Latest Backweb Tech Ltd (BWEBF) Headlines Bac
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Posted On: 03/09/2014 5:04:34 AM
Latest Backweb Tech Ltd (BWEBF) Headlines
BackWeb Shareholders Approve Voluntary Liquidation of the Company, Appoint Liquidator
Business Wire - Fri Mar 07, 12:57PM CST
BackWeb Technologies Ltd. (OTC Pink:BWEBF) announced that at the Extraordinary General Meeting of Shareholders (EGM) held yesterday, shareholders overwhelmingly approved the Board's recommendation to liquidate the Company, cease operations and appoint Mr. Yoav Kfir as the liquidator who will wind up the Company and return all remaining cash, after expenses, to shareholders.
BackWeb Sets March 6th Vote for Shareholders to Approve Planned Liquidation of the Company
Business Wire - Wed Feb 05, 7:35AM CST
BackWeb Technologies Ltd. (OTC Pink: BWEBF) announced today that it will hold an Extraordinary General Meeting of Shareholders (EGM) on March 6, 2014 to approve the Board's recommendation to liquidate the Company, cease operations and appoint a liquidator who will wind up the Company and return all remaining cash to shareholders. A proxy statement and card is being distributed to shareholders and should be received in mid-February.
BackWeb Advances Liquidation Plans and Publishes Audited 2012 Financial Statements
Business Wire - Tue Dec 03, 12:32PM CST
BackWeb Technologies Ltd. (OTC Pink: BWEBF) today published its audited financial statements for the year ended December 31, 2012. The audited financial statements are available at www.backweb.com/news.
BackWeb Reports Progress on Liquidation Plans
Business Wire - Wed Aug 28, 6:03AM CDT
--- Favorable Israeli Tax Ruling Received -
BackWeb Plans to Liquidate and Return Net Cash to Shareholders; Shareholder Approval Required to Proceed with Liquidation; Total Process Estimated to Take 6-12 Months after Approval
Business Wire - Mon Mar 25, 6:03AM CDT
BackWeb Technologies Ltd. (OTC Pink: BWEBF) announced today that its Board of Directors has approved a plan to liquidate the Company and distribute all of its net cash to shareholders on a pro rata basis. The decision expands upon an earlier plan to distribute a substantial portion of the Company's cash to shareholders and requires approval by shareholders (75% of all shares voted) as well as the satisfaction of legal and regulatory requirements. BackWeb also reported it has sold the remaining rights to its patent portfolio, thus ending its patent licensing activity. The Company also provided an unaudited balance sheet as of February 28, 2013 and posted its audited 2011 annual report on its website at http://www.backweb.com/news.
BackWeb Shareholders Approve Voluntary Liquidation of the Company, Appoint Liquidator
Business Wire - Fri Mar 07, 12:57PM CST
BackWeb Technologies Ltd. (OTC Pink:BWEBF) announced that at the Extraordinary General Meeting of Shareholders (EGM) held yesterday, shareholders overwhelmingly approved the Board's recommendation to liquidate the Company, cease operations and appoint Mr. Yoav Kfir as the liquidator who will wind up the Company and return all remaining cash, after expenses, to shareholders.
BackWeb Sets March 6th Vote for Shareholders to Approve Planned Liquidation of the Company
Business Wire - Wed Feb 05, 7:35AM CST
BackWeb Technologies Ltd. (OTC Pink: BWEBF) announced today that it will hold an Extraordinary General Meeting of Shareholders (EGM) on March 6, 2014 to approve the Board's recommendation to liquidate the Company, cease operations and appoint a liquidator who will wind up the Company and return all remaining cash to shareholders. A proxy statement and card is being distributed to shareholders and should be received in mid-February.
BackWeb Advances Liquidation Plans and Publishes Audited 2012 Financial Statements
Business Wire - Tue Dec 03, 12:32PM CST
BackWeb Technologies Ltd. (OTC Pink: BWEBF) today published its audited financial statements for the year ended December 31, 2012. The audited financial statements are available at www.backweb.com/news.
BackWeb Reports Progress on Liquidation Plans
Business Wire - Wed Aug 28, 6:03AM CDT
--- Favorable Israeli Tax Ruling Received -
BackWeb Plans to Liquidate and Return Net Cash to Shareholders; Shareholder Approval Required to Proceed with Liquidation; Total Process Estimated to Take 6-12 Months after Approval
Business Wire - Mon Mar 25, 6:03AM CDT
BackWeb Technologies Ltd. (OTC Pink: BWEBF) announced today that its Board of Directors has approved a plan to liquidate the Company and distribute all of its net cash to shareholders on a pro rata basis. The decision expands upon an earlier plan to distribute a substantial portion of the Company's cash to shareholders and requires approval by shareholders (75% of all shares voted) as well as the satisfaction of legal and regulatory requirements. BackWeb also reported it has sold the remaining rights to its patent portfolio, thus ending its patent licensing activity. The Company also provided an unaudited balance sheet as of February 28, 2013 and posted its audited 2011 annual report on its website at http://www.backweb.com/news.
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