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Presto Automation Inc. (PRSTW)

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(-44.44%)

As of January 6 at 2:59:14 PM EST. Market Open.

Presto Automation completes sale of assets to Remus Capital-led consortium

The company announced a new entity which will operate under the name Presto Phoenix.

Verdict Food Service 14 days ago

PRSTW
-44.44%
Presto Automation Announces Sale of Assets to Consortium Led by Remus Capital

New business fully capitalized to expand Drive-Thru Voice AI leadershipSAN CARLOS, Calif., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Presto Automation (“PRST”), a leading provider of AI-driven solutions for the quick-service restaurant (QSR) industry, today announced the conclusion of its Article 9 sale process and the successful auction results from December 3, 2024 of the Presto Automation business. Remus Capital led a group of investors including Link Ventures and PRST’s prior lender, Metropolitan Pa

GlobeNewswire 15 days ago

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Presto Automation Announces Sale Process Backed by Significant Lender Financing

SAN CARLOS, Calif., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Presto Automation Inc. and Presto Automation LLC (together, “Presto” or the “Company”), one of the largest AI and automation technology providers to the restaurant industry, today announced an injection of significant operating capital from its senior secured lenders, led by Metropolitan Partners Group (“Metropolitan”). This capital will help support the Company and stabilize its ongoing operations during a sales process for the Company’s bu

GlobeNewswire 3 months ago

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Presto Automation puts itself up for sale

The tech firm, which was delisted from the Nasdaq earlier this year, does not anticipate changes to its operations as a result of a sale.

Restaurant Dive 3 months ago

PRSTW
-44.44%
Presto Automation delisted from Nasdaq

Presto’s Interim CEO predicted delisting will let the firm pursue a startup like capital strategy, as its operations shift to the development of new voice-AI.

Restaurant Dive 5 months ago

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-44.44%
UPDATE – Presto Pilots Drive-Thru Voice AI at Taco John’s

Mexican-inspired fast food restaurant collaborates with Presto and Qu to optimize its drive-thru operations, revenue, and guest experience Taco John’s Drive-Thru Presto Voice AI at Taco John’s drive-thru SAN CARLOS, Calif., June 03, 2024 (GLOBE NEWSWIRE) -- Presto Automation Inc. (“Presto” or the “Company”) (NASDAQ: PRST), one of the largest AI and automation technology providers to the restaurant industry, today announced that it has been collaborating with Taco John’s® and Qu to implement a Pr

GlobeNewswire 7 months ago

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Presto Pilots Drive-Thru Voice AI at Taco John’s

Mexican-inspired fast food restaurant collaborates with Presto and Qu to optimize its drive-thru operations, revenue, and guest experience Taco John’s Drive-Thru Presto Voice AI at Taco John’s drive-thru SAN CARLOS, Calif., June 03, 2024 (GLOBE NEWSWIRE) -- Presto Automation Inc. (“Presto” or the “Company”) (NASDAQ: PRST), one of the largest AI and automation technology providers to the restaurant industry, today announced that it has been collaborating with Taco John’s® and Qu to implement a Pr

GlobeNewswire 7 months ago

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Presto pilots Spanish Voice AI ordering feature for drive-throughs

The new technology has the flexibility to switch between English and Spanish as needed.

Verdict Food Service 7 months ago

PRSTW
-44.44%
Presto Automation Announces Fiscal Third Quarter 2024 Financial Results

Successful Pilots of Presto Voice™ with Pure AI and Spanish Language Capabilities Focuses on Voice AI Solution for Drive-Thrus By Exiting Touch Pay-at-Table Solution SAN CARLOS, Calif., May 21, 2024 (GLOBE NEWSWIRE) -- -- Presto Automation Inc. (NASDAQ: PRST), one of the largest drive-thru AI and automation technology providers to the restaurant industry, today announced financial results for the 2024 fiscal third quarter ended March 31, 2024. “We are encouraged by the significant progress we ar

GlobeNewswire 7 months ago

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Presto Announces Pilot of Spanish Voice AI for Drive-Thrus

Drive-Thru Voice AI Expands Language Capabilities to Better Serve Spanish-Speaking CustomersSAN CARLOS, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Presto Automation Inc. (“Presto” or the “Company”) (NASDAQ: PRST), one of the largest AI and automation technology providers to the restaurant industry, today announced the pilot program of its Presto Voice™ Spanish Voice AI ordering feature. Presto Voice’s new AI feature will allow drive-thru customers to easily place orders in Spanish with the ability

GlobeNewswire 7 months ago

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Presto to Report Fiscal Third Quarter 2024 Financial Results

SAN CARLOS, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Presto Automation Inc. (NASDAQ: PRST), one of the largest drive-thru AI and automation technology providers to the restaurant industry, today announced that the Company will release its fiscal third quarter 2024 financial results on Monday, May 20, 2024, after the financial markets close. Presto management will host a conference call at 5:00 p.m. Eastern Time on Wednesday, May 22, 2024, to discuss the financial results and other business highl

GlobeNewswire 8 months ago

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Presto introduces new Voice AI feature to streamline restaurant operations

The new tech will minimise the need for human intervention at early stages of the ordering process.

