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Wave Systems closes down 3.7% after mixed shelf filing

Nov. 18, 2014 4:35 PM ETWave Systems Corp. (WAVXQ) StockBy: Eric Jhonsa, SA News Editor
  • Wave Systems (NASDAQ:WAVX) has filed a $15M mixed shelf registration that paves the way for it to sell common stock, preferred stock, or warrants through future offerings.
  • Wave insists it has "no specific plans to offer securities under the registration statement at this time." The security tech developer had $4.3M in cash at the end of Q3, and no debt.

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Wave Systems Corp.