Paltalk Engages Roth Capital to Assist with Initiative of Mergers, Acquisitions
June 28, 2022 at 09:30 am EDT
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Paltalk, Inc. (NasdaqCM:PALT) engaged announced that its Board of Directors has approved the engagement of Roth Capital Partners, LLC (Roth) as the Company's financial advisor and investment banker to explore strategic initiatives focused on buy-side acquisitions.
Paltalk, Inc. is a communications software provider that powers multimedia social applications. Its products include Paltalk, Camfrog, ManyCam, Tinychat and Vumber. Paltalk and Camfrog are both available on Windows, Mac OS, iOS, Android and other tablet devices. Together, these products power a collection of video-based communities, with technology to host thousands of simultaneous live group conversations on topics such as politics, financial markets, music and dating, among others. ManyCam is a live streaming software and virtual camera that allows users to deliver professional live videos on streaming platforms, video conferencing apps and distance learning tools. Vumber is a telecommunications services provider that enables users to communicate privately by having multiple phone numbers with any area code through which calls can be forwarded to a user's existing telephone number. Tinychat is Web-based, enables adaptations of its video technology and does not require a download.