Tag: Pakistan

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‫صنعتی رہنما کیو آئی- اے این ایکس آئی این، ہواوے اور ٹینسینٹ سی سی آئی اے ٹاپ 50 کی تازہ ترین فہرست میں شامل ہوگیا

بیجنگ، 26 جون 2021 / ژن ہوا- ایشیانیٹ/۔۔ 16 جون 2021 کو چائنا سائبر سیکورٹی انڈسٹری الائنس (سی سی آئی اے) نے “2021 چائنا سائبر سیکورٹی مارکیٹ مسابقتی رپورٹ” جاری کرتے ہوئے اعلان کیا کہ “2021 چین کی سائبر سیکورٹی صنعت میں سرفہرست 50 مسابقتی کاروباری ادارے” (سی سی آئی اے ٹاپ 50)، “2021 سائبر سیکورٹی انڈسٹری میں چین کے ابھرتے ہوئے ستارے” (سی سی آئی اے رائزنگ اسٹارز) اور “2021 سائبر سیکورٹی انڈسٹری میں چین کے سب سے امید افزا ستارے”۔کیو آئی- اے این ایکس آئی این، سی سی آئی اے ٹاپ 50 کی فہرست میں پہلے نمبر پر ہے اور سنگفور، وینس ٹیک، ہواوے اور ٹینسینٹ جیسے معروف کاروباری ادارے بھی اس فہرست میں شامل ہیں۔

کیو آئی۔ اے این ایکس آئی این

سی سی آئی اے نے 2020 میں سائبر سیکورٹی انڈسٹری کا اہم ترین ڈیٹا جاری کیا

مارچ 2021 میں سی سی آئی اے نے سائبر سیکورٹی مصنوعات، خدمات اور حل کی فروخت سے حاصل ہونے والی آمدنی کے ساتھ گھریلو کاروباری اداروں کے لئے ایک عوامی سروے کا آغاز کیا تھا اور تقریبا 200 کمپنیوں سے درست ڈیٹا اکٹھا کیا جس میں بنیادی طور پر بڑے گھریلو سائبر سیکورٹی کاروباری اداروں کا احاطہ کیا گیا تھا۔ سروے رپورٹ کے مطابق 2020 میں چین کی سائبر سیکورٹی مارکیٹ کا پیمانہ تقریبا 53.2 ارب آر ایم بی تھا جس میں سال بہ سال شرح نمو 11.3 فیصد رہی جس میں کوویڈ -19 وبا کی وجہ سے سست رفتار نمو دکھائی دی۔

2021 میں عوامی جمہوریہ چین کے ڈیٹا سیکورٹی لاء، پرسنل انفارمیشن پروٹیکشن لاء اور اہم معلوماتی بنیادی ڈھانچے کے تحفظ سے متعلق ضوابط جیسے قوانین اور نفاذ کے ساتھ سائبر سیکورٹی کی اہمیت تیزی سے نمایاں ہو گئی ہے اور مارکیٹ اسکیل میں توسیع ہوتی رہے گی۔ صرف 2021 کی پہلی ششماہی میں چین میں مجموعی طور پر 4751 کمپنیاں سائبر سیکورٹی کے کاروبار میں مصروف تھیں جو گزشتہ سال کی اسی مدت کے مقابلے میں 23.1 فیصد زیادہ ہے۔

یہ بات قابل ذکر ہے کہ رپورٹ کا سب سے اہم حصہ “سی سی آئی اے ٹاپ 50” جاری کیا گیا جس کا مقصد سائبر سکیورٹی انڈسٹری میں اہل حکام، سرمایہ کاری اداروں، صارفین، کاروباری اداروں اور پریکٹیشنرز کو ٹاپ 50 مسابقتی نیٹ ورک سکیورٹی انٹرپرائزز کی ترقیاتی حیثیت اور صنعتی ڈھانچے کا عالمی جائزہ فراہم کرنا ہے۔ اور متعلقہ پالیسی سازی، سرمایہ کاری کے فیصلہ سازی، پروجیکٹ کی خریداری، اسٹریٹیجک پلاننگ اور صنعت اور مارکیٹ کی سمجھ بوجھ کے لئے مضبوط حوالے کے ساتھ کثیر جہتی معلومات فراہم کریں۔

