Sangoma Technologies Corp T.STC

Alternate Symbol(s): SANG

Technology Communication Equipment

Sangoma Technologies Corporation is engaged in delivering cloud-based communications as a service solution for companies of all sizes. The Company is a business communications platform provider with solutions that include its unified communications as a service (UCaaS), contact center as a service (CCaaS), communications platform as a service (CPaaS), and trunking technologies. Its enterprise-grade communications suite is developed in-house and available for cloud, hybrid, or on-premises setups. Additionally, the Company provides managed services for connectivity, network, and security. It offers hardware and software components that enable or enhance Internet protocol communications systems for both telecom and datacom applications. Its product line includes data and telecom boards for media and signal processing, as well as gateway appliances and software. Its phones and devices include voice over Internet protocol (VoIP) hardware, headsets, telephony cards, and accessories.

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Sangoma Technologies Corp > Share consolidation

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Comment by profitprophet1on Nov 04, 2021 4:23pm

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Post# 34088778

RE:Share consolidation

This is required for Nasdaq listing. Perhaps not 7 to 1 but certainly a consolidation was required. Having access to large pools of capital on the Nasdaq is a good thing.

As for the mechanics of a consolidation it is no different than trading in the 20 loonies weighing your pocket down for a single twenty dollar bill. Being "mad" at a consolidation simply shows one's naivete as regards investing. Particularly so in this case when it is specifically done as a precursor to Nasdaq.

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