Loud Technologies to voluntarily delist from NASDAQ
Feb 8, 2009 12:00 PM
Loud Technologies is in the process of delisting itself from the NASDAQ stock exchange.
Loud Technologies has submitted written notice to the NASDAQ of its intention to voluntarily delist its common stock from the exchange. The company anticipates completing the necessary Securities and Exchange Commission filings in short order.
Loud Technologies controls a number of pro audio, touring sound and music instrument brands: including EAW loudspeakers; Mackie mixers, loudspeakers and electronics; Ampeg, Blackheart and Crate amplifiers; Tapco electronics; Martin Audio loudspeakers; and Alvarez acoustic guitars.
In deciding to delist the company's common stock from NASDAQ and deregister its common stock under the Exchange Act, the Loud board of directors concluded that the costs of maintaining its listing on NASDAQ and remaining a public company outweigh the benefits to the company and its shareholders on continued NASDAQ listing and Exchange Act registration.
Rodney E. Olson, Loud Technologies CEO, said, “The burden in time and costs associated with public reporting obligations have a real effect on our results. In addition, due to our small market capitalization, we have not enjoyed many of the benefits traditionally associated with a NASDAQ listing. Our board believes that shareholder value is best served through reducing costs and focusing on our business plan rather than maintaining our current public reporting status and NASDAQ listing.”
This eBook provides both new and veteran shooters an in-depth understanding of the technology that lies between the camera lens and the recording medium and how to maximize a camera's performance.
File-based technologies have replaced video tape methods for a majority of production and broadcast operations. The worlds of AV and IT are coalescing to create new methods and workflows for media
Video compression, editing and displays is an in-depth tutorial on MPEG compression technology, editing MPEG content and evaluating color video monitors written by long-time video expert, trainer and writer Steve Mullen, Ph. D.
2012 will be the year of mobile DTV. That’s the view of Erik Moreno, who along with Salil Dalvi, senior VP for Mobile Platform Development at NBC Universal, is co-general manager of the Mobile Content Venture.
Hear snippets of podcast interviews done throughout 2011 with Pat McDonough of The Nielsen Company, Glen Friedman of Ideas & Solutions!, Danny Wilson of Pixelmetrix and Greg Herman of Watch TV. Pictured is Danny Wilson, Pixelmetrix.
