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Yahoo
a day ago
- Business
- Yahoo
RADCOM Secures Multi-Year, Eight-Figure Contract Renewal with Major North American Telecom Operator
RADCOM Ltd. (NASDAQ:RDCM) is one of the best telecom stocks to buy according to Wall Street analysts. Earlier in May, RADCOM announced a significant multi-year, eight-figure contract renewal with a leading North American telecommunications operator. The agreement extends the existing partnership and also expands the scope of RADCOM's intelligent assurance services. RADCOM is expected to optimize network performance and service quality for the operator's infrastructure under the renewed contract. The precise financial terms and the identity of the telecom operator were not disclosed at the time. Although the continuation shows the effectiveness of RADCOM's ACE platform in meeting the demands of large-scale telecom networks. A professional technician using specialized tools to maintain a modern 5G cell tower. The ACE platform, which is an automated assurance and analytics solution, uses AI and ML for automated network analysis. RADCOM's Network Intelligence suite, which includes Network Visibility, Service Assurance, and Network Insights, uses smart data collection and ML techniques to provide comprehensive network analysis and troubleshooting. RADCOM Ltd. (NASDAQ:RDCM) provides cloud-native and 5G-ready network intelligence solutions for communication service providers/CSPs. While we acknowledge the potential of RDCM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Yahoo
5 days ago
- Business
- Yahoo
Allot Announces Pricing of Underwritten Public Offering of Ordinary Shares
Hod Hasharon, Israel, June 24, 2025 (GLOBE NEWSWIRE) -- Allot Ltd. (Nasdaq: ALLT; TASE: ALLT) ('Allot' or the 'Company'), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, announced today the pricing of a public offering of 5,000,000 ordinary shares at a price to the public of $8.00 per share. In addition, the Company granted the underwriters of the public offering a 30-day option to purchase from the Company up to an additional 750,000 ordinary shares at the public offering price, less underwriting discounts and commissions. All of the ordinary shares in the public offering will be sold by the Company. The offering is expected to close on June 26, 2025, subject to customary closing conditions. The gross proceeds from the offering, before deducting underwriting discounts and commissions and estimated offering expenses, are expected to be $40.0 million, assuming no exercise of the underwriters' option. The Company expects to use the net proceeds to repay $31.41 million of principal outstanding under the senior unsecured convertible promissory note with a face value of $40.0 million issued by the Company to its largest shareholder, Lynrock Lake Master Fund LP ('Lynrock'), on February 18, 2022 (as amended, the 'Lynrock Note'), and the balance for general corporate purposes. In connection with the offering, Lynrock has agreed to convert the remaining $8.59 million of principal outstanding under the Lynrock Note into 1,249,995 ordinary shares. Lynrock has entered into a customary lock up agreement with the underwriters with respect to its ordinary shares, including those to be issued upon conversion of the Lynrock Note, for a period of 75 days following the date of the final prospectus supplement. The Company will have no outstanding indebtedness for borrowed money following the repayment and conversion of the Lynrock Note. TD Cowen and William Blair are acting as the joint book-running managers, Needham & Company is acting as lead manager and Northland Capital Markets is acting as co-manager, with respect to the public offering of the ordinary shares. The public offering is being made pursuant to an effective shelf registration statement on Form F-3 previously filed by the Company with the U.S. Securities and Exchange Commission (the 'SEC') and declared effective on April 3, 2025. A preliminary prospectus supplement relating to the public offering has also been, and a prospectus supplement relating to the public offering will be, filed with the SEC. The public offering of ordinary shares is being made only by means of a prospectus supplement and accompanying prospectus. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement filed on June 24, 2025, the prospectus supplement once available, and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. Copies of the prospectus supplement and accompanying prospectus relating to the public offering may be obtained free of charge at the SEC's website at Alternatively, copies of the prospectus supplement and the accompanying prospectus may be obtained from: TD Securities (USA) LLC, 1 Vanderbilt Avenue, New York, NY 10017, by email at or by telephone at (855) 495-9846; and William Blair & Company, L.L.C., Attention: Prospectus Department, 150 North Riverside Plaza, Chicago, IL 60606, or by telephone at (800) 621-0687, or by email at prospectus@ This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described above, nor shall there be any offer, solicitation or sale of such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offer, solicitation or sale of such securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. About Allot Allot Ltd. (Nasdaq: ALLT, TASE: ALLT) is a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide. Forward-Looking Statements This press release contains forward-looking statements, including statements regarding the size and timing of the public offering, the granting of an option by the Company to the underwriters to purchase additional ordinary shares from the