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He became the Chief Product Officer at Universal mCloud following the acquisition of NGRAIN (Canada) Corporation. mCloud is also working on improving profitability per MW by up to 30%. Now sitting at $0.40 CAD, the company’s stock remains well below the price target of $1.20 CAD given by Echelon Wealth Partners analyst in April. As Rich notes, Universal mCloud’s 52-week high was $0.62 in Canada, and the stock is currently trading at $0.37. Get MCLOUD TECHNOLOGIES CORPORATION (MCLDF) exclusive data and insights at your fingertips with intuitive visualizations. On the closing of the Transaction, Universal mCloud will have an aggregate of 40,046,375 common shares and 8,571,571 common share purchase warrants issued and outstanding. Universal mCloud Corp. has a market cap of CAD $37.798M with 92,189,598 shares issued. Using AI and analytics from some of the most advanced, demanding industries on the planet, the company is creating a more efficient future and tackling the world’s most challenging energy problems by curbing energy waste, maximizing power production and getting the most out of critical energy infrastructure. Upon completion, the Transaction will constitute a reverse take-over of Universal by mCloud, with the resulting company to be renamed “Universal mCloud Inc.” (the “Resulting Issuer”). Sven Batalla is the Vice President of Technical Development at Universal mCloud. Stock analysis for mCloud Technologies Corp (MCLD:Venture) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Through mCloud's AI-powered AssetCare platform, mCloud offers asset management solutions to three industries namely Foodservice, Oil and Gas, and Wind. That falls noticeably short of the market return of around 1.0%. The CUSIP number assigned to the company’s warrants expiring on March 19, 2021, is 582270120 (ISIN CA5822701200). for its Smart Buildings segment through mCloud’s flagship AssetCare™ platform. The company’s growth is unlimited, with more than 10 million connectable assets within mCloud’s reach. Headquartered in Vancouver, Canada, with technology and operations centers in San Francisco, CA and Bristol, PA, Universal mCloud Corp ( TSXV:MCLD) ( OTCQB:MCLDF) is the leading provider of AI-powered asset management solutions that combine IoT, cloud computing, artificial intelligence, and analytics. mCloud Technologies Corp is a Canadian based software company. Shares started on the OTCQB on May 18 under the ticker MCLDF. The pro-forma financial information presented below should be read in conjunction with the Company's consolidated financial statements and notes thereto for the year ended December 31, 2020, which are available on the Company's profile on SEDAR at www.sedar.com: mCloud Technologies Corp. (TSXV: MCLD) (OTCQB: MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, today announced it is offering its AssetCare™️ solutions for HVAC and indoor air quality ("IAQ") to small business customers of three major North American energy utility providers, two in the continental United States and one in Canada. Share your opinion and gain insight from other stock traders and investors. Unfortunately the Universal mCloud Corp. share price slid 18% over twelve months. Ole Sangill is the Vice President of Wind Technology at Universal mCloud. Leadership Team. MCLD | Complete mCloud Technologies Corp. stock news by MarketWatch. Despite completing seven strategic acquisitions and increasing its revenue, Universal mCloud’s share price has only increased by 33.33% or $0.10 CAD since the beginning of 2019. McMeekin brings over 20 years of leadership experience in the business sector to Universal mCloud, having previously provided financial and operational leadership to companies like SCi Energy and Progressive Gaming. mCloud Technologies Corp, formerly Universal mCloud Corp, is a Canada-based provider of asset management solutions combining Internet of things (IoT), cloud computing, artificial intelligence (AI) and analytics solutions. Get the latest stock price for mCloud Technologies Corp. (MCLD), plus the latest news, recent trades, charting, insider activity, and analyst ratings. Subscribe to Yahoo Finance Plus to view Fair Value for MCLDF. View real-time stock prices and stock quotes for a full financial overview. mCloud Technologies Corp. (TSX-V: MCLD) (OTCQB: MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, ") is pleased to announce that it intends to complete a non-brokered offering of up to 300,000 units of the Company (the "Units") at a price of $2.10 per Unit for gross proceeds of up to $630,000 (the "Offering"). Shares of mCloud powered 5.4% higher by midday Monday trading at C$0.39 and 3.3% higher on OTC markets at US$0.30. CEO Co Founder at mCloud Technologies Corp San Francisco Bay Area 500+ connections. Investing.com. Universal mCloud’s team includes the world’s foremost experts in AI, data science, smart buildings, wind engineering, and asset management to deliver solutions that solve the world’s biggest energy challenges. Barry Po brings over 15 years of experience to the Universal mCloud team, having worked with some of the world’s most recognized brands. Internet of Things and cloud solutions provider Universal mCloud Corp revealed it began