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.

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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.

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".

Mynd.ai, Inc. Consummates Merger Transaction

News for Gravitas Education Holdings Inc Stock (MYND)