کیو آئی- اے این ایکس آئی این، سی سی آئی اے ٹاپ 50 کی فہرست میں پہلے نمبر پر

اپنی معروف ٹیکنالوجی اور شاندار مارکیٹ کارکردگی کے ساتھ کیو آئی-اے این ایکس آئی این “سی سی آئی اے ٹاپ 50” میں پہلے نمبر پرموجود ہے اوریہ سائبر سیکورٹی انڈسٹری میں تسلیم شدہ ہے ۔2021  کی سی سی آئی اے ٹاپ 50 کمپنیوں کا انتخاب بنیادی طور پر کاروباری اداروں کی جامع صلاحیت کو دو جہتوں سے پیمائش کرکے کیا جاتا ہے: “وسائل کی طاقت” اور “مسابقت”۔ “وسائل کی طاقت” کے انڈٰکیٹرز یہ ہیں: چاہے کوئی کمپنی عوامی طور پر درج ہو، کمپنی کی کل آپریٹنگ آمدنی، مارکیٹ ویلیو، ایچ آر اسکیل اور معیار کی تشخیص کی گئی ہو۔ “مسابقت” کے انڈٰکیٹرز یہ ہیں: برانڈ اثر، سیکورٹی کاروباری آمدنی اور مجموعی منافع، سیکورٹی کاروباری شرح نمو، خالص منافع کی شرح، ریوینیو کمپوزیشن، اسٹاف کمپوزیشن، سروس سے متعلق اہلیتوں کی مقدار اور سطح، مصنوعات سے متعلق اہلیت کی مقدار اور سطح، آر اینڈ  ڈی سرمایہ کاری اور کل کاروباری آمدنی میں اس کا تناسب وغیرہ۔

2020 میں چین کی سائبر سیکورٹی صنعت میں بڑے کاروباری اداروں کے مارکیٹ شیئر کے مطابق کیو آئی- اے این ایکس آئی این 4.16 ارب آر ایم بی کی سکیورٹی بزنس آمدنی کے ساتھ صنعت میں پہلے نمبر پر ہے۔ اپنی “مضبوط آر ڈی” حکمت عملی پر عمل کرتے ہوئے کیو آئی-اے این ایکس آئی این نے ایک مضبوط پروڈکٹ میٹرکس، آٹھ سائبر سیکورٹی آراینڈ ڈی پلیٹ فارمز تعمیر کیے ہیں اور نئی نسل کے سائبر سیکورٹی لیڈر کے طور پر تیار کیا ہے۔

ماخذ: چائنا سائبر سیکیورٹی انڈسٹری الائنس (سی سی آئی اے)

تصویر منسلک کرنے کے لنکس:

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Industry Leaders QI-ANXIN, Huawei and Tencent Included in the Latest List of CCIA Top 50

BEIJING, June 26, 2021 /Xinhua-AsiaNet/–On June 16, 2021, China Cybersecurity Industry Alliance (CCIA) released “2021 China Cyber Security Market Competitiveness Report”, and announced “2021 China’s Top 50 Competitive Enterprises in Cyber Security Industry” (CCIA Top 50), “2021 China’s Rising Stars in Cyber Security Industry” (CCIA Rising Stars), and “2021 China’s Most Promising Stars in Cyber Security Industry”. QI-ANXIN ranks first on the list of CCIA Top 50, and well-known enterprises such as Sangfor, Venustech, Huawei and Tencent are also on the list.

QI-ANXIN

CCIA releases key data of cyber security industry in 2020

In March, 2021, CCIA launched a public survey for domestic enterprises with sales revenue of cyber security products, services and solutions, and collected valid data from nearly 200 companies, which basically covered major domestic cyber security enterprises. According to the survey report, the scale of China’s cyber security market was about RMB 53.2 billion in 2020, with a year-on-year growth rate of 11.3%, showing slower growth due to the Covid-19 pandemic.

