Welcome to our dedicated page for Oblong news (Ticker: OBLG), a resource for investors and traders seeking the latest updates and insights on Oblong stock.
Oblong, Inc. (historical Nasdaq: OBLG), now operating under the corporate name TaoWeave, Inc., generates news that reflects its transition from a collaboration software provider into a digital asset treasury company focused on decentralized artificial intelligence. Business Wire releases and related SEC filings show that the company’s announcements cover both its treasury activities in the Bittensor TAO token ecosystem and its ongoing financial performance as a Nasdaq-listed issuer.
News items for OBLG include quarterly earnings reports, where the company discloses revenue, net loss, adjusted EBITDA loss, and commentary on its cash position and digital asset holdings. These releases often highlight the scale of its TAO treasury, staking operations in the Bittensor network, and management’s views on the role of decentralized AI and blockchain in its long-term strategy.
In addition to financial results, Oblong issues press releases about capital raises, such as the June 2025 private placement used to fund its initial TAO purchases, and subsequent updates on token acquisitions and staking. Other news covers strategic developments, including the formation of an advisory committee with experience in the Bittensor ecosystem, shareholder letters outlining the company’s pivot toward decentralized AI, and the corporate name and ticker symbol change to TaoWeave, Inc. and TWAV.
Investors and observers following OBLG-related news can use this stream of press releases and regulatory updates to track how the company describes its treasury strategy, its exposure to the Bittensor network, and its plans for software development and potential partnerships within decentralized AI. Because the OBLG symbol has been replaced by TWAV on Nasdaq, this news flow also provides historical context for the company’s evolution and its repositioning as a digital asset treasury business.
Oblong, Inc. (NASDAQ: OBLG) is set to present at the Benzinga All Access Conference on December 14, 2021, at 11:20 a.m. ET. CEO Peter Holst will update on the progress of Oblong's next-generation hybrid collaboration cloud offering. The presentation will highlight the growth of the hybrid workforce and Oblong's strategic positioning to leverage this emerging market opportunity.
For more details, visit the conference presentation here.
Oblong, Inc. (Nasdaq: OBLG) reported its Q3 2021 financial results, with total revenue of $1.8 million, down from $3.3 million in Q3 2020. The net loss was reduced to $0.7 million, improving from a loss of $2.2 million in the previous quarter. The company maintains a cash balance of $10.8 million and has no debt. Key developments include the forgiveness of a $2.4 million PPP loan and operational enhancements in preparation for hybrid work environments. Management emphasizes their focus on advancing multi-share cloud collaboration solutions amidst uncertain market conditions.
Oblong, Inc. (NASDAQ: OBLG) will announce its third-quarter results for the period ending September 30, 2021, on November 10, 2021, post-market close. The firm will host a conference call at 4:30 P.M. ET the same day to provide a business update alongside a slide presentation. Interested parties may join via U.S. and international dial-in numbers and a live webcast. A replay will be available two weeks after the call. Oblong develops innovative collaboration solutions, specifically the Mezzanine™ platform, which enhances communication for remote and in-room meetings.
Oblong, Inc. (Nasdaq: OBLG) announced that it will release its third-quarter results on November 10, 2021, after market close. A conference call is scheduled on the same day at 4:30 P.M. ET, with participation from CEO Peter Holst and CFO David Clark. Dial-in options include 1-888-394-8218 for U.S. callers and 1-856-344-9221 for international participants. The call will be accessible via a live webcast. A replay will be available for two weeks post-call. Oblong specializes in collaborative technology solutions, notably its product Mezzanine™.
Oblong, Inc. (NASDAQ: OBLG) announced its participation in the Dawson James Small Cap Growth Conference on October 21st, 2021, at 9:45 a.m. ET in Jupiter, Florida. CEO Peter Holst and CFO David Clark will discuss innovative multi-stream collaboration solutions and how Oblong is enhancing the future of work. Investors can access the live webcast on Oblong's website. Oblong’s flagship product, Mezzanine™, offers unique remote meeting technology for Fortune 500 clients, promoting effective communication and collaboration.
Oblong (Nasdaq: OBLG) reported Q2 2021 results with total revenue of $2.0 million, down from $2.8 million in Q2 2020. Product sales from the Mezzanine™ suite grew to $0.5 million compared to $0.4 million last year. The company recorded a net loss of $2.2 million, improved from $3.4 million the previous year. Oblong raised $11.5 million from equity financing and had a cash balance of $13.1 million with no debt. The company plans to focus on the development of hybrid workspace solutions amid ongoing demand for collaboration tools.
Oblong (Nasdaq: OBLG) appointed Matt Blumberg and Debby Meredith as independent directors, effective August 16, 2021. Blumberg will join the Audit and Nominating Committees, while Meredith will serve on the Compensation and Nominating Committees. Following these appointments, Oblong's board will consist of five directors, with four being independent. CEO Pete Holst emphasized their strategic expertise, which is expected to aid Oblong's growth and the commercialization of its cloud-based collaboration solutions.
Oblong, Inc. (Nasdaq: OBLG) announced it will release its second quarter results for the period ending June 30, 2021, on August 11, 2021, post market close. A conference call is scheduled for the same day at 4:30 P.M. ET, with participation from CEO Peter Holst and CFO David Clark. The call will be accessible via telephone and live webcast. A replay will be available for two weeks after the call. Oblong specializes in multi-stream collaboration solutions, with its flagship product, Mezzanine™, catering to Fortune 500 companies.
Oblong, Inc. (Nasdaq: OBLG) announced its Mezzanine product has been chosen by a leading entertainment company to enhance meeting spaces as 8,000 employees return to the office. CEO Pete Holst emphasized Mezzanine's role in transforming workspaces for better collaboration. The product is currently deployed in Los Angeles and Los Gatos, California. As workplaces evolve post-pandemic, demand for innovative collaboration tools rises, driven by factors such as varying vaccination rates and flexible work configurations. Oblong's technologies aim to support effective teamwork across diverse environments.
Oblong, Inc. (Nasdaq: OBLG) will present at the Access to Giving Virtual Conference on July 14, 2021, at 2 p.m. ET. The free conference allows companies to share their stories and meet with qualified investors, aimed at raising funds for charity. Oblong's Chairman and CEO, Pete Holst, will lead the presentation. Oblong specializes in innovative technologies for collaboration, including the Mezzanine™ remote meeting platform. Interested participants can register for the conference and schedule one-on-one meetings with Oblong management.