Latest news with #Overwatch
Yahoo
3 days ago
- Business
- Yahoo
High Wire Networks Announces Reverse Stock Split
BATAVIA, Ill., May 30, 2025 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a global provider of managed cybersecurity services, today announced that its board of directors has determined to effect a one-for-250 reverse stock split of the Company's common stock, par value $0.0001 per share (the 'Common Stock'). Mark Porter, High Wire Networks CEO commented, 'This is an important and essential step in our ongoing efforts to become listed on a major exchange. Inclusive of increasing our stock price, it also better positions the Company to meet several requirements as set out by Nasdaq, while more closely reflecting the true value of our stock to the market. We look forward to continuing the pursuit to list on the Nasdaq and to providing updates to shareholders on our progress.' The reverse stock split will take effect at market open on Monday June, 2, 2025 on the OTCQB market. The CUSIP number of 42981W203 will be assigned to the Company's Common Stock when the reverse stock split becomes effective. When the reverse stock split becomes effective, every 250 of the Company's issued shares of Common Stock will be combined into one issued share of Common Stock, without any change to the par value per share. This will reduce the number of outstanding shares of Common Stock from approximately 251,151,117 million shares to approximately 1,004,604 million shares. No fractional shares will be issued in connection with the reverse stock split. Stockholders who would otherwise hold a fraction of a share of Common Stock of the Company will automatically be entitled to receive an additional fraction of a share of Common Stock to round up to the next whole share. The reverse stock split ratio approved by the board of directors is within the previously disclosed range of ratios for a reverse stock split disclosed in the Company's Information Statement filed on February 10, 2025. About High Wire NetworksHigh Wire Networks, Inc. (OTCQB: HWNI) is a fast-growing, award-winning global provider of managed cybersecurity. Through over 200 channel partners, it delivers trusted managed services for more than 1,100 managed security customers worldwide. End customers include Fortune 500 companies and many of the nation's largest government agencies. The company's Overwatch by High Wire Networks™ platform offers a range of subscription services for threat prevention, detection, and response, meeting the security and compliance requirements of organizations large and small. The company's IT enablement services provide the foundation for growing its higher-margin Overwatch business. High Wire was recently ranked by Frost & Sullivan as a Top 12 Managed Security Service Provider in the Americas. It was also named to CRN's MSP 500 and Elite 150 lists of the nation's top IT managed service providers. Learn more at Follow the company on X, view its extensive video series on YouTube or connect on LinkedIn. Forward-Looking StatementsThe above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as 'anticipate,' 'appear,' 'believe,' 'could,' 'estimate,' 'expect,' 'hope,' 'indicate,' 'intend,' 'likely,' 'may,' 'might,' 'plan,' 'potential,' 'project,' 'seek,' 'should,' 'will,' 'would,' and other variations or negative expressions of these terms, including statements related to expected market trends and the Company's performance, are all 'forward- looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based except as required by applicable law and regulations. Company ContactMark Porter, CEOHigh Wire NetworksTel +1 (952) 974-4000 Media RelationsLori AlemanDirector of MarketingHigh Wire NetworksO: 630-635-8477 | C: 602-920-0902Email:
Yahoo
3 days ago
- Business
- Yahoo
High Wire Networks Announces Reverse Stock Split
BATAVIA, Ill., May 30, 2025 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a global provider of managed cybersecurity services, today announced that its board of directors has determined to effect a one-for-250 reverse stock split of the Company's common stock, par value $0.0001 per share (the 'Common Stock'). Mark Porter, High Wire Networks CEO commented, 'This is an important and essential step in our ongoing efforts to become listed on a major exchange. Inclusive of increasing our stock price, it also better positions the Company to meet several requirements as set out by Nasdaq, while more closely reflecting the true value of our stock to the market. We look forward to continuing the pursuit to list on the Nasdaq and to providing updates to shareholders on our progress.' The reverse stock split will take effect at market open on Monday June, 2, 2025 on the OTCQB market. The CUSIP number of 42981W203 will be assigned to the Company's Common Stock when the reverse stock split becomes effective. When the reverse stock split becomes effective, every 250 of the Company's issued shares of Common Stock