The latest update is out from Seeing Machines ( (GB:SEE) ).
Seeing Machines Limited announced the resignation of Michael Brown, a non-executive director since 2020, from its board. This change follows the reduction of Lombard Odier’s shareholding below 10% after Mitsubishi Electric Mobility Corporation joined the company’s share register. The board, now composed entirely of independent directors, will not appoint a new director at this time. The company acknowledges Brown’s contributions and continues to value the support of Lombard Odier, its second-largest shareholder, as it anticipates upcoming regulations to be pivotal in its growth trajectory.
More about Seeing Machines
Seeing Machines Limited, founded in 2000 and headquartered in Australia, is a leader in vision-based monitoring technology. The company designs AI-powered operator monitoring systems to enhance transport safety, focusing on Driver Monitoring Systems (DMS) technology. Their solutions serve the automotive, commercial fleet, off-road, and aviation industries globally, with offices in Australia, USA, Europe, and Asia.
YTD Price Performance: -49.67%
Average Trading Volume: 6,527,135
Technical Sentiment Signal: Buy
Current Market Cap: £105.9M
For a thorough assessment of SEE stock, go to TipRanks’ Stock Analysis page.