Company, the proposed use of proceeds of the public offering, and the repayment and conversion of the Lynrock Note. These statements are not historical facts but rather are based on Allot's current expectations and projections regarding its business, operations and other factors relating thereto. Words such as 'expect,' 'intend,' 'believe,' 'may,' 'will,' 'should,' and other words and terms of similar meaning (including their negative counterparts or other various or comparable terminology) are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those set forth in the 'Risk Factors' section of the registration statement and the prospectus supplement for the public offering and the Company's other filings with the SEC. Any such forward-looking statements are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and speak only as of the date of this press release. Allot undertakes no duty to update any forward-looking statements made herein. CONTACT: Seth Greenberg Allot +972 54 922 2294 sgreenberg@ Ehud Helft/Kenny Green Allot Investor Relations +1-212-378-8040 Allot@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Allot Announces Pricing of Underwritten Public Offering of Ordinary Shares
Hod Hasharon, Israel, June 24, 2025 (GLOBE NEWSWIRE) -- Allot Ltd. (Nasdaq: ALLT; TASE: ALLT) ('Allot' or the 'Company'), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, announced today the pricing of a public offering of 5,000,000 ordinary shares at a price to the public of $8.00 per share. In addition, the Company granted the underwriters of the public offering a 30-day option to purchase from the Company up to an additional 750,000 ordinary shares at the public offering price, less underwriting discounts and commissions. All of the ordinary shares in the public offering will be sold by the Company. The offering is expected to close on June 26, 2025, subject to customary closing conditions. The gross proceeds from the offering, before deducting underwriting discounts and commissions and estimated offering expenses, are expected to be $40.0 million, assuming no exercise of the underwriters' option. The Company expects to use the net proceeds to repay $31.41 million of principal outstanding under the senior unsecured convertible promissory note with a face value of $40.0 million issued by the Company to its largest shareholder, Lynrock Lake Master Fund LP ('Lynrock'), on February 18, 2022 (as amended, the 'Lynrock Note'), and the balance for general corporate purposes. In connection with the offering, Lynrock has agreed to convert the remaining $8.59 million of principal outstanding under the Lynrock Note into 1,249,995 ordinary shares. Lynrock has entered into a customary lock up agreement with the underwriters with respect to its ordinary shares, including those to be issued upon conversion of the Lynrock Note, for a period of 75 days following the date of the final prospectus supplement. The Company will have no outstanding indebtedness for borrowed money following the repayment and conversion of the Lynrock Note. TD Cowen and William Blair are acting as the joint book-running managers, Needham & Company is acting as lead manager and Northland Capital Markets is acting as co-manager, with respect to the public offering of the ordinary shares. The public offering is being made pursuant to an effective shelf registration statement on Form F-3 previously filed by the Company with the U.S. Securities and Exchange Commission (the 'SEC') and declared effective on April 3, 2025. A preliminary prospectus supplement relating to the public offering has also been, and a prospectus supplement relating to the public offering will be, filed with the SEC. The public offering of ordinary shares is being made only by means of a prospectus supplement and accompanying prospectus. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement filed on June 24, 2025, the prospectus supplement once available, and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. Copies of the prospectus supplement and accompanying prospectus relating to the public offering may be obtained free of charge at the SEC's website at Alternatively, copies of the prospectus supplement and the accompanying prospectus may be obtained from: TD Securities (USA) LLC, 1 Vanderbilt Avenue, New York, NY 10017, by email at or by telephone at (855) 495-9846; and William Blair & Company, L.L.C., Attention: Prospectus Department, 150 North Riverside Plaza, Chicago, IL 60606, or by telephone at (800) 621-0687, or by email at prospectus@ This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described above, nor shall there be any offer, solicitation or sale of such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offer, solicitation or sale of such securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. About Allot Allot Ltd. (Nasdaq: ALLT, TASE: ALLT) is a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide. Forward-Looking Statements This press release contains forward-looking statements, including statements regarding the size and timing of the public offering, the granting of an option by the Company to the underwriters to purchase additional ordinary shares from the Company, the proposed use of proceeds of the public offering, and the repayment and conversion of the Lynrock Note. These statements are not historical facts but rather are based on Allot's current expectations and projections regarding its business, operations and other factors relating thereto. Words such as 'expect,' 'intend,' 'believe,' 'may,' 'will,' 'should,' and other words and terms of similar meaning (including their negative counterparts or other various or comparable terminology) are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those set forth in the 'Risk Factors' section of the registration statement and the prospectus supplement for the public offering and the Company's other filings with the SEC. Any such forward-looking statements are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and speak only as of the date of this press release. Allot undertakes no duty to update any forward-looking statements made herein. CONTACT: Seth Greenberg Allot +972 54 922 2294 sgreenberg@ Ehud Helft/Kenny Green Allot Investor Relations +1-212-378-8040 Allot@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-06-2025
