Ooma, Inc. (NYSE:OOMA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 30, 2017, James Wei notified the board of directors (the “Board”) of Ooma, Inc., a Delaware corporation (the “Company”), that he will not stand for re-election to the Board at the Company’s next annual meeting of stockholders to be held in June 2017 (the “Annual Meeting”). Mr. Wei will continue to serve as a director and as the lead non-management director of the Board until the Annual Meeting. His decision to resign was not the result of any disagreement with the Company on any matters relating to the Company’s operations, policies or practices.
About Ooma, Inc. (NYSE:OOMA)
Ooma, Inc. is a provider of communications solutions and other connected services to small business, home and mobile users. The Company’s hybrid software as a service (SaaS) platform consists of its cloud, on premise appliances, mobile applications and end-point devices. The Company’s communications solutions deliver its PureVoice high-definition (HD) voice quality and integration with mobile devices. Its platform helps create smart workplaces and homes by providing value-added communications and other connected services and by integrating end-point devices to enable the Internet of Things. Its platform and solutions provide communications, productivity, automation, monitoring, safety, security and networking infrastructure applications to its users. It product, Ooma Office, consists of an on premise appliance an Ooma Linx end-point device, which wirelessly connects regular desktop telephones to the user’s Internet connection. Its product, Ooma Telo, is a home communications solution. Ooma, Inc. (NYSE:OOMA) Recent Trading Information
Ooma, Inc. (NYSE:OOMA) closed its last trading session up +0.05 at 10.45 with 144,670 shares trading hands.