Verdict Food Service 8 months ago

PRSTW
-44.44%
Presto Introduces Presto Voice™ with Pure AI for Enhanced Automated Drive-Thru Ordering

New Pure AI feature provides drive-thru operators with a fully autonomous Voice AI ordering experience for customersSAN CARLOS, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Presto Automation Inc. (“Presto” or the “Company”) (NASDAQ: PRST), one of the largest AI and automation technology providers to the restaurant industry, today announced the launch of Presto Voice with Pure AI, a transformative feature that delivers enhanced Voice AI order taking for restaurants. Presto Voice with Pure AI introduc

GlobeNewswire 8 months ago

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Presto tests voice AI tech that doesn’t require human intervention

The company is “in the process of conducting a live test” of an autonomous version of its voice AI product, months after revealing humans intervene 70% of the time it’s used.

Restaurant Dive 8 months ago

PRSTW
-44.44%
3 Tech Stocks to Sell ASAP Before They Collapse

Tech stock investors have seen tremendous volatility over the past few years. While many stocks have soared, not al have. Thus, it is always a good idea to keep in mind which companies are worth adding to, and which are tech stocks to sell. If you look at broader indexes, that may not seem true. However, if you exclude the big cap names, it becomes very obvious that most companies in the tech sector are still finding it hard to appease Wall Street’s appetite for growth. The Russell 2000 Index, w

InvestorPlace 8 months ago

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VUZI

PRSTW
-44.44%
Presto Automation Announces Pricing of $1.2M Registered Direct Offering Priced above Nasdaq Minimum Price

SAN CARLOS, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Presto Automation, Inc. (“Presto” or the “Company”) (NASDAQ: PRST), one of the largest AI and automation technology providers to the restaurant industry, announced today that it has entered into a securities purchase agreement with institutional investors, providing for the purchase and sale of 4,800,000 shares of common stock in a registered direct offering, at a price per share of $0.25, which is above the Nasdaq Minimum Price. The offerin

GlobeNewswire 10 months ago

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Presto Automation is risking its business on drive-thru voice AI

The tech firm wants to spin off its tablet payment business, which generates roughly 90% of its revenue and is losing major clients, to focus on its fledgling drive-thru voice automation tool.

Restaurant Dive 10 months ago

PRSTW
-44.44%
3 Penny Stocks Projected to Have Massive Gains in 2024 (and Beyond)

The light market cap weight of penny stocks makes them attractive for investors looking for sharp, accelerated gains in a short-time frame. Penny stocks are inherently volatile with a high likelihood of going down just as easily. Yet, such a cheap exposure is still attractive if fundamentals are present. Investors have already placed their hooks, as the U.S. Small Cap 2000 Index outperformed S&P 500 at 7.5% vs 3.7%, respectively, over the last 30 days. Let’s delve into three penny stocks with co

InvestorPlace 10 months ago

PRSTW
-44.44%
RGTI
Presto Automation cancels Fiscal Second Quarter 2024 earnings call

SAN CARLOS, Calif., March 05, 2024 (GLOBE NEWSWIRE) -- Presto Automation Inc. (NASDAQ: PRST), announces that it is canceling its earnings call previously scheduled for 5 pm ET today. The company’s Form 10-Q for the quarter ended December 31, 2024 was filed on February 21, 2024 and the company will communicate business updates and other developments to the market when appropriate. About Presto Automation Inc. Presto (NASDAQ: PRST) provides enterprise-grade AI and automation solutions to the resta

GlobeNewswire 10 months ago

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PRSTW
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Presto to Report Fiscal Second Quarter 2024 Financial Results

SAN CARLOS, Calif., March 01, 2024 (GLOBE NEWSWIRE) -- Presto Automation Inc. (Nasdaq:PRST) (“Presto” or the “Company”), one of the largest drive-thru automation technology providers in the hospitality industry, today announced that the Company will release its fiscal second quarter 2024 financial results on Tuesday, March 05, 2024. Presto management will host a conference call at 5:00 p.m. Eastern Time on that day to discuss the financial results and other business highlights. Presto Automation

GlobeNewswire 10 months ago

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Presto Automation Inc. (PRSTW)

Presto Automation completes sale of assets to Remus Capital-led consortium

Presto Automation Announces Sale of Assets to Consortium Led by Remus Capital

Presto Automation Announces Sale Process Backed by Significant Lender Financing

Presto Automation puts itself up for sale

Presto Automation delisted from Nasdaq

UPDATE – Presto Pilots Drive-Thru Voice AI at Taco John’s

Presto Pilots Drive-Thru Voice AI at Taco John’s

Presto pilots Spanish Voice AI ordering feature for drive-throughs

Presto Automation Announces Fiscal Third Quarter 2024 Financial Results

Presto Announces Pilot of Spanish Voice AI for Drive-Thrus

Presto to Report Fiscal Third Quarter 2024 Financial Results

Presto introduces new Voice AI feature to streamline restaurant operations

Presto Introduces Presto Voice™ with Pure AI for Enhanced Automated Drive-Thru Ordering

Presto tests voice AI tech that doesn’t require human intervention

3 Tech Stocks to Sell ASAP Before They Collapse

Presto Automation Announces Pricing of $1.2M Registered Direct Offering Priced above Nasdaq Minimum Price

Presto Automation is risking its business on drive-thru voice AI

3 Penny Stocks Projected to Have Massive Gains in 2024 (and Beyond)

Presto Automation cancels Fiscal Second Quarter 2024 earnings call

Presto to Report Fiscal Second Quarter 2024 Financial Results