- Business
- Yahoo
Harmonic Transforms Broadband Connectivity Experience Through Collaboration with CUJO AI
Advanced Integration Enables Exceptional Broadband Experiences for Latency-Sensitive Interactive Applications SAN JOSE, Calif., June 3, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced a collaboration to integrate CUJO AI® network intelligence software with Harmonic's market-leading cOS™ virtualized broadband platform. This advanced integration transforms broadband connectivity experiences for latency-sensitive interactive applications such as online gaming and video conferencing, empowering operators to deliver an exceptional, real-time quality of experience to subscribers. Harmonic and CUJO AI will showcase the new solution through a live, ultra-low-lag video conferencing demonstration at ANGA COM 2025. "This integration brings to life a shared vision of adaptive, real-time connectivity that meets the evolving demands of modern households. Together with Harmonic, we're making ultra-low-latency broadband a reality — not just for the few, but at scale," said Remko Vos, CEO at CUJO AI. The powerful solution combines robust, field-proven Low Latency, Low Loss, Scalable throughput (L4S) capabilities enabled by Harmonic's cOS platform with CUJO AI's network intelligence software running on BoostD 3.1 modems. The solution enables real-time detection and end-to-end prioritization of latency-sensitive applications. The Harmonic cOS platform enabled with CUJO AI software provides a seamless, low-latency broadband experience for subscribers while empowering operators to reduce churn, boost retention, improve ARPU and economically attract new subscribers through a uniquely differentiated offering. Harmonic's cOS core software enables operators to activate the new L4S capabilities across existing DOCSIS and fiber networks via a simple software upgrade, eliminating the need for major infrastructure investments. Moreover, the integration between Harmonic's cOS platform and CUJO AI harnesses the benefits of L4S-ready networks for latency-sensitive applications that may not be L4S compatible. "Our integration of CUJO AI on the cOS platform is a firm step forward on the path to adaptive, self-optimizing broadband networks that elevate the subscriber experience beyond reliability and speed," said Asaf Matatyaou, senior vice president, product, Broadband Business at Harmonic. "By harnessing the power of L4S technology and CUJO AI's network intelligence software, we are simplifying network performance enhancement for operators so they can cost-effectively elevate the subscriber experience — with a simple software upgrade." Harmonic will demonstrate the integration of CUJO AI network intelligence software on the cOS platform at ANGA COM, June 3-5 in Cologne, Germany in hall 8, stand C35. To see the demo and schedule a meeting with Harmonic, visit Harmonic's market-leading cOS platform powers next-gen broadband services through more than 33 million customer premises equipment (CPE) devices worldwide for leading operators in North America, Europe, Latin America and Asia. To learn more about Harmonic's broadband solutions, visit About HarmonicHarmonic (NASDAQ: HLIT), the worldwide leader in virtualized broadband and video delivery solutions, enables media companies and service providers to deliver ultra-high-quality video streaming and broadcast services to consumers globally. The company revolutionized broadband networking via the industry's first virtualized broadband solution, enabling operators to more flexibly deploy gigabit internet services to consumers' homes and mobile devices. Whether simplifying OTT video delivery via innovative cloud and software platforms, or powering the delivery of gigabit internet services, Harmonic is changing the way media companies and service providers monetize live and on-demand content on every screen. More information is available at Legal Notice Regarding Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements concerning Harmonic's business and the anticipated capabilities, advantages, reliability, efficiency, market acceptance, market growth, specifications and benefits of Harmonic products, services and technology are forward-looking statements. These statements are based on our current expectations and beliefs and are subject to risks and uncertainties, including the risks and uncertainties more fully described in Harmonic's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 2024, its Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K. The forward-looking statements in this press release are based on information available to Harmonic as of the date hereof, and Harmonic disclaims any obligation to update any forward-looking statements. Harmonic, the Harmonic logo and other Harmonic marks are owned by Harmonic Inc. or its affiliates. All other trademarks referenced herein are the property of their respective owners. View original content to download multimedia: SOURCE Harmonic Inc. Sign in to access your portfolio
