Tranche Update on Paltalk, Inc.'s Equity Buyback Plan announced on March 23, 2022.
March 23, 2023 at 05:01 pm EDT
Share
From October 1, 2022 to December 31, 2022, the company has repurchased 287,719 shares, representing 3.02% for $0.43 million. With this, the company has completed the repurchase of 604,808 shares, representing 6.27% for $1 million under the buyback announced on March 23, 2022.
Paltalk, Inc. is a communications software provider that powers multimedia social applications. Its products include Paltalk, Camfrog, ManyCam, Tinychat and Vumber. Paltalk and Camfrog are both available on Windows, Mac OS, iOS, Android and other tablet devices. Together, these products power a collection of video-based communities, with technology to host thousands of simultaneous live group conversations on topics such as politics, financial markets, music and dating, among others. ManyCam is a live streaming software and virtual camera that allows users to deliver professional live videos on streaming platforms, video conferencing apps and distance learning tools. Vumber is a telecommunications services provider that enables users to communicate privately by having multiple phone numbers with any area code through which calls can be forwarded to a user's existing telephone number. Tinychat is Web-based, enables adaptations of its video technology and does not require a download.
PALTALK, INC. 
