LEE, MA — (Marketwired) — 07/26/13 — Wave Systems Corp. (NASDAQ: WAVX) () today announced that on July 25, 2013 it agreed to sell to investors 1,204,470 shares of its Class A common stock at a price of $1.27 per share, yielding gross proceeds of approximately $1,529,677. The $1.27 share price reflects the closing bid price on July 24, 2013. The net proceeds of the financing will be used to fund Wave-s ongoing operations.Security Research Associates acted as placement agent in connection with
LEE, MA — (Marketwired) — 07/24/13 — Wave Systems Corp. (NASDAQ: WAVX) announced today that it received notice from the NASDAQ Listing Qualifications Department that Wave has regained compliance with NASDAQ Marketplace Rule 5550(a)(2) relating to the minimum $1.00 per share bid price of the company-s Class A Common Stock. Shares of the company-s Class A Common Stock maintained a closing bid price of at least $1.00 per share for the required ten consecutive days, from July 9 through July 22,
LEE, MA — (Marketwired) — 07/01/13 — Wave Systems Corp. (NASDAQ: WAVX) announced today that, following shareholder approval at the company-s annual meeting on June 20, 2013, the Board of Directors has approved a 1-for-4 reverse split of the company-s common stock. The reverse stock split will be in effect at the commencement of trading Monday, July 1, 2013.The reverse split is being implemented for purposes of regaining compliance with the $1.00 per share minimum closing bid price requiremen
LEE, MA — (Marketwired) — 06/10/13 — Wave Systems Corp. (NASDAQ: WAVX), the Trusted Computing Company, today announced it has initiated an executive search for a Chief Operating Officer. The COO role would be a new position at the company, responsible for day-to-day operations, developing sales channels, overhead management, execution of product and cloud services strategy, and other corporate objectives."Wave has undergone substantial growth in the last two years, from the Safend acqui
LEE, MA — (Marketwired) — 04/24/13 — Wave Systems Corp. (NASDAQ: WAVX) today announced that it has entered into agreements with certain institutional and other investors for a registered direct placement of 6,340,000 shares of its Class A common stock at a price of $0.50 per share, yielding gross proceeds of $3,170,000. Additionally, investors in the offering will receive five-year warrants to purchase an aggregate of 3,170,000 shares of Wave-s Class A common stock for $0.62 per share. The n
LEE, MA — (Marketwire) — 03/13/13 — Wave Systems Corp. (NASDAQ: WAVX) today announced that it has entered into agreements with certain institutional investors for a private placement of 1,204,820 shares of its Class A common stock at a price of $.83 per share, yielding gross proceeds of $1,000,000. Additionally, investors in the offering will receive five-year warrants to purchase an aggregate of 602,410 shares of Wave-s Class A common stock for $.83 per share. The net proceeds of the financ
LEE, MA — (Marketwire) — 03/11/13 — Wave Systems Corp. (NASDAQ: WAVX) announced today it will host a webcast/conference call reviewing its 2012 fourth quarter and full year results on Monday, March 18th at 4:30 p.m. ET. Wave-s results will be issued after the market closes that day.()
Wave Systems Corp. 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 for security, Wa
