Ability

Seaena, Inc. distributed etched crystal goods for the corporate and retail markets primarily in the United States, China and Europe. The company was founded in 1989 and was headquartered in Las Vegas, NV.

On Dec. 24, 2019, Ability Inc. (NASDAQ:ABIL) received a letter dated the prior day informing the company that the Nasdaq Hearings Panel has decided to delist its common shares and will suspend trading effective at market opening on Dec.

Ability Inc. Hits Rock Bottom on NASDAQ Delisting Announcement

TEL AVIV, ISRAEL, Dec.  24, 2019  (GLOBE NEWSWIRE) --  Ability Inc. (Nasdaq: ABIL) (the “Company”), a leading provider of innovative tactical communications intelligence solutions, today announced that      it received a letter, dated December 23, 2019, from the Nasdaq Hearings Panel of The Nasdaq Stock Market LLC informing the Company that the Panel has determined to delist the Company’s ordinary shares from the Nasdaq and will suspend trading in the shares effective at the open of business on December 26, 2019.

Ability Inc. Announces Delisting From Nasdaq

TEL AVIV, ISRAEL, Dec.  10, 2019  (GLOBE NEWSWIRE) --  Ability Inc. (Nasdaq: ABIL) (the “Company”), a leading provider of innovative tactical and strategic communications intelligence solutions, today announced that on December 9, 2019, it has entered into a settlement, together with its wholly-owned subsidiary Ability Computer & Software Industries Ltd. (“ACSI”), with the Securities and Exchange Commission (“SEC”) to resolve the previously disclosed SEC enforcement action against the Company and ACSI. The settlement is subject to approval by the United States District Court for the Southern District of New York (the “Court”).

Ability Inc. Announces Securities and Exchange Commission Settlement

TEL AVIV, ISRAEL, Dec.  03, 2019  (GLOBE NEWSWIRE) --  Ability Inc. (Nasdaq: ABIL) (the “Company”), a leading provider of innovative tactical and strategic communications intelligence solutions, today announced that on November 29, 2019, it has entered into, through its wholly-owned subsidiary Ability Computers and Software Industries Ltd. (“ACSI”), into new contracts for selling  its strategic  interception solutions.  According to the contracts, ACSI is expected to receive fees in the aggregate amount of up to $9.0 million, subject to certain approvals from local authorities and systems acceptances.

Ability Inc. Announces Entry into New Contracts

TEL AVIV, ISRAEL, Nov.  08, 2019  (GLOBE NEWSWIRE) -- Ability Inc. (NASDAQ: ABIL) (the “Company”), a leading provider of innovative tactical communications intelligence solutions, today announced that on November 6, 2019, it received a determination letter (the “Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that it did not comply with the Listing Rule 5550(b) (the “Equity Rule”) for continued listing on the Nasdaq Capital Market, which requires the Company to have a minimum of $2,500,000 in stockholders’ equity or market value of listed securities of $35 million or net income from continuing operations of $500,000 in the most recently completed fiscal year or two of the last three most recently completed fiscal years.

Ability Inc. Announces Receipt of Delisting Notification Letter From Nasdaq

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