Find the full ALF company presentation here.
Your No. 1 ALF Potential Catalyst - Recent Listing On Nasdaq
Alfi, Inc. Announces Closing of Initial Public Offering
MIAMI BEACH, FL / ACCESSWIRE / May 6, 2021 / Alfi, Inc. (Nasdaq:ALF)("Alfi" or the "Company"), an AI enterprise SaaS platform company, powering computer vision with machine learning models to allow content publishers and brand owners to deliver interactive, intelligent information without violating user privacy, today announced the closing of its initial public offering of 3,731,344 shares of common st-ock and warrants to purchase 3,731,344 shares of common st-ock at a public offering price of $4.15 per share and warrant (the "Offering") for aggregate gross proceeds of approximately $15.5Mn, prior to deducting underwriting discounts, commissions, and other offering expenses and excluding any exercise of the underwriters' option to purchase any additional securities as described herein. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 559,701 shares and 559,701 warrants at the public offering price less the underwriting discounts and commissions.
The Company's common st-ock and warrants are listed for trading on the Nasdaq Capital Market under the ticker symbol "ALF" and "ALFIW", respectively. Each warrant is exercisable for one share of common st-ock at an exercise price of $4.57 per share and will expire five years from the date of issuance.
The Company intends to use the net proceeds primarily for the repayment of outstanding indebtedness, to put Alfi enabled tablets into service and to accelerate the roll-out of its software.
Kingswood Capital Markets, division of Benchmark Investments, Inc., acted as Sole Book-Running Manager for the Offering. Revere Securities LLC and WestPark Capital, Inc. acted as Co-Managers for the Offering.
Read the full article here.
Listing News Could Be A Major Breakout Catalyst!
This move from the to the Nasdaq could be significant as a possible turning point for the company in the near future.
An uplist could point to a company moving in the right direction. Additionally, the company could start drawing interest from parties that may not have known its name and operations before this decision.
Your No. 2 ALF Potential Catalyst - Low Float
According to Yahoo Finance, ALF has a small float.
The website reports this profile to have 11.8Mn outstanding shares.
Why is that important? It's important on one crucial level. Volatility.
With so few shares available for trading, potential catalysts (like positive company news) can send shares heading vertical in the short-term.
Your No. 3 ALF Potential Catalyst - 2 Recent Important Hires
ALFI Announces New Addition to Senior Leadership Team with Appointment of Chief Revenue Officer as Company Moves into Next Phase of Revenue Growth
Award-winning ad tech and digital sales veteran to take new position at Alfi to accelerate growth across customer, revenue and market segments
MIAMI BEACH, FL / ACCESSWIRE / May 7, 2021 / Alfi, Inc. (NASDAQ: ALF) ("Alfi" or the "Company"), an AI enterprise SaaS platform company powering computer vision with machine learning models to allow content publishers and brand owners to deliver interactive, intelligent information without violating user privacy, today announced that Ron Spears has been appointed Chief Revenue Officer ("CRO"). Spears has led winning sales and operations teams for nearly 20 years, building and managing large and emerging, high-growth advertising technology sales organizations. As CRO, Spears is responsible for Alfi's global sales strategy and execution.
"We have clear revenue strategy for 2021, and we are honored to welcome Ron to our senior executive leadership," said Paul Pereira, CEO of Alfi. "Ron's passion for creating and driving a high-performance sales culture together with his long history in the global Digital Out-of-Home ("DOOH") and Out-of-Home ("OOH") advertising market, and deep understanding of our company, products and customers, makes him the ideal executive to drive revenue growth for the Company."
"This is a great time to join Alfi," said Spears. "The industry has never seen anything like this platform which is capable of providing rich data and analytical insights that can be used for real-time OOH ad optimization and agility along with interactive ads that bring in more dynamic experiences than static messaging. I see significant opportunity to grow Alfi's market share globally."
Prior to joining Alfi, Spears was most recently Senior Vice President, Head of US Sales, for Firefly, a Google Ventures backed ad tech start-up specializing in targeted digital advertising through a mobile network of 4,000 GPS-enabled and Internet connected Hi-Res Smart Screens atop ride-share vehicles in the top 8 US markets. Spears was promoted to lead the national sales organization after having successfully built his region into the top revenue producer in 2019. He also held senior roles at Modern Luxury Media, the largest publisher of luxury lifestyle magazines and websites in the US; Vector Media, OOH and Digital Out-of-Home leader and the largest Transit advertising network in the US; and Tribune Publishing, US leader in print, online, mobile, and social news gathering.
He has a Bachelor of Journalism, Advertising from the University of Missouri, Columbia.
Read the full article here.
Alfi Announces Appointment of Ad Tech Executive Peter Bordes to its Board of Directors
Bordes brings over 30 years of media and ad tech experience to board
MIAMI BEACH, FL / ACCESSWIRE / May 11, 2021/ Alfi, Inc. (NASDAQ:ALF) ("Alfi" or the "Company"), an AI enterprise SaaS platform company powering computer vision with machine learning models to allow content publishers and brand owners to deliver interactive, intelligent information without violating user privacy, today announced that Peter Bordes has been appointed as an independent director to the Company's Board of Directors, effective (Date), 2021.
"Peter brings a strong understanding of the media industry, as well as significant finance, digital, marketing, and business development expertise," said Paul Pereira, Chairman and Chief Executive Officer of Alfi. "I look forward to working with Peter and confident he will provide valuable perspectives as we continue to execute our strategy, drive growth and enhance value for all Alfi shareholders."
Peter Bordes is a lifelong entrepreneur with a 30+ year career as a founder, CEO, investor and Board Member in private and public companies focused on media, ad tech, technology, finance and venture investing focused on disruptive innovation.
Since March 2012, Mr. Bordes has been a managing partner at Trajectory Capital, investing in disruptive innovation driving global transformation from Seed thru IPO. From May 2019 to October 2020, Mr. Bordes was CEO of Kubient, a cloud advertising platform with artificial intelligence ad fraud prevention, that he led from private to IPO, and currently serves as a board member of Kubient.
Mr. Bordes serves on the Board of Directors of Beasley Media, fraud(dot)net, Hoo.be and as Vice Chairman of Ocearch. He is a co-founder and serves on the Board of Directors of TruVest, and MainBloq.
Prior to forming Trajectory Capital, Mr. Bordes was a co-founder, CEO, and Chairman of MediaTrust, an RTB performance marketing ad exchange, which was the ninth fastest growing company in the United States under his leadership. During his tenure in the performance marketing industry, he was a founding member and Chairman of the PMA Performance Marketing Association.
Before founding MediaTrust, Mr. Bordes was a managing partner of Mason Cabot an early-stage tech in-vest-ment bank.
Mr. Bordes was ranked in the top 100 most influential angel investors and business leaders in the United States on social media and is a member of the Thiel Foundation 20 Under 20 Mentor Program. He is a member of the Board of Trustees of the Brooklyn Music School. Mr. Bordes earned his bachelor's degree in Communication, Business and Media Studies from New England College.
Commenting on the other members of the board, Mr. Pereira, said, "We've added extensive experience to our board with four new members in the past few months in preparation for our initial public offering, and we're excited by the collective expertise the board will bring to Alfi as we transform the ad business with interactive, intelligent content management and position the company for long-term growth and profitability."
Read the full article here.
Your TOP 3 Potential Catalysts For Nasdaq Profile (ALF)
1. Recent Listing On Nasdaq
2. Low Float / Possible Volatility
3. Two Major Hires
Behind these 3 potential catalysts, ALF could be a possible breakout idea in the near term.
Coverage is officially initiated on ALF. While you have time now, do this: