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Security Profile
- Security Type
- Common Stock
- CUSIP
- 26144M400 (prev. 26144M103 )
- Market Cap
- Micro Cap · $7 Million
- Previous Symbol
- DRWI (changed 8/3/2017)
Business: DragonWave, founded in 2000, is a leading provider of high-capacity packet microwave solutions that drive next-generation IP networks. DragonWave's carrier-grade point-to-point packet microwave systems transmit broadband voice, video and data, enabling service providers, government agencies, enterprises and other organizations to meet their increasing bandwidth requirements rapidly and affordably. The principal application of DragonWave's products is wireless network backhaul. Additional solutions include leased line replacement, last mile fiber extension and enterprise networks. DragonWave's award winning Horizon solutions are known in the industry for their leading capacity, reliability, and spectral efficiency.
Notes: February 4, 2016 -- DragonWave Inc. (DRWI) will effect a one-for-twenty-five (1-25) reverse split of its common stock. In conjunction with the reverse split, the CUSIP number will change to 26144M400._________________Sept. 1, 2015 -- NASDAQ Staff had granted the Company an extension through August 31, 2015 to regain compliance with the US$1.00 per share bid price requirement. The Company has not been able to regain compliance with this requirement within such period, and the Company transferred the listing of its common shares from The NASDAQ Global Market to The NASDAQ Capital Market. In connection with such transfer, the Company was granted an additional 180 days to regain compliance with the minimum $1.00 bid price per share requirement. The new extension period runs through February 29, 2016.
Company Contact
- CEO
- Peter Allen
- CFO
- Patrick Houston
- Headquarters
- 411 Legget Drive, Suite 600, Ottawa, Ontario, K2K 3C9, Canada
- Phone
- 613-599-9991
- Fax
- 613-599-4225
- Investor Relations
- Russell Frederick · 613-599-9991 · investor@dragonwaveinc.com