In 2021, with the promulgation and implementation of laws and regulations such as Data Security Law of the People’s Republic of China, Personal Information Protection Law and Regulations on Security Protection of Critical Information Infrastructure, the importance of cyber security has become increasingly prominent and the market scale will continue to expand. In the first half of 2021 alone, a total of 4,751 companies were engaging in cyber security business in China, an increase of 23.1% compared with the same period of last year.

It is worth noting that “CCIA Top 50”, the most important part of the report, was released, the purpose of which is to provide the competent authorities, investment institutions, users, enterprises and practitioners in the cyber security industry with a global overview of the development status and industrial structure of the Top 50 competitive network security enterprises, and offer multi-dimensional information with strong reference value for relevant policy making, investment decision-making, project procurement, strategic planning, and understanding of the industry and market.

QI-ANXIN ranks first on the list of CCIA Top 50

With its leading technology and outstanding market performance, QI-ANXIN stands at the first place in “CCIA Top 50” and is highly recognized in the cyber security industry. The 2021 CCIA Top 50 companies are selected mainly by measuring the comprehensive ability of enterprises from two dimensions: “resource strength” and “competitiveness”. The indicators of “resource strength” are: whether a company is publically listed, the company’s total operating income, appraised market value, HR scale and quality. The indicators of “competitiveness” are: brand influence, security business revenue and gross profit, security business growth rate, net profit rate, revenue composition, staff composition, the quantity and level of service-related qualifications, the quantity and level of product-related qualifications, R&D investment and its proportion in total business revenue, etc.

According to the market share of major enterprises in China’s cyber security industry in 2020, QI-ANXIN ranks first in the industry with security business revenue of RMB 4.16 billion. Adhering to its “Strong R&D” strategy, QI-ANXIN has built a strong product matrix, eight cyber security R&D platforms, and developed into a new-generation cyber security leader.

Source: China Cybersecurity Industry Alliance (CCIA)

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Synchronoss Technologies, Inc. Announces Pricing of $125 Million Public Offering of Senior Notes

BRIDGEWATER, N.J., June 25, 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the pricing of an underwritten public offering of $125 million aggregate principal amount of 8.375% senior notes due 2026, including the exercise in full by the underwriters of the underwriters’ option to purchase an additional $5 million aggregate principal amount of senior notes. The offering is expected to close on or about June 30, 2021, subject to satisfaction of customary closing conditions.

Synchronoss and the senior notes both received a rating of BB- from Egan-Jones Ratings Company, an independent, unaffiliated rating agency. The Company has applied to list the senior notes on the Nasdaq Global Select Market under the symbol “SNCRL” and expects the notes to begin trading within 30 business days of the closing date of the offering, if approved.

All of the senior notes in the offering are being sold by Synchronoss. Synchronoss anticipates using the net proceeds from the offering, and from the offering of common stock and sale of Series B Preferred Stock (each as described below), to fully redeem all outstanding shares of Synchronoss’ Series A Convertible Participating Perpetual Preferred Stock and repay amounts outstanding under Synchronoss’ revolving credit facility.

B. Riley Securities, Inc. (“BRS”) is acting as the sole book-running manager for the offering. Northland Capital Markets, Aegis Capital Corp. and EF Hutton, division of Benchmark Investments, LLC are acting as lead managers for the offering.

Concurrently with the offering, the Company is offering, by means of a separate prospectus supplement, $100 million of shares of its common stock. In addition, B. Riley Principal Investments, LLC (“BRPI”), an affiliate of BRS, has entered into an agreement pursuant to which BRPI has agreed to purchase $75.0 million of the Company’s Series B Preferred Stock in a private transaction to be completed concurrently with the closing of the offering.

