ParkerVision Regains Compliance with NASDAQ Continued Listing Standards
April 27 2017 - 4:01PM
ParkerVision, Inc. (Nasdaq:PRKR) (“ParkerVision”),
a developer and marketer of semiconductor technology solutions for
wireless applications, announced today that it has received
notification from the Listing Qualifications Department of The
Nasdaq Stock Market (“Nasdaq”) that it has regained compliance with
Nasdaq Listing Rule 5550(b)(2), which concerns the market value of
the Company’s listed securities (“MVLS”).
ParkerVision had been notified by Nasdaq in
January 2017 that it was not in compliance with Nasdaq continued
listing standards as a result of its MVLS falling below $35 million
for 30 consecutive trading days. On April 27, 2017, Nasdaq
provided confirmation to ParkerVision that its MVLS for the prior
10 consecutive trading days had met the minimum requirement and
advised ParkerVision that the Company has regained compliance and
the matter is now closed.
About ParkerVision,
Inc.ParkerVision designs, develops and markets its
proprietary RF technologies, which enable advanced wireless
communications for current and next generation mobile
communications networks. Its solutions for wireless transfer of
radio frequency (RF) waveforms enable significant advancements in
wireless products, addressing the needs of the cellular industry
for efficient use of power, reduced cost and size, greater design
simplicity and enhanced performance in mobile handsets as the
industry migrates to next generation networks. ParkerVision is
headquartered in Jacksonville, Florida. For more information,
please visit www.parkervision.com. (PRKR-G)
Safe Harbor StatementThis press
release contains forward-looking information. Readers are cautioned
not to place undue reliance on any such forward-looking statements,
each of which speaks only as of the date made. Such statements are
subject to certain risks and uncertainties, which are disclosed in
ParkerVision’s SEC reports, including the Form 10-K for the year
ended December 31, 2016. These risks and uncertainties could
cause actual results to differ materially from those currently
anticipated or projected.
Cindy Poehlman
Chief Financial Officer
ParkerVision, Inc.
904-732-6100, cpoehlman@parkervision.com
Laurie Little
The Piacente Group
212-481-2050
parkervision@tpg-ir.com
ParkerVision (QB) (USOTC:PRKR)
Historical Stock Chart
From Mar 2024 to Apr 2024
ParkerVision (QB) (USOTC:PRKR)
Historical Stock Chart
From Apr 2023 to Apr 2024