Last $1.90 USD
Change Today -0.009 / -0.47%
Volume 3.3K
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As of 8:10 PM 07/9/14 All times are local (Market data is delayed by at least 15 minutes).

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08/6/13 - $7.22
52 Week Low
05/29/14 - $1.60
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voltari corp (VLTC) Details

Voltari Corporation, together with its subsidiaries, provides relevance-driven mobile advertising, mobile marketing, mobile merchandising, and predictive analytics solutions for mobile operators, brands, and agencies. The company offers Voltari-Connect, a data management platform that provides targeting capabilities to identify and attract mobile audiences based on customer preferences and interests. It also offers solution consulting services comprising defining mobile trends, analyzing effectiveness of existing solutions, and recommending programs and solutions to enhance the mobile data subscriber experience. The company’s solutions enable advertising agencies, consumer brands, and enterprises, and mobile operators to deliver mobile optimized, consumer-centric experiences that promote interaction, content consumption, and commerce across the mobile ecosystem. Voltari Corporation was founded in 2001 and is headquartered in New York, New York.

91 Employees
Last Reported Date: 03/31/14
Founded in 2001

voltari corp (VLTC) Top Compensated Officers

Acting Chief Executive Officer
Total Annual Compensation: $286.0K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $84.2K
Compensation as of Fiscal Year 2013.

voltari corp (VLTC) Key Developments

Voltari Corporation Appoints Bill Lawrence as Vice President, Engineering

Voltari Corporation announced the hiring of Bill Lawrence as Vice President, Engineering. Lawrence joined Voltari's senior team in May 2014 and will lead the Arizona office, the center of the company's data science and ad tech development. Reporting directly to CTO Dr. David Castillo, Lawrence is expected to play a key role in implementing Voltari's progressive strategy and product roadmap. Lawrence also brings his experience with larger scale projects, such as the development and deployment of complex routing algorithms across satellite communication networks, background that will enhance Voltari's already rich product-development resources.

Voltari Corporation Receives Non-Compliance Notice From NASDAQ

On May 22, 2014, Voltari Corporation received a letter from the NASDAQ Stock Market LLC (NASDAQ) advising that, based on the company’s Quarterly Report on Form 10-Q for the period ended March 31, 2014, the company does not meet the minimum $2.5 million stockholders’ equity value requirement for continued listing on the NASDAQ Capital Market pursuant to NASDAQ Marketplace Rule 5550(b)(1). The letter also stated that, as of May 21, 2014, the company did not satisfy the alternative requirements for continued listing based on market value of listed securities or net income from continuing operations pursuant NASDAQ Marketplace Rules 5550(b)(2) and 5550(b)(3), respectively. NASDAQ stated in its letter that, in accordance with the NASDAQ Listing Rules, the company will have 45 calendar days to submit a plan to regain compliance. If the plan is accepted, NASDAQ may grant an extension of up to 180 days from the company’s receipt of NASDAQ’s letter on May 22, 2014 to evidence compliance with the stockholders’ equity value, market value of listed securities or net income from continuing operations requirements. The company is reviewing the letter and considering an appropriate response.

Voltari Corporation Announces Management Changes

On December 20, 2013, Richard Stalzer resigned from his position as Chief Executive Officer of Voltari Corporation and from all other positions held at the Company, effective December 18, 2013. Effective December 20, 2013, the Board of Directors of the Company appointed Richard Sadowsky to the position of Acting Chief Executive Officer. In connection with this appointment, Mr. Sadowsky will relinquish his titles of Chief Administrative Officer and General Counsel.


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