Alien RFID IPO Off ...
Alien Technology, provider of UHF Radio Frequency Identification (RFID) products and services, has decided not to proceed with their initial public offering due to the conditions in the stock market for recent IPO's. Now, the company must focus on operational efficiency to manage their cash flow in order to support business growth. ...
... "Alien Technology Corporation today announced that the company has withdrawn its Registration Statement on Form S-1 with the Securities and Exchange Commission and has determined not to proceed with the registration and sale of its common stock at this time. No shares of the Company's common stock have been sold pursuant to the Registration Statement. The Company may undertake a subsequent private offering of securities in reliance on Rule 155(c) of the Securities Act. " ...
Alien RFID IPO Off: Via Alien Technology: Alien Technology Withdraws Registration Statement for Initial Public Offering ...
Labels: alien-rfid, alien-technology, alienrfid, company, efficiency, growth, itservices, market, operational-efficiency, rfid, rfid-company, services, stock

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