Mondee Holdings, Inc. - Class A Common Stock (MOND)

AUSTIN, Texas, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (OTC: MOND) (“Mondee” or the “Company”), a leading travel marketplace and artificial intelligence (AI) technology company, today announced that it has entered into a restructuring support agreement which outlines a series of transactions that will strengthen the Company’s balance sheet and position it for long term success, including a term sheet to sell substantially all of the assets of the Company to a newly formed entity owned by, among others, affiliates of TCW Asset Management Company LLC and Wingspire Capital LLC (the “TCW Bid”). If the TCW Bid is the successful one, following the closing of the sale, Mr. Prasad Gundumogula will have a 75% equity stake in, and serve as CEO of, the newly formed entity.

AUSTIN, Texas, Dec. 01, 2024 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a leading travel marketplace and artificial intelligence (AI) technology company, announced today that the Company received a letter from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) issuing a Staff determination (the “Staff Determination”) on November 27, 2024 after the Company informed the Staff that it would not contest a delisting of its Common Stock.

AUSTIN, Texas, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a leading travel marketplace and artificial intelligence (AI) technology company, announced today that the Company received a notification letter from the Listing Qualifications Department of the NASDAQ Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of reports with the U.S. Securities and Exchange Commission. The November 20, 2024 letter was sent as a result of the Company’s delay in filing its Quarterly Report on Form 10-Q for the three month period ended September 30, 2024 (the “Form 10-Q”).

AUSTIN, Texas, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a leading travel marketplace and artificial intelligence (AI) technology company, announced today that it has cancelled the Company’s webcast on the third quarter 2024 financial results for the period ended September 30, 2024.

AUSTIN, Texas, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a leading travel marketplace and artificial intelligence (AI) technology company, announced today that it will hold its webcast on the third quarter 2024 financial results for the period ended September 30, 2024, on Monday, November 18, 2024, instead of Tuesday, November 12, 2024. A release shall accompany the webcast.

AUSTIN, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a leading travel marketplace and artificial intelligence (AI) technology company, announced today that it will hold its webcast on the third quarter 2024 financial results for the period ended September 30, 2024, on Tuesday, November 12, 2024, instead of Friday, November 8, 2024. A release shall accompany the webcast.

AUSTIN, Texas, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a leading travel marketplace and artificial intelligence (AI) technology company, announced today that it will hold its webcast on the third quarter 2024 financial results for the period ended September 30, 2024, on Friday, November 8, 2024. A release shall accompany the webcast.

- Term Loan Maturity Extended to June 30, 2028- Preferred Equity Put Option Extended to December 31, 2028- Unlocks at least $20M of combined, additional growth working capital

- Net Revenues of $58.3M, up 3% from prior-year quarter, on Gross Bookings of $678M- Adjusted EBITDA3 of $6.1M, up 38% from the prior-year quarter - Take Rate of 8.6%, up 20 basis points from the prior-year quarter- Refinancing of term loan and extension of preferred equity

AUSTIN, Texas, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a leading travel marketplace and artificial intelligence (AI) technology company, announced that it will hold its webcast on the second quarter 2024 financial results for the period ended June 30, 2024 and its anticipated new financing, on Wednesday, August 14, 2024. A release shall accompany the webcast.

AUSTIN, Texas, July 26, 2024 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a leading travel marketplace and artificial intelligence (AI) technology company, announced that it will report second quarter 2024 financial results for the period ended June 30, 2024, on Thursday, August 8, 2024 via an earnings release and accompanying webcast.

- Q1 24 Net Revenues of $58M, up 16% from prior-year quarter, on Gross Bookings of $708M- Q1 24 Adjusted EBITDA of $5.1M, up 27% from the prior-year quarter- Q1 24 Take Rate of 8.2%, up 10% from the prior-year quarter- Raises 2024 Net Revenues Guidance

AUSTIN, Texas, April 30, 2024 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a leading artificial intelligence (AI) travel technology company and marketplace with a portfolio of global platforms in the leisure and corporate travel sectors, announced that it will report first quarter 2024 financial results for the period ended March 31, 2024, on Friday, May 10, 2024 via an earnings release and accompanying webcast.

- Record Net Revenues and Adjusted EBITDA, exceeding guidance- Q4 23 Net Revenues of $61.1M, up 78% from prior-year quarter, on Gross Bookings of $619M- Q4 23 Adjusted EBITDA of $6.9M, up 338% from prior-year quarter- Q4 23 Take Rate of 9.9%, up 44% from prior-year quarter

AUSTIN, Texas, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a leading artificial intelligence (AI) travel technology company and marketplace with a portfolio of global platforms in the leisure and corporate travel sectors, announced that Executive Vice Chairman Orestes Fintiklis, Chief Operating Officer Jim Dullum, and SVP Jeff Houston will present and host one-on-one meetings at the following investor and industry conferences.

AUSTIN, Texas, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a leading artificial intelligence (AI) travel technology company and marketplace with a portfolio of global platforms in the leisure and corporate travel sectors, announced that it will report fourth quarter and full year 2023 financial results for the period ended December 31, 2023, on Thursday, March 14, 2024 via an earnings release and accompanying webcast.

AUSTIN, Texas, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a leading artificial intelligence (AI) travel technology company and marketplace with a portfolio of global platforms in the leisure and corporate travel sectors, announced that Executive Vice Chairman Orestes Fintiklis and SVP Jeff Houston will present and host one-on-one meetings at the 26th Annual Needham Growth Conference.

Five prominent investment banks now provide institutional research coverage on Mondee

NEW YORK, NY / ACCESSWIRE / December 5, 2023 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day December Small-Cap Conference taking place Wednesday and Thursday, December 6-7, 2023. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.

Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), the high-growth, travel technology company and marketplace with a portfolio of global platforms in the leisure and corporate travel sectors, has announced its acquisition of Purplegrids, a Silicon Valley based, cutting-edge AI company founded in 2017. This acquisition strengthens Mondee’s tech capabilities and showcases its commitment to vertically integrate AI across travel.

- Q3 23 Net Revenue of $54.5M, up 35% from prior-year quarter, on Gross Bookings of $597M- Q3 23 Adjusted EBITDA of 5.5M, up 54% from prior-year quarter - Q3 Take Rate of 9.1%, up 31% from prior-year quarter- Acquired leading AI-platform, Purplegrids, on November 13, 2023

AUSTIN, Texas, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), the high-growth, travel technology company and marketplace, with a portfolio of globally recognized platforms in the leisure and corporate travel sectors, today announced that it will report third quarter 2023 financial results for the period ended September 30, 2023, on Tuesday, November 14, 2023 via an earnings release and accompanying webcast.

AUSTIN, Texas, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), the high-growth, travel technology company and marketplace, with a portfolio of globally recognized platforms in the leisure and corporate travel sectors, today announced the increase of its existing Preferred Equity Financing by up to $15 million. Consequently, the Company’s Board of Directors has authorized a $10 million expansion of the Company’s on-going share repurchase program, bringing the total size of the common stock repurchase program authorized by the Board of Directors to up to $40 million. All other terms of the repurchase program remain unchanged.

Mondee Holdings Inc. (Nasdaq: MOND), the high-growth, travel technology company and marketplace with a portfolio of global platforms in the leisure and corporate travel sectors, announces a transformative rebranding as the company moves to connect with travelers and travel planners on a deeper, more authentic level. It’s a new look and new era for Mondee that reflects the company’s adventurous spirit and significant investment in technological innovations to offer unparalleled travel experiences.

Program Intended to Enhance Shareholder Value