trading on the OTCQB venture market in the USA and rose over C$5.5mln from a financing. Each Unit consists of one common share (a "Unit Share") and one common share purchase warrant of the Company (each common share purchase warrant, a "Warrant"). Through the use of AI and analytics, Universal mCloud reduces peak demand in buildings by up to 20%. Each Warrant will entitle the holder thereof to acquire one Common Share ("Warrant Share") at an exercise price of $2.85 per Warrant Share at any time prior to 5:00 p.m. (Mountain Standard Time) on April 15, 2024. Official city government site. ... At the current price of C$2.66, shares in mCloud Technologies are trading at 2.46% against their 200 day moving average. Subscribe & Get The LATEST Stock Pick Alerts, Subscribe & Get FREE MCLD:CA Email Alerts. Russ McMeekin is the Chief Executive Officer, President, and co-Founder of Universal mCloud. mCloud Technologies General Information Description. Costantino brings extensive industry experience that allows him to successfully apply the latest information technology into global industrial markets. Mcloud Technologies Corp. 689 likes. Universal mCloud recently announced its plan to, launch new industry-leading energy savings technology. This means that the company is definitely in or approaching the “buy” range of its stock price. In his previous role, Barry oversaw product management, marketing, and business development. This technology, which will use proprietary AI capabilities, is targeted to reduce wasted energy in commercial buildings by up to 20%. His specialties include cleantech, energy efficiency, energy management, venture fundraising, financial modeling, business planning and strategy, marketing, solar, smart grid, and venture capital. Copyright © 2021 | #170 - 422 Richards Street Vancouver, BC, Canada V6B 2Z4 | 1.800.340.9767, Copyright © 2021 | Terms of Use | Privacy Policy | DMCA | Disclaimer | Authors, #170 - 422 Richards Street Vancouver, BC, Canada V6B 2Z4 | 1.800.340.9767. He holds a Master of Science (M.Sc.) He is a software management professional that brings over 20 years of experience in managing multi-million dollar projects for Fortune 500 clients to the Universal mCloud team. Universal mCloud Corp. has received a solid BUY recommendation from Investing.com’s Daily Technical Analysis summary, with a whopping 12 Moving Average indicators suggesting “ BUY ” and 8 Technical Indicators indicating “ STRONG BUY ”. How volatile is . Analyst Report: Charles River Laboratories International, Inc. As of 3:30 pm EST, Universal mCloud’s share price was down 0.57% on the OTC to $0.30 USD and was unmoved on the TSXV. Yan Zhoa was added to Universal mCloud’s team as the President of Greater China to lead the company’s strategic initiatives in China and oversee the rollout of its blockchain technology, which is designed to enhance energy data architecture in highly regulated utility markets. We wouldn’t rush to judgement on Universal mCloud because we don’t have a long term history to look at. READ: Universal mCloud finalizes Fulcrum and Autopro acquisitions According to the US Department of Energy, approximately 30% of the energy consumed by commercial buildings goes to waste, equating to a loss of $57 billion USD in economic value every year. McLeod Racing is a one-stop source for all of your performance driveline products. Doug Garnhart is the Chief Financial Officer at Universal mCloud. If you experience any issues with this process, please contact us for further assistance. , approximately 30% of the energy consumed by commercial buildings goes to waste, equating to a loss of $57 billion USD in economic value every year. Find the latest MCLOUD TECHNOLOGIES CORPORATION (MCLDF) stock discussion in Yahoo Finance's forum. Company … Headquartered in Vancouver, Canada, with technology and operations centers in San Francisco, CA and Bristol, PA. ) is the leading provider of AI-powered asset management solutions that combine IoT, cloud computing, artificial intelligence, and analytics. READ - Universal mCloud brings in C$849,400 in first tranche of now upsized financing The company’s trade volume remained low on Monday following the news, and its share price dropped slightly. mCloud Technologies Corp. (TSXV: MCLD) (OTCQB: MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, wishes to provide the following financial update following the recent completion of its fully-subscribed overnight marketed offering for gross proceeds of $14,490,000, which is being provided for the purposes of satisfying certain NASDAQ listing requirements. Simply Wall St News. Universal mCloud Corp. (TSX-V: MCLD) has completed previously announced acquisition of 100% of NGRAIN (Canada) Corporation for up to $2.95 million in a cash-and-stock deal. He is a Silicon Valley financial executive who has held various prominent positions including director of finance at AT&T, vice-president of finance at Bersin Deloitte and chief financial officer for Right Hemisphere, INOVx Solutions, and Energy Knowledge Inc. Dave Weinerth is the President of Smart Buildings for Universal mCloud. Graham previously worked at NGRAIN for 15 years prior to mCloud acquiring the company, holding roles including director of product management and development, senior