The senior notes described above are being offered by Synchronoss pursuant to a shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission (SEC) and declared effective by the SEC on August 28, 2020. A preliminary prospectus supplement relating to and describing the terms of the offering is filed with the SEC and is available on the SEC’s web site at www.sec.gov. The final terms of the proposed offering will be disclosed in a final prospectus supplement to be filed with the SEC. Copies of the final prospectus supplement (when available) and accompanying prospectus relating to these securities may also be obtained by sending a request to: B. Riley Securities, Inc., at 1300 North 17th Street, Suite 1300, Arlington, VA 22209 or by calling (703) 312‐9580 or by emailing prospectuses@brileyfin.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Synchronoss

Synchronoss Technologies (NASDAQ: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding, and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including but not limited to statements regarding the closing of the public offering and the anticipated use of the proceeds thereof. These forward-looking statements are subject to a number of risks, including the satisfaction of customary closing conditions related to the public offering and the risk factors set forth from time to time in Synchronoss’ SEC filings, including but not limited to the risks that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections (as applicable) of Synchronoss’ Annual Report on Form 10-K for the year ended December 31, 2020 and Quarterly Report on Form 10-Q for the period ended March 31, 2021, which are on file with the SEC and available on the SEC’s website at www.sec.gov. In addition to the risks described above and in Synchronoss’ other filings with the SEC, other unknown or unpredictable factors also could affect Synchronoss’ results. No forward-looking statements can be guaranteed and actual results may differ materially from such statements. The information in this release is provided only as of the date of this release, and Synchronoss undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Media

Diane Rose
CCgroup
diane@ccgrouppr.com

Investors

Todd Kehrli/Joo-Hun Kim
MKR Investor Relations, Inc.
investor@synchronoss.com

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Synchronoss Technologies, Inc. Announces Pricing of $100 Million Public Offering of Common Stock

BRIDGEWATER, N.J., June 25, 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the pricing of an underwritten public offering of 38,461,538 shares of its common stock at a public offering price of $2.60 per share. The gross proceeds from the offering, before deducting underwriting discounts and commissions and offering expenses payable by Synchronoss, are expected to be $100 million. In addition, Synchronoss has granted the underwriters a 30-day option to purchase up to 3,846,154 additional shares of common stock at the public offering price, less the underwriting discounts and commissions.

All of the shares in the offering are being sold by Synchronoss. Synchronoss anticipates using the net proceeds from the offering, and from the offering of Senior Notes and sale of Series B Preferred Stock (each as described below), to fully redeem all outstanding shares of Synchronoss’ Series A Convertible Participating Perpetual Preferred Stock and repay amounts outstanding under Synchronoss’ revolving credit facility. The offering is expected to close on or about June 29, 2021, subject to satisfaction of customary closing conditions.

B. Riley Securities, Inc. (“BRS”) is acting as the lead underwriter and sole book-running manager for the offering. Northland Capital Markets is acting as co-manager for the offering.

Concurrently with the offering, the Company is offering, by means of a separate prospectus supplement, $120 million aggregate principal amount of senior notes due 2026 (the “Senior Notes”). In addition, B. Riley Principal Investments, LLC (“BRPI”), an affiliate of BRS, has entered into an agreement pursuant to which BRPI has agreed to purchase $75.0 million of the Company’s Series B Preferred Stock in a private transaction to be completed concurrently with the closing of the offering.

The shares of common stock described above are being offered by Synchronoss pursuant to a shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission (SEC) and declared effective by the SEC on August 28, 2020. A preliminary prospectus supplement relating to and describing the terms of the offering is filed with the SEC and is available on the SEC’s web site at www.sec.gov. The final terms of the offering will be disclosed in a final prospectus supplement to be filed with the SEC. Copies of the final prospectus supplement (when available) and accompanying prospectus relating to these securities may also be obtained by sending a request to: B. Riley Securities, Inc., at 1300 North 17th Street, Suite 1300, Arlington, VA 22209 or by calling (703) 312‐9580 or by emailing prospectuses@brileyfin.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Synchronoss

