Connect with us

Technology

Ocho Sends Letter to the Board of Digimarc Corporation

Published

on

Calls for CEO Search by a Committee of Independent Directors

AUSTIN, Texas, March 20, 2025 /PRNewswire/ — Ocho Investments LLC (“Ocho”), which owns in excess of 5% of the stock of Digimarc Corporation (Nasdaq: DMRC) (“Digimarc” or the “Company”), today sent a letter to the Board of Directors of the Company.

In its letter, Ocho detailed Digimarc’s poor operating performance, the CEO’s misleading public statements and the resulting destruction of shareholder value, with the Company’s stock price having declined 51% under the current CEO’s tenure while the Nasdaq has increased 28% in the same period. Ocho calls on the Board to conduct a search for a new CEO, led by a committee of independent directors, including a new director appointed to represent the interest of the stockholders.

The full letter is available via this link: https://www.ochocapital.com/s/DMRC-032025.pdf

About Ocho

Ocho is a family office that invests in public and private companies across a wide variety of industries. Our level of involvement can vary from passive investments to active engagement with management and board service.

Disclaimer

The views expressed in this letter represent the opinions of Ocho Investments LLC (“Ocho”), and are based on publicly available information with respect to the Company. Ocho reserves the right to change any of its opinions expressed herein at any time as it deems appropriate and disclaims any obligation to notify the market or any other party of such change. Ocho disclaims any obligation to update the information or opinions contained in this letter.

This letter is provided merely as information and is not intended to be, nor should it be construed as investment advice, or as an offer to sell or a solicitation of an offer to buy any security. This letter does not recommend the purchase or sale of any security, Ocho currently beneficially owns shares of the Company. Ocho is in the business of trading – buying and selling– securities and intend to continue trading in the securities of the Company. You should assume Ocho will from time to time sell all or a portion of its holdings of the Company in open market transactions or otherwise, buy additional shares (in open market or privately negotiated transactions or otherwise), or trade in options, puts, calls, swaps or other derivative instruments relating to such shares.

View original content:https://www.prnewswire.com/news-releases/ocho-sends-letter-to-the-board-of-digimarc-corporation-302407587.html

SOURCE Ocho Investments LLC

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

TIM S.A: NOTICE TO THE MARKET Filing of Form 20-F

Published

on

By

RIO DE JANEIRO, March 31, 2025 /PRNewswire/ — TIM S.A (“TIM”) announces that its Annual Report on Form 20-F (the “20-F”), reporting its financial and operational data for financial year ended December 31, 2024, was filed with the U.S. Securities and Exchange Commission, or the SEC, and with the Brazilian Securities and Exchange Commission, the Comissão de Valores Mobiliários, or CVM, on March 31, 2025. The document has been posted on TIM’s website, https://ri.tim.com.br/.

The 20-F contains detailed information about TIM, including certifications under the

U.S. Sarbanes-Oxley Act, which attest to the effectiveness of TIM’s internal controls and procedures. TIM independent auditors, Ernst & Young Auditores Independentes

S.S Ltda., issued an audit opinion on the financial statements and the effectiveness of internal controls over financial reporting as of December 31, 2024.

TIM’s shareholders may receive a hard copy of this document, which contains the Company’s complete audited financial statements, free of charge, upon request. Requests should be directed to:

Rio de Janeiro, March 31, 2025.

View original content:https://www.prnewswire.com/news-releases/tim-sa-notice-to-the-market-filing-of-form-20-f-302416354.html

SOURCE TIM S.A

Continue Reading

Technology

GSME Secures $18 Million Growth Investment

Published

on

By

Transforming Manufacturing with Intelligent, Data-Driven, and Accelerated AI-Powered Decision-Making

SAN JOSE, Calif., March 31, 2025 /PRNewswire/ — GS Microelectronics (GSME), a global leader in advanced manufacturing solutions, proudly announces that it has secured $18 million in growth investment from a consortium of strategic partners and technology funds. This substantial investment will fuel GSME’s ambitious growth plans, including portfolio diversification, global service business expansion, and the development of its cutting-edge Analog and RF IP products.

“This investment marks a transformative milestone for GSME,” – Farhat Jahangir, President and CEO of GSME

A significant portion of this investment will be directed towards the launch of GSME’s groundbreaking AI-powered IMDS (Intelligent Manufacturing Dashboard Solution). This revolutionary platform will provide customers with unparalleled real-time visibility and control over their entire manufacturing process, enabling proactive monitoring, parametric analysis, fault detection, and more. IMDS sets a new standard for smart manufacturing solutions, driving efficiencies that were once out of reach.

“This investment marks a transformative milestone for GSME, underscoring the confidence our strategic partners have in our vision,” said Farhat Jahangir, President and CEO of GSME. “It will accelerate our efforts to scale our global operations and deliver game-changing AI-driven solutions that will revolutionize third-party manufacturing. We are poised to bring next-generation intelligence to the heart of industrial production.”

