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Inventergy Announces NASDAQ Delisting
Oct. 05, 2017 09:42AM PST
Data InvestingInventergy Global (OTCQB:INVT) has announced it received notice from the Nasdaq Stock Market that it will delist the common stock of the company. As quoted in the press release: The Company’s common stock was suspended on June 7, 2017, and has not traded on Nasdaq since that time. Nasdaq will file a Form 25 with …
Inventergy Global (OTCQB:INVT) has announced it received notice from the Nasdaq Stock Market that it will delist the common stock of the company.
As quoted in the press release:
The Company’s common stock was suspended on June 7, 2017, and has not traded on Nasdaq since that time. Nasdaq will file a Form 25 with the Securities and Exchange Commission to complete the delisting. The delisting becomes effective ten days after the Form 25 is filed.
As previously reported on the Current Report on Form 8-K filed on September 5, 2017, after careful consideration and in connection with the previous delisting notices received by the Company from Nasdaq, the Company withdrew its appeal of the Nasdaq Hearings Panel decision, dated July 5, 2017, pursuant to which it determined to delist the Company’s common stock from Nasdaq. As a result of the forgoing, the Company previously decided not to effect a reverse stock split of the Company’s capital stock.
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