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Synchronoss Technologies Announces Receipt of Federal CARES Act Tax Refund
Synchronoss TechnologiesSynchronoss Technologies(US:SNCR) GlobeNewswire News Room·2025-07-24 12:00

Received Refund Amount of $30.2 Million with Additional $3.7 Million Expected by Labor Day 2025 75% of Received Proceeds Have Been Used to Pay Down Existing Term Loan at Par, Per Prior Agreement BRIDGEWATER, N.J., July 24, 2025 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, today announced the receipt of the expected tax refund from the 2020 CARES Act. The Internal Revenue Service has confirmed the ...