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Smith Micro Software Approves Share Issuance Proposal

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Smith Micro Software Approves Share Issuance Proposal

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The latest update is out from Smith Micro Software ( (SMSI) ).

On October 16, 2025, Smith Micro Software, Inc. held a special meeting of stockholders where two proposals were voted on. The stockholders approved the issuance of shares under a Securities Purchase Agreement, which could exceed 20% of the company’s outstanding common stock, and also approved the potential adjournment of the meeting to solicit more proxies if needed.

The most recent analyst rating on (SMSI) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Smith Micro Software stock, see the SMSI Stock Forecast page.

Spark’s Take on SMSI Stock

According to Spark, TipRanks’ AI Analyst, SMSI is a Neutral.

Smith Micro Software’s overall stock score is primarily impacted by its poor financial performance, with significant losses and negative cash flow. While technical analysis shows some positive momentum, the valuation metrics are concerning due to the negative P/E ratio. The earnings call highlights strategic initiatives but also underscores ongoing financial challenges. Investors should be cautious given the company’s current financial state.

To see Spark’s full report on SMSI stock, click here.

More about Smith Micro Software

Smith Micro Software, Inc. operates in the software industry, focusing on developing and providing software solutions for wireless and mobility applications.

Average Trading Volume: 573,631

Technical Sentiment Signal: Strong Sell

Current Market Cap: $15.24M

See more insights into SMSI stock on TipRanks’ Stock Analysis page.

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