Wave Reports Q2 –15 Results
Note: Participant Dial-in Number Has Changed to 800-734-8507
Wave Systems Announces Receipt of NASDAQ Notice of Non-Compliance
LEE, MA — (Marketwired) — 08/12/15 — . (NASDAQ: WAVX) today announced that on August 11, 2015, the Company received notice from the NASDAQ Listings Qualifications Staff indicating that the Company no longer satisfies the minimum $35 million market value of listed securities requirement as required for continued listing on The NASDAQ Capital Market and set forth in NASDAQ Listing Rule 5550(b)(2) (the "Rule"). In accordance with the NASDAQ Listing Rules, the Company has been provided
Wave Systems to Hold Q2 2015 Conference Call Thursday, August 13, at 4:30 p.m. ET
LEE, MA — (Marketwired) — 08/04/15 — (NASDAQ: WAVX), an enterprise security software provider, announced today it will host a webcast/conference call to review its 2015 second quarter results on Thursday, August 13, at 4:30 p.m. ET.Wave–s results will be issued after the market closes that day.212 231 2902Wave Systems reduces the complexity, cost and uncertainty of data protection by starting inside the device. Unlike other vendors who try to secure information by adding layers of software
Wave Systems Initiates Major Corporate Restructuring to Substantially Reduce Operating Costs and Position Company to Pursue Strategic Alternatives
LEE, MA — (Marketwired) — 07/28/15 — Wave Systems Corp. (NASDAQ: WAVX), a developer of enterprise security software solutions, announced today that its Board of Directors and Senior Management have initiated a global restructuring of the Company–s business in conjunction with a review of Wave–s options for raising capital and pursuing customer transactions and other strategic alternatives.Wave–s restructuring involves immediate steps to reduce the Company–s global workforce by approximat
Wave Systems Announces Filing of Hearing Request to NASDAQ Listing Qualifications Panel
LEE, MA — (Marketwired) — 07/23/15 — . (NASDAQ: WAVX) today announced that the Company has filed a hearing request before the NASDAQ Listing Qualifications Panel (the "Panel") regarding the Company–s continued non-compliance with the minimum $1.00 bid price requirement. As previously announced, the Listing Qualifications Staff of The NASDAQ Stock Market LLC provided notice to the Company on July 16, 2015 that, based upon the Company–s continued non-compliance with the minimum $1.
Wave Systems Announces Receipt of NASDAQ Notice of Non-Compliance
LEE, MA — (Marketwired) — 07/17/15 — . (NASDAQ: WAVX) today announced that, by letter dated July 16, 2015, the Listing Qualifications Staff of The NASDAQ Stock Market LLC notified the Company that, based upon its continued non-compliance with the minimum $1.00 bid price requirement, as set forth in NASDAQ Listing Rule 5550(a)(2), as of July 14, 2015, the Company–s common shares would be subject to delisting from NASDAQ effective July 27, 2015 unless the Company submits a request for a heari
Global Professional Services Firm Renews Software Maintenance Agreement With Wave Systems
LEE, MA — (Marketwired) — 06/23/15 — . (NASDAQ: WAVX) announced that a global professional services firm has signed a one-year software maintenance renewal agreement for approximately $150,000 to use Wave–s TPM management software capabilities to secure their endpoint devices.The customer utilizes Wave–s solution in conjunction with industry-standard Trusted Platform Module (TPM) security chips to deliver hardware-based secure authentication for over 100,000 employees worldwide."Wave
Wave Announces Closing of Public Offering and Full Exercise of Underwriters– Option to Purchase Additional Shares
LEE, MA — (Marketwired) — 05/27/15 — . (NASDAQ: WAVX) today announced the closing of its previously announced underwritten public offering of 7,300,000 units with each unit consisting of one share of Class A common stock and a warrant to purchase 0.5 shares of Class A common stock, at a public offering price of $0.65 per unit. The Company also today announced the underwriter fully exercised its option to purchase an additional 1,095,000 shares of Class A common stock and warrants to purchase
Wave Announces Pricing of Public Offering
LEE, MA — (Marketwired) — 05/21/15 — (NASDAQ: WAVX) today announced the pricing of a $4.7 million underwritten public offering of 7.3 million units. Each unit consists of one share of Class A common stock and a warrant to purchase 0.5 shares of Class A common stock, at a public offering price of $0.65 per unit. The Company has also granted the underwriter a 30-day option to purchase up to an additional 1.095 million shares of Class A common stock and/or warrants to purchase up to 547,500 sh
Wave Announces Public Offering
LEE, MA — (Marketwired) — 05/20/15 — . (NASDAQ: WAVX) announced today that it plans to make a public offering of shares of its Class A common stock and warrants. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.Roth Capital Partners will act as the sole manager for the offering. The Company intends to use the net proceeds from the offering primarily for