Benzinga | Jul 21, 2021 06:47AM EDT

Tim Huffmyer Resigns As Smith Micro Software CFO To Pursue Other Opportunity

* Smith Micro Software Inc (NASDAQ:SMSI) CFO Tim Huffmyer has informed the company of his intention to resign to pursue an opportunity with another company.

* Huffmyer is likely to continue his role as CFO over the next seven weeks while assisting the company with an orderly transition, including searching for his replacement.

* Smith Micro Software has commenced a formal search for a new CFO.

* Price action: SMSI shares closed higher by 3.85% at $5.66 on Tuesday.