FUEL TECH, INC. (NASDAQ:FTEK) Files An 8-K Other EventsItem 8.01 Other Events.
On October 5, 2017, Fuel Tech, Inc. (the “Company”) received a letter from the Listing Qualifications Department of theNASDAQStock Market (“NASDAQ”) notifying the Company that the minimum bid price deficiency of the Company’s common stock that trades under the symbol “FTEK” has been cured and that the Company is in compliance with NASDAQ Listing Rule 5450(a)(1), and that NASDAQ considers this matter closed.
Item 9.01Financial Statements and Exhibits
Exhibit No. Description
99.1Press release of the Company dated October 5, 2017
NOTE REGARDING FORWARD-LOOKING STATEMENTS
This filing contains “forward-looking statements” as defined in Section 21E of the Securities Exchange Act of 1934, as amended, which are made to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and reflect Fuel Tech’s current expectations regarding future growth, results of operations, cash flows, performance and business prospects, and opportunities, as well as assumptions made by, and information currently available to, our management. Fuel Tech has tried to identify forward-looking statements by using words such as “anticipate,” “believe,” “plan,” “expect,” “estimate,” “intend,” “will,” and similar expressions, but these words are not the exclusive means of identifying forward-looking statements. These statements are based on information currently available to Fuel Tech and are subject to various risks, uncertainties, and other factors, including, but not limited to, those discussed in Fuel Tech’s Annual Report on Form 10-K in Item 1A under the caption “Risk Factors,” and subsequent filings under the Securities Exchange Act of 1934, as amended, which could cause Fuel Tech’s actual growth, results of operations, financial condition, cash flows, performance and business prospects and opportunities to differ materially from those expressed in, or implied by, these statements. Fuel Tech undertakes no obligation to update such factors or to publicly announce the results of any of the forward-looking statements contained herein to reflect future events, developments, or changed circumstances or for any other reason. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including those detailed in Fuel Tech’s filings with the Securities and Exchange Commission.
FUEL TECH, INC. ExhibitEX-99.1 2 sharepriceresolution.htm EXHIBIT 99.1 Exhibit CONTACT:David S. Collins Devin Sullivan Chief Financial Officer Senior Vice President (630) 845-4500 The Equity Group Inc. (212) 836-9608 FUEL TECH REGAINS COMPLIANCE WITH NASDAQ LISTING REQUIREMENT WARRENVILLE,…To view the full exhibit click here
About FUEL TECH, INC. (NASDAQ:FTEK)
Fuel Tech, Inc. is a technology company. The Company is engaged in the development, commercialization and application of technologies for air pollution control, process optimization, combustion efficiency and engineering services. It operates through three segments: Air Pollution Control technology, FUEL CHEM technology and Fuel Conversion. The Air Pollution Control technology segment includes technologies to manage nitrogen oxides (NOx) emissions in flue gas from boilers, incinerators, furnaces and other stationary combustion sources. The FUEL CHEM technology segment uses chemical processes in combination with computational fluid dynamics (CFD) and chemical kinetics modeling (CKM) boiler modeling, for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces and boilers through the addition of chemicals into the furnace. The Fuel Conversion segment represents the CARBONITE fuel conversion process and technology.