wave-systems-corp Archives

Wave Systems Regains Compliance With NASDAQ Bid Price Requirement

By Publisher on January 19, 2016 Hardware, Picture Gallery

LEE, MA — (Marketwired) — 01/19/16 — (NASDAQ: WAVX), an enterprise security software provider, announced today that it has received formal notification from The Nasdaq Stock Market that the Company has evidenced compliance with the $1 bid price requirement, thereby resulting in Nasdaq–s determination to continue the listing of Wave–s securities on The Nasdaq Capital Market.Separately, Wave remains subject to a grace period to evidence compliance with the minimum $35 million market value o

Following Shareholder Approval, Wave–s Board Approves 1-for-10 Reverse Stock Split

By Publisher on December 30, 2015 Picture Gallery, Software

LEE, MA — (Marketwired) — 12/30/15 — (NASDAQ: WAVX) announced today that, following shareholder approval at the special Shareholders– meeting on December 28, 2015, the Board of Directors has approved a 1-for-10 reverse split of the Company–s common stock. The reverse stock split will be in effect at the commencement of trading Thursday, December 31, 2015.The reverse split is being implemented for purposes of regaining compliance with the $1.00 per share minimum closing bid price requireme

Wave Announces 5-Year Master License Agreement for Virtual Smart Card 2.0(R) With Leading Global Financial Services Company

By Publisher on December 17, 2015 Hardware, Picture Gallery

Wins Competitive Evaluation Against Market Leader in Two-Factor Authentication Tokens

Wave Systems Secures Financing Agreement and Engages Investment Bank to Evaluate Strategic Alternatives

By Publisher on December 15, 2015 Hardware, Picture Gallery

LEE, MA — (Marketwired) — 12/15/15 — (NASDAQ: WAVX), an enterprise security software provider, announced today that it has completed a financing agreement with (MBFG) in the form of a secured accounts receivable and purchase orders financing facility of up to $3 million. The Company has also engaged to advise it in evaluating its strategic alternatives, including potential M&A opportunities.Advances on the accounts receivable facility will be made on qualified accounts receivable that

Wave Systems Announcement Regarding Its Q3 2015 Earnings Release and Conference Call

By Publisher on November 16, 2015 Hardware, Picture Gallery

LEE, MA — (Marketwired) — 11/16/15 — (NASDAQ: WAVX), an enterprise security software provider, announced today that its quarterly financial statements have not been finalized and that its previously scheduled 2015 third quarter earnings release and conference will not take place on Monday, November 16, 2015.Wave 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 softwar

Wave Systems to Reschedule Q3 2015 Earnings Release and Conference Call

By Publisher on November 11, 2015 Hardware, Picture Gallery

LEE, MA — (Marketwired) — 11/11/15 — (NASDAQ: WAVX), an enterprise security software provider, announced today that the Company will reschedule its 2015 third quarter earnings release and conference call from Thursday, November 12, 2015, to Monday, November 16, 2015, in order to allow for more time in finalizing quarterly financial results.The conference call will be held at 4:30pm EST.Webcast / Replay:Call Dial-In #: 212-231-2929Wave Systems reduces the complexity, cost and uncertainty of

Wave Systems to Hold Q3 2015 Conference Call Thursday, November 12, at 4:30 p.m. ET

By Publisher on October 29, 2015 Hardware, Picture Gallery

LEE, MA — (Marketwired) — 10/29/15 — (NASDAQ: WAVX), an enterprise security software provider, announced today it will host a webcast/conference call to review its 2015 third quarter results on Thursday, November 12, at 4:30 p.m. ET.Wave–s results will be issued after the market closes that day.212-231-2929Wave 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 softwar

Wave Systems Signs 3-Year Royalty Agreement With Leading Microchip Distributor for TPM 2.0 Management Software

By Publisher on October 5, 2015 Hardware, Picture Gallery

For Wave Client Software Packaged With Silicon Application Corp. Sales of Microchips

Wave Systems Announces Convertible Bridge Loan Financing

By Publisher on September 28, 2015 Hardware, Picture Gallery

LEE, MA — (Marketwired) — 09/28/15 — (NASDAQ: WAVX) today announced that it has completed an unsecured convertible bridge financing consisting of a $490,000 convertible bridge instrument that is required to be repaid on or before December 24, 2015 with a repayment amount of $588,000. Noteholders were issued warrants to purchase up to 1,225,000 shares of Wave–s Class A common stock at an exercise price of $0.18 per share. These warrants cannot be exercised for a period six months after the e

Wave Systems Granted Extension to Achieve Compliance with NASDAQ Minimum Bid Price Requirement

By Publisher on September 22, 2015 Hardware, Picture Gallery

LEE, MA — (Marketwired) — 09/22/15 — (NASDAQ: WAVX) today announced that on September 16, 2015, the Company was notified that the NASDAQ Listing Qualifications Panel (the "Panel") had determined to grant the Company–s request for an extension through January 12, 2016, to evidence compliance with the $1.00 minimum closing bid price requirement.To achieve compliance, the Company must evidence a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business da