Synchronoss Technologies (NASDAQ: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding, and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including but not limited to statements regarding the closing of the public offering and the anticipated use of the proceeds thereof. These forward-looking statements are subject to a number of risks, including the satisfaction of customary closing conditions related to the public offering and the risk factors set forth from time to time in Synchronoss’ SEC filings, including but not limited to the risks that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections (as applicable) of Synchronoss’ Annual Report on Form 10-K for the year ended December 31, 2020 and Quarterly Report on Form 10-Q for the period ended March 31, 2021, which are on file with the SEC and available on the SEC’s website at www.sec.gov. In addition to the risks described above and in Synchronoss’ other filings with the SEC, other unknown or unpredictable factors also could affect Synchronoss’ results. No forward-looking statements can be guaranteed and actual results may differ materially from such statements. The information in this release is provided only as of the date of this release, and Synchronoss undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Media

Diane Rose
CCgroup
synchronoss@ccgrouppr.com

Investors

Todd Kehrli/Joo-Hun Kim
MKR Investor Relations, Inc.
investor@synchronoss.com

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Nyxoah Announces Launch of Proposed Public Offering in the United States

REGULATED INFORMATION
INSIDE INFORMATION

Nyxoah Announces Launch of Proposed Public Offering in the United States

Mont-Saint-Guibert, Belgium – June 25, 2021, 12:30 pm CET / 6:30 am ET – Nyxoah SA (Euronext Brussels: NYXH) (“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced that it is launching an underwritten registered public offering of 2,760,000 ordinary shares in the United States (the “Offering”) at an assumed public offering price of $31.461.

In connection with the Offering, Nyxoah intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the number of ordinary shares offered in the Offering on the same terms and conditions.

The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the size or terms of the Offering, including the price per ordinary share (in USD) and number of ordinary shares sold in the Offering.

Nyxoah’s ordinary shares are currently listed on Euronext Brussels under the symbol “NYXH”. An application has been made to list the ordinary shares on the NASDAQ Global Market under the same symbol.

Piper Sandler, Stifel and Cantor are acting as joint book-running managers for the Offering. Degroof Petercam is acting as a co-manager.

A registration statement on Form F-1 has been filed with the SEC but has not yet become effective. The ordinary shares may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification or publication of an offering prospectus under the securities laws of any such state or jurisdiction.

The Offering will be made only by means of a prospectus. A copy of the preliminary prospectus, when available, can be obtained from Piper Sandler & Co., Attention: Prospectus Department, 800 Nicollet Mall, J12S03, Minneapolis, Minnesota 55402, by e-mail at prospectus@psc.com, or by phone at (800) 747-3924; Stifel, Nicolaus & Company, Incorporated at Attention: Syndicate, One Montgomery Street, Suite 3700, San Francisco, CA 94104, by telephone at (415) 364-2720, or by email at syndprospectus@stifel.com; or Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 4th Floor, New York, New York 10022; email: prospectus@cantor.com.

Forward-Looking Statements
This press release includes certain disclosures that contain “forward-looking statements,” including, without limitation, statements regarding the terms of the Offering. Forward-looking statements are based on Nyxoah’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict and could cause actual results to differ. Forward-looking statements contained in this announcement are made as of this date, and Nyxoah undertakes no duty to update such information except as required under applicable law.

IMPORTANT INFORMATION
No public offering will be made and no one has taken any action that would, or is intended to, permit a public offering in any country or jurisdiction, other than the United States, where any such action is required, including in Belgium. Belgian investors, other than qualified investors within the meaning of the Belgian Act of 11 July 2018 on the public offering of securities and the admission of securities to be traded on a regulated market, will not be eligible to participate in the offering (whether in Belgium or elsewhere). The transaction to which this press release relates will only be available to, and will be engaged in only with, in member states of the European Economic Area, persons falling within the meaning of Article 2(e) of Regulation (EU) 2017/1129 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market (the “Prospectus Regulation”), and in the United Kingdom, investment professionals falling within article 19 (5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), persons falling within article 49 (2), (a) to (d) of the Order and other persons to whom it may lawfully be communicated. A prospectus will be prepared by Nyxoah in accordance with Article 3 of the Prospectus Regulation for the purpose of having the new shares that will be represented by ordinary shares admitted to trading on Euronext Brussels. In the context of the Offering and in accordance with Belgian law and the articles of association of Nyxoah, the board of directors of Nyxoah has approved a conditional capital increase with issuance of up to 4,600,000 ordinary shares within the framework of the authorized capital granted to the board of directors as set out in article 7 of the articles of association of Nyxoah.

