MiMedia Holdings Stock Price, News & Analysis

MiMedia Holdings (OTCQB:MIMDF) has announced the launch of its Consumer Cloud Platform in Arabic language, expanding its reach into the Middle East and North Africa (MENA) region. This strategic enhancement was implemented at the request of their smartphone device manufacturer (OEM) partners, who plan to ship devices to the MENA market in the coming months.

The company's cloud platform now supports multiple languages including Arabic, English, Spanish, French, German, Traditional Chinese, Japanese, and Hindi. CEO Chris Giordano emphasized the company's commitment to global accessibility and highlighted the growing demand for consumer cloud services, particularly with the rapid expansion of AI technology.

MiMedia Holdings (OTCQB: MIMDF) has successfully completed its first integration of its technology onto coolpad smartphones, following their partnership announcement three months ago. The initial shipment, consisting of tens of thousands of coolpad devices, will be distributed in the LATAM and Caribbean markets.

The company is actively working on integrating its technology into additional coolpad smartphone shipments in the coming months, with plans to expand into multiple global regions. CEO Chris Giordano highlighted the efficient collaboration between both teams and expressed optimism about the company's prospects for the remainder of 2025 and 2026.

MiMedia Holdings (OTCQB: MIMDF) has extended its investor relations services agreement with 1502656 B.C. Ltd. for an additional 12-month term. The extension, effective from August 1, 2025, includes a fee of US$700,000 for IR services.

The agreement encompasses investor relations strategy, capital markets presence enhancement, operational metrics development, and investor communication services. 1502656 B.C. Ltd., owned by Nathan Nowak, will not receive any company securities as compensation and has no direct or indirect interest in MiMedia's securities.

MiMedia Holdings (OTCQB: MIMDF) has announced a strategic partnership with ADG China to expand its consumer cloud platform distribution within the Asian smartphone OEM ecosystem. ADG China, established in 2001, has facilitated over 75 cross-border technology deals and helped companies integrate their solutions onto hundreds of millions of devices with major Chinese smartphone manufacturers including Vivo, Xiaomi, Oppo, Transsion, Honor, and others.

The partnership aims to accelerate MiMedia's expansion by leveraging ADG's 20+ years of experience and established network in China's mobile industry. ADG China believes the timing is opportune as OEMs seek solutions to generate recurring revenue streams, reduce churn, and differentiate their offerings while extending cloud services to their consumer base.

MiMedia Holdings Inc. (MIMDF) has announced it will settle its June 30th interest payment on its 10% Unsecured Convertible Debentures in Subordinate Voting Shares, subject to TSX Venture Exchange approval. The interest payment amounts to $50.00 per $1,000 principal amount of debentures, with a total aggregate interest payment of approximately $220,750. The number of shares to be issued will be calculated by dividing the interest payment by the Market Price of Subordinate Voting Shares on June 30, 2025. The record date for this interest payment is set for June 23, 2025.

MiMedia Holdings Inc. (MIMDF) has announced a non-brokered private placement offering of convertible debenture units to raise up to C$3,000,000, with potential to increase to C$4,000,000 through an Over-Allotment Option. Each C$1,000 Debenture Unit includes a convertible debenture and two types of share purchase warrants. The debentures will mature in 24 months, bearing 12.5% annual interest, and are convertible to shares at C$0.50 after 12 months. The warrants include 769 units at C$0.65 and 500 units at C$1.00 exercise prices. The company plans to use proceeds for working capital and general corporate purposes. Additionally, MiMedia announced the termination of its investor relations agreement with Dark Horse Capital, effective June 15, 2025.

MiMedia Holdings Inc. (TSXV: MIM) has signed a global Distribution Agreement with coolpad, a leading Chinese device manufacturer. Under the agreement, MiMedia will integrate its platform into up to 5 million coolpad mobile devices, including smartphones, over the next two years. Founded in 1993 and based in Shenzhen, coolpad specializes in creating affordable, family-centered mobile devices distributed through partnerships with major wireless carriers and retailers.

MiMedia Holdings Inc. (MIMDF) has appointed James ("Jim") Allan as a new director, effective immediately. Allan, currently a Managing Partner at Trinity Capital Partners, Ltd. in The Bahamas, replaces Cole Brodman, who served as director for two years. Allan brings extensive financial experience, including his previous role as Chairman at Roundtable Capital Partners Inc. and Vice President of Portfolio Management at a Toronto boutique asset management firm. He holds a CFA designation and an MBA from Rollins College.

CEO Chris Giordano expressed enthusiasm about Allan's appointment, highlighting his institutional investment and capital markets expertise as valuable assets for MiMedia's growth strategy.

MiMedia Holdings (OTCQB: MIMDF) has issued 249,426 warrants to a consultant as compensation for advisory services, as announced on April 23, 2025. Each warrant allows the purchase of one subordinate voting share at $0.51 per share, exercisable until March 31, 2030. The warrants are subject to a hold period ending August 3, 2025, in compliance with securities laws and TSX Venture Exchange policies.