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News Breaks
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November 23, 2009
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| 16:16 EDT |  | TXCC |
| theflyonthewall.com: | TranSwitch announces one-for-eight reverse stock split | | TranSwitch announced that a previously approved reverse split of its common stock will take effect at 11:59 p.m and be reflected in the market at the start of NASDAQ trading on Tuesday, November 24 on a 1-for-8 split-adjusted basis. The Company's shares will continue to trade on the NASDAQ Capital Market under the symbol "TXCC," with the letter "D" added to the end of the trading symbol commencing on November 24 for a period of 20 trading days to indicate the reverse stock split has occurred. The Company's symbol will revert back to its original symbol "TXCC" on December 22.. :theflyonthewall.com |
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February 10, 2012
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| 17:00 EDT | | TXCC |
| theflyonthewall.com: | TranSwitch announces at-the-market issuance program | | TranSwitch announced that it has filed a prospectus supplement to sell up to an aggregate of $10M of its common stock nthrough an "at-the-market" offering. If utilized, the shares would be offered through MLV & Co. LLC as sales agent. MLV, at TranSwitch's discretion and instruction, will use its commercially reasonable efforts to sell the Shares at market prices from time to time, including sales made directly on The NASDAQ Capital Market. TranSwitch currently intends to use the proceeds from any sales related to the ATM offering for product development, working capital and other general corporate purposes. :theflyonthewall.com |
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February 3, 2012
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| 07:23 EDT |  | TXCC |
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