain compliance with the MVLS Requirement. On August 6, 2024, the Company received a Staff determination letter from Nasdaq informing the Company that the Company had not regained compliance with the MVLS Requirement and this matter serves as an additional basis for delisting the Company's securities from Nasdaq. As previously disclosed, the Company had already received a separate Staff determination letter from Nasdaq informing the Company that the Company had not regained compliance with the requirement to maintain a minimum closing bid price of $1.00 per share, as set in Nasdaq Listing Rule 5450(a)(1). The Company had previously disclosed that it intended to request a hearing before a Nasdaq Hearings Panel. The Company requested such a hearing on July 5, 2024, but on August 6, 2024, the Company informed Nasdaq that it was withdrawing its appeal. As a result of the Company withdrawing its appeal, on August 6, 2024, the Company received a letter from Nasdaq informing the Company that its shares of common stock, par value $0.0001 per share (the Common Stock"), and warrants will be suspended at the open of business on August 8, 2024 and that Nasdaq will file a Form 25-NSE with the Securities and Exchange Commission (the SEC"), which will remove the Company's securities from listing and registration on Nasdaq. The Company expects that the trading of its common stock will transition to the OTC Bulletin Board or pink sheets" market shortly. The transition to over-the-counter markets is not expected to affect the Company's operations or business and does not change its reporting requirements under SEC rules. The Company cannot predict what the impact of the transition will be on the liquidity in its Common Stock.
お知らせ • Jul 04Presto Automation Receives Staff Determination Letter from Nasdaq Due to its Not Regains Compliance with the Bid Price RequirementAs previously disclosed, on December 28, 2023, Presto Automation Inc. (the ‘Company’) received a notice (the ‘Notice’) from the Listing Qualifications Department (the ‘Staff’) of The Nasdaq Stock Market LLC (‘Nasdaq’) stating that the Company was not in compliance with the requirement to maintain a minimum closing bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5450(a)(1) (the ‘Bid Price Requirement’), because the closing bid price of the Company’s common stock, par value $0.0001 per share (the ‘Common Stock’), was below $1.00 per share for 30 consecutive business days. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided 180 calendar days from the date of the Notice, or until June 25, 2024, to regain compliance with the Bid Price Requirement. On June 27, 2024, the Company received a Staff determination letter (the ‘Staff Determination Letter’) from Nasdaq informing the Company that the Company had not regained compliance with the Bid Price Requirement. The Staff Determination Letter noted that unless the Company requests an appeal of the Staff’s determination by July 5, 2024, the Company’s Common Stock and warrants will be scheduled for delisting at the opening of business on July 9, 2024, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market. The Company intends to request a hearing before a Nasdaq Hearings Panel (the ‘Panel’) on or before July 5, 2024, which will stay any further delisting action by the Staff pending the ultimate outcome of the hearing. There can be no assurance the Panel will grant any request for continued listing or that the Company will be able to regain compliance with the applicable listing criteria within the period of time that may be granted by the Panel. The Company’s Common Stock and warrants will remain listed and eligible for trading on the Nasdaq Global Market at least pending the ultimate conclusion of the hearing process. Previously, on June 14, 2024, the Company’s board of directors (the ‘Board’) approved a proposal to effect a reverse split of the Company's Common Stock in a range between 1-25 and 1-100, subject to approval by the Company’s stockholders at Special Meeting scheduled for July 16, 2024. Assuming stockholder approval, the Board intends to effect a reverse stock split as soon as practical thereafter with the goal of regaining compliance with the Bid Price Requirement. Further, as previously disclosed, the Company is subject to two other deficiency notices from Nasdaq relating to (i) the requirement to maintain a minimum Market Value of Publicly Held Securities of $15 million and (ii) the requirement to maintain a minimum Market Value of Listed Securities of $50 million. These deficiencies may become an additional basis for delisting, and as such, the Company intends to address these concerns before the Panel.
