Edgio, Inc. - Common Stock (EGIO)

Edgio, the platform of choice for security, speed and simplicity at the edge, today announced several new enhancements to its applications platform, designed to help companies deliver a high-performing web experience with ease. Updates to the company’s Real User Monitoring (RUM) and low-code prefetching capabilities allow Edgio to redefine industry standards for web performance and user experience.

Edgio, the platform of choice for security, speed and simplicity at the edge, today announced new security features aimed at giving customers robust controls to secure APIs and mitigate the risks of automated attacks. Edgio’s API security solution is enhanced by the addition of JSON Web Token (JWT) authentication to secure customers’ API endpoints, as well as significant improvements to its Advanced Rate Limiting solution to protect customers from evolving application DDoS threats.

Edgio, Inc. (Nasdaq: EGIO) and certain of its affiliates (collectively, “Edgio” or the “Company”), the platform of choice for security, speed, and simplicity, today announced that it has voluntarily filed for chapter 11 relief (the “Chapter 11 Cases”) in the United States Bankruptcy Court for the District of Delaware (the “Court”) to effectuate one or more sale transactions that should allow for the continued operation of the Company’s business under new ownership.

Edgio, Inc. (Nasdaq: EGIO) (the “Company”), today announced that it received an expected notice (the “Notice”) on August 21, 2024 from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with the requirements for continued listing under Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) because the Company has not yet filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 (the “Q2 Quarterly Report”) with the Securities and Exchange Commission (the “SEC”). The Notice has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market.

BT Group announces that it will collaborate with Edgio, as their first partner, to integrate their CDN into its MAUD technology solution. They plan to trial delivery of EE TV content on some set-top-boxes in the live network, in the coming months. Unveiling MAUD in December 2023, this collaboration takes the technology from proof of concept to real-world application with the first live CDN deployment, paving the way for other CDNs to follow.

Edgio, the platform of choice for security, speed and simplicity at the edge, today announced its recognition as a Leader and Outperformer in the GigaOm Platform Radar 2024 Report. The report examines and compares the offerings and capabilities of edge development platforms to help decision makers make informed investment decisions with a focus on compute capabilities and developer experience.

Edgio, Inc. (Nasdaq: EGIO) (the “Company”), today announced that its Board of Directors (the “Board”) has adopted a Tax Benefits Preservation Plan (the “Tax Plan”).

Edgio, Inc. (Nasdaq: EGIO) (the “Company”), today announced that it received an expected notice (the “Notice”) on May 16, 2024 from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with the requirements for continued listing under Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) because the Company has not yet filed its Quarterly Report on Form 10-Q for the year ended March 31, 2024 (the “Quarterly Report”) with the Securities and Exchange Commission (the “SEC”). The Notice has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market.

Edgio is pleased to announce that Vercara, a leading provider of cloud-based services, has chosen to partner with Edgio for their expertise in securing and accelerating web applications.

Edgio is proud to announce it has received the Web Application Security award from Cyber Defense Magazine (CDM), the industry’s leading electronic information security magazine.

Edgio, the platform of choice for security, speed and simplicity at the edge, today announced the launch of its Attack Surface Management (ASM) solution. ASM is designed to discover all web assets, provide full inventory of technologies, detect security exposures and manage exposure response across an organization from a centralized management interface. ASM, coupled with Edgio’s holistic web security solutions and managed security services provide the industry’s first edge-enabled continuous web application threat management service.

Edgio, a global leader in streaming media technology, today announced that Tabletop Tactics has selected the company to manage their end-to-end video workflows, content delivery and reporting analytics in a single integrated solution.

Edgio, the platform of choice for security, speed and simplicity at the edge, today announced the release of its Client-Side Protection solution. Designed to monitor scripts and APIs on the browser-side to prevent malicious code from exfiltrating sensitive customer data, Edgio Client-Side Protection allows teams to gain full visibility on client-side vulnerabilities, achieve full control over all first- and third-party resources and maintain the latest compliance requirements.

Sinclair, Inc. (Nasdaq: SBGI) announced the launch of its “Broadspan” datacasting platform to enable data distribution capability across all current Sinclair NextGen Broadcast (ATSC 3.0) markets where it serves as the host station. Edgio, Inc., a leading content delivery network, will become the first commercial partner of the Broadspan datacasting platform.

