API Technologies Corp. (ATNY)


NasdaqCM - NasdaqCM Delayed Price. Currency in USD
2.000.00 (0.00%)
At close: 4:00 PM EDT
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  • PR Newswire4 months ago

    API Technologies Corp. Announces Completion of Acquisition by Affiliate of J.F. Lehman & Company

    ORLANDO, Fla., April 22, 2016 /PRNewswire/ -- API Technologies Corp. (ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions, today announced the successful completion of the acquisition of API by an affiliate of private equity firm J.F. Lehman & Company ("JFLCO"). Under the terms of the merger agreement governing the acquisition, API stockholders (other than JFLCO and any of its direct and indirect subsidiaries) will receive $2.00 in cash per share of common stock, without interest and less any applicable withholding taxes. In connection with the completion of the merger, today the Company requested that the NASDAQ Capital Market ("NASDAQ") (i) suspend trading of its common stock on NASDAQ and (ii) file with the Securities and Exchange Commission a Form 25, Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), to delist the Company's common stock from NASDAQ and to deregister the Company's common stock under Section 12(b) of the Exchange Act.  Pursuant to the Company's requests to NASDAQ, the listing of the Company's common stock on NASDAQ will be suspended upon conclusion of trading today.

  • Capital Cube4 months ago

    ETF’s with exposure to API Technologies Corp. : April 19, 2016

    Click here to see latest analysis*Disclaimer : This is as of previous day’s closeETF’s with exposure to API Technologies Corp.Here are 5 ETF’s with the largest exposure to ATNY-US. Comparing the performance and risk of API Technologies Corp. with the ETF’s that have exposure to it gives us some ETF choices that could give us […] (Read more...) The post ETF’s with exposure to API Technologies Corp. : April 19, 2016 appeared first on CapitalCube.

  • API Technologies Corp. :ATNY-US: Earnings Analysis: Q1, 2016 By the Numbers
    Capital Cube4 months ago

    API Technologies Corp. :ATNY-US: Earnings Analysis: Q1, 2016 By the Numbers

    Click here to see latest analysisAPI Technologies Corp. reports financial results for the quarter ended February 29, 2016.HighlightsSummary numbers: Revenues of USD 54.43 million, Net Earnings of USD -6.43 million.Gross margins narrowed from 21.56% to 20.68% compared to the same period last year, operating (EBITDA) margins now 10.09% from 10.85%.Change in operating cash flow of […] (Read more...) The post API Technologies Corp. :ATNY-US: Earnings Analysis: Q1, 2016 By the Numbers appeared first on CapitalCube.