お知らせ • May 18Presto Automation Inc. announced delayed 10-Q filingOn 05/16/2024, Presto Automation Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Mar 01+ 1 more updatePresto Automation Inc. Receives Non-Compliance Letter from Nasdaq Regarding MVPHSOn February 23, 2024, Presto Automation Inc. received a notice from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with the requirement to maintain a minimum Market Value of Publicly Held Securities (“MVPHS”) of $15 million, as set forth in Nasdaq Listing Rule 5450(b)(2)(C) (the “MVPHS Requirement”), because the MVPHS of the Company was below $15 million for the 35 consecutive business days prior to the date of the Notice. The Notice is in addition to the previously disclosed letters received on February 6, 2024, notifying the Company that it was not in compliance with the requirement to maintain a minimum Market Value of Listed Securities of $50 million, as set forth in Nasdaq Listing Rule 5450(b)(2)(A), and on December 28, 2023, notifying the Company that it was not in compliance with the requirement to maintain a minimum bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5450(a)(1). The Notice does not impact the listing of the Company's common stock, par value $0.0001 per share (the “Common Stock”), or warrants on The Nasdaq Global Market at this time. The Notice provided that, in accordance with Nasdaq Listing Rule 5810(c)(3)(D), the Company has a period of 180 calendar days from the date of the Notice, or until August 21, 2024, to regain compliance with the MVPHS Requirement. During this period, the Common Stock will continue to trade on The Nasdaq Global Market. If at any time before August 21, 2024 the MVPHS closes at $15 million or more for a minimum of ten consecutive business days, Nasdaq will provide written notification that the Company has achieved compliance with the MVPHS Requirement and the matter will be closed. In the event the Company does not regain compliance by August 21, 2024, the Company will receive written notification that its securities are subject to delisting. At that time, the Company may appeal the delisting determination to a Hearings Panel. The Notice provides that the Company may be eligible to transfer the listing of its securities to The Nasdaq Capital Market (provided that it then satisfies the requirements for continued listing on that market). The Company intends to actively monitor its MVPHS and will evaluate available options to regain compliance with the MVPHS Requirement. However, there can be no assurance that the Company will be able to regain compliance with the MVPHS Requirement or maintain compliance with any of the other Nasdaq continued listing requirements.
お知らせ • Aug 14Michael Chorey to Join Presto as Co-Founder and President of Presto IQPresto announced that Michael Chorey, the founder of Wendy’s FreshAi, has joined the company to build Presto IQ, the first AI-native dynamic data offering for the quick-service restaurant (QSR) industry. Michael Chorey: In this role, Chorey will work with Presto to grow its drive-thru Voice AI platform and lead the development of the new Presto IQ business unit. Chorey is widely recognized for pioneering AI experiences that are both operationally sound and emotionally intelligent. Presto IQ will integrate dynamic data sources, enabling restaurants and other QSR industry members to personalize their offerings to serve the needs of customers, crew, and operators in real time. Chorey’s move marks a defining moment in the industry’s shift toward a responsive platform like Presto that earns trust by honoring industry context, not just automating transactions.
お知らせ • Sep 20Presto Automation Files Form 15Presto Automation Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.0001 per share.
お知らせ • Sep 06The Nasdaq Stock Market to Delist Common Stock of Presto AutomationThe Nasdaq Stock Market announced that it will delist the common stock and warrants of Presto Automation Inc. The company's securities were suspended on August 8, 2024, and have not traded on Nasdaq since that time.
お知らせ • Aug 13Presto Automation Inc. announced that it expects to receive $0.65 million in funding from REMUS CapitalPresto Automation Inc. announced a private placement for issuance of subordinated convertible note in the principal amount of $650,000, for gross proceeds of $650,000 on August 12, 2024. The transaction included participation from returning investor Remus Capital Series B II, L.P., a fund managed by REMUS Capital, an entity affiliated with Krishna Gupta, a member of our Board of Directors. The note is convertible at a conversion price of $0.00672 per share.
お知らせ • Aug 09Presto Automation Inc.(OTCPK:PRST) dropped from NASDAQ Composite IndexVentoux CCM Acquisition Corp has been dropped from NASDAQ Composite Index.
お知らせ • Aug 07Presto Automation Inc. Receives Non-Compliance Letter from NasdaqAs previously disclosed, on February 6, 2024, Presto Automation Inc. (the Company") received a notice (the Notice") from the Listing Qualifications Department (the Staff") of The Nasdaq Stock Market LLC (Nasdaq") stating that the Company was not in compliance with the requirement to maintain a minimum Market Value of Listed Securities (MVLS") of $50 million, as set in Nasdaq Listing Rule 5450(b)(2)(A) (the MVLS Requirement"), because the MVLS of the Company was below $50 million for the 30 consecutive business days prior to the date of the Notice. In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company was provided 180 calendar days from the date of the Notice, or until August 5, 2024, to regain compliance with the MVLS Requirement. On August 6, 2024, the Company received a Staff determination letter from Nasdaq informing the Company that the Company had not regained compliance with the MVLS Requirement and this matter serves as an additional basis for delisting the Company's securities from Nasdaq. As previously disclosed, the Company had already received a separate Staff determination letter from Nasdaq informing the Company that the Company had not regained compliance with the requirement to maintain a minimum closing bid price of $1.00 per share, as set in Nasdaq Listing Rule 5450(a)(1). The Company had previously disclosed that it intended to request a hearing before a Nasdaq Hearings Panel. The Company requested such a hearing on July 5, 2024, but on August 6, 2024, the Company informed Nasdaq that it was withdrawing its appeal. As a result of the Company withdrawing its appeal, on August 6, 2024, the Company received a letter from Nasdaq informing the Company that its shares of common stock, par value $0.0001 per share (the Common Stock"), and warrants will be suspended at the open of business on August 8, 2024 and that Nasdaq will file a Form 25-NSE with the Securities and Exchange Commission (the SEC"), which will remove the Company's securities from listing and registration on Nasdaq. The Company expects that the trading of its common stock will transition to the OTC Bulletin Board or pink sheets" market shortly. The transition to over-the-counter markets is not expected to affect the Company's operations or business and does not change its reporting requirements under SEC rules. The Company cannot predict what the impact of the transition will be on the liquidity in its Common Stock.