Edgio, a leading platform renowned for its exceptional performance in speed, security, and simplicity, is pleased to announce a significant multiyear agreement with EverPass Media, a media platform created specifically for commercial businesses. This partnership is set to redefine the delivery of premium live sports content across a broad network of commercial establishments nationwide, promising to elevate the viewing experience for countless customers.

Edgio is pleased to announce its collaboration with the Brazilian powerhouse BandNews TV through its Newco Pay TV. This partnership will expand the FAST channel outreach in the burgeoning market in South America’s largest country where viewers were clamoring for more coverage.

Edgio, Inc. (Nasdaq: EGIO) (the “Company”), today announced that it received an expected notice (the “Notice”) on April 4, 2024 from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with the requirements for continued listing under Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) because the Company has not yet filed its Annual Report on Form 10-K for the year ended December 31, 2023 (the “Annual Report”) with the Securities and Exchange Commission (the “SEC”). The Notice has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market.

Edgio, Inc. (Nasdaq: EGIO) (the “Company”), today announced unaudited financial results for the three months ended December 31, 2023.

Edgio, the platform of choice for speed, security, and simplicity at the edge, today announced that leading airport television network, ReachTV, has selected the company as their media streaming platform. Given that more than 50 percent of ReachTV’s programming comes from live events, they sought a partner that not only had expansive reach and technological expertise, but also had robust live event support to seamlessly deliver its diverse content. Edgio’s Uplynk platform and managed services provide ReachTV the ability to efficiently manage their live and on-demand streaming, while enhancing revenue through integrated, automated tools and a robust service offering.

Edgio, Inc. (NASDAQEGIO) (the “Company”), the platform of choice for speed, scale, security, and simplicity at the edge, today announced that, on March 1, 2024, the Company will file a Certificate of Amendment to its Amended and Restated Certificate of Incorporation (the “Charter”), effecting a one-for-forty (1-for-40) reverse stock split (the “Reverse Stock Split”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”) (the “Certificate of Amendment”). The Certificate of Amendment was approved by the Board of Directors of the Company (the “Board”) and will become effective March 1, 2024.

Edgio (NASDAQEGIO), the platform of choice for speed, security, and simplicity at the edge, found that web application attacks continued to increase and evolve in the fourth quarter of 2023, as reported in its new Edgio Quarterly Attack Trends Report in which the company analyzed 5.2 billion attack requests. Edgio found that the most prevalent attack mitigated was path traversal. A successful path traversal attack allows a threat actor to access files on a web server, and has surpassed the prior #1 threat, SQL injection, a common attack vector that often uses malicious SQL statements to attempt to exfiltrate sensitive data from databases behind applications.

Edgio, the platform of choice for speed, security, and simplicity at the edge, today announced a partnership with KPS, the leading partner for customer-centric business transformation. KPS is known for implementing best-of-breed, agile technology that increases website conversion, customer loyalty, and revenue per client.

Edgio, Inc. (Nasdaq: EGIO) (“Edgio” or the “Company”), the platform of choice for speed, security, and simplicity at the edge, today announced that it has issued equity-based awards pursuant to its Amended and Restated 2021 Inducement Plan to Brian White, its VP Business Operations, which were awarded in connection with the commencement of his employment. The inducement grant was approved by the Company's independent directors serving on its Compensation Committee and the Company’s Board of Directors and was made as a material inducement to Mr. White’s acceptance of employment with Edgio in accordance with Nasdaq Listing Rule 5635(c)(4) as a component of his employment compensation. The inducement grant consists of Restricted Stock Units (“RSUs”), for 400,000 shares of the Company's common stock. The inducement grant is dated February 2, 2024, and subject to the terms and conditions of the award agreement covering the RSUs and the Company's Amended and Restated 2021 Inducement Plan.

Edgio, Inc. (NASDAQEGIO), the platform of choice for speed, security, and simplicity at the edge, today announced that its board of directors has appointed BDO USA, P.C. as the company’s independent registered public accounting firm for the fiscal year ended December 31, 2023, effective immediately. BDO USA, P.C. succeeds Ernst & Young, who resigned as Edgio’s audit firm in December.

Edgio, Inc. (NASDAQEGIO) (the “Company”), the platform of choice for speed, security, and simplicity at the edge, today announced that Todd Hinders has been promoted to the position of CEO, effective immediately. Mr. Hinders has also joined the company’s board of directors. Hinders takes over from Bob Lyons, who has resigned from his role as President and CEO and as a member of the board of directors.