| Date | Title | | | May 29, 2018 | Nxt-ID Announces $16 Million Long-term Debt Refinancing| MELBOURNE, Florida, May 29, 2018 /PRNewswire/ --
Nxt-ID, Inc. (NASDAQ: NXTD) (the "Company") today announced the closing of a new $16 million senior secured term loan due 2023 (the "Term Loan") through Sagard Credit Partners LP ("SCP"). The Company will use the proceeds from the Term Loan to refinance its existing revolving loan facility and to pay for accrued interest and costs associated with the refinancing. In addition, the Term Loan proceeds will also provide ongoing working capital, fun... |
|  | | May 23, 2018 | NXT-ID Announces Issuance of US Patent for IoT Device Collaboration| New technology improves the security and operation of multiple IoT devices
MELBOURNE, Florida, May 23, 2018 /PRNewswire/ --
NXT-ID, Inc. (NASDAQ: NXTD) today announced that the United States Patent and Trademark Office has issued US Patent Number 9,979,724, entitled "Distributed Method and System to Improve Collaboration Services Across Multiple Devices." The patent introduces the concept of collaborative services across multiple devices that may be used to utilize a common data or algor... |
| | | May 14, 2018 | NXT-ID Inc. Schedules Investor Webcast to Discuss First-Quarter Results| MELBOURNE, Florida, May 14, 2018 /PRNewswire/ --
NXT-ID, Inc. (NASDAQ: NXTD) ("NXT-ID" or the "Company") announces its management team will host an investor webcast to discuss first-quarter results.
The webcast will commence Wednesday, May 16, 2018 pre-market at 9 AM EST.
The webcast format will feature an overview from key management including NXT-ID Chief Executive Officer Gino Pereira, NXT-ID Vice President & Chief Financial Officer Vincent Miceli, NXT-ID Chief Operating Officer ... |
| | | April 18, 2018 | SoundView Technology Group Update on NXT-ID, Inc.; Early 2018 Outlook| BOSTON, April 18, 2018 /PRNewswire/ --
SoundView Technology Group (http://soundview.co) releases the following company update for NXT-ID, Inc. (NASDAQ: NXTD).
NXT-ID (NXTD $1.97)
EARLY 2018 OUTLOOK
APRIL 18, 2018
Kris Tuttle, kris@soundview.co
Excerpt:
April 2018 Update
2017 was a busy year for Nxt-ID. Revenues tripled to $23.3M from $7.3M in 2016. It took some expensive financing to get it all done but now the company is in a much better position and has cleaned up the b... |
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