お知らせ • Jul 26Presto Automation Inc. has filed a Follow-on Equity Offering in the amount of $25 million.Presto Automation Inc. has filed a Follow-on Equity Offering in the amount of $25 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 348,675,035 Price\Range: $0.0717
お知らせ • Jul 04Presto Automation Receives Staff Determination Letter from Nasdaq Due to its Not Regains Compliance with the Bid Price RequirementAs previously disclosed, on December 28, 2023, Presto Automation Inc. (the ‘Company’) received a notice (the ‘Notice’) from the Listing Qualifications Department (the ‘Staff’) of The Nasdaq Stock Market LLC (‘Nasdaq’) stating that the Company was not in compliance with the requirement to maintain a minimum closing bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5450(a)(1) (the ‘Bid Price Requirement’), because the closing bid price of the Company’s common stock, par value $0.0001 per share (the ‘Common Stock’), was below $1.00 per share for 30 consecutive business days. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided 180 calendar days from the date of the Notice, or until June 25, 2024, to regain compliance with the Bid Price Requirement. On June 27, 2024, the Company received a Staff determination letter (the ‘Staff Determination Letter’) from Nasdaq informing the Company that the Company had not regained compliance with the Bid Price Requirement. The Staff Determination Letter noted that unless the Company requests an appeal of the Staff’s determination by July 5, 2024, the Company’s Common Stock and warrants will be scheduled for delisting at the opening of business on July 9, 2024, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market. The Company intends to request a hearing before a Nasdaq Hearings Panel (the ‘Panel’) on or before July 5, 2024, which will stay any further delisting action by the Staff pending the ultimate outcome of the hearing. There can be no assurance the Panel will grant any request for continued listing or that the Company will be able to regain compliance with the applicable listing criteria within the period of time that may be granted by the Panel. The Company’s Common Stock and warrants will remain listed and eligible for trading on the Nasdaq Global Market at least pending the ultimate conclusion of the hearing process. Previously, on June 14, 2024, the Company’s board of directors (the ‘Board’) approved a proposal to effect a reverse split of the Company's Common Stock in a range between 1-25 and 1-100, subject to approval by the Company’s stockholders at Special Meeting scheduled for July 16, 2024. Assuming stockholder approval, the Board intends to effect a reverse stock split as soon as practical thereafter with the goal of regaining compliance with the Bid Price Requirement. Further, as previously disclosed, the Company is subject to two other deficiency notices from Nasdaq relating to (i) the requirement to maintain a minimum Market Value of Publicly Held Securities of $15 million and (ii) the requirement to maintain a minimum Market Value of Listed Securities of $50 million. These deficiencies may become an additional basis for delisting, and as such, the Company intends to address these concerns before the Panel.
お知らせ • May 29Presto Automation Inc. has filed a Follow-on Equity Offering in the amount of $0.75 million.Presto Automation Inc. has filed a Follow-on Equity Offering in the amount of $0.75 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 5,000,000 Price\Range: $0.15 Transaction Features: Registered Direct Offering
お知らせ • May 24Presto Automation Inc. has completed a Follow-on Equity Offering in the amount of $1.524999 million.Presto Automation Inc. has completed a Follow-on Equity Offering in the amount of $1.524999 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 10,892,851 Price\Range: $0.14 Discount Per Security: $0 Transaction Features: Registered Direct Offering
お知らせ • May 22Presto Automation Inc. announced that it has received $3 million in funding from REMUS CapitalPresto Automation Inc. announced a private placement of common shares for the gross proceeds of $3 million on May 20, 2024. The transaction included participation from returning investor, Remus Capital.
