UTStarcom Reschedules Extraordinary General Meeting of Shareholders to June 28 and Releases Proxy Statement
UTStarcom has announced the rescheduling of its extraordinary general meeting of shareholders to June 28, 2022, at 10:00 a.m. China Standard Time.
Sentiment and the balance of points
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Rhea-AI Summary
UTStarcom has announced the rescheduling of its extraordinary general meeting of shareholders to June 28, 2022, at 10:00 a.m. China Standard Time. The company has also released its proxy statement, now accessible on its website. UTStarcom, a global telecommunications infrastructure provider based in Hangzhou, China, focuses on innovative communication services, particularly in Japan and India. The company was founded in 1991 and went public on Nasdaq in 2000 under the ticker UTSI.
Positive
- Rescheduled extraordinary general meeting could foster greater shareholder engagement.
- Release of proxy statement enhances transparency for shareholders.
Negative
- None.
Details
News Market Reaction – UTSI
The recorded move for UTSI in the trading session of this news was -17.51%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HANGZHOU, China, May 27, 2022 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today announced that the extraordinary general meeting of shareholders is rescheduled to Tuesday, June 28, 2022, at 10:00 a.m. China Standard Time
The Company also released its proxy statement, which can be accessed on UTStarcom's website at https://www.utstar.com/?q=investor-relations/sec-filing.
About UTStarcom Holdings Corp.
UTStarcom is committed to helping network operators offer their customers the most innovative, reliable and cost-effective communication services. UTStarcom offers high performance advanced equipment optimized for the most rapidly growing network functions, such as mobile backhaul, metro aggregation and broadband access. UTStarcom has operations and customers around the world, with a special focus on Japan and India. UTStarcom was founded in 1991 and listed its shares on the Nasdaq Market in 2000 (symbol: UTSI). For more information about UTStarcom, please visit http://www.utstar.com.
For investor and media inquiries, please contact:
UTStarcom Holdings Corp.
Tel: +86 571 8192 8888
Ms. Shelley Jiang, Investor Relations
Email: utsi-ir@utstar.com / Shelleyjiang@utstar.com /
In the United States:
The Blueshirt Group
Mr. Gary Dvorchak
Email: gary@blueshirtgroup.com
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