Inventergy Global, Inc. (NASDAQ:INVT) Files An 8-K Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of ListingItem 3.01
As previously reported on the Current Report on Form 8-K filed on June 6, 2017, trading in the common stock of Inventergy Global, Inc. (the “Company”) was suspended on The Nasdaq Stock Market (“Nasdaq”) effective June 7, 2017.
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 as previously disclosed in the Current Reports on Form 8-K filed by the Company on November 25, 2016, April 13, 2017 and August 29, 2017, the Company withdrew its appeal of the Nasdaq Hearings Panel decision, dated July 5, 2017, to which it determined to delist the Company’s common stock from Nasdaq.
On October 3, 2017, the Company was notified by Nasdaq that it will issue a press release on October 5, 2017 announcing that the Company’s common stock will be delisted from Nasdaq. Nasdaq will file a Form 25 with the Securities and Exchange Commission to complete the delisting, and the delisting will become effective ten days after the Form 25 is filed.
Following the delisting, the Company’s common stock will continue to trade on the electronic quotation service operated by OTC Markets Group Inc. (www.otcmarkets.com) under its current ticker symbol “INVT.”
On October 5, 2017, the Company issued a press release announcing the above notice from Nasdaq. A copy of the press release is attached hereto as Exhibit 99.1.
|Item 3.01||Financial Statements and Exhibits.|
|99.1||Press Release, dated October 5, 2017|
Inventergy Global, Inc. ExhibitEX-99.1 2 v476507_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Inventergy Announces NASDAQ Delisting Listing had previously been suspended on June 7,…To view the full exhibit click
About Inventergy Global, Inc. (NASDAQ:INVT)
Inventergy Global, Inc. is an intellectual property (IP) investment and licensing company. The Company offers clients a professional corporate licensing model for IP value creation. The Company’s Technical Lead and associated group works to understand the science and/or technology behind the patents of a particular portfolio, under the review of the Legal Lead and in support of the Business team. This group coordinates the work of third party technology consultants, including technical external resources, such as technical experts, reverse engineering consultancies and other providers, to deliver inputs to the Legal and Business teams. The Legal Lead and Team manage the existing patent asset portfolio from a global perspective and also manage further prosecution of continuing patent cases. The Legal Lead also is responsible for the legal structure and legal documents of any license or negotiated settlement with prospective licensees.