お知らせ • May 18Presto Automation Inc. announced delayed 10-Q filingOn 05/16/2024, Presto Automation Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • May 17+ 1 more updatePresto Automation Inc. announced that it has received $1.5 million in fundingPresto Automation Inc entered into Securities Purchase Agreements to issue $1,500,000 principal amount of convertible subordinated notes for a gross proceeds $1,500,000 on May 16, 2024. The transaction included participation from Remus Capital Series B II, L.P. Interest on the Notes accrues monthly by increasing principal at a rate of 7.5% per annum. The interest rate shall increase to 12% in the case of an event of default. The notes will mature on March 30, 2026. The Notes are convertible into 10,714,286 shares of Common Stock at the option of each holder at an initial conversion price of $0.14 per share. The Notes shall convert mandatorily into Common Stock at the then prevailing conversion price immediately prior to a Restructuring Transaction, and a Change of Control Transaction with a financial investor.
お知らせ • May 16Presto Automation Inc. to Report Q3, 2024 Results on May 20, 2024Presto Automation Inc. announced that they will report Q3, 2024 results After-Market on May 20, 2024
Board Change • May 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (4 non-independent directors). Director Krishna Gupta is the most experienced director on the board, commencing their role in 2017. Independent Non-Executive Director Gail Zauder was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • May 09Presto Introduces Presto Voice™ with Pure AI for Enhanced Automated Drive-Thru OrderingPresto Automation Inc. announced the launch of Presto Voice with Pure AI, a transformative feature that delivers enhanced Voice AI order taking for restaurants. Presto Voice with Pure AI introduces a compelling new version of Voice AI technology for restaurant operators that streamlines their operations and enhances the customer experience. The new technology is autonomous, without humans-in-the-loop (HITL) who could intervene early in the order process before the AI has a chance to complete the order. The Pure AI feature enables a smooth transition to the restaurant team member only when the AI determines that it is unable to process an order. Presto believes that the new Pure AI feature will allow the Voice AI system to improve more quickly while still providing the efficiency and level of accuracy its Voice AI is known for. Presto believes its Pure AI feature offers several key benefits for both operators and consumers: Decreased Delays and Improved Speed of Service: Fewer steps in the order-handling process will lead to fewer delays, resulting in a faster and more seamless ordering experience. Reduced Guest Frustration: With a direct escalation path to restaurant staff, customers are expected to experience fewer issues when the AI is unable to fulfill an order. Decreased Need for Staff Intervention: Presto Voice with Pure AI reduces the need for store staff to intervene at the outset of an order, allowing them to focus on other tasks. Accelerated AI Training: By enabling more complete AI sessions, Presto Voice with Pure AI is expected to improve at a faster pace, leading to a more consistent ordering experience for both store staff and customers. Presto is in the process of conducting a live test of Presto Voice with Pure AI, and once successful, Presto plans to expand the new Voice AI technology at a shorter ramp-up period, with a number of customer locations that have already agreed.
お知らせ • Mar 23Presto Automation Inc. announced that it expects to receive $4 million in fundingPresto Automation Inc. announced that it entered into participation agreement, subordination agreement with returning lender Presto CA LLC for gross proceeds of $4,000,000 on March 21, 2024. The company will issue senior secured non-convertible promissory note in the principal amount of $4,000,000. The company will raise the amount in two tranches. The first tranche is made on March 21, 2024, with the amount of $2,000,000. The second tranche will be made on March 30, 2024, with the amount of $2,000,000. The second tranche is subject to the following conditions. The notes shall be repaid no later than May 15, 2024. Interest on the note accrues by increasing principal at a rate of 12.0% per annum. On the maturity date, company will pay the interest then due by adding such outstanding interest to the aggregate principal amount of the note. The note is secured by a first priority lien on substantially all of the company’s assets, pursuant to that certain security agreement, dated as of March 21, 2024, by and between the company, Presto Automation LLC, a wholly owned subsidiary of the company, and Presto CA.
