ComSovereign Holding

COMSovereign Holding Corp. engages in the provision of solutions to network operators, mobile device carriers, governmental units and other enterprises worldwide. It offers LTE Advanced and 5G-New Radio telecom solutions to network operators and enterprises. The company was founded by Daniel L. Hodges and John E. Howelon April 17, 2014 and is headquartered in Tucson, AZ.

TUCSON, Ariz. , March 1, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems, today announced the receipt of formal notification from The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company has regained compliance with Nasdaq's minimum bid price requirement by evidencing a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days.

COMSovereign Regained Compliance with Nasdaq Listing Criteria

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- Quarterly Revenue from Continuing Operations Increases by Approximately 16% and Total Operating Expenses Reduced by Over 70% Versus Year-Ago Quarter as Business Refocusing and Cost Cutting Activities Accelerate - TUCSON, Ariz. , Feb. 27, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems announced the filing of its quarterly report on Form 10-Q for the period ended September 30, 2022.

COMSovereign Files 10-Q For the Quarter Ended September 30, 2022 Regaining "Current Filer" Status with the Security and Exchange Commission and Nasdaq

New 5G System to Focus on Secure, Private, Low-Cost and Delay-Sensitive Applications in Drones, Autonomous Vehicles, Mobile Edge Computing and Public Safety DALLAS and DENTON, Texas , Feb. 21, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems and solutions and the University of North Texas ("UNT") College of Engineering, today announced agreement on the development and launch of a new 5G Edge-Centric research platform funded in part by a new grant from the North Central Texas Council of Governments (NCTCOG). Under terms of the 5G research program, COMSovereign and UNT will develop an edge-centric hosted 5G infrastructure test platform for secure, private, low-cost, and delay–sensitive applications.

COMSovereign and the University of North Texas Collaborate on 5G Edge-Centric Hosted Infrastructure Test Platform Under Newly Issued State Research Grant

Advanced AI and Extreme Interference Protection Continues to Drive Industry-Leading Performance in the Most Demanding Network Environments TUCSON, Ariz. , Feb. 16, 2023 /PRNewswire/ -- As wireless networks increasingly need to expand and adapt to the explosive growth of traffic driven by the ongoing rollouts of 5G and Internet of Things ("IoT") technology, COMSovereign Holding Corp.'s (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company") Fastback Networks intelligent backhaul radio systems remain a top choice for service providers.

COMSovereign's Fastback Radios Continue to Solve Critical Last-Mile Wireless Connectivity Challenges Enabling Rapid Network Expansion and Revenue Generation for Operators

Programs to Feature Sales of DragonWave and Fastback Radios in Response to New Government Restrictions on Exports to Chinese Equipment Manufacturers TUCSON, Ariz. , Feb. 15, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems today, in response to an increased number of inquiries from domestic wireless networks and service providers, is launching a refocused sales initiative designed to facilitate the continued replacement of Chinese-made telecommunications hardware currently installed by U.S. network operators.

COMSovereign Renews "Rip and Replace" Radios Sales Program for U.S.-Based Wireless Network Operators and Service Providers

Debt Reduction is a Critical Element of the Business Transition Plan as the Company Continues to Streamline Operations, Reduce Costs, and Identify Additional Revenue-Generating Opportunities TUCSON, Ariz. , Feb. 13, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems today provided an update on its debt reduction efforts.

COMSovereign Announces an 80% Year-Over-Year Reduction of Outstanding Secured Debt

TUCSON, Ariz. , Feb. 10, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems announced that its Board of Directors approved a 1-for-100 reverse stock split of its common stock shares and that the common stock shares will begin trading on a split-adjusted basis at the commencement of trading today, January 10, 2023.

COMSovereign Announces Reverse Split

ComSovereign (NASDAQ: COMS ) stock is seeing massive gains this morning, which has some investors wondering what's happening with its shares. That comes as shares of COMS stock are gaining more than 8,500% in pre-market trading today.

Why Is ComSovereign (COMS) Stock Up 8,500% Today?

- Shareholders Vote to Approve All Proposals; Company to Effectuate Reverse Stock Split Effective Prior to Market Open on February 10, 2023 - TUCSON, Ariz. , Feb. 9, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems announced the results of its Annual Stockholder Meeting held on February 8, 2023.