team lead of strategic projects, team lead of augmented reality, software development team lead, and applications software engineer. Citizen, business, and visitor information sections, plus city government information. Through mCloud's AI-powered AssetCare platform, mCloud offers asset management solutions to … mCloud is changing the way energy assets are managed, with over 100 blue chip customers and more than 28,000 assets in thousands of locations worldwide. What’s more, Universal mCloud’s technology will maximize the lifespan of energy infrastructure by helping maintainers get ahead of problems before they become too expensive to fix. © 2021 Verizon Media. All rights reserved. Currency in USD, Trade prices are not sourced from all markets. mCloud Technologies Corp is a Canadian based software company. Through the use of AI and analytics, Universal mCloud reduces peak demand in buildings by up to 20%. The company is also working to reduce the cost of wind energy, which can cost $48,000 USD just to produce 1 megawatt. >> Read More Tech News. “[The company has a] reasonably strong share … AssetCare™ will then be able to make decisions about how to best respond moment-to-moment to changing comfort conditions in a building, improving comfort while simultaneously curbing unnecessary energy use. Costantino Lanza is the co-Founder and Chief Growth Officer for Universal mCloud. In advance of a global launch, mCloud plans to invite select customers to be part of an early access program enabling the use of these features in Q2 2019. This technology, which will use proprietary AI capabilities, is targeted to reduce wasted energy in commercial buildings by up to 20%. The Driveline Company. His specialties include technology assessment, marketing strategy, masterplanning, business planning, refinery and petrochemical industries, entrepreneurial start-up, and rapid growth strategies. Dave brings a diverse background in the cleantech space to his role, having previously provided marketing and business development leadership for tech companies with energy management, renewables, and building performance solutions. Universal mCloud’s AssetCare™ clients include some of the world’s best-known brands like Bank of America, Starbucks, Dairy Queen, Telus, and Cinemark. 3 weeks ago ... is the Co-Founder of Universal mCloud Corp. Mr. McMeekin serves as the Chief Executive Officer and President of mCloud Technologies Corp. (formerly known as Univ... Show more. Discover new investment ideas by accessing unbiased, in-depth investment research, Other OTC - Other OTC Delayed Price. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. At mCloud Technologies Corp, we promise to treat your data with respect and will not share your information with any third party. mCloud Technologies's share price compared to the market and industry in the last 5 years? focused in Mechanical Engineering, and he specializes in international management and entrepreneurship, engineering, wind energy and wind turbine design, technology transfer, and project and product development. Universal mCloud recently announced its plan to launch new industry-leading energy savings technology for its Smart Buildings segment through mCloud’s flagship AssetCare™ platform. Graham Smith is the Vice President of Engineering at Universal mCloud. Through its AssetCare™ platform, mCloud connects assets in four segments including smart buildings, wind energy, power utilities, and oil and gas. Each Unit consists of one common share (a "Unit Share") and one common share purchase warrant of the Company (each common share purchase warrant, a "Warrant"). Using AI and analytics from some of the most advanced, demanding industries on the planet, the company … Each Unit consists of one common share (a "Unit Share") and one common share purchase warrant of the Company (each common share purchase warrant, a "Warrant"). ... Dow gains 100+ points as Intel shares spike. mCloud’s AI-powered solutions help businesses all over the world get the most out of their energy assets. Headquartered in Vancouver, Canada, with technology and operations centers in San Francisco, CA and Bristol, PA, Universal mCloud Corp (TSXV:MCLD) (OTCQB:MCLDF) is the leading provider of AI-powered asset management solutions that combine IoT, cloud computing, artificial intelligence, and analytics. The CUSIP number assigned to the company’s common shares is 582270104, while the CUSIP number assigned to the company’s warrants expiring on December 6, 2020, is 582270112 (ISIN CA5822701127). Join to Connect mCloud Technologies Corp. Sault College of Applied Arts and Technology. Todd Rossi is the EVP of Energy Management at Universal mCloud. mCloud Technologies Corp (MCLDF) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. These new AI features will analyze numerous data sources like space temperatures, outdoor weather, expected occupancy, and HVAC unit efficiency to continuously pinpoint where a commercial building’s energy is being wasted. Hydraulic Throw Out Bearings and Conversion Kits, aluminum, steel, nodular and chromoly flywheels, SFI Aluminum bellhousings and TREMEC Transmissions are just some of the performance driveline products we offer. 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