お知らせ • Mar 19Presto Automation Inc. has completed a Follow-on Equity Offering in the amount of $1.2 million.Presto Automation Inc. has completed a Follow-on Equity Offering in the amount of $1.2 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 4,800,000 Price\Range: $0.25 Discount Per Security: $0.015 Transaction Features: Registered Direct Offering
お知らせ • Mar 15Presto Automation Inc. has filed a Follow-on Equity Offering in the amount of $1.2 million.Presto Automation Inc. has filed a Follow-on Equity Offering in the amount of $1.2 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 4,800,000 Price\Range: $0.25 Transaction Features: Registered Direct Offering
お知らせ • Mar 02Presto Automation Inc. to Report Q2, 2024 Results on Mar 05, 2024Presto Automation Inc. announced that they will report Q2, 2024 results on Mar 05, 2024
お知らせ • Mar 01+ 1 more updatePresto Automation Inc. Receives Non-Compliance Letter from Nasdaq Regarding MVPHSOn February 23, 2024, Presto Automation Inc. received a notice from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with the requirement to maintain a minimum Market Value of Publicly Held Securities (“MVPHS”) of $15 million, as set forth in Nasdaq Listing Rule 5450(b)(2)(C) (the “MVPHS Requirement”), because the MVPHS of the Company was below $15 million for the 35 consecutive business days prior to the date of the Notice. The Notice is in addition to the previously disclosed letters received on February 6, 2024, notifying the Company that it was not in compliance with the requirement to maintain a minimum Market Value of Listed Securities of $50 million, as set forth in Nasdaq Listing Rule 5450(b)(2)(A), and on December 28, 2023, notifying the Company that it was not in compliance with the requirement to maintain a minimum bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5450(a)(1). The Notice does not impact the listing of the Company's common stock, par value $0.0001 per share (the “Common Stock”), or warrants on The Nasdaq Global Market at this time. The Notice provided that, in accordance with Nasdaq Listing Rule 5810(c)(3)(D), the Company has a period of 180 calendar days from the date of the Notice, or until August 21, 2024, to regain compliance with the MVPHS Requirement. During this period, the Common Stock will continue to trade on The Nasdaq Global Market. If at any time before August 21, 2024 the MVPHS closes at $15 million or more for a minimum of ten consecutive business days, Nasdaq will provide written notification that the Company has achieved compliance with the MVPHS Requirement and the matter will be closed. In the event the Company does not regain compliance by August 21, 2024, the Company will receive written notification that its securities are subject to delisting. At that time, the Company may appeal the delisting determination to a Hearings Panel. The Notice provides that the Company may be eligible to transfer the listing of its securities to The Nasdaq Capital Market (provided that it then satisfies the requirements for continued listing on that market). The Company intends to actively monitor its MVPHS and will evaluate available options to regain compliance with the MVPHS Requirement. However, there can be no assurance that the Company will be able to regain compliance with the MVPHS Requirement or maintain compliance with any of the other Nasdaq continued listing requirements.
お知らせ • Feb 16Presto Automation Inc. announced delayed 10-Q filingOn 02/15/2024, Presto Automation Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Feb 15Presto Automation Wins Final Appeal in Case Against XACPresto Automation Inc. has on February 8, 2024 received a court order representing the favorable verdict received from the Singapore Court of Appeal in the final hearing of its case against XAC Automation Corp. on January 16, 2024. The favorable verdict dismissed XAC’s appeal and upheld the award of $11.1 million previously made to the Company adding an additional SGD 50,000 (approximately $32,000) award for costs associated with the appeal. XAC has no further recourse to set aside the award. Domesticating the award in Taiwan may take between several months to more than a year, but the Company is currently exploring alternatives to enforce or monetize the award in a shorter timeline.
Price Target Changed • Feb 15Price target decreased by 21% to US$0.96Down from US$1.21, the current price target is an average from 3 analysts. New target price is 381% above last closing price of US$0.20. Stock is down 95% over the past year. The company is forecast to post a net loss per share of US$0.35 next year compared to a net loss per share of US$0.74 last year.
Board Change • Feb 15High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. No highly experienced directors. Chairman Krishna Gupta is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Feb 15Presto Automation Announces the Resignation of Xavier Casanova as Chief Executive OfficerPresto Automation Inc. announced that its Chief Executive Officer, Xavier Casanova, has resigned effective immediately, and the Company wishes him well. The Company will be announcing a replacement in the near future.
