tiprankstipranks
Paltalk Strengthens Board with Strategic Appointments
Company Announcements

Paltalk Strengthens Board with Strategic Appointments

Story Highlights

Invest with Confidence:

Paltalk ( (PALT) ) has shared an update.

Intelligent Protection Management Corp. has appointed Barry Sloane and Sidney Rabsatt to its board of directors, following its acquisition of Newtek Technology Solutions, Inc. This move, effective January 7, 2025, is part of IPM’s strategy to enhance its growth in the cybersecurity and cloud infrastructure sectors. Barry Sloane brings extensive experience from his leadership roles at NewtekOne, Inc., while Sidney Rabsatt contributes significant expertise in technology and artificial intelligence. Their appointments are intended to bolster IPM’s market position and drive future growth both organically and through acquisitions.

More about Paltalk

Intelligent Management Protection Corp. (IPM) is a managed technology solutions provider specializing in cybersecurity and cloud infrastructure. IPM offers services including dedicated server hosting, cloud hosting, data storage, managed security, and backup and disaster recovery, catering to enterprise and commercial clients across the United States.

YTD Price Performance: -1.95%

Average Trading Volume: 70,412

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $20.16M

See more data about PALT stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App