Inventergy Announces Shareholder Sales Restriction Agreements
2014年6月9日 - 9:45PM
Marketwired
Inventergy Announces Shareholder Sales Restriction Agreements
CAMPBELL, CA--(Marketwired - Jun 9, 2014) - Inventergy
Global, Inc. (NASDAQ: INVT) ("Inventergy") announced today that all
major shareholders and Company Founders collectively representing
over 78% of previously issued common and preferred stock securities
("Restricted Securities") in Inventergy, Inc. have agreed to
limitations on sale of those securities through November 30,
2014.
In particular, each such stockholder agrees (a) to sell no
Restricted Securities until July 1, 2014 unless the Inventergy's
common stock price is above $6.00 per share; (b) from July 1 to
August 30, to only sell a maximum of approximately 6% per month of
that shareholder's beneficially held Restricted Securities if
Inventergy's stock price is above $4.00 per share; (c) from
September 1 through November 30, to only sell a maximum of
approximately 6% per month of that shareholder's beneficially held
Restricted Securities; and (d) remain able to sell any number of
Restricted Securities if Inventergy's stock price is above $6.00
per share. In addition, these shareholders have agreed to not
engage in any short selling during the restriction period.
About Inventergy Global, Inc. Inventergy Global, Inc. (NASDAQ:
INVT) is a Silicon Valley-based intellectual property company
dedicated to identifying, acquiring and licensing the patented
technologies of market-significant technology leaders. Led by IP
industry pioneer and veteran Joe Beyers, the company leverages
decades of corporate experience, market and technology expertise,
and industry connections to assist Fortune 500 companies in
leveraging the value of their innovations to achieve greater
returns. For more information about Inventergy Global, visit
www.inventergy.com.
Cautionary Statement Regarding Forward-Looking Statements This
press release includes "forward-looking statements" intended to
qualify for the safe harbor from liability established by the
Private Securities Litigation Reform Act of 1995. These
statements include statements about our plans, strategies,
financial performance, prospects or future events and involve known
and unknown risks that are difficult to predict. As a result, our
actual results, performance or achievements may differ materially
from those expressed or implied by these forward-looking
statements. These statements may be identified by the use of
words like "anticipate", "believe", "estimate", "expect", "intend",
"may", "plan", "will", "should", "seek" and similar expressions and
include any projections or estimates set forth herein. Such
forward-looking statements are necessarily based upon estimates and
assumptions that, while considered reasonable by Inventergy and our
management team, are inherently uncertain. A more complete
description of these risks and uncertainties can be found in our
filings with the U.S. Securities and Exchange Commission. We
caution you not to place undue reliance on any forward-looking
statements, which are made as of the date of this press release. We
undertake no obligation to update publicly any of these
forward-looking statements to reflect actual results, new
information or future events, changes in assumptions or changes in
other factors affecting forward-looking statements, except to the
extent required by applicable laws. If we update one or more
forward-looking statements, no inference should be drawn that we
will make additional updates with respect to those or other
forward-looking statements.
Contact Investors: Chris Camarra Director, Investor Relations
(212) 260-0579 Email Contact Media Contact: Wendy Chou CHOUmedia
LLC (718) 812-6707 Email Contact
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