AEY

ADDvantage Technologies Group
AEY

About: Addvantage Technologies Group Inc is a communications infrastructure services and equipment provider operating a diversified group of companies through its Wireless Infrastructure Services and Telecommunications segments. Its Wireless Infrastructure Services segment provides turn-key wireless services including the installation, modification and upgrading of equipment on communication towers and small cell sites for wireless carriers, national integrators, tower owners and major equipment manufacturers. Its Telecommunications segment sell equipment used to acquire, distribute, and protect the communications signals. The Telecommunications segment generates maximum revenue for the company.

Employees: 147

Consumer Discretionary Durable Goods

Delisted

AEY was delisted on the 19th of May, 2024.

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Why Is Addvantage Technologies (AEY) Stock Down 5% Today?

Addvantage Technologies (NASDAQ: AEY ) stock is sliding lower on Friday after the communications infrastructure services and equipment company announced its bankruptcy filing. This is a voluntary bankruptcy filing by the company using Chapter 1 of Title 11.

Why Is Addvantage Technologies (AEY) Stock Down 5% Today?

ADDvantage Technologies Regains Compliance with Nasdaq Minimum Bid Price Requirement

CARROLLTON, Texas, Dec. 04, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that on December 1, 2023, it received a notification letter (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it had regained compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rule 5550(a)(2) (the “Nasdaq Capital Market Minimum Bid Price Requirement”).

ADDvantage Technologies Regains Compliance with Nasdaq Minimum Bid Price Requirement

ADDvantage Technologies Group Inc. (AEY) Q3 2023 Earnings Call Transcript

ADDvantage Technologies Group Inc. (NASDAQ:AEY ) Q3 2023 Earnings Conference Call November 14, 2023 5:00 PM ET Company Participants Brett Maas - Hayden IR Joseph Hart - President and Chief Executive Officer Michael Rutledge - Chief Financial Officer Operator Good afternoon and welcome to the ADDvantage Technologies Group Fiscal 2023 Third Quarter Financial Results Conference Call. All participants will be in listen-only mode.

ADDvantage Technologies Group Inc. (AEY) Q3 2023 Earnings Call Transcript

ADDvantage Technologies Group, Inc. Completes 1-for-10 Reverse Stock Split as Part of Nasdaq Compliance Plan

CARROLLTON, Texas, Nov. 16, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that on November 16, 2023, ADDvantage Technologies Group, Inc. effected a one-for-10 (1:10) reverse stock split of all issued and outstanding shares of the Company's common stock, par value $0.01 per share (the “Common Stock”) effective as of 12:01 a.m. Eastern Time on November 16, 2023 (the “Reverse Stock Split”), vide a Certificate of Amendment to the Certificate of Incorporation of ADDvantage Technologies Group, Inc. (the “Certificate of Amendment”) filed with the Secretary of State of Oklahoma on November 16, 2023, and deemed effective on November 16, 2023 at 12:01 a.m. Eastern Time. The Reverse Stock Split was intended to bring the Company into compliance with the $1.00 minimum bid price requirement for continued listing on the NASDAQ Capital Market, as required by Nasdaq Listing Rule 5550(a)(2).

ADDvantage Technologies Group, Inc. Completes 1-for-10 Reverse Stock Split as Part of Nasdaq Compliance Plan

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