Gravitas Education Holdings Inc

Emmaus Life Sciences, Inc. operates as a biopharmaceutical company. It engages in the discovery, development, marketing and sale of innovative treatments and therapies, including those in the rare and orphan disease categories. The company was founded on March 20, 1987 and is headquartered in Torrance, CA.

Earnings data Q4 2024

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Mynd.AI, Inc. develops AI-enabled platforms for teachers and digital content classrooms. It offers hardware and software solutions that help organizations create and deliver dynamic content, simplify and streamline teaching, learning, and communication, and facilitate real-time collaboration. The company was founded on April 18, 2023 and is headquartered in Seattle, WA.

SEATTLE , Nov. 4, 2024 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE American: MYND) today announced that its subsidiary, Promethean, is set to launch its most adaptable interactive flat panel display (IFPD) and software solution—the Promethean ActivPanel 10 and Promethean ActivSuite™—in the first quarter of 2025. This next-gen experience is designed with choice and simplicity in mind, allowing schools, universities, and businesses to maximize learning and collaboration in various settings.

Mynd.ai's Promethean Brand to Release Transformational New Technology in First Quarter of 2025

School, university, and business leaders now have the flexibility to choose their experience and maximize learning and collaboration in classrooms, teaching spaces, meeting rooms, or on the go with the most adaptable, easy-to-use solution. SEATTLE , Nov. 4, 2024 /PRNewswire/ -- Promethean, a leading global tech company and brand owned by Mynd.ai, Inc. (NYSE American: MYND), has announced the most adaptable interactive flat panel display (IFPD) and software solution in Promethean's line-up—the all-new ActivPanel 10 and Promethean ActivSuite™.

The ActivPanel 10 is coming: Promethean's next-gen experience is built with choice and simplicity in mind

SEATTLE , Oct. 21, 2024 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE American: MYND) today announced that the Company's Board of Directors has authorized the repurchase of up to $10 million of its American depositary shares ("ADSs") and/or ordinary shares as market conditions and the Company's liquidity warrant. "We are committed to delivering long-term value to our shareholders and we believe that the potential to repurchase our shares and ADSs at these levels represents a compelling opportunity to deploy available cash to do so," stated Vin Riera, Mynd's Chief Executive Officer.

Mynd.ai Announces $10 Million Share Repurchase Program

The company was recognized in the Primary category for its Explain Everything Advanced lesson creation and delivery software SEATTLE , Oct. 14, 2024 /PRNewswire/ -- Promethean, a leading global education technology company and brand owned by Mynd.ai, Inc. (NYSE American: MYND), won this year's Tech & Learning Awards of Excellence: Back to School 2024 in the Primary category from Tech & Learning magazine. Back for the 2024-25 school year, the Tech & Learning Awards of Excellence seek out the most outstanding products offering schools versatility, value, and solutions to specific problems to support innovative and effective teaching and learning.

Promethean wins Tech & Learning Awards of Excellence: Back to School 2024

SEATTLE , Oct. 8, 2024 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE American: MYND) today announced a series of strategic actions designed to enhance the Company's operations and drive long-term shareholder value, including the following: The sale, on October 2, 2024, of the Company's entire 85% ownership interest in its Singapore-based early childcare learning business for a total consideration of $20 million in cash. The redeployment of capital to enhance business development and future technology innovation to increase sales within its core markets.

Mynd.ai Closes $20 Million Sale of Non-strategic Business Unit and Announces Additional Strategic Actions to Enhance Operations, Strengthen Cash Position and Drive Long-Term Shareholder Value

Gross Margins Increased 100 Basis Points to  27.3% ; Adjusted EBITDA loss improved by $0.6 million  SEATTLE , Aug. 29, 2024 /PRNewswire/ -- Mynd.ai, Inc. (the "Company" or "Mynd") (NYSE American: MYND) today announced financial results for the first half of 2024 (H1 2024). H1 2024 Key Financial Milestones Revenue of $166.0 million compared to $222.5 million for the same period in the prior year, with the decrease primarily driven by reduced spending by key customers due to uncertainty regarding future budget allocations Gross profit of $45.4 million, a 22.4% decline from $58.5 million in the same period in the prior year, driven by the year-over-year reduction in revenue.

Mynd Announces 2024 First Half Results

The ActivPanel LX with Google EDLA-certified OPS-A computing module is named one of the best edtech solutions for the classroom   SEATTLE , July 26, 2024 /PRNewswire/ -- Promethean, a leading global education technology company and brand owned by Mynd.ai, Inc. (NYSE American: MYND), took home a Tech & Learning Best of Show Award during ISTELive 24 in Denver June 23-26 for its innovative ActivPanel LX interactive flat panel display (IFPD) and Google EDLA-certified OPS-A computing module. The Tech & Learning awards recognize edtech solutions that transform education across the globe.

