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Alvarion delisted from Nasdaq, to begin trading on OTC market today

  • Alvarion (ALVR) will be delisted from the Nasdaq effective today due to its failure to complete receivership proceedings by the Jan. 13 extension date.
  • Shares on the Tel Aviv exchange will be suspended simultaneously.
  • Shares will begin trading on the OTC market at the open today under the symbol ALVRQ.
  • The company has 15 days to appeal the decision.
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