Ezenia Inc (EZENQ) 0.0501 $EZENQ Ezenia! Inc. C
Post# of 273254
Ezenia! Inc. Closes Transaction With Windjammer; Announces Renewal Of Certain Of Its IWS Contracts
PR Newswire - Thu Jun 16, 10:30AM CDT
Ezenia! Inc. ("Ezenia" or the "Company" today announced that a newly formed subsidiary, Windjammer Holdings, Inc. ("WJ Holdings", has purchased from Windjammer Communications Holdings LLC and BenMark Investments LLC 100% of the equity interests in Windjammer Communications LLC ("Windjammer Communications" as well as certain cash on hand in exchange for preferred shares in the aggregate amount of approximately $636,000 issued by WJ Holdings and 19.5% of its common stock.
New Hampshire Bankruptcy Court Issues Favorable Decision to Ezenia! Inc.
PR Newswire - Thu Sep 03, 12:22PM CDT
Ezenia! Inc. ("Ezenia" or the "Company" today announced that the bankruptcy court has issued a favorable ruling for the Company in its years-long dispute with former CEO Khoa Nguyen. Specifically, the court (i) denied Nguyen's claims for severance benefits and federal income tax damages, (ii) limited Nguyen's allowed claims for deferred compensation, (iii) denied Nguyen's sanctions motion against the Company in their entirety, and (iv) granted the Company's sanctions motion against Nguyen in the amount of $45,000.
Ezenia! emerges from bankruptcy
M2 - Tue Jul 28, 7:17AM CDT
Ezenia! Inc. said it has emerged from Chapter 11 with financing provided by lenders including funds managed by MAST Capital Management, LLC.