Promethean's ActivPanel LX wins a Tech & Learning Best of Show Award at the ISTELive 24 edtech conference

The company's flexible, secure, and affordable interactive display receives the prestigious "Classroom Tech Solution of the Year" award SEATTLE , June 6, 2024 /PRNewswire/ -- Promethean, a leading global education technology company and brand owned by Mynd.ai, Inc. (NYSE American: MYND), has been recognized by the 2024 EdTech Breakthrough Awards for its innovative ActivPanel LX interactive display. Winner of the "Classroom Tech Solution of the Year" award, ActivPanel LX is one of the most flexible, secure, and affordable interactive solutions on the market today.

Promethean's ActivPanel LX is honored by the 2024 EdTech Breakthrough Awards

Delivers Revenue of $413.6 Million and Successfully Completes Transformational Merger Transaction SEATTLE , March 27, 2024 /PRNewswire/ -- Mynd.ai, Inc. (the "Company" or "Mynd") (NYSE American: MYND) today announced financial results for the fiscal year ended December 31, 2023. Revenue of $413.6 million for the full year, compared to $584.6 million in the prior year with the decrease primarily driven by the normalization of the education market returning to pre-pandemic levels Gross Margin improved 30 basis points versus 2022 to 24.9%, largely due to lower materials and freight costs Cash flow from operations improvement of $3.0 million compared to 2022 Cash balance at year end was $91.8 million compared to $29.3 million at year end 2022 Adjusted EBITDA1 loss of $6.9 million compared to profit of $12.8 million in 2022, primarily driven by lower sales volumes "We are incredibly pleased with the progress our team made during 2023.

Mynd Announces Fiscal Year 2023 Results

The company was recognized for its ActivPanel LX display, OPS-A computing module, and Explain Everything Advanced lesson creation and delivery software SEATTLE , Feb. 7, 2024 /PRNewswire/ -- Promethean, a leading global education technology company, received three Best of 2023 awards from Tech & Learning magazine. The company's ActivPanel LX interactive display, OPS-A computing module, and Explain Everything Advanced lesson creation and delivery software were recognized for providing exceptional support in the classroom for teachers and students.

Promethean wins three Tech & Learning Awards of Excellence for 2023

SEATTLE , Feb. 2, 2024 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE American: MYND), today announced that Vin Riera, CEO, alongside members of Mynd's executive management team will ring the First Trade Bell at the New York Stock Exchange on Monday, February 5, 2024. The ceremony marks the successful completion of a merger on December 13, 2023, in which Promethean World Ltd.

Mynd.ai to Ring NYSE First Trade Bell on February 5th

The Explain Everything Whiteboard will soon be included on every ActivPanel 9, giving teachers a powerful, easy-to-use tool to create and deliver engaging lessons SEATTLE , Jan. 24, 2024 /PRNewswire/ -- Promethean, a leading global education technology company, will showcase its new Explain Everything Whiteboard app at this year's Future of Education Technology Conference (FETC) in Orlando, Fla., January 23 – 26.

Promethean introduces new game-changing whiteboard app at FETC 2024

HONG KONG , Dec. 13, 2023 /PRNewswire/ -- NetDragon Websoft Holdings Limited ("NetDragon" or the "Company"; Hong Kong Stock Code: 777), a global leader in building internet communities, has today announced the successful completion of the merger transaction, by which NetDragon has merged its core overseas education business ("NetDragon Education Business") with the NYSE-listed Gravitas Education Holdings Inc. ("GEHI") at a valuation of US$800 million for the merged entity. In alignment with the new brand and the direction of the company to pursue the transformation of education with Artificial Intelligence (AI), the merged entity has been renamed to Mynd.ai, Inc. ("Mynd.ai").

NetDragon Announces Completion of Merger for Spinoff Listing of Overseas Education Business

SEATTLE , Dec. 13, 2023 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE: MYND), is pleased to announce the successful completion of the merger transaction ("Merger Transaction") by which Gravitas Education Holdings, Inc. ("GEHI") acquired Elmtree Inc. ("eLMTree") from Best Assistant Education Online Limited, a subsidiary of NetDragon Websoft Holdings Limited (HKEX: 0777, "NetDragon"). In connection with the Merger Transaction, GEHI has changed its corporate name to "Mynd.ai, Inc." and its ticker symbol from "GEHI" to "MYND".

News for Gravitas Education Holdings Inc Stock (MYND)