| Previous Close | 0.3800 |
| Open | 0.3900 |
| Bid | 0.3700 x 0 |
| Ask | 0.3800 x 0 |
| Day's Range | 0.3650 - 0.3900 |
| 52 Week Range | 0.0600 - 1.0000 |
| Volume | 210,363 |
| Avg. Volume | 572,964 |
| Market Cap | 29.832M |
| Beta (5Y Monthly) | 0.67 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.0480 |
| Earnings Date | May 13, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 2.50 |
- GlobeNewswire
ARHT Media Announces Two Month Extension of 2020 Series A Debentures
TORONTO, Oct. 23, 2020 (GLOBE NEWSWIRE) -- ARHT Media Inc. (“ARHT” or the “Company”) (TSXV:ART), announces that it intends to extend the maturity date of its 2020 Series A Debentures (the "Debentures") until December 30, 2020 (the "New Maturity Date"). The Debentures were issued at a price of $0.9175 for each $1 of principal amount subscribed for, representing a 12% discount to the Debentures' principal amount until maturity. The Debentures are redeemable at their principal amount for cash on the New Maturity Date. If, prior to the New Maturity Date, either (i) the Company completes a private placement financing that raises gross proceeds of no less than $4 million, or (ii) if a change of control of ARHT or a sale or disposition by ARHT of all or substantially all of its assets should occur, then the New Maturity Date will be accelerated to such earlier date. The Company issued the Debentures in January 2020 for total gross proceeds of $1.6 million, representing an aggregate of $1,744,000 principal amount of Debentures.The Debentures are secured by way of a general security agreement made in favour of a collateral agent acting as agent for all of the holders of the Debentures, granting a security interest in substantially all of ARHT's assets.Other than the amendment providing for the New Maturity Date (which is subject to receipt of the consent of holders of 66.66% of the principal amount of Debentures), the other terms of the Debentures remain unchanged.The expiry date of the common share purchase warrants issued in January 2020 in conjunction with the Debentures, has also been extended from October 31, 2020 to December 30, 2020 in accordance with TSX Venture Exchange policies.About ARHT Media ARHT Media’s patented holographic telepresence technology is a complete end-to-end solution that creates a sense of presence for audiences – as though the holographic presenter was actually live in the room. With no noticeable latency, ARHT Media makes two-way live communication with a 3D holographic presenter anywhere in the world possible. We can also playback pre-recorded content and 3D animations on our displays to deliver rich holographic experiences.Connect with ARHT Media Twitter: http://www.twitter.com/ARHTmedia Facebook: http://www.facebook.com/ARHTmediainc LinkedIn: http://www.linkedin.com/company/arht-media-inc-For more information, please visit http://www.arhtmedia.com or contact the investor relations group at info@arhtmedia.com.ARHT Media trades under the symbol “ART” on the Toronto Venture Stock Exchange.ARHT Media Press Contact Salman Amin samin@arhtmedia.comThis press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, disclosure related to the Company’s sales funnel; the Company’s technology; the potential uses for the Company’s technology; the future planned events using the Company’s technology; the future success of the Company; the ability of the Company to monetize the HumaGram™ technology; the development of the Company’s technology; and interest from parties in ARHT’s products. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
- GlobeNewswire
ARHT Media To Beam Holograms Of Celebrity Presenters To The First-Ever Virtual Green Carpet Fashion Awards On October 10
TORONTO, Oct. 09, 2020 (GLOBE NEWSWIRE) -- ARHT Media Inc. ("ARHT" or "the Company") (TSXV:ART), the global leader in the development, production and distribution of high-quality, low latency hologram and digital content, is pleased to have partnered with The Green Carpet Fashion Awards (GCFA) to help amplify the online awards show experience with holograms of celebrity presenters for their first-ever virtual awards ceremony that will be broadcasted globally on October 10, 2020. The GCFA film will be broadcasted by Sky in UK, Italy and Germany and online in the US and the rest of the world on the Fashion Channel on YouTube with a special edition presented by Robert Downey Jr, and in China by Tencent.The Green Carpet Fashion Awards (GCFAs) started in 2017 and is a collaboration between Camera Nazionale della Moda Italiana and Eco-Age, the consultancy company founded by Livia Firth. 2020 marks the fourth year of The Green Carpet Fashion Awards, Italia. The event celebrates the commitment of fashion houses to sustainability, as they work to embrace rapid change while preserving the heritage and authenticity of small-scale producers.This year due to the global pandemic it was not possible to hold an event in-person, so the GCFAs turned to the virtual space and sought out solutions to maintain the same glamorous, unique, and one-of-a-kind experience the awards are known for. The awards film is directed by Grammy-nominated Giorgio Testi and produced by Emmy Award-winner Pulse Films. Designed by NorthHouse, the show will bring a mix of cinematic footage and fuse augmented reality and visual special effects using real-time game engines with world-leading talent and industry formers appearing as holograms using ARHT Media’s technology.With the help of ARHT Media's Hologram Capture technology, which allows people to be recorded and seamlessly displayed within a virtual environment, the GCFAs will be able to have several celebrity presenters appear virtually as holograms that will be augmented onto the award stage at the La Scala theatre."The Green Carpet Fashion Awards focuses on bringing awareness to critical issues related to sustainability that ultimately affect the entire Fashion industry