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PARETEUM CORPORATION

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Market Data: Yahoo Finance, Bloomberg, SEC Filings

Report Link: Updated Research Report (Dated 11/19/2018)

Symbol: TEUM
Analyst: John Nobile
Taglich Rating: Speculative Buy
Price Target: $5.00
Time Horizon: 12 Months
Rating Established: May 25, 2018
Price When Established: $2.36
Most Recent Report: November 19, 2018
Price When Issued: $2.03


What's New

Pareteum Completes Acquisition of iPass

On February 13, 2019, Pareteum Corporation (NASDAQ: TEUM) announced it accepted for exchange all shares of validly tendered iPass Inc. for the agreed consideration of 1.17 shares of Pareteum stock for each share of iPass. The shares accepted represent approximately 66.8% of iPass's outstanding shares of common stock. Pareteum acquired the remaining outstanding shares of iPass's common stock through a merger of a wholly-owned subsidiary of Pareteum with and into iPass immediately following expiration of the tender offer and acceptance of the iPass shares on February 12, 2019.


Company Description

Pareteum Corporation, headquartered in New York, NY, is a cloud communications platform company. Cloud communications involves the integration of multiple communication methods and services that can be accessed over the Internet and are handled and hosted by a third-party (such as Pareteum) through the cloud.


Company Reports

Updated Research Report (Dated November 19, 2018)
Updated Research Report (Dated August 24, 2018)
Initial Research Report (Dated May 25, 2018)

Disclaimer

Please view our current disclosure and disclaimer on our most recent research report.