will be combined into one issued share of Common Stock, without any change to the par value per share. This will reduce the number of outstanding shares of Common Stock from approximately 251,151,117 million shares to approximately 1,004,604 million shares. No fractional shares will be issued in connection with the reverse stock split. Stockholders who would otherwise hold a fraction of a share of Common Stock of the Company will automatically be entitled to receive an additional fraction of a share of Common Stock to round up to the next whole share. The reverse stock split ratio approved by the board of directors is within the previously disclosed range of ratios for a reverse stock split disclosed in the Company's Information Statement filed on February 10, 2025. About High Wire NetworksHigh Wire Networks, Inc. (OTCQB: HWNI) is a fast-growing, award-winning global provider of managed cybersecurity. Through over 200 channel partners, it delivers trusted managed services for more than 1,100 managed security customers worldwide. End customers include Fortune 500 companies and many of the nation's largest government agencies. The company's Overwatch by High Wire Networks™ platform offers a range of subscription services for threat prevention, detection, and response, meeting the security and compliance requirements of organizations large and small. The company's IT enablement services provide the foundation for growing its higher-margin Overwatch business. High Wire was recently ranked by Frost & Sullivan as a Top 12 Managed Security Service Provider in the Americas. It was also named to CRN's MSP 500 and Elite 150 lists of the nation's top IT managed service providers. Learn more at Follow the company on X, view its extensive video series on YouTube or connect on LinkedIn. Forward-Looking StatementsThe above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as 'anticipate,' 'appear,' 'believe,' 'could,' 'estimate,' 'expect,' 'hope,' 'indicate,' 'intend,' 'likely,' 'may,' 'might,' 'plan,' 'potential,' 'project,' 'seek,' 'should,' 'will,' 'would,' and other variations or negative expressions of these terms, including statements related to expected market trends and the Company's performance, are all 'forward- looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based except as required by applicable law and regulations. Company ContactMark Porter, CEOHigh Wire NetworksTel +1 (952) 974-4000 Media RelationsLori AlemanDirector of MarketingHigh Wire NetworksO: 630-635-8477 | C: 602-920-0902Email: in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Engadget
3 days ago
- Entertainment
- Engadget
ZeniMax QA workers win tentative union contract with Microsoft
After two years of negotiating, ZeniMax Workers United-CWA, the union representing quality assurance workers at ZeniMax Media, has reached a tentative union contract with Microsoft, according to the Communication Workers of America. The union originally formed in 2023 and was immediately recognized by Microsoft, which made its commitment to stay neutral towards union organizing at ZeniMax official in 2024. The new contract will cover over 300 ZeniMax employees and includes "substantial across-the-board wage increases as well as new minimum salaries for workers," the CWA says. The contract also includes language protecting workers from the impacts of AI and "a crediting policy that clearly acknowledges the QA workers' contributions to the video games they help create." "Video games have been the revenue titan of the entire entertainment industry for years, and the workers who develop these games are too often exploited for their passion and creativity," Jessee Leese, a QA tester and ZeniMax Workers United-CWA bargaining committee member shared in the CWA announcement. "Our first contract is an invitation for video game professionals everywhere to take action. We're the ones who make these games, and we'll be the ones to set new standards for fair treatment." The new contract is considered "tentative" until union members ratify it, but because existing contracts often act as a reference in ongoing negotiations, the agreements ZeniMax workers secured will likely serve as a standard for other unions going forward. ZeniMax QA testers aren't the only video game union at Microsoft — QA workers at Raven Software, QA workers at Activision, workers at ZeniMax Online Studios and the development team behind Overwatch are all still in active negotiations with the company. Outside of Microsoft, the CWA also announced the United Game Workers-CWA union at this year's GDC, as a another option for representation. United Game Workers-CWA is a direct-join union, a labor organization that all workers in an industry can participate in without needing legal recognition from an employer. The idea is that currently employed workers, anyone who's been laid off and freelancers can all still wield power together, even without a potential contract hanging in the balance.
