QuickLogic Corporation (NASDAQ:QUIK) Files An 8-K Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.
On December 9, 2019, QuickLogic Corporation (the “Company”) issued a press release announcing that the Board determined to set a reverse stock split ratio of 1-for-14 for a reverse stock split of the Company’s outstanding shares of common stock. The Company’s common stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market (NASDAQ) at the market open on or about December 24, 2019. A copy of the Company’s press release is being furnished as Exhibit 99.1 to this Form 8-K.
The information (including Exhibit 99.1) being furnished to this “Item 7.01 Regulation FD Disclosure” shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
QUICKLOGIC Corp Exhibit
EX-99.1 2 quik-ex991_6.htm EX-99.1 PR REVERSE STOCK SPLIT RATIO quik-ex991_6.htm EX 99.1 QuickLogic Board Selects 1-for-14 Reverse Stock Split Ratio SAN JOSE,…
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About QuickLogic Corporation (NASDAQ:QUIK)
QuickLogic Corporation develops and markets semiconductor and software algorithm solutions. The Company’s solutions primarily target smartphones, wearable devices, tablets, and the Internet-of-Things (IoT). The Company is a fabless semiconductor provider of flexible sensor processing solutions, ultra-low power display bridges, and ultra-low power Field Programmable Gate Arrays (FPGAs). The Company’s solutions integrate multi-core processing, programmable logic, sensor fusion and context aware algorithms, and embedded software. The Company’s solutions are created from its new silicon platforms, including EOS, ArcticLink III, PolarPro 3, PolarPro II, PolarPro, and Eclipse II products, its mature products, which are produced on semiconductor processes over 180 nanometers, primarily include its pASIC 3 and QuickRAM, as well as royalty revenue, programming hardware and design software. Its sensor algorithm software includes SenseMe software library.