as a whole. I am incredibly pleased to be able to have our technology be involved in such a great endeavor," stated ARHT CEO Larry O'Reilly. "It's not easy for anyone to travel these days, and I know it was important for many of the celebrity presenters to be able to still appear at the Awards in a manner that compliments the premium nature of the event, and that's precisely what we will be able to deliver during the show when the presenters appear lifelike in full-form as holograms."About ARHT Media ARHT Media's patented HoloPresence technology is a complete end-to-end solution that creates a sense of presence for audiences – as though the holographic presenter was actually live in the room. With no noticeable latency, ARHT Media makes two-way live communication with a 3D holographic presenter anywhere in the world possible. We can also playback pre-recorded content and 3D animations on our HoloPresence displays to deliver rich holographic experiences. Add to this our capability to stream the same content online on our premium Virtual Global Stage™.Connect with ARHT Media Twitter: http://www.twitter.com/ARHTmedia Facebook: http://www.facebook.com/ARHTmediainc LinkedIn: http://www.linkedin.com/company/arht-media-inc-For more information, please visit www.arhtmedia.com or contact the investor relations group at info@arhtmedia.com.ARHT Media trades under the symbol "ART" on the Toronto Venture Stock Exchange and under the symbol “ARHTF” on the OTCQB Exchange.Press Contact Salman Amin ARHT Media samin@arhtmedia.comThis press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, disclosure related to the Company's sales funnel; the Company's technology; the potential uses for the Company's technology; the future planned events using the Company's technology; the future success of the Company; the ability of the Company to monetize the ARHT Media technology; the development of the Company's technology; and interest from parties in ARHT's products. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
- GlobeNewswire
ARHT Media Beams The Mind Architect Peter Crone From Los Angeles to Toronto to Share his Insights With YPO Maple Leaf Chapter
ARHT Media Beams The Mind Architect Peter Crone From Los Angeles to Toronto to Share his Insights With YPO Maple Leaf Chapter ARHT Media captured The Mind Architect Peter Crone in ARHT’s LA studio and presented him holographically for a live fireside talk with Juniper Park\TBWA CEO Jill Nykoliation at Hotel X in front of a physically distanced select audience of the YPO Maple Leaf chapter TORONTO, Oct. 08, 2020 (GLOBE NEWSWIRE) -- ARHT Media Inc. ("ARHT" or "the Company") (TSXV:ART), the global leader in the development, production and distribution of high-quality, low latency hologram and digital content, is pleased to announce that yesterday it captured The Mind Architect Peter Crone in ARHT’s LA studio and presented him holographically for a live fireside talk with Juniper Park\TBWA CEO Jill Nykoliation at Hotel X in front of a physically distanced select audience of the YPO Maple Leaf chapter (Young Presidents’ Organization). A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a3b8052e-61a5-4d5e-8ceb-218bec9d5789“As leaders, we cannot pause in these times, we must rise. We must keep growing and innovating,” said Jill Nykoliation, CEO Juniper Park\TBWA and YPO member.“We invited Peter Crone, ‘The Mind Architect’ to world-class athletes, entertainers, and C-suite executives, to speak with us. Peter helps people understand and shed the limiting beliefs and subconscious narratives that shape our behaviour, relationships, our health and performance,” continued Nykoliation.“Peter has a strong physical presence that yet-another-video-call doesn’t fully capture. We wanted him in the room, but of course the current reality makes that challenging. So we partnered with ARHT Media so Peter could join from Los Angeles to Toronto through hologram technology,” continued Nykoliation.“YPO is such a powerful organization and one that we have worked with on multiple occasions,” said ARHT CEO Larry O’Reilly, “they realize the incredible impact of creating a sense of being there that our live interactive HoloPresence technology is capable of providing, when the presenter is appearing remotely. Peter Crone positively impacts people’s lives, so what better way for him to connect with a group in Toronto from Los Angeles in a meaningful manner than with our platform.”About ARHT Media ARHT Media's patented HoloPresence technology is a complete end-to-end solution that creates a sense of presence for audiences – as though the holographic presenter was actually live in the room. With no noticeable latency, ARHT Media makes two-way live communication with a 3D holographic presenter anywhere in the world possible. We can also playback pre-recorded content and 3D animations on our HoloPresence displays to deliver rich holographic experiences. Add to this our capability to stream the same content online on our premium Virtual Global StageTM.Connect with ARHT Media Twitter: http://www.twitter.com/ARHTmedia Facebook: http://www.facebook.com/ARHTmediainc LinkedIn: http://www.linkedin.com/company/arht-media-inc-For more information, please visit www.arhtmedia.com or contact the investor relations group at info@arhtmedia.com.ARHT Media trades under the symbol "ART" on the Toronto Venture Stock Exchange.Press Contact Salman Amin ARHT Media samin@arhtmedia.comThis press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, disclosure related to the Company's sales funnel; the Company's technology; the potential uses for the Company's technology; the future planned events using the Company's technology; the future success of the Company; the ability of the Company to monetize the ARHT Media technology; the development of the Company's technology; and interest from parties in ARHT's products. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