Yahoo
3 days ago
- Entertainment
- Yahoo
After Six Years, Overwatch 2 Finally Acknowledges Soldier: 76's Gay Ex-Boyfriend Again
Way back in 2019, Blizzard confirmed that Soldier: 76, Overwatch's grumpy grandpa, is a member of the queer community. The titular organization's ex-commander, whose real name is Jack Morrison, is gay and was involved with a man named Vincent many years before the events of the game. This was revealed in a short story called 'Bastet,' which focused on him and Ana, who were close comrades during the group's heyday. In the story, Morrison reflects on his old flame, and it sounds like the two split because Soldier was so dedicated to the group's cause that it put a strain on their relationship. But the game itself hasn't really acknowledged Soldier's long-lost love outside of a spray of the two giving each other the Christian Side Hug. That's finally changed in Overwatch 2's 16th season. Blizzard periodically adds new pre-match interactions between its heroes with the start of a new season and in the big mid-season patch, often spotlighting a handful of characters with each new wave, rather than adding something for all 40+ heroes at once. And with season 16, which started late last month, Soldier: 76 is one of the characters to benefit. The latest wave includes a conversation with Baptiste, who playfully asks if anyone has ever 'captured the heart' of the grizzled vigilante. Soldier doesn't mention Vincent by name, but does say there was someone, and laments that he hasn't seen him 'in a long time.' Baptiste apologizes for bringing up bad memories, but Soldier says that 'these days, that's all [he's] got.' Shot me right through the heart, Blizzard. Thanks for that. tiktok-7507005230454820138 It's been so long since we first learned that Vincent existed, some folks in the comments of videos featuring the conversation are assuming it's about Reaper, with whom fans have shipped Soldier: 76 for almost a decade. For several years, Overwatch 2's handling of queer themes existed in a weird place of plausible deniability. It came up in external media, but was rarely acknowledged in the game itself, to the point where you could push payloads without ever once having to consider that Tracer was a lesbian or Soldier was gay. In recent years, Blizzard has made a pretty concentrated effort to be more explicit about all the LGBTQ+ characters on its roster. 2023 was a real turning point for the game, starting with the release of Lifeweaver who was confirmed as a pansexual character at launch. In June, the game got its first Pride event, which confirmed a few more queer heroes, added Pride flag cosmetics, and updated the Midtown map to cover it in rainbows for a Pride parade. Venture, the shooter's first non-binary hero, was announced at Blizzcon that year and released in the latest news, Facebook, Twitter and Instagram.
Economic Times
25-05-2025
- Entertainment
- Economic Times
Overwatch 2 and Street Fighter Crossover Event: Release date and skins
Reuters An attendee plays Mario Kart World by Nintendo Switch 2 during the Nintendo Switch 2 Experience at the ExCeL London international exhibition and convention centre in London, Britain, April 11, 2025. REUTERS/Isabel Infantes Overwatch 2 will launch a crossover with Street Fighter on May 20, 2025. This update is part of the mid-season event for Season 16. Eight Overwatch heroes will receive Street Fighter-themed skins. The update was first revealed during Evo Japan, a major fighting game Overwatch 2 and Street Fighter crossover begins on Tuesday, May 20, 2025. It will be released alongside the Season 16 mid-season patch. Players will be able to access the new content on the same day. The update includes new skins for several heroes, inspired by characters from Street Fighter 6. Also Read: FBI: Most Wanted Season 6 Finale: Here's trailer, release date, time and where to watch Eight Overwatch 2 heroes will receive new crossover skins. These skins were shown in an animated trailer during Evo Japan 2025. Each Overwatch hero is matched with a Street Fighter character. The pairings are listed below:Hanzo will get a Ryu skin. Winston will appear as Blanka. Soldier 76 will wear a Guile-themed will take on M. Bison's new skin is based on skin will reflect will be dressed as will resemble Dhalsim. Also Read: The Devil's Plan Season 2 Part 3: When will finale release? Here's release date, time and where to watch The crossover trailer shows each hero with bold visual effects. These animations mirror Street Fighter's Drive Rush and Drive Impact mechanics. It is not yet confirmed whether these effects are included in the actual game. They may have been used just for the trailer. The developers wanted to reflect the style of Street Fighter. Associate Game Director Alec Dawson is also attending Evo Japan, showing the team's connection to the fighting game scene. When will the Overwatch 2 and Street Fighter crossover be released? The Overwatch 2 Street Fighter crossover will go live on Tuesday, May 20, 2025, during the mid-season update for Season 16. Which Overwatch 2 characters are part of the Street Fighter crossover? Eight heroes will get crossover skins, including Hanzo, Winston, Soldier 76, Sigma, Widowmaker, Kiriko, Juno and Zenyatta.
