Connectivity

Wegener Regains Nasdaq Compliance

By

[Satellite Today – 5-6-08] Wegener Corp. is in compliance with the Nasdaq Stock Market’s minimum bid price requirement and will remain listed, the company announced May 5.
    The company received a notice from Nasdaq May 5 stating that because the closing bid price of its common stock has been at $1 per share or greater for at least 10 consecutive business days, the company has regained compliance.  
    According to Nasdaq, delisting can make it more difficult for a company to raise money and can sometimes be a first step towards bankruptcy.

More on This Topic

Connectivity

ViaSat-3 F3 Satellite Enters Service

Connectivity

OHB to Build 18 MEO Satellites for IRIS² in Nearly €1B Award

Astrum Mobile and SWISSto12 HummingSat rendering. Photo: Swissto12
Finance

Astrum Space Strikes SPAC Deal for D2D Service at $1B Valuation

Connectivity

Rocket Lab’s Bold Move to Acquire Iridium: Analysts Break Down the Strategy

Connectivity

TGS Taps Speedcast for All-LEO Solution

Speedcast has secured another connectivity deal in the energy industry. It has implemented an all-LEO solution across the fleet of TGS, a global provider of data and intelligence to the […]
Connectivity

Lynk and Omnispace Completer Merger – Announce Elveo Mobile

Connectivity

Arabsat Signs Digital Communications Infrastructure Deal with Libya Telecom and Technology (LTT)

Connectivity

SES, Eutelsat Complete RDV1 Milestone for Europe’s IRIS2 Sovereign Constellation Program

Connectivity

AccelerCom and Eclipse Space Reveals Details of D2D Collaboration

Trending Now

  1. 10 Smallsat Startups to Watch in 2026
    10 Hottest

    10 Smallsat Startups to Watch in 2026

  2. SDA Director Says Constellation’s Tranche 1 Checkouts Progressing Faster After a Slow Start
    Government/Military

    SDA Director Says Constellation’s Tranche 1 Checkouts Progressing Faster After a Slow Start

  3. White House Targets Support for 1,000 Launches Per Year by 2030
    Government/Military

    White House Targets Support for 1,000 Launches Per Year by 2030

  4. TraCSS Traffic Coordination System Remains in Pilot Mode Due to Budget ‘Uncertainty’
    Government/Military

    TraCSS Traffic Coordination System Remains in Pilot Mode Due to Budget ‘Uncertainty’

  5. Astrum Space Strikes SPAC Deal for D2D Service at $1B Valuation
    Connectivity

    Astrum Space Strikes SPAC Deal for D2D Service at $1B Valuation

  6. Impulse Space Scales Rideshare Program to GEO With Increased Demand
    Launch

    Impulse Space Scales Rideshare Program to GEO With Increased Demand

  7. Rocket Lab’s Bold Move to Acquire Iridium: Analysts Break Down the Strategy
    Connectivity

    Rocket Lab’s Bold Move to Acquire Iridium: Analysts Break Down the Strategy

  8. Redwire to Manufacture Edge Aerospace Data Processing Units in US
    Technology

    Redwire to Manufacture Edge Aerospace Data Processing Units in US

  9. Smaller Space Companies Want to See Programs of Record for Their Investments
    Finance

    Smaller Space Companies Want to See Programs of Record for Their Investments