Contacts:
Nyxoah
Fabian Suarez, Chief Financial Officer
fabian.suarez@nyxoah.com
+32 10 22 24 55

Gilmartin Group
Vivian Cervantes
IR@nyxoah.com

1 Equivalent to a public offering price of €26.50 per ordinary share, assuming an exchange rate of  €1.00 = $1.1872, the noon buying rate in The City of New York on June 18, 2021 set forth in the H.10 statistical release of the Federal Reserve Board on June 21, 2021.

Attachment

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Synchronoss Technologies, Inc. Announces Proposed $120 Million Public Offering of Senior Notes

BRIDGEWATER, N.J., June 24, 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced that the Company intends to offer and sell, subject to market and other conditions, $120 million aggregate principal amount of senior notes due 2026 in an underwritten public offering. Synchronoss also expects to grant the underwriters a 30-day option to purchase an additional $5 million aggregate principal amount of senior notes in connection with the offering. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Synchronoss and the senior notes both received a rating of BB- from Egan-Jones Ratings Company, an independent, unaffiliated rating agency.

All of the senior notes in the offering are to be sold by Synchronoss, with net proceeds of the offering, and of the anticipated offering of common stock and sale of Series B Preferred Stock (each as described below), expected to be used to fully redeem all outstanding shares of Synchronoss’ Series A Convertible Participating Perpetual Preferred Stock and repay amounts outstanding under Synchronoss’ revolving credit facility.

B. Riley Securities, Inc. (“BRS”) is acting as the sole book-running manager for the offering. Northland Capital Markets, Aegis Capital Corp. and EF Hutton, division of Benchmark Investments, LLC are acting as lead managers for the offering.

Concurrently with the offering, the Company anticipates offering, by means of a separate prospectus supplement, $100 million of shares of its common stock. In addition, B. Riley Principal Investments, LLC (“BRPI”), an affiliate of BRS, has entered into an agreement pursuant to which BRPI has agreed to purchase $75.0 million of the Company’s Series B Preferred Stock in a private transaction to be completed concurrently with the closing of the offering.

The senior notes described above are being offered by Synchronoss pursuant to a shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission (SEC) and declared effective by the SEC on August 28, 2020. A preliminary prospectus supplement relating to and describing the terms of the offering will be filed with the SEC and will be available on the SEC’s web site at www.sec.gov. The final terms of the proposed offering will be disclosed in a final prospectus supplement to be filed with the SEC. When available, copies of the preliminary prospectus supplement relating to these securities may also be obtained by sending a request to: B. Riley Securities, Inc., at 1300 North 17th Street, Suite 1300, Arlington, VA 22209 or by calling (703) 312‐9580 or by emailing prospectuses@brileyfin.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Synchronoss

Synchronoss Technologies (NASDAQ: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding, and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including but not limited to statements regarding the public offering and the anticipated use of the proceeds thereof. These forward-looking statements are subject to a number of risks, including the satisfaction of customary closing conditions related to the proposed public offering and the risk factors set forth from time to time in Synchronoss’ SEC filings, including but not limited to the risks that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections (as applicable) of Synchronoss’ Annual Report on Form 10-K for the year ended December 31, 2020 and Quarterly Report on Form 10-Q for the period ended March 31, 2021, which are on file with the SEC and available on the SEC’s website at www.sec.gov. In addition to the risks described above and in Synchronoss’ other filings with the SEC, other unknown or unpredictable factors also could affect Synchronoss’ results. No forward-looking statements can be guaranteed and actual results may differ materially from such statements. The information in this release is provided only as of the date of this release, and Synchronoss undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Media

Diane Rose
CCgroup
diane@ccgrouppr.com

Investors

Todd Kehrli/Joo-Hun Kim
MKR Investor Relations, Inc.
investor@synchronoss.com