COMSovereign Announces Results of its 2022 Annual Meeting

- Company Makes Continued Progress in Business Transition and in Efforts to Regain Compliance with Nasdaq Listing Requirements - TUCSON, Ariz. , Jan. 30, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS) (NASDAQ: COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems announced the filing of its quarterly report on Form 10-Q for the period ended June 30, 2022, a requirement under its continued listing on the Nasdaq Capital Market.

COMSovereign Files 10-Q For the Quarter Ended June 30, 2022

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- Company Sets February 8, 2023 as New Annual Meeting Date – TUCSON, Ariz. , Jan. 18, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G Communication Systems and Solutions today issued the following update regarding its 2022 Annual Meeting of Shareholders: To Our COMSovereign Stockholders: Recently you received proxy materials related to the upcoming Annual Meeting of Stockholders of COMSovereign Holding Corp. The Company has adjourned the Annual Meeting to February 8, 2023 at 3:30 p.m.

COMSovereign Issues Update Regarding Adjournment of Annual Meeting of Stockholders and Reminder to Vote

DALLAS , Jan. 10, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G Communication Systems and Solutions today issued the following CEO Update Letter: To Our COMSovereign Stakeholders: As we enter the New Year, I wanted to write to you regarding the progress our team has made against a few of the critical path items I outlined in my last CEO update and touch upon some of the important issues for our shareholders. Since I last wrote to you, I have committed to become COMSovereign's CEO and President.

COMSovereign Issues New Year CEO Update Letter

Transaction Continues Business Transition, Reduces Operating Expenses DALLAS , Jan. 5, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G Communication Systems and Solutions today announced that it has entered into a settlement agreement and sale of RVision, Inc. ("RVision") The Company has agreed to sell all the issued and outstanding capital stock of RVision to the buyers in exchange for the settlement of two outstanding lawsuits. David Knight, CEO and President of COMSovereign Holding Corp., said, "The disposition of RVision is another step in our ongoing business transition, reducing our non-wireless connectivity products and associated operating expenses, while eliminating the uncertainties and costs of related litigation.

COMSovereign Announces Disposition of RVision Inc.

Transaction Advances the Company's Refocusing Efforts on its 4G LTE and 5G Wireless Connectivity Solutions DALLAS , Dec. 22, 2022 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS) and (NASDAQ: COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems and solutions, today announced an agreement to sell its Israel-based, Sky Sapience ("SKS") tethered drone unit to Titan Innovations ("Titan") for total cash consideration of $1.8 million. Titan Innovations, based in Israel, is a developer of specialized, fully integrated unmanned systems and solutions designed for civilian and military applications.

COMSovereign Announces the Sale of its Sky Sapience Drone Subsidiary

DALLAS , Dec. 16, 2022 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems announced the filing yesterday of its quarterly report on Form 10-Q for the period ended March 31, 2022, a requirement under its continued listing on the Nasdaq Capital Market. As announced on December 1, 2022, the Nasdaq Hearings Panel (the "Panel") granted the Company's request for continued listing on The Nasdaq Capital Market ("Nasdaq").

COMSovereign Files 10-Q For the Quarter Ended March 31, 2022 as Part of Ongoing Plan to Regain Compliance with Nasdaq Listing Requirements

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DALLAS , Dec. 1, 2022 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems and solutions, today announced that on November 29, 2022, a Nasdaq Hearings Panel (the "Panel") granted its request for continued listing on The Nasdaq Capital Market ("Nasdaq"). The Company's continued listing on Nasdaq is subject to its evidencing compliance with the minimum bid price requirement by February 2, 2023, and the filing requirements of timely periodic financial reports with the Securities and Exchange Commission, including filing its quarterly reports on Form 10-Q, all to be filed by February 24, 2023, and certain other conditions.

COMSovereign Receives Approval for Continued Nasdaq Listing

- Company to Continue Corporate Transition, Focusing on Revenue Generation Activities in its Wireless Connectivity and Tethered Drone Units - DALLAS , Nov. 29, 2022 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems and solutions, today announced that the Board of Directors has unanimously appointed David Knight as Chief Executive Officer, President, and a Director of the Company on November 23, 2022. Mr.

News for ComSovereign Holding Stock (COMS)