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Tuesday, November 8, 2016

Equity Trader Alert #2016 - 288
Information regarding Novatel Wireless, Inc. (MIFI) new holding company.

Category:

  • Industry Announcement

Markets Impacted:

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Novatel Wireless, Inc. announced plans to reorganize and create a new public holding company, Inseego Corp. As a result of the holding company reorganization, each share of Common Stock (MIFI) will automatically convert into an equivalent corresponding share of Inseego Corp Common Stock.

The impact to the listed securities is a name, symbol and CUSIP change, effective Wednesday, November 9, 2016.. See information below for details:

Company/Parent: Novatel Wireless, Inc. Common Stock
CUSIP: 66987M604
Symbol: MIFI
New Name: Inseego Corp. Common Stock
New CUSIP:
 45782B104
New Symbol:
 INSG

If you would like to register as a market maker in INSG contact Nasdaq Trade Desk at +1 212 231 5100.

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