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Wednesday, December 31, 2014

Equity Trader Alert #2014 - 135
Nasdaq Announces New Listing of Qorvo, Inc. (QRVO) on January 2, 2015

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  • Industry Announcement

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Qorvo, Inc. (QRVO) is listing on Nasdaq following the closing of a merger involving TriQuint Semiconductor, Inc. (TQNT) and RF Micro Devices, Inc. (RFMD).   

Upon completion of the transaction TQNT and RFMD will be suspended from trading on Nasdaq and QRVO will undergo a 1 for 4 Reverse Split and then begin trading on Nasdaq. Shareholders of TQNT will receive .4187 of a share of post-split QRVO and shareholders of RFMD will receive .25 of a share of post-split QRVO. This transaction is expected to close on December 31, 2014.

Qorvo, Inc. is expected to list on Nasdaq January 2, 2015 subject to the closing of the merger transaction.  See details below:

Company: Qorvo, Inc.
Issue: Common Stock
CUSIP: 74736K101
Symbol: QRVO

For information regarding this announcement, contact Nasdaq Corporate Data Operations at +1 877 908 0523.

If you would like to register as a market maker in QRVO, contact Nasdaq Trading Operations at +1 212 231 5100.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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