During Friday’s Morning trade, Shares of Mosaic Co (NYSE:MOS), lost -1.96% to $29.48.
Mobi724 Global Solutions Inc. (“Mobi724” or the “Company”) (CSE:MOS), a technology leader in the digital incentives, couponing and payment space, declares that it has successfully closed a second tranche private placement of $ 400,000.00 forming part of the $3,000,000 financing authorized in June 2015 of which $1,535,704 (counting the funds raised through the secured convertible debenture issuance) has been raised to date. Following the private placement, 4,848,485 common shares of the Company were issued at a price of $0.0825. The holder also received one (1) common share purchase warrant for every common share issued exercisable at a price of $0.0825 no later than March 31, 2016. The common shares are sold following exemptions from prospectus requirements to purchasers in Canada and will be listed on the CSE and will be subject to a four month hold period from the date of closing.
Grant of Stock Options
The Company also declares that it has granted incentive stock options under the Company’s stock option plan to certain directors, officers, employees and consultants of the Company to purchase up to an aggregate of 3,205,000 common shares in the capital stock of the Company. The options are exercisable at a price of $0.15 per share. The employee options will expire on December 8, 2018 and the directors’ options expire on December 8, 2020 and will vest in three equal parts over the first two years after grant.
The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agricultural industry worldwide. It operates through two segments, Phosphates and Potash. The Phosphates segment owns and operates mines in Florida.
Shares of Wave Systems Corp. (NASDAQ:WAVX), declined -17.29% to $0.110, during its current trading session.
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Wave Systems Corp. (NASDAQ: WAVX) Wave Systems Corp. develops, produces, markets, and sells products for hardware-based digital security in the United States and internationally. Wave Systems is up 43.33% recently indicating a bounce off its lows. With an RSI of 43, Wave Systems is heavily oversold and could be starting to heat up after finding its 52-week low of $0.06. Wave Systems has a lot of room to run as its 52-week high is $0.95.
Wave Systems Corp. develops, produces, markets, and sells products for hardware-based digital security in the United States and internationally. The company’s products are based on the Trusted Platform Module (TPM), a hardware chip that enables secure protection of files and other digital secrets, in addition to performs critical security functions.
Finally, Adobe Systems Incorporated (NASDAQ:ADBE), gained 2.75%, and is now trading at $91.41.
Adobe, stated financial results for its fourth quarter and fiscal year 2015 ended Nov. 27, 2015.
Fourth Quarter Financial Highlights
- Adobe achieved record quarterly revenue of $1.31 billion, representing year-over-year growth of 22 percent.
- Diluted earnings per share were $0.44 on a GAAP-basis, and $0.62 on a non-GAAP basis.
- Digital Media Annualized Recurring Revenue (“ARR”) grew to $2.99 billion exiting the quarter, an improvement of $350 million. Creative ARR grew to $2.60 billion, an improvement of $310 million driven by enterprise adoption and the addition of 833 thousand net new individual and team Creative Cloud subscriptions.
- Adobe Marketing Cloud achieved revenue of $352 million with strong bookings growth and a stronger-than-predictable shift in customer adoption to SaaS-based solutions.
- Year-over-year operating income grew 133 percent and net income grew 153 percent on a GAAP-basis; operating income grew 58 percent and net income grew 59 percent on a non-GAAP basis.
- Cash flow from operations was $455 million, and deferred revenue grew to a record $1.49 billion.
- The company repurchased about 1.4 million shares during the quarter, returning $122 million of cash to stockholders.
Adobe Systems Incorporated is a diversified software company worldwide. It operates in three segments: Digital Media, Digital Marketing, and Print and Publishing. The Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content.
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