お知らせ • Feb 09Presto Automation Inc. Receives Non-Compliance Letter from Nasdaq Regarding MVLSOn February 6, 2024, Presto Automation Inc. (the Company") received a notice (the Notice") from The Nasdaq Stock Market LLC (Nasdaq") stating that the Company is not in compliance with the requirement to maintain aminimum Market Value of Listed Securities (MVLS") of $50 million, as set forth in Nasdaq Listing Rule 5450(b)(2)(A) (the MVLS Requirement"), because the MVLS of the Company was below $50 million for the 30 consecutive business days prior to the date of the Notice. Nasdaq further indicated that, as of the date of the Notice, the Company did not comply with certain requirements under the alternative standards set forth in Nasdaq Listing Rule 5450(b)(3)(A) for continued listing on the Nasdaq Global Market. The Notice is in addition to the previously disclosed letter received on December 28, 2023, notifying the Company that it was not in compliance with the requirement to maintain a minimum bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5450(a)(1). The Notice does not impact the listing of the Common Stock on The Nasdaq Global Market at this time. The Notice provided that, in accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company has a period of 180 calendar days from the date of the Notice, or until August 5, 2024, to regain compliance with the MVLS Requirement. During this period, the Common Stock will continue to trade on The Nasdaq Global Market. If at any time before August 5, 2024 the MVLS closes at $50 million or more for a minimum of ten consecutive business days, Nasdaq will provide written notification that the Company has achieved compliance with the MVLS Requirement and the matter will be closed. In the event the Company does not regain compliance by August 5, 2024, the Company will receive written notification that its securities are subject to delisting. At that time, the Company may appeal the delisting determination to a Hearings Panel. The Notice provides that the Company may be eligible to transfer the listing of its securities to The Nasdaq Capital Market (provided that it then satisfies the requirements for continued listing on that market). The Company intends to actively monitor its MVLS and will evaluate available options to regain compliance with the MVLS Requirement. However, there can be no assurance that the Company will be able to regain compliance with the MVLS Requirement or maintain compliance with any of the other Nasdaq continued listing requirements.
お知らせ • Feb 02Presto Automation Inc. Appoints Matthew Macdonald to the BoardPresto Automation Inc. announced on January 28, 2024, the board of directors (the “Board”) of the company increased the number of directors that constitute the entire Board from seven directors to eight directors and appointed Matthew MacDonald to the Board. Mr. MacDonald will serve as a Class II directors with a term expiring at the Company’s 2024 annual meeting of stockholders. Matthew MacDonald, 39, is a Managing Director of Erithmitic Inc, a commercial real estate bridge lending platform which he joined in June 2022. Matt is also the founder of Cottage Avenue, a hospitality-focused investment company and a partner in Great Canadian Heli-Skiing. Matt was a founder of Ventoux Acquisition Holdings, the co-sponsor of Ventoux CCM Acquisition Corporation, the special purpose acquisition company that merged with Presto. Prior to co-founding Ventoux in August 2020, Mr. MacDonald worked at Hyatt Hotels Corporation as the Vice President of Capital Strategy and Wellness Development, where he focused on acquiring hospitality companies and brands. Mr. MacDonald joined Hyatt in January 2017 as a result of Hyatt’s acquisition of Miraval Group, a leading hospitality wellness company. Mr. MacDonald joined Miraval Group, a KSL Capital portfolio company, as Vice President of Development in May 2016 following four years at Starwood Hotels and Resorts. Mr. MacDonald is a graduate of the University of Denver and received a Master in Real Estate Finance from New York University.
お知らせ • Jan 06Presto Automation Receives Non-Compliance Notice from NasdaqOn December 28, 2023, Presto Automation Inc. (the “Company”) received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with the requirement to maintain a minimum closing bid price of $1.00 per share, as set in Nasdaq Listing Rule 5450(a)(1) (the “Bid Price Requirement”), because the closing bid price of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), was below $1.00 per share for 30 consecutive business days. The Notice does not impact the listing of the Common Stock on The Nasdaq Global Market at this time. The Notice provided that, in accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has a period of 180 calendar days from the date of the Notice, or until June 25, 2024, to regain compliance with the Bid Price Requirement. During this period, the Common Stock will continue to trade on The Nasdaq Global Market. If at any time before June 25, 2024 the bid price of the Common Stock closes at or above $1.00 per share for a minimum of ten consecutive trading days, Nasdaq will provide written notification that the Company has achieved compliance with the Bid Price Requirement and the matter will be closed. In the event the Company does not regain compliance by June 25, 2024, the Company may be eligible for an additional 180 calendar day period to regain compliance. To qualify, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, except for the Bid Price Requirement, and transfer its listing to the Nasdaq Capital Market. The Company would also be required to provide written notice to Nasdaq of its intent to cure the deficiency during this second compliance period by effecting a reverse stock split, if necessary. If it appears to the Nasdaq staff that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible or determines not to submit a transfer application or make the required representation, Nasdaq would provide notice to the Company that its Common Stock would be subject to delisting. At that time, the Company may appeal the Nasdaq staff’s delisting determination to a Nasdaq Hearings Panel (the “Panel”). The Company expects that its Common Stock would remain listed pending the Panel’s decision. In such event, there can be no assurance that such an appeal would be successful. The Company intends to actively monitor the closing bid price of its Common Stock and will evaluate available options to regain compliance with the Bid Price Requirement. However, there can be no assurance that the Company will be able to regain compliance with the Bid Price Requirement or maintain compliance with any of the other Nasdaq continued listing requirements.
