Wave Systems (WAVX) Reports Q2 Loss of $0.13

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Wave Systems Announces Receipt of NASDAQ Notice of Non-Compliance

August 12, 2015 4:30 PM EDT

LEE, MA -- (Marketwired) -- 08/12/15 -- Wave Systems Corp. (NASDAQ: WAVX) today announced that on August 11, 2015, the Company received notice from the NASDAQ Listings Qualifications Staff indicating that the Company no longer satisfies the minimum $35 million market value of listed securities requirement as required for continued listing on The NASDAQ Capital Market and set forth in NASDAQ Listing Rule 5550(b)(2) (the "Rule"). In accordance with the NASDAQ Listing Rules, the Company has... More