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As of 4:30 PM 07/24/14 All times are local (Market data is delayed by at least 15 minutes).

nexaira wireless inc (NXWI) Snapshot

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01/30/14 - $0.0014
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nexaira wireless inc (NXWI) Details

Nexaira Wireless Inc., together with its subsidiaries, engages in the development and distribution of third and fourth generation (3G/4G) wireless broadband routing solutions and communication software primarily in the United States and Canada. Its products include i3 GUI graphical user interface firmware for small office/home office (SOHO) and business class routers that displays a real time view of router status, including auto-configuration results of Internet wide area network (WAN) connections; and i3 GUI gadgets on the desktop, which provide end-users with instant knowledge of their Internet status and performance. The company also offers BCII, which offers enterprise or corporate networks over cellular broadband and supports traditional DSL, cable, T-1, or Ethernet, as well as provides automatic failover with anti-flap and virtual redundancy routing protocol for network stability; and business class security supporting virtual private networks with IPSec termination. In addition, its products comprise HANA (High Availability Network Adapter) that enables small and medium size business access to the convenience and speed of cellular networks for existing and new enterprise locations; and 3G/4G SOHO router, which provides instant Wi-Fi service to a home or office without data cabling or a wireline service. Further, the company offers customization services, marketing tools, provision, and airtime activations based on individual customer needs. It serves wireless and wireline carriers, mobile operators, managed service providers, value added resellers, distributors, and enterprise customers. Nexaira Wireless Inc. is headquartered in San Diego, California.

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nexaira wireless inc (NXWI) Key Developments

SEC Revokes Registration Of Registered Securities Of Nexaira Wireless, Inc

An Administrative Law Judge has issued an Initial Decision of Default as to Nexaira Wireless, Inc. The Initial Decision found that the company was issuer of securities registered pursuant to Section 12(g) of the Securities Exchange Act of 1934 (Exchange Act), and the company failed to comply with Section 13(a) of the Exchange Act and Exchange Act Rules 13a-1 and/or 13a-13 by not filing required periodic reports with the Securities and Exchange Commission (SEC). The Initial Decision finds these allegations to be true and revokes the registration of each class of the company’s registered securities, pursuant to Section 12(j) of the Securities Exchange Act of 1934.

SEC Orders Hearings On Registration Suspension Or Revocation Against Nexaira Wireless, Inc. For Failure To Make Required Periodic Filings

Securities and Exchange Commission (SEC or the commission) instituted public administrative proceeding to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of Nexaira Wireless, Inc. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that the company was delinquent in its required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceeding.


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