Three Directors at Sonic Foundry Inc bought/sold 50,000 shares at 1.440USD. The significance rating of the trade was 61/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two yea...
Sonic Foundry Announces Closing of $4.3 Million Public Offering MADISON, Wis., April 19, 2022 (GLOBE NEWSWIRE) -- Sonic Foundry Inc. (Nasdaq: SOFO), the trusted leader in video capture, management and streaming solutions as well as virtual and hybrid events, today announced the closing of its previously announced underwritten public offering of 1,700,000 shares of its common stock at a public offering price of $2.55 per share. Gross proceeds before deducting underwriting discounts and commissions and other offering expenses are approximately $4.3 million. Maxim Group LLC acted as the s...
Sonic Foundry Announces Pricing of $4.3 Million Public Offering MADISON, Wis., April 13, 2022 (GLOBE NEWSWIRE) -- Sonic Foundry Inc. (Nasdaq: SOFO), the trusted leader in video capture, management and streaming solutions as well as virtual and hybrid events, today announced the pricing of its previously announced underwritten public offering of 1,700,000 shares of its common stock at a public offering price of $2.55 per share. The gross proceeds from the public offering will be approximately $4.3 million, before deducting underwriting discounts and commissions and estimated offering expen...
Sonic Foundry Announces Proposed Public Offering of Common Stock MADISON, Wis., April 13, 2022 (GLOBE NEWSWIRE) -- Sonic Foundry Inc. (Nasdaq: SOFO), the trusted leader in video capture, management and streaming solutions as well as virtual and hybrid events, today announced it has commenced an underwritten public offering of shares of its common stock. The public offering is subject to market conditions, and there can be no assurance as to whether or when the public offering may be completed, or the actual size or terms of the public offering. Maxim Group LLC is acting as the sole book...
Sonic Foundry Begins Construction on First Global Learning Exchange™ Hub in the Bahamas MADISON, Wis., April 12, 2022 (GLOBE NEWSWIRE) -- (NASDAQ: SOFO), the trusted leader in video capture, management and streaming solutions as well as virtual and hybrid events, today announced critical first steps in the launch of Global Learning Exchange™, an innovative solution to provide students worldwide with access to higher education in flexible, cost effective, locally supported environments. Earlier this month, Sonic Foundry began construction of its first-of-its-kind Global Learning Exch...
Sonic Foundry Enters Two New High-Growth Markets Newly identified markets will be supported with two new company initiatives – Vidable and Global Learning Exchange MADISON, Wis., March 29, 2022 (GLOBE NEWSWIRE) -- Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video capture, management and streaming solutions as well as virtual and hybrid events, announced that the company is entering into two high growth markets during its which was held on March 10, 2022. Joe Mozden Jr., CEO, summarized company performance to date and outlined new and upcoming plans including two new com...
Sonic Foundry to Host Virtual Annual Shareholders Meeting Thursday, March 10 Shareholders and investors invited to join at 9 a.m. CST online via Sonic Foundry’s award winning Mediasite Connect platform MADISON, Wis., March 02, 2022 (GLOBE NEWSWIRE) -- Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video capture, management and streaming solutions as well as virtual and hybrid events, will hold its annual shareholders meeting at 9 a.m. CST on Thursday, March 10 virtually, via Mediasite Connect. Sonic Foundry’s CEO Joe Mozden will review the company’s 2021 key milestones and...
Sonic Foundry Announces First Quarter 2022 Financial Results MADISON, Wis., Feb. 10, 2022 (GLOBE NEWSWIRE) -- Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video creation and management solutions, and virtual and hybrid events, today announced consolidated financial results for its first quarter 2022 ended December 31, 2021. Highlights for the First Quarter Ended December 31, 2021: Total revenue was $7.3 million compared to $9.2 million in the prior year quarter primarily due to reduced event revenue associated with in-person events being cancelled or delayed as a result of ...
Sonic Foundry Announces Uplisting to Nasdaq Capital Market MADISON, Wis., Jan. 24, 2022 (GLOBE NEWSWIRE) -- (OTC Pink Sheets: SOFO) today announced that the Nasdaq Stock Market LLC (“Nasdaq”) has approved its application for uplisting the Company’s common stock to the Nasdaq Capital Market. Sonic Foundry’s common stock is expected to commence trading on the Nasdaq Capital Market at the opening of the market on Tuesday, January 25, 2022, under the Company’s current ticker symbol “SOFO.” Shareholders are not required to take any action as a result of the uplisting. Sonic Foundry, a truste...
Sonic Foundry Announces Fiscal Year 2021 and Fourth Quarter Financial Results MADISON, Wis., Dec. 09, 2021 (GLOBE NEWSWIRE) -- Sonic Foundry, Inc. (OTC Pink Sheets: SOFO), the trusted leader in video creation, management solutions, and virtual and hybrid events, today announced consolidated financial results for its fiscal year 2021 and fourth quarter for the year ended September 30, 2021. Highlights for the Fiscal Year Ended September 30, 2021 Total revenue increased 1.4% to $35.2 million compared to $34.7 million in the prior year. Exceeded fiscal 2021 revenue goal mainly due ...
