xG Technology, Inc. (NASDAQ:XGTI) Files An 8-K Results of Operations and Financial Condition
Item 2.02
|
Results of Operations and Financial Condition |
On May 15, 2017, xG Technology, Inc. (the Company) issued a press
release announcing financial results for the fiscal quarter ended
March 31, 2017.A copy of the press release is furnished herewith
as Exhibit99.1. The information set forth in Item 2.02 of this
Form 8-K (including Exhibit 99.1) shall not be deemed filed for
purposes of Section 18 of the Securities Exchange Act of 1934, as
amended (the Exchange Act), or incorporated by reference in any
filing under the Securities Act of 1933, as amended, or the
Exchange Act, except as shall be expressly set forth by specific
reference in such a filing.
Forward-Looking Statements
Except for historical information contained in the press release
attached as an exhibit hereto, the press release contains
forward-looking statements which involve certain risks and
uncertainties that could cause actual results to differ
materially from those expressed or implied by these statements.
Please refer to the cautionary note in the press release
regarding these forward-looking statements.
| Item 8.01. | Other Events. |
On May 15, 2017, the Company issued a press release announcing a
conference call for May 17, 2017 at 5:00 P.M. Eastern Daylight
Time.
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits: |
| 99.1 | Press Release of xG Technology, Inc., dated May 15, 2017. |
About xG Technology, Inc. (NASDAQ:XGTI)
xG Technology, Inc. develops a portfolio of intellectual property, which is embedded in its software algorithms that offer cognitive interference mitigation and spectrum access solutions for a range of applications using commercial off the shelf devices. The Company’s products include xMax, CN5100 Mobile Hotspot, CN3100 Vehicle Modem, CN3200 Dual-Band Routing Modem, CN1100 Access Point, CN7000 Mobile Control Center and xMonitor/xDrive. The Company offers a range of frequency-agnostic cognitive radio solutions. It focuses on various industries across the world, such as telecommunications, cable, defense and public safety, municipal governments, critical infrastructure and markets ranging from rural to urban areas and expeditionary deployments. The implementation of its cognitive radio intellectual property is xMax. The Company, through Integrated Microwave Technologies, LLC (IMT), offers a spectrum of wireless video products that are built around providing a range of solutions. xG Technology, Inc. (NASDAQ:XGTI) Recent Trading Information
xG Technology, Inc. (NASDAQ:XGTI) closed its last trading session up +0.57 at 2.02 with 296,747 shares trading hands.
