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SITO Mobile Ltd (SITO.OQ)

SITO.OQ on NASDAQ Stock Exchange Capital Market

4.93USD
22 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Sito Mobile Announces Termination Of IP Revenue Sharing Agreement And Settlement Of Related Litigation
Tuesday, 20 Feb 2018 04:05pm EST 

Feb 20 (Reuters) - Sito Mobile Ltd ::SITO MOBILE ANNOUNCES TERMINATION OF IP REVENUE SHARING AGREEMENT AND SETTLEMENT OF RELATED LITIGATION.SITO MOBILE - ‍ENTERED INTO SETTLEMENT DEAL AND MUTUAL RELEASE WITH TAR SITO LENDCO LLC, JULIAN SINGER, KAREN SINGER & GARY SINGER​.SITO MOBILE LTD - ‍ REVENUE SHARING AND NOTE PURCHASE AGREEMENT IS BEING TERMINATED IN EXCHANGE FOR A ONE-TIME PAYMENT BY SITO TO TAR GROUP OF $3.5 MILLION​.SITO MOBILE - ‍PENDING LITIGATION BETWEEN SITO, CERTAIN OF UNITS & TAR GROUP RELATING TO IP REVENUE SHARING DEAL TO BE DISMISSED​.SITO MOBILE LTD - ‍ CO, UNIT, MEMBERS OF TAR GROUP AND AFFILIATES, TO RELEASE EACH OTHER FROM ANY AND ALL CLAIMS CO OR THEY HAVE, HAD OR MAY HAVE.SITO MOBILE - ‍ FOR 5 YRS, MEMBERS OF TAR GROUP WILL NOT ACQUIRE OR SELL CO'S SECURITIES, NOMINATE A PERSON FOR ELECTION TO BOARD​.SITO MOBILE LTD - ‍ PORTION OF PROCEEDS OF ANNOUNCED OFFERING OF COMMON STOCK TO BE USED TO FUND PAYMENT UNDER SETTLEMENT AGREEMENT​.SITO MOBILE LTD - ‍PAYMENT UNDER SETTLEMENT AGREEMENT WILL BE EXPENSED BY COMPANY IN ITS Q1 2018 FINANCIAL STATEMENTS​.  Full Article

SITO Mobile Prices $13 Million Public Offering
Wednesday, 7 Feb 2018 09:20am EST 

Feb 7 (Reuters) - Sito Mobile Ltd ::SITO PRICES $13.0 MILLION PUBLIC OFFERING OF COMMON STOCK.SAYS PUBLIC OFFERING OF 2.60 MILLION COMMON SHARES PRICED AT $5.00PER SHARE.  Full Article

Sito Says Media Placement Revenue Increased By $7.4 Mln To $14.7 Mln For Three Months Ended Dec. 31, 2017
Tuesday, 6 Feb 2018 04:07pm EST 

Feb 6 (Reuters) - Sito Mobile Ltd ::SITO ANNOUNCES RECORD REVENUE AND PRELIMINARY, ESTIMATED EXPENSES FOR THE THREE AND 12 MONTHS ENDED DECEMBER 31, 2017.SITO MOBILE LTD - MEDIA PLACEMENT REVENUE INCREASED BY $7.4 MILLION TO $14.7 MILLION FOR THREE MONTHS ENDED DECEMBER 31, 2017.  Full Article

SITO Announces Proposed Public Offering Of Common Stock
Tuesday, 6 Feb 2018 04:05pm EST 

Feb 6 (Reuters) - SITO Mobile Ltd ::SITO ANNOUNCES PROPOSED PUBLIC OFFERING OF COMMON STOCK.SITO MOBILE LTD - COMMENCED AN UNDERWRITTEN PUBLIC OFFERING OF ITS COMMON STOCK.  Full Article

Sito Mobile reports 30pct increase in Q3 revenue
Tuesday, 14 Nov 2017 04:05pm EST 

Nov 14 (Reuters) - Sito Mobile Ltd ::Sito Mobile reports 30pct increase in revenue for the third quarter.Q3 loss per share $0.12.Q3 revenue $11.1 million versus I/B/E/S view $11.3 million.  Full Article

Sito Mobile says complaint filed against co in NY supreme court on Nov 3
Thursday, 9 Nov 2017 06:09pm EST 

Nov 9 (Reuters) - Sito Mobile Ltd :Sito Mobile Ltd - ‍on Nov 3, a complaint was filed against co in Supreme Court of State of New York​.Sito Mobile - complaint filed by Tar Sito Lendco, an entity owned and controlled by Julian Singer, son of Karen Singer, formerly substantial stockholder of co.Sito Mobile - ‍Tar is revenue participant and collateral agent under that certain revenue sharing and note purchase agreement dated Oct 3, 2014​.Sito Mobile - ‍complaint alleges that co breached its obligations to undertake best efforts to diligently pursue monetization of patents.Sito Mobile - ‍complaint also alleges other alleged minor technical and curable defaults.  Full Article

SITO MOBILE PARTNERS WITH BELL MEDIA TO PROVIDE AUDIENCE BEHAVIOR INSIGHTS, MEDIA SOLUTIONS​
Friday, 3 Nov 2017 10:55am EDT 

Nov 3 (Reuters) - SITO Mobile Ltd ::SITO MOBILE LTD - ‍ANNOUNCED A MULTI-YEAR PARTNERSHIP WITH BELL MEDIA TO PROVIDE AUDIENCE BEHAVIOR INSIGHTS AND MEDIA SOLUTIONS​.  Full Article

Karen Singer reports 7.8 pct stake in Sito Mobile Ltd
Thursday, 17 Aug 2017 05:02pm EDT 

Aug 17 (Reuters) - Sito Mobile Ltd :Karen Singer reports 7.8 percent stake in Sito Mobile Ltd as on August 15, 2017 - SEC filing‍​‍​.Karen Singer had previously reported 10.2 percent stake in Sito Mobile Ltd as on July 31, 2017.  Full Article

Sito Mobile Ltd files for non-timely 10-Q
Tuesday, 15 Aug 2017 06:12am EDT 

Aug 15 (Reuters) - Sito Mobile Ltd :Sito Mobile Ltd files for non-timely 10-Q - SEC filing‍​.  Full Article

SITO Mobile Q2 loss per share $0.17
Monday, 14 Aug 2017 04:04pm EDT 

Aug 14 (Reuters) - Sito Mobile Ltd :SITO Mobile reports 28 percent increase in revenues for second quarter.Q2 loss per share $0.17.Q2 revenue $10.8 million versus I/B/E/S view $10.8 million.Q2 earnings per share view $-0.02 -- Thomson Reuters I/B/E/S.SITO Mobile - ‍ management believes current cash levels, among others will be adequate to meet anticipated working capital needs, for next 12 months​.  Full Article

BRIEF-Sito Mobile Announces Termination Of IP Revenue Sharing Agreement And Settlement Of Related Litigation

* SITO MOBILE ANNOUNCES TERMINATION OF IP REVENUE SHARING AGREEMENT AND SETTLEMENT OF RELATED LITIGATION