お知らせ • Dec 23Presto Automation Inc. Announces Resignation of Mr. Scott Raskin from the Board of DirectorsOn December 21, 2023, Mr. Scott Raskin resigned from the Board of Directors of Presto Automation Inc., effective immediately.
お知らせ • Dec 15Presto Automation Inc. Announces Chief Financial Officer ChangesOn December 13, 2023, Nathan Cook submitted his resignation as Interim Chief Financial Officer of Presto Automation Inc. Company effective immediately. Mr. Cook was engaged as Interim Chief Financial Officer pursuant to an agreement with Teneo Capital LLC that required the Company to pay a monthly fee of $90,000. On December 14, 2023, the Board of Directors of Presto appointed Stanley Mbugua to serve as Interim Chief Financial Officer, effective immediately. Mr. Mbugua has served as Chief Accounting Officer of the Company since March 2023, a role in which he will remain while serving as Interim Chief Financial Officer, and as the Interim Chief Financial Officer from August 2023 to October 2023. From September 2021 to March 2023, Mr. Mbugua served as Chief Accounting Officer at Skillz Inc., a mobile eSports platform, a position he held since 2021. Mr. Mbugua served as Group Vice President and Chief Accounting Officer of Rimini Street, a software company delivering third-party enterprise software support for Oracle, SAP, JD Edwards, PeopleSoft, Siebel, and other applications, from 2017 to 2021. From 2015 to 2017, Mr. Mbugua served as Senior Director and Corporate Controller at Lattice Semiconductor Corp., a manufacturer of high-performance programmable logic devices. Mr. Mbugua is a Certified Public Accountant and has a Bachelor’s degree from the University of Nairobi.
お知らせ • Dec 01Presto Automation Inc. Names Kat Hoffman Flynt as Chief Operating OfficerPresto Automation appointed Kat Hoffman-Flynt as Chief Operating Officer, effective immediately. Ms. Hoffman-Flynt brings more than 20 years of experience as an operational strategist, building strong customer relationships and scaling new deployments throughout her career. As Chief Operating Officer, she will be responsible for overseeing Prestos operations, while working to ensure the company achieves its goals and delivers excellence to Prestos customers. Ms. Hoffman-Flynt joined Presto in 2019 as Senior Director of Strategic Projects, where she helped develop multiple operational strategies that ensured customers needs were satisfied. Prior to joining Presto, Ms. Hoffman-Flynt held executive positions at Gordon Biersch Brewery Restaurants and CraftWorks Restaurants &Breweries Inc., where she advised each company through times of organizational change, creating and managing corporate project portfolios.
お知らせ • Nov 22+ 1 more updatePresto Automation Inc. Announces Board and Committee ChangesOn November 16, 2023, the board of Presto Automation Inc. increased the number of directors that constitute the entire board of directors from seven directors to nine directors and appointed Tefwik Cassis and Sasha Hoffman to the board of directors, effective as of the closing of the Offering. Both Mr. Cassis and Ms. Hoffman will serve as Class III directors with terms expiring at the Company’s 2025 annual meeting of stockholders. As a result of the foregoing appointments, Scott Raskin, who previously served as a Class III director, became a Class II director to more evenly balance the classes. In addition, Mr. Cassis was appointed to the Nominating and Governance Committee, Ms. Hoffman was appointed to the Compensation Committee, and Krishna Gupta will replace Mr. Raskin on the Strategic Finance Committee. Sasha Hoffman, 36, has served as a member of the Company’s board of directors since November 2023. Ms. Hoffman is currently an operating consultant with REMUS Capital, a technology-focused venture capital firm, a position that she has held since June 2023. Since 2019, Ms. Hoffman has also provided consultancy services for a variety of technology companies, including Thrasio Holdings Inc., Zima International Inc. (DBA: Dandy) and National Cycling League Inc., where she focused on bringing new products to market, strategy and go-to-market. From January 2020 to May 2021, Ms. Hoffman was a Product Leader at Uber Technologies Inc., where she led the rewards and subscriptions programs globally. From 2015 to August 2018, Ms. Hoffman was the Chief Operating Officer of the Fast Forward business unit at Piaggio & C. SpA., a motor vehicle manufacturer, where she oversaw the development and manufacturing of semi-autonomous robotic vehicles. Ms. Hoffman began her career as a technology investment banker at Goldman Sachs and Lehman Brothers. Ms. Hoffman holds a Bachelor of Arts degree in Business Economics and Accounting from the University of California, Los Angeles. Tewfik Cassis, 35, has served as a member of the Company’s board of directors since November 2023. Previously, Mr. Cassis was the Chief Product Officer of Rain Financial, a regulated Crypto exchange in the Middle East from May 2022 to October 2023. Prior to that Mr. Cassis was the Director of Special Projects at Monzo Bank, overseeing commercial and product functions for the personal banking team, as well as working on product marketing and development at Meta Platforms Inc. on the Commerce and Advertising teams from March 2017 to October 2021. Mr. Cassis is an active angel investor, focusing primarily in fintech, AI and mobility sectors and has previously founded and sold Daily Pnut in 2016. He also worked at McKinsey & Company as a Business Analyst from 2010 to 2013 and worked as an associate at Romulus Capital in 2008 to 2010, where he first met the team from Presto. Mr. Cassis holds a BSc in Management from MIT and an MBA from Harvard Business School.
お知らせ • Nov 21Presto Automation Inc. Provides Revenue Guidance for the Second Quarter of 2024Presto Automation Inc. provided revenue guidance for the second quarter of 2024. The company expected total revenue for the fiscal second quarter of 2024 to be in the range of $4.8 million to $5.0 million.
お知らせ • Nov 18Presto Automation Inc. has filed a Follow-on Equity Offering.Presto Automation Inc. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Transaction Features: Registered Direct Offering
お知らせ • Nov 17Presto Automation Inc. announced delayed 10-Q filingOn 11/15/2023, Presto Automation Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Nov 14Presto Automation Inc. to Report Q1, 2024 Results on Nov 20, 2023Presto Automation Inc. announced that they will report Q1, 2024 results After-Market on Nov 20, 2023
お知らせ • Oct 23Presto Automation Inc. Announces Resignation of Dan Mosher as PresidentPresto Automation Inc. announced that Dan Mosher resigned as President. Mr. Mosher informed the Company that he would remain with the Company through a transition period to be agreed. Mr. Mosher served as President of the Company since March 2023 and previously served as Chief Revenue Officer of the Company from March 2021 to March 2023.
お知らせ • Oct 21Presto Automation Inc. Announces Executive ChangesPresto Automation Inc. promoted Justin Foster to Chief Revenue Officer, effective immediately. Mr. Foster brings 15 years of experience leading go-to-market efforts at emerging high-growth technology companies. As Chief Revenue Officer, Mr. Foster will be responsible for all facets of the company’s revenue generation, including growing Presto’s footprint in the emerging voice AI market while retaining signed clients. Before joining Presto as SVP of Sales in 2022, Mr. Foster led all go-to-market activities for Liveclicker, a company he co-founded in 2008 and sold to CM Group, now Marigold, in 2018. Liveclicker was focused on the marketing personalization space. Prior to Liveclicker, Justin started and led the services practice at WhatCounts, a technology company focused on customer communications. WhatCounts was sold to Mansell Group in 2010. After nearly three years at Presto serving as both President and Chief Revenue Officer, Dan Mosher is leaving the company.
お知らせ • Oct 12Presto Automation Inc. announced that it expects to receive $3 million in funding from Cleveland Avenue Advisers, LLCPresto Automation Inc. announced a private placement of 1,500,000 common shares at a price of $2 per share for the gross proceeds of $3 million on October 10, 2023. The transaction will include participation from returning investor Cleveland Avenue Advisers, LLC. The transaction is expected to close on or around October 16, 2023, subject to customary closing conditions.
お知らせ • Oct 05Presto Automation Inc. to Report Q4, 2023 Results on Oct 10, 2023Presto Automation Inc. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Oct 10, 2023
お知らせ • Oct 01Presto Automation Inc. announced delayed annual 10-K filingOn 09/29/2023, Presto Automation Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
New Risk • Oct 01New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$81.2m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-US$22m). Earnings are forecast to decline by an average of 46% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$48m net loss in 2 years). Significant insider selling over the past 3 months (US$142k sold). Market cap is less than US$100m (US$81.2m market cap).
分析記事 • Sep 13Presto Automation Inc. (NASDAQ:PRST) Not Lagging Industry On Growth Or PricingPresto Automation Inc.'s ( NASDAQ:PRST ) price-to-sales (or "P/S") ratio of 5.7x may look like a poor investment...
お知らせ • Sep 03Presto Automation Inc., Annual General Meeting, Dec 06, 2023Presto Automation Inc., Annual General Meeting, Dec 06, 2023. Agenda: To elect the Company’s Class I Director nominees (Krishna K. Gupta, Keith Kravcik and Edward Scheetz).