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DragonWave -72%, suspended from trading amid receivership plan [Seeking Alpha]

DRAGONWAVE (DRWI)  More Company Research Source: Seeking Alpha
US:NASDAQ Investor Relations: dragonwavex.com
PDF DragonWave ( DRWI ) -- whose stock started the year at $2.60 and has since slid to $0.25/share -- says its lenders have filed an application to have KSV Kofman appointed as receiver over its business and assets. The Toronto Stock Exchange is reviewing the company's eligibility for continued listing, on criteria of insolvency and financial condition and/or operating results. That means suspended trading "until further notice." Nasdaq has suspended trading and intends to delist the company on Wednesday. Now read: Harmonic Inc. 2017 Q2 - Results - Earnings Call Slides » [Read more]

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