Sonic Foundry Appoints Two New Executives Expanding Marketing and Business Development MADISON, Wis., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Sonic Foundry, Inc. (OTCQX: SOFO), the trusted leader in video creation, management solutions as well as virtual and hybrid events through its Mediasite™ video platform, today announced the appointment of two new executives; Sarah Wilde, Director of Marketing and Donny Neufuss, Director of Business Development and Strategic Partnerships. “We have seen a massive increase in the use of video since the start of the pandemic, proving video will forever ...
Sonic Foundry Appoints Two New Executives Expanding Marketing and Business Development MADISON, Wis., Nov. 08, 2021 (GLOBE NEWSWIRE) -- Sonic Foundry, Inc. (OTCQX: SOFO), the trusted leader in video creation, management solutions as well as virtual and hybrid events through its Mediasite™ video platform, today announced the appointment of two new executives; Sarah Wilde, Director of Marketing and Donny Neufuss, Director of Business Development and Strategic Partnerships. “We have seen a massive increase in the use of video since the start of the pandemic, proving video will forever ...
Mediasite is Awarded “Best Tool for Remote Learning in Higher Education” from Tech and Learning Madison, WI, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Sonic Foundry, Inc. (OTC: SOFO), the trusted leader for video creation and management solutions as well as virtual and hybrid events, today announced that Mediasite Mosaic has won “" for Higher Education” through Tech & Learning (T&L). Mediasite Mosaic is a one-click desktop app that enables teachers, students, trainers, and remote workers to have a video studio at their fingertips, allowing the flexibility to upload and manage recordings from ...
Sonic Foundry Announces Fiscal 2021 Third Quarter Financial Results MADISON, Wis., Aug. 12, 2021 (GLOBE NEWSWIRE) -- Sonic Foundry, Inc. (OTC Pink Sheets: SOFO), the trusted leader for video creation, management solutions as well as virtual and hybrid events, today announced consolidated financial results for its fiscal 2021 third quarter ended June 30, 2021. Fiscal 2021 Third Quarter Highlights Total revenues of $8.7 million, 9 percent increase compared to the $7.9 million revenue in the third quarter of 2020.Gross margin was $6.0 million, or 70 percent of sales, compared to $5.7 milli...
Sonic Foundry Secures a $3 Million Line of Credit from U.S. Bank National Association MADISON, Wis., Aug. 03, 2021 (GLOBE NEWSWIRE) -- MADISON, Wis. — August 3, 2021 (GLOBE NEWSWIRE) — Sonic Foundry, Inc. (OTC Pink Sheets: SOFO), the trusted leader for video creation, management solutions as well as virtual and hybrid events, today announced that the company has obtained a new $3 million secured revolving credit facility with U.S. Bank National Association. The new agreement maintains a maximum availability of $3 million or the applicable borrowing base and bears interest at an annual...
Sonic Foundry Raises $3.4 Million from Common Stock Offering MADISON, Wis., July 29, 2021 (GLOBE NEWSWIRE) -- MADISON, Wis., July 29, 2021 - Sonic Foundry, Inc. (OTC Pink Sheets: SOFO), the trusted leader for video creation, management solutions as well as virtual and hybrid events, announced today that it has sold 945,946 shares of common stock at market pricing (net proceeds of $3,425,000 after expenses). Several investors participated in the sale including Sonic Foundry’s chairman and largest shareholder, Mark Burish, who purchased $1.25 million worth of shares, as well as new investo...
Sonic Foundry CEO Joe Mozden Jr. Featured at GeoInvesting Virtual Event MADISON, Wis., July 22, 2021 (GLOBE NEWSWIRE) -- Sonic Foundry, the trusted leader for video creation, management solutions as well as virtual and hybrid events, today announced that its CEO Joe Mozden Jr. recently participated in a virtual event hosted by GeoInvesting. Mozden joined GeoInvesting CEO and Co-Founder Maj Soueidan for a live discussion and question and answer segment to discuss how Sonic Foundry is changing how the world learns, communicates and collaborates with streaming video. Mozden presented abou...
EdTech Digest Names Mediasite Mosaic a Finalist in The EdTech Awards Recognition is the latest among a growing list of the capture app’s awards for enabling hybrid learning and remote work MADISON, Wis., July 08, 2021 (GLOBE NEWSWIRE) -- EdTech Digest named Mediasite Mosaic, the personal video capture app, a finalist in . It recognized Mosaic in The EdTech Cool Tool category for a best new product or service. Mediasite Mosaic is a one-click desktop app that enables teachers, students, trainers, and remote workers to have a video studio at their fingertips and to manage recordings from...
Mediasite Events and BizBash Survey Reveals Over 40 Percent of Event Planners Preparing for Hybrid Events in 2021 and Beyond Planners discussed the future of the meetings, conferences and events industry MADISON, Wis., June 24, 2021 (GLOBE NEWSWIRE) -- , the comprehensive virtual and hybrid event platform used by professionals in health, higher-ed, technology and business associations from around the world, in partnership with BizBash, today released results from their spring study that explores the state of virtual and hybrid events one year into the pandemic. More than 500 event pla...
Mediasite Announces General Availability for Mediasite 8 for the World’s Leading Enterprise Video Platform Latest release supports massive video creation and usage worldwide MADISON, Wis., June 22, 2021 (GLOBE NEWSWIRE) -- This week, Mediasite announces its latest release – Mediasite 8 – that includes a powerful mix of new tools and features to support the emerging hybrid world of work, learning and events. This next generation of Mediasite is the modern video experience required to create the most engaging, interactive and personalized communications regardless of time and distanc...
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