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Brightcove ( (BCOV) ) has issued an update.
On February 4, 2025, Brightcove terminated its Loan and Security Agreement with Silicon Valley Bank, completing the payoff of all outstanding obligations. As part of a merger agreement, all shares of Brightcove’s common stock were canceled and converted into cash, leading to the delisting and deregistration of the company’s stock from Nasdaq. This transition also resulted in changes to the company’s board of directors and officers.
More about Brightcove
YTD Price Performance: 2.54%
Average Trading Volume: 638,922
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $201.6M
For an in-depth examination of BCOV stock, go to TipRanks’ Stock Analysis page.