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Minim Priced, Nasdaq: MINM

Provides Motorola branded routers and modems.

Industry: Technology

Latest Trade: $4.25 -0.40 (-8.6%)

First Day Return: +2.5%

Return from IPO: +15.7%

Industry: Technology

Minim is on a mission to make everyone’s connected home safe and easy to use for life and work. We have developed intelligent networking products and a WiFi as a Service platform that powers applications for businesses, service providers, and home users. Our products deliver experiences so simple, they’re automated. So secure, they’re trusted. So helpful, they’re loved. As a result of the Company’s strategic acquisition by merger of the software company Zoom Connectivity, Inc., formerly known as Minim Inc., which closed on December 4, 2020, we have become a software-driven smart home product company with a global license to the Motorola brand for home networking and security. Along with the vertical integration of great hardware and innovative software, the merger brought together multi-pronged go-to-market strategies and hardware and software talent under one umbrella. Our products can now be found in leading retailers across the US and in over 100 Internet Service Providers (“ISPs”) broadband offerings. In the first quarter of 2021, our Motorola modem and modem/router devices led the category in US Amazon sales. Our software is integrated with third-party hardware and two of our Motorola products to date. For the past three quarters, the Company has posted record revenue growth and margin expansion.
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IPO Data
IPO File Date 07/02/2021
Offer Price $4.02
Price Range n/a
Offer Shares (mm) 0.0
Deal Size ($mm) $0
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/07/2021
Offer Price $4.02
Price Range n/a
Offer Shares (mm) 0.0
Deal Size ($mm) $0
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
B. Riley Securities
Company Data
Headquarters Manchester, NH, United States
Founded 1977
Employees 73
Website www.minim.com

Minim (MINM) Performance