Inventergy Global (NASDAQ: INVT) is trading 5% higher Friday mid-day after the intellectual property company announced its compliance for listing on Nasdaq. After completing its recent $6 million offering, Inventergy’s stockholders’ equity exceeded Nasdaq’s minimum requirement of $2.5 million. The company was also required to submit, by October 15, 2016, certain financial information including a plan of compliance through the rest of 2016 and 2017. Nasdaq accepted the plan submitted by Inventergy and has since confirmed the company’s compliance.
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About Inventergy Global, Inc.
Inventergy Global, Inc. is a Silicon Valley-based intellectual property company dedicated to identifying, acquiring and licensing patented technologies of market-significant technology leaders. Led by IP industry pioneer and veteran Joe Beyers, the Company leverages decades of corporate experience, market and technology expertise, and industry connections to assist Fortune 500 companies and other technology companies in leveraging the value of their innovations to achieve greater returns. For more information visit www.inventergy.com
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