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DragonWave Inc (DRWI)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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Open0.21
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Ask0.00 x 0
Day's Range0.00 - 0.00
52 Week Range
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  • CNW Group16 days ago

    DragonWave Announces Director Resignations and Delisting from TSX and NASDAQ

    DragonWave Announces Director Resignations and Delisting from TSX and NASDAQ

  • PR Newswire16 days ago

    DragonWave Announces Director Resignations and Delisting from TSX and NASDAQ

    OTTAWA, Aug. 1, 2017 /CNW/ - DragonWave Inc. (DRWI)(DRWI) ("DragonWave" or the "Company") announces today that, effective immediately upon the appointment by the Ontario Superior Court of Justice of KSV Kofman Inc. as receiver (the "Receiver") over the business and assets of the Company, each of Peter Allen, Claude Haw, Cesar Cesaratto and Lori O'Neill have resigned from the Company's board of directors. The Receiver has been advised that the Continued Listing Committee of the Toronto Stock Exchange ("TSX") has determined to delist the Company's common shares effective at the close of market on August 30, 2017.

  • PR Newswire16 days ago

    DragonWave Inc. Reports Appointment of Receiver

    TORONTO, July 31, 2017 /CNW/ - DragonWave Inc. (DRWI) (DRWI) (the "Company" or "DragonWave") reports that, on the application of Comerica Bank as Agent for DragonWave's senior lenders, the Ontario Superior Court of Justice (Commercial List) (the "Court") has appointed KSV Kofman Inc. as receiver and receiver and manager ("Receiver") over all of the property, assets and undertakings of DragonWave pursuant to section 243(1) of the Bankruptcy and Insolvency Act and section 101(1) of the Courts of Justice Act. The Receiver expects to return to Court shortly to seek approval of a sale process for DragonWave's business and assets in order to provide an opportunity for interested purchasers or investors to submit going concern bids in an effort to preserve the Company's business and maximize value for all stakeholders.  It is currently anticipated that the Company will continue to operate in the normal course during the sale process.