MultiSensor AI Holdings, Inc. - Common Stock (MSAI)
1.2800
-0.0300 (-2.29%)
MultiSensor AI Holdings, Inc. is a technology company focused on developing innovative sensor solutions powered by artificial intelligence
The company specializes in creating advanced sensor platforms that integrate AI algorithms to enhance data collection, analysis, and interpretation across various industries. Their products are designed to improve operational efficiency, accuracy, and decision-making for businesses, particularly in sectors like environmental monitoring, industrial automation, and smart cities. By leveraging cutting-edge technology, MultiSensor AI aims to provide comprehensive solutions that drive actionable insights and foster sustainable practices.
HOUSTON, TX / ACCESSWIRE / January 6, 2025 / MultiSensor AI Holdings, Inc. ("MultiSensor AI," "MSAI" or "Company") (Nasdaq:MSAI), a pioneer in the emerging industrial AI-driven condition-based maintenance and process solution industry, today announced additional changes to its management team to further align with the Company's strategic growth objectives.
HOUSTON, TX / ACCESSWIRE / August 27, 2024 / MultiSensor AI Holdings, Inc. (NASDAQMSAI), a pioneer in AI-powered industrial condition-based maintenance and process control solutions, announced today that it will be attending the H.C. Wainwright 26th Annual Global Investment Conference on September 9-11, 2024, at the Lotte New York Palace Hotel in New York City.
MSAI stock results show that Infrared Cameras Holdings missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.
MultiSensor AI (NASDAQMSAI), a pioneer in artificial intelligence (“AI”)-powered industrial condition-based maintenance and process control solutions, has closed on a firm commitment public offering. The offering is comprised of 6,250,000 shares of common stock at a public offering price of $1.60 per share, less the underwriting discount. According to the announcement, MultiSensor AI also granted the underwriters a 45-day option to purchase up to 937,500 additional shares. The shares were offered at the public offering price after the deduction of an underwriting discount to cover overallotments; the option was exercised in full and closed with the public offering. Gross proceeds from the offering totaled $11.5 million before underwriting discounts, commissions and offering expenses are deducted. In addition, the company closed the private offering and sale of 2,772,561 shares of its common stock. Gross proceeds from the private offering totaled an estimated $15 million before the deduction of placement agent fees and other estimated offering expenses. Roth Capital Partners acted as Sole Book-Running Manager for both the public and private offerings.
BEAUMONT, TX / ACCESSWIRE / July 1, 2024 / MultiSensor AI Holdings, Inc. (Nasdaq:MSAI) ("MSAI" or the "Company"), a pioneer in AI-powered industrial condition-based maintenance and process control solutions, today announced the closing of a firm commitment public offering of 6,250,000 shares of its common stock at a public offering price of $1.60 per share less the underwriting discount. The Company granted the underwriters a 45-day option to purchase up to 937,500 additional shares of common stock at the public offering price less an underwriting discount to cover over-allotments, which option was exercised in full and closed contemporaneous with the closing of the public offering. The gross proceeds from the public offering (including the proceeds from the exercise of the over-allotment option) were $11.5 million before deducting underwriting discounts, commissions and offering expenses.
BEAUMONT, TX / ACCESSWIRE / June 28, 2024 / MultiSensor AI Holdings, Inc. (NASDAQMSAI) ("MSAI" or the "Company"), a pioneer in AI-powered industrial condition-based maintenance and process control solutions, today announced the pricing of a firm commitment public offering of 6,250,000 shares of its common stock at a public offering price of $1.60 per share. The gross proceeds of the offering are expected to be approximately $10 million before deducting underwriting discounts, commissions and offering expenses. The offering is expected to close on July 1, 2024, subject to satisfaction of customary closing conditions.
HOUSTON, TX and REDMOND, WA / ACCESSWIRE / June 14, 2024 / MultiSensor AI Holdings, Inc. (Nasdaq:MSAI), a leader in the emerging AI-driven predictive maintenance space, today announced that it has entered into a formal Strategic Channel Partner relationship with Denali Advanced Integration ("Denali"). Since its formation in 1992, Denali has been a leading provider of Information Technology (IT) and Operational Technology (OT) end-to-end solutions for enterprise clients around the world.
HOUSTON, TX / ACCESSWIRE / June 4, 2024 / MultiSensor AI Holdings, Inc. (Nasdaq:MSAI, MSAIW), a pioneer in AI-powered industrial condition-based maintenance and process control solutions, today announced that it received written notification from The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company has demonstrated compliance with the Nasdaq continued listing criteria. Accordingly, the Company will be removed from the list of companies published by Nasdaq that are noncompliant with its continued listing standards.