The IMDS utilizes AI and machine learning to harness real-time data and generate predictive analytics, enabling manufacturers to optimize supply chains and streamline production. Key features include fault detection, quality control, and process automation, all of which work synergistically to improve operational efficiency. By identifying and preventing defects early, IMDS significantly enhances production flow, reduces downtime, and lowers operational costs. With continuous monitoring and analysis, the solution ensures adherence to strict quality standards, resulting in superior product quality.

IMDS optimizes resource management, including materials, energy, and workforce allocation, providing cost reductions while driving sustainability. The process improvements facilitated by IMDS are passed directly onto customers, delivering tangible value.

GSME is set to strengthen its position as a leader in innovative SaaS-based manufacturing solutions, further enhancing its ability to deliver immense value to customers worldwide. As part of its broader vision, GSME is committed to driving the future of semiconductor manufacturing and advancing technology that will shape industries for decades to come.

About GSME:

GSME (GS Microelectronics, U.S. Inc.) is a leading global provider of tailored silicon solutions, dedicated to empowering semiconductor and systems companies with cutting-edge technology and unparalleled expertise. Our comprehensive range of services includes end-to-end chip design, full turnkey manufacturing capabilities, rigorous quality assurance, and strategic incubation to help our partners bring innovative products to market.

At GSME, we are committed to transforming the semiconductor manufacturing landscape by optimizing processes, accelerating product development cycles, and ensuring faster time-to-market for next-generation applications. By delivering high-performance, customized solutions, we help our clients stay ahead of the technological curve and drive their success. For more information, please visit www.gsme.com.

Contact:

Zarin Said
pressrelations@gsme.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/gsme-secures-18-million-growth-investment-302416365.html

SOURCE GS Microelectronics

Continue Reading

Technology

NumbersUSA Unveils State Immigration Enforcement Scorecards Project

Published

on

By

ARLINGTON, Va., March 31, 2025 /PRNewswire/ — The non-partisan NumbersUSA organization announces a new initiative to comprehensively score all immigration enforcement actions by each state legislator.  

We call this new tool our State Credible Immigration Enforcement Scorecards.

While Congress has the power to lower immigration’s numerical limits and control national borders, the States have ample power to credibly enforce laws deterring illegal immigration within their own boundaries.

Today, we unveil the first Scorecards for each state legislator’s immigration actions in Ohio and West Virginia (2023 and 2024), North Carolina (2024), and Montana (which met only in 2023).  NumbersUSA will be adding Scorecards for additional states every month.

Creating these Report Cards requires significant effort, including research, data collection, and analysis. NumbersUSA has partnered with the Institute for Legislative Analysis to bring this scoring platform to life. Nobody else has ever offered anything like this deep look into state legislatures on immigration.

“And for the first time, we are negatively scoring leaders such as Speaker of the House and committee chairs when they quietly refuse to bring good bills up for a vote,” says Andrew Good, NumbersUSA Director of State Government Relations. “This is a key reason that sensible immigration policies don’t pass more frequently in Congress, and it is the main reason that credible immigration enforcement laws often have an uphill battle in the states.”

Here are a couple of examples from our pioneer states that explain their poor Leadership grades:

The Ohio House passed a bill expanding the use of E-Verify last year on an 85-6 vote. But Ohio Senate leaders never allowed a vote on the bill, so it died at the end of 2024.The West Virginia Senate passed a mandatory E-Verify bill in 2023, on a 34-0 vote. But leaders in the West Virginia House never allowed a vote on the bill, so it died at the end of their 2023 session.In 2024, it looked like victory was guaranteed when the West Virginia House WAS allowed to vote and passed a bill expanding the use of E-Verify on a 82-18 vote. But the Senate which unanimously passed it the year before was barred from doing so again because Senate leaders refused to bring that bill up for a vote. The bill died.

Despite votes for E-Verify from the overwhelming majority of their state legislators, neither Ohio nor West Virginia has any E-Verify law at all, entirely because  legislative leaders carried out the bidding of business lobbies and killed bills by not allowing votes. Our state scorecards expose these backroom deals.

“Join us in celebrating this groundbreaking tool, the first of its kind, and ensure that no state official’s role in immigration enforcement goes unnoticed or misrepresented,” NumbersUSA CEO Roy Beck says.

Andrew Good notes the immensity of holding state legislators accountable:  “If you think our  Congressional Grade Cards are impressive (and they are!), consider that state legislatures cumulatively introduce 23 TIMES more bills than Congress, totaling an average of 128,145 bills per year. That’s a lot of Crackerjack to sift through to find the prizes.

“NumbersUSA is intent on guaranteeing that our elected state officials are transparent in their actions and accountable for delivering the credible immigration enforcement their constituents favor.”

About NumbersUSA
NumbersUSA is a nonpartisan organization that for 28 years has educated voters — particularly its more than 8 million online followers — about immigration policies and has provided them easy-to-use tools to make their voices heard. It advocates for lower immigration levels and credible enforcement of immigration laws.

Media Contact:
Andrew Good
agood@numbersusa.com
(703) 816-8820

View original content to download multimedia:https://www.prnewswire.com/news-releases/numbersusa-unveils-state-immigration-enforcement-scorecards-project-302416375.html

SOURCE NumbersUSA.com

Continue Reading

Trending