Replies to post #223892 on Wave Systems Corp. (fka WAVXQ)

[jermart]

Seems erveryone has forgotten, I thought I'd throw this in the debate why the SP seems to be tanking have a great day. >>>>>>On January 30, 2012, Wave Systems Corp., a Delaware corporation (the "Company"), entered into an At Market Issuance Sales Agreement (the "Sales Agreement") with MLV & Co. ("MLV"), pursuant to which the Company, from time to time, may issue and sell through MLV, acting as the Company's sales agent, shares of the Company's Class A common stock. The Company's board of directors has authorized the issuance and sale of shares of the Company's Class A common stock under the Sales Agreement for aggregate gross sales proceeds of up to $20,000,000. Offers and sales of Class A common stock under the Sales Agreement will be made pursuant the Company's previously filed shelf registration statement on Form S-3 (File No. 333-175046), which was declared effective on July 22, 2011, and a prospectus supplement, dated January 30, 2012, and accompanying prospectus. The shelf registration statement registered the offer and sale of up to $30,000,000 aggregate offering price of the Company's Class A common stock and other securities; the maximum $20,000,000 covered under the Sales Agreement will be part of this $30,000,000.