XGTI : Summary for XG Technology, Inc - Yahoo Finance

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xG Technology, Inc. (XGTI)


NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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1.65-0.03 (-1.86%)
As of 10:20AM EST. Market open.
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1d
Previous Close1.68
Open1.66
Bid1.63 x 6100
Ask1.65 x 3500
Day's Range1.62 - 1.66
52 Week Range1.17 - 34.80
Volume167,095
Avg. Volume1,911,800
Market Cap17.3M
Beta-0.06
PE Ratio (TTM)-0.05
EPS (TTM)N/A
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
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  • PR Newswire5 days ago

    xG Technology Announces Early $3 Million Prepayment of $9.5 Million Vislink Promissory Note

    SARASOTA, Fla., Feb. 23, 2017 /PRNewswire/ -- xG Technology, Inc. ("xG" or the "Company") (Nasdaq: XGTI, XGTIW), a leading provider of wireless video solutions to broadcast, law enforcement and defense markets, and private mobile broadband networks for critical communications, today announced that it has paid down $3 million of the $9.5 million deferred payment it assumed in the acquisition of Vislink. The prepayment was made from internal funding sources, primarily existing cash and free cash flow, and reflects the desire of the Company to minimize the need for financing from external sources.

  • PR Newswire7 days ago

    xG Technology Announces New Management Appointments in Support of Realigned IMT and Vislink Businesses

    SARASOTA, Fla., Feb. 21, 2017 /PRNewswire/ -- xG Technology, Inc. ("xG" or the "Company") (Nasdaq: XGTI, XGTIW), a leading provider of wireless video solutions to broadcast, law enforcement and defense markets, and private mobile broadband networks for critical communications, today announced that James Walton has been appointed president of IMT Ltd., the new legal entity created by the acquisition of Vislink by xG. Mr. Walton, who previously served as the Chief Executive Officer of Vislink, will assume responsibility for the management of Vislink offices located in the United Kingdom, and all IMT and Vislink business operations outside of the Americas.

  • PR Newswire14 days ago

    xG Technology Closes $3,500,000 Public Offering

    SARASOTA, Fla., Feb. 14, 2017 /PRNewswire/ -- xG Technology, Inc. ("xG" or the "Company") (Nasdaq: XGTI, XGTIW), a leading provider of wireless video solutions to broadcast, law enforcement and defense markets, and private mobile broadband networks for critical communications, today announced the closing of its previously announced underwritten public offering of 1,750,000 shares of its common stock and warrants to purchase up to an aggregate of 1,312,500 shares of its common stock at a combined offering price of $2.00 per share and related warrant. Gross proceeds to xG Technology, Inc. from this offering are approximately $3,500,000 before deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company. The Company intends to use the net proceeds from this offering for working capital and to fund other general corporate purposes, including funding the costs of operating as a public company.  The Company may also use a portion of the proceeds to cover the remaining portion of its obligations in respect of its recent acquisition of Vislink Communications Systems.