09/21/22 4:10 PMNasdaq : VTAQ, VTAQU acquisitionPresto, One of the Largest Labor Automation Technology Providers for the Hospitality Industry, to Become Publicly Traded Following Business Combination with Ventoux CCM Acquisition Corp.Presto Automation Inc., one of the largest labor automation technology providers in the hospitality industry, today announced that it completed its previously announced business combination with Ventoux CCM Acquisition Corp., a publicly traded special purpose acquisition company, on September 21, 2022. The combined company will operate as Presto...RHEA-AIpositive
09/14/22 4:15 PMNasdaq : VTAQ, VTAQU acquisitionVentoux CCM Acquisition Corp. Stockholders Approve Proposed Business Combination with PrestoVentoux CCM Acquisition Corp., a publicly traded special purpose acquisition company, today announced that Ventoux’ s stockholders have approved its proposed merger with E La Carte, one of the largest labor automation technology providers in the hospitality industry, at a Special Meeting of its stockholders held on September 14, 2022.RHEA-AIneutral
07/26/22 8:00 AMNasdaq : VTAQ, VTAQU Ventoux CCM and Presto Automation Announce $100 Million Raise, Revised ValuationVentoux CCM Acquisition Corp. and Presto today announced revised merger deal terms resulting in a $60 million equity investment alongside approximately $40 million expected from other sources, including $13 million held in Ventoux’ s trust account assuming no redemptions, into their previously announced business combination which will result in...RHEA-AIneutral
07/19/22 9:00 AMNasdaq : VTAQ, VTAQU Restaurant Customer Survey: 70% of Drive-Thru Customers Want More Automation as Wait Times IncreaseOver the past two years, dine-in closures forced customers to switch to takeout, delivery, and drive-thru ordering. Despite widespread reopening, this trend away from dine-in is expected to grow further with only 25% of those surveyed more likely to use dine-in compared to last year. On the other hand, nearly half of the survey respondents are more likely to order...RHEA-AIneutral
04/20/22 9:00 AMNasdaq : VTAQ, BBQ, VTAQU partnershipFamous Dave's Partners With Presto to Deploy Next-Gen Pay-at-Table Technology, Boost Labor Productivity and Guest ExperiencePresto, a leader in the restaurant hospitality technology industry, has been selected by Famous Dave's, owned by BBQ Holdings, as the exclusive provider of its next generation pay-at-table solutions. Designed to provide a faster and more delightful guest experience, boost guest loyalty sign-ups and improve labor productivity, the Presto pay-at-table...RHEA-AIvery positive
03/02/22 9:25 AMNasdaq : VTAQ, VTAQU Evergreen Restaurant Group Selects Next-Gen Presto Server Assistant To Improve Labor ProductivityPresto, a leader in the restaurant hospitality technology industry, has been selected by Evergreen Restaurant Group, a Bloomin’ Brands franchisee with restaurants including Outback Steakhouse, Carrabba’ s Italian Grill and Bonefish Grill, to deploy its next-generation server assistant touch solution at its locations over the next few months.RHEA-AIpositive
01/10/22 8:00 AMNasdaq : VTAQ, VTAQU Checkers & Rally’s and Presto Announce Largest Ever Rollout of Drive-Thru A.I. Voice Assistant in the Hospitality IndustryPresto, a leader in the restaurant hospitality technology industry, has been selected by Checkers Drive-In Restaurants, Inc., the operator of Checkers& Rally’ s iconic drive-thrus, as the exclusive provider of automated voice ordering for all its corporate-owned drive-thru restaurants. The Presto systems are scheduled to be deployed across all...RHEA-AIvery positive
12/07/21 9:00 AMNasdaq : VTAQ, VTAQU partnershipPresto Partners With Ottonomy for Fully Autonomous Curbside and Parking Lot Food DeliveryPresto, a leading provider of restaurant labor productivity technologies, today announced a partnership with technology startup Ottonomy, allowing Presto customers to utilize autonomous delivery vehicles for contactless curbside and parking lot deliveries. Guests can order and pay using Presto’ s touch or voice products and receive food delivered via...RHEA-AIneutral
11/10/21 7:00 AMNasdaq : VTAQ acquisitionPresto, a Leading Provider of Restaurant Labor Productivity Technologies, to be Publicly Listed Through a Merger With Ventoux CCM Acquisition Corp (NASDAQ: VTAQ)Presto, a leading provider of restaurant labor productivity technologies, and Ventoux CCM Acquisition Corp., a publicly traded special purpose acquisition company, today announced that they have entered into a definitive merger agreement that will result in Presto becoming a publicly listed company. Upon closing, the Company will be renamed Presto...RHEA-AIneutral
