Lloyd Miller, a current and former investor in several Silicon Valley companies, disclosed Tuesday being the owner of a 5.9 percent stake in yet another: Ditech Communications of Mountain View.
According to a filing with the SEC, Miller will use his recent purchases of Ditech stock to support Read the rest of this entry »
Altigen Communications, the Fremont provider of Internet phone systems that had scheduled a special shareholders meeting for Tuesday to seek approval of a new equity incentive plan and employee stock purchase program, postponed the meeting late Friday in order “to provide adequate time for AltiGen to present additional information to its stockholders in light of certain recent public comments made by one of the company’s existing stockholders,” according to a press release the company put out.
The “existing shareholder” making the public comments would be Read the rest of this entry »
Citing the expense of complying with its obligations under regulations of the Securities and Exchange Rules, the Sarbanes-Oxley Act, and Nasdaq’s own listing requirements, Proxim Wireless said Thursday it intends to voluntarily delist its stock from Nasdaq.
The Milpitas supplier of high-speed wireless communications equipment, said it anticipates the last day of trading for its common stock on Nasdaq’s Capital Market would be Read the rest of this entry »
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