Xtent, the Menlo Park development-stage medical device company that postponed a special shareholder meeting earlier this month at which it was to seek permission to liquidate its assets in order to give itself more time to discuss possible deals with interested parties, has evidently not made much progress in coming up with a deal.
The meeting, which was pushed Read the rest of this entry »
Xtent, the Menlo Park development-stage medical device company whose board decided to throw in the towel and liquidate its assets, postponed a special meeting it had called to obtain approval from shareholders over its “plan of dissolution”.
The meeting, which was to take place on Thursday, July 9, has been rescheduled for Aug. 3 to give the company Read the rest of this entry »
Xtent, the Menlo Park development-stage medical device company that went public about 27 months ago, has decided to throw in the towel and liquidate its assets and dissolve.
The board made the decision Friday, subject to the approval of Read the rest of this entry »
Xtent, the Menlo Park medical device company that first sold its shares to the public in two years ago this month, has hired Piper Jaffray & Co. to “evaluate strategic alternatives,” including a merger or sale.
The news isn’t particularly surprising, given that the company decided last month to ax 94 percent of its work force by 115 jobs. The job cuts, which followed Read the rest of this entry »
Menlo Park medical device maker Xtent told 47 regular employees and 26 part-time they were losing their jobs, according to a filing the company made Thursday with the SEC. The cuts total 34 percent of Xtent’s workforce.
The company also said that its vice president of sales and marketing Read the rest of this entry »
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