BroadVision Regains Compliance with Nasdaq Listing Standards
May 28 2019 - 4:31PM
BroadVision, Inc. (Nasdaq: BVSN), a leading provider of e-business
and engagement management solutions, announced today that on May
22, 2019, it received written notice from The Nasdaq Stock Market
(“Nasdaq”) confirming that the Company has regained compliance with
the minimum stockholders’ equity requirement as set forth in Nasdaq
Listing Rule 5550(b)(1). Nasdaq considers the matter closed.
About BroadVision Driving
innovation since 1993, BroadVision (Nasdaq: BVSN) provides
e-business solutions that enable the enterprise and its employees,
partners, and customers to stay actively engaged, socially
connected, and universally organized to achieve greater business
results. BroadVision solutions—including Vmoso for virtual, mobile,
and social business collaboration, and Clearvale for enterprise
social networking, both of which are now owned and being developed
by BroadVision’s consolidated 19.9%-owned subsidiary, Vmoso, Inc.
(“VMSO”)—are available globally in the cloud via the Web and mobile
applications. Visit www.BroadVision.com for more details.
BroadVision, Business Agility Suite, Commerce
Agility Suite, QuickSilver, Vmoso, and Clearvale are trademarks or
registered trademarks of BroadVision, Inc. or VMSO in the United
States and other countries. All other company names, product names,
and marks are the property of their respective owners.
Information Concerning Forward-Looking
Statements
Information in this release that involves
expectations, beliefs, hopes, plans, intentions or strategies
regarding the future, including statements regarding the ability of
BroadVision’s solutions to enhance customers’ businesses and enable
them to achieve greater business results, are forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and within the meaning of Section 21E of the
Securities Exchange Act of 1934, as amended, which involve risks
and uncertainties that could cause actual results to differ
materially from those expressed or implied in the forward-looking
statements. These risks and uncertainties include without
limitation uncertainty regarding market acceptance of BroadVision’s
and VMSO’s products and services, BroadVision’s ability to provide
reliable, scalable and cost-efficient Cloud-based offerings,
BroadVision’s ability to effectively compete in its intensely
competitive market and response effectively to rapidly changing
technology, evolving industry standards and changing customer
needs, requirements or preferences, and the other risks set forth
in BroadVision’s most recent quarterly report on Form 10-Q, and
subsequent reports filed with the Securities and Exchange
Commission. All forward-looking statements included in this release
are based upon information available to BroadVision as of the date
of this release, and BroadVision assumes no obligation to update or
correct any such forward-looking statements except as required by
law. These statements are not guarantees of future performance and
actual results could differ materially from BroadVision’s current
expectations.
BroadVision Contact:Pehong
ChenInvestor Relations(650) 331-1000Ir1@broadvision.com
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