Welcome to our dedicated page for Digerati Technologies news (Ticker: DTGI), a resource for investors and traders seeking the latest updates and insights on Digerati Technologies stock.
Digerati Technologies, Inc. (DTGI) generates news across cloud communications, co-location infrastructure, corporate finance, and leadership developments. The company’s releases describe it as a holding company that provides UCaaS and cloud connectivity through Verve Cloud, Inc., and co-location and related technology infrastructure solutions through WaivCloud, Inc. News about Digerati often focuses on how these businesses serve small and medium-sized enterprises and other business customers.
Investors and followers of DTGI can find updates on financial results from its cloud-based hosted services, including discussions of revenue, margins, and non-GAAP measures such as Adjusted EBITDA and Adjusted EBITDA – OPCO. The company regularly comments on its focus on recurring monthly revenue, higher-margin customers, and the impact of streamlining operations and winding down legacy or unprofitable revenue streams.
Digerati’s news flow also covers strategic and corporate actions, such as refinancing transactions, debt-for-equity exchanges, and changes in its relationship with subsidiaries. For example, the company has reported a refinancing and debt conversion involving Verve Cloud, Inc. that resulted in the divestiture of its controlling interest in that subsidiary while retaining the nationwide co-location business under WaivCloud. Leadership changes, including the appointment of a new Chairman and Chief Executive Officer and the passing of its founder and former CEO, have also been detailed in recent announcements.
On the operating side, Digerati issues updates on partnerships, customer reach, and technology initiatives. These include Verve Cloud’s favored-nations agreement with conversational AI company Vida Global, Inc., market reach highlights across industries and states such as California, Texas, and Florida, and workplace recognition such as Great Place to Work Certification for Verve Cloud. For ongoing insight into how Digerati’s UCaaS, connectivity, and co-location activities evolve, readers can review the latest DTGI news items as they are released.
Digerati Technologies (OTCID: DTGI) acquired a 25% equity stake in In-Pursuit Investments, a Costa Rica-based developer/operator of green data centers and energy projects, effective Feb 26, 2026. In-Pursuit currently operates two production facilities and has two secured development sites in Costa Rica.
The partner targets 600 MW oversight by 2030 and offers AI-ready, modular campuses with on-site solar, BESS, PPAs, free-air and liquid cooling, and bitcoin-mining and high-density compute capabilities.
Digerati Technologies (OTCID: DTGI) announced that all of its $10.0 million of convertible notes were converted into equity at $0.03 per share on Feb. 18, 2026, leaving the company with no debt.
The majority of investors received restricted common shares subject to a three-year lockup and leakout. Management said the conversion supports a pivot toward growth via acquisitions, noting the company closed the Ricochet acquisition in November and has a pipeline of potential additional deals.
Digerati Technologies (OTCID: DTGI) announced it has closed its acquisition of Ricochet Global on November 24, 2025. Ricochet is a facilities and cloud-services provider for telecommunications operators with a regional focus on Africa, the Middle East, and the Persian Gulf and operates low-cost call center operations out of South Africa. Ricochet holds an international carrier license under section 214 of the FCC. The deal was paid in a mix of cash and restricted common stock. Management described Ricochet as a base platform for retail communications and future accretive acquisitions, with an intention to integrate operations and pursue organic and acquisition growth to improve operating and financial results.
Digerati Technologies (OTCID: DTGI) on October 22, 2025 appointed Robert DelVecchio as Chairman and CEO to emphasize recurring revenue growth and an accretive acquisition strategy.
The company highlighted WaivCloud, its co‑location data center subsidiary with east and west coast operations and long‑standing clients, and said a pipeline of potential acquisitions is under review. The announcement noted recent resignations of board members Craig Clement and Max Polinsky. Mr. DelVecchio previously led Assured Pharmacy to $20 million in annual revenue and a sale to a private equity firm.
Digerati Technologies (OTC PINK:DTGI) has announced significant corporate restructuring actions to strengthen its balance sheet. The company completed a refinancing and debt-for-equity exchange involving its former subsidiary, Verve Cloud, resulting in over $50 million in lender debt being converted into Verve Cloud equity.
As part of the transaction, Digerati divested its controlling interest in Verve Cloud, which represented approximately $29 million in annual revenue. The company retained Waiv Cloud, its nationwide co-location business, generating about $45,000 in monthly recurring revenue. Post Road Administrative agreed to terminate the Credit Agreement and cancel their warrant to purchase 25% of the company's shares.
Digerati Technologies (OTC: DTGI) announced the passing of its Founder and CEO Arthur L. Smith on February 16, 2025. The company, which provides cloud services specializing in UCaaS solutions for the SMB market, is implementing leadership continuity measures following this loss.
Board Chairman Craig K. Clement, who had worked with Smith since 1988, shared memories of their collaborative efforts in communications technologies, including work with GlobalSCAPE (NYSE: GSB) and satellite-based communications during telecom deregulation throughout Latin America.
The Board of Directors will temporarily assume CEO responsibilities while an interim CEO is identified and appointed. This ensures continuity in leadership and maintains the strategic vision established under Smith's guidance.
Digerati Technologies operates through its subsidiary Verve Cloud, Inc., providing cloud PBX, telephony, WAN, call center, and mobile solutions to small businesses. The company has developed an integration platform to fuel mergers and acquisitions in its fragmented market.
Digerati Technologies (OTCQB: DTGI) announced that its subsidiary, Verve Cloud, has entered into a favored-nations agreement with Vida Global, a conversational AI technology company. This collaboration aims to integrate Vida’s advanced AI technology into Verve’s UCaaS product suite, enhancing its value proposition for small to medium-sized businesses (SMBs). Vida’s AI digital agents can manage key business functions such as customer interactions, appointment scheduling, and lead qualification. The product, targeting Verve's existing and prospective customers, is designed for easy setup and operation, potentially increasing business efficiency and cost savings. This partnership underscores Digerati's commitment to delivering reliable and high-quality communication solutions.
Digerati Technologies (OTCQB: DTGI) reported its fiscal Q3 2024 earnings, revealing a 5% revenue decline to $7.43 million compared to the same period last year. Gross profit dropped 9% to $4.518 million, with a gross margin of 60.8%. Adjusted EBITDA - OPCO fell 22% to $0.784 million. Net loss attributable to shareholders increased 102% to $4.529 million, resulting in an EPS loss of ($0.03) per share. For the nine months ended April 30, 2024, revenue decreased 5% to $22.649 million, and net loss rose 74% to $12.17 million. Digerati's focus remains on expanding its customer base and recurring revenue.
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