GigOptix Inc. gains conditional listing approval from NYSE Amex

June 18, 2010
JUNE 17, 2010 -- GigOptix Inc., a supplier of electronic and electro-optic components for fiber-optic systems, has received clearance from the NYSE Amex stock exchange to file an application for listing of its common stock.

JUNE 17, 2010 -- GigOptix Inc., a supplier of electronic and electro-optic components for fiber-optic systems, has received clearance from the NYSE Amex stock exchange to file an application for listing of its common stock.

Approval of the application is subject to certain enumerated conditions including, among others, the completion of the pending underwritten public offering and GigOptix’ continued compliance with other listing requirements of the exchange, including specifically, maintenance of the common stock at or above the minimum price requirement of $3.00 per share.

GigOptix has reserved the ticker symbol "GIG" for trading on the NYSE Amex. GigOptix common shares will continue to trade on the Over-the-Counter Bulletin Board under the symbol "GGOX" until all of the conditions to trading on the NYSE Amex have been satisfied and the shares begin officially trading on the NYSE Amex, after which GigOptix common shares will no longer be traded on the Over-the-Counter Bulletin Board.

"We are pleased to reach this significant milestone as part of the company's development and future growth initiatives,” says Chairman of the Board and Chief Executive Officer Dr. Avi Katz.

Sponsored Recommendations

New Optical Wavelength Service Trends

July 1, 2024
Discover how optical wavelength services are reshaping the telecom landscape, driven by rapid expansion and adoption of high-speed connections exceeding 100 Gbps, championed by...

ON TOPIC: Innovation in Optical Components

July 2, 2024
Lightwave’s latest on-topic eBook, sponsored by Anritsu, will address innovation in optical components. The eBook looks at various topics, including PCIe (Peripheral...

Data Center Interconnection

June 18, 2024
Join us for an interactive discussion on the growing data center interconnection market. Learn about the role of coherent pluggable optics, new connectivity technologies, and ...

AI’s magic networking moment

March 6, 2024
Dive into the forefront of technological evolution with our exclusive webinar, where industry giants discuss the transformative impact of AI on the optical and networking sector...