Pink Sheets: MathStar, Inc. (MATH) news stock charts
MathStar, Inc. (MATH/MATH.PK) Penny Investment Summary:
MathStar, Inc., a fabless semiconductor company, engages in the design, development, and marketing of semiconductor integrated circuits or chips, known as field programmable object arrays (FPOAs), in the United States. FPOAs are reprogrammable integrated circuits based on its proprietary silicon object technology. Its products include production FPOA chips, as well as associated design tools, evaluation boards and licenses, and application intellectual property. The company’s FPOAs consist of small, pre-designed, high-speed computing, and data storage elements or silicon objects that are arranged in a grid pattern along with internal and external memory and data input and output channels. Ma...www.sajan.com
75 Employees
Founded in 1997
MATHSTAR INC (MATH:OTC)
LAST $1.70 USD
CHANGE TODAY -0.03 -1.73%
VOLUME 2.2K
As of 8:10 PM 03/19/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of MATHSTAR INC (MATH)
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OPEN
$1.70
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PREVIOUS CLOSE
$1.73
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DAY HIGH
$1.75
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DAY LOW
$1.70
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52 WEEK HIGH
01/15/10 - $1.90
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52 WEEK LOW
04/15/09 - $0.76
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MARKET CAP
15.6M
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AVERAGE VOLUME 10 D
22.3K
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EPS TTM
$-0.22
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SHARES OUTSTANDING
9.2M
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MATH Does Not Pay Dividends
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P/E TTM
--
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| K = Thousands M = Millions B = Billions | ||
Key developments for MATHSTAR INC (MATH)
Sajan Announces Appointment of David Flynn as General Manager of the Sajan Office in Dublin, Ireland
01/18/2010
Sajan, Inc. announced the appointment of David Flynn as General Manager of the Sajan office in Dublin, Ireland. Flynn arrives at Sajan with 28 years of experience in both the technology and localization industries, having held numerous leadership roles across Europe and Asia. In his role as General Manager, Flynn will lead all initial startup activities for Sajan in Ireland, most-notably business development and operations. He will also be responsible for building a team, which will be charged with delivering Sajan language services and software in the European market.
Sajan, Inc. Launches New Software Company
10/28/2009
Sajan, Inc. announced the launch of Sajan Software, Ltd., a new wholly-owned subsidiary dedicated to advancing cloud-based translation technologies. Based in Dublin, Ireland, Sajan Software, Ltd. will drive and support the continued evolution of Sajan's leading edge translation management system, and its broader suite of localization solutions.
Sajan Inc. Launches New Software Company
10/20/2009
Sajan Inc. announced the launch of Sajan Software Ltd., a new wholly-owned subsidiary dedicated to advancing cloud-based translation technologies. Based in Dublin, Ireland, Sajan Software Ltd. will drive and support the continued evolution of Sajan's edge translation management system, and its broader suite of localization solutions. The launch celebrates Sajan's deep commitment to next generation software and global market leadership. At its core, Sajan Software is a world-class technology company offering advanced translation management technologies, such as its acclaimed GCMS(TM). The new company underscores Sajan's reputation for technological innovation in the localization industry, and officially positions its solutions as freestanding applications, to be used independently or in concert with the company's translation services.
MathStar, Inc. financial resources
MATH Competitors
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Industry Analysis
| Valuation | MATH | Industry Range |
| Price/Earnings | -- | Not Meaningful |
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| Price/Cash Flow | -- | Not Meaningful |
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MATH transactions
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| No transactions in the last 6 months. | ||
Pink Sheets: More Recent Financial News About MathStar, Inc.
SAJAN INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial Statements a
2010-03-04 04:38:48
Quote: Item 5.03Amendments to Articles of Incorporation or Bylaws
(a) Effective February 26, 2010, MathStar, Inc. (the "Company"), merged Sajan,
Inc., a wholly owned subsidiary that was newly organized as a
Delaware corporation, with and into the Company, to effect the change of the
Company's legal name to "Sajan, Inc." Pursuant to Section 253 of the General
Corporation Law of Delaware, such merger had the effect of amending the
Company's Restated Certificate of Incorporation (the ...Read article
MathStar Announces Name Change to Sajan, Inc.
2010-03-03 01:20:54
Quote: Upon designation of its new CUSIP number and trading symbol, the Company will file a Current Report on Form 8-K.The change in corporate name will not affect the validity or transferability of any existing stock certificates that bear the MathStar, Inc. name. Stockholders with MathStar certificates should continue to hold them. No action by certificate holders is required.About SajanOn February 23, 2010, Sajan, Inc., a privately held Minnesota corporation, was merged with and into Garuda Acquisit...Read article
MathStar Adopts Tax Benefit Preservation Plan Designed to Preserve Use of Net Operating Losses
2010-03-02 03:55:58
Quote: In addition, MathStar stockholders of record as of March 12, 2010 will be mailed a detailed summary of the Plan.About MathStarOn February 23, 2010, Sajan, Inc., a privately held company, was merged with and into Garuda Acquisition, LLC (the "Sub"), a wholly owned subsidiary of MathStar, Inc. The Sub survived the merger as a wholly owned subsidiary of MathStar, and has changed its name to Sajan, LLC. MathStar will continue the business of Sajan and operate as a provider of language translation te...Read article
MathStar Announces Name Change to Sajan, Inc.
2010-03-02 03:55:57
Quote: Upon designation of its new CUSIP number and trading symbol, the Company will file a Current Report on Form 8-K.The change in corporate name will not affect the validity or transferability of any existing stock certificates that bear the MathStar, Inc. name. Stockholders with MathStar certificates should continue to hold them. No action by certificate holders is required.About SajanOn February 23, 2010, Sajan, Inc., a privately held Minnesota corporation, was merged with and into Garuda Acquisit...Read article
MathStar completes purchase of Sajan
2010-02-26 01:38:34
Quote: The acquisition of Sajan Inc., a River Falls language translation service and technology provider, by MathStar Inc., of Hillsboro, Ore., has closed, the firms announced Tuesday.MathStar, a programmable chip company (Pink Sheets: MATH), entered into a merger agreement in January to buy Sajan for $6.1 million in cash, approximately $9.45 million in stock (7 million shares) and a promissory note, or loan, for $1 million.MathStar has one remaining employee, CEO Alex Danzberger Jr. The company ceased...Read article
MathStar Adopts Tax Benefit Preservation Plan Designed to Preserve Use of Net Operating Losses
2010-02-26 01:38:33
Quote: In addition, MathStar stockholders of record as of March 12, 2010 will be mailed a detailed summary of the Plan.About MathStarOn February 23, 2010, Sajan, Inc., a privately held company, was merged with and into Garuda Acquisition, LLC (the "Sub"), a wholly owned subsidiary of MathStar, Inc. The Sub survived the merger as a wholly owned subsidiary of MathStar, and has changed its name to Sajan, LLC. MathStar will continue the business of Sajan and operate as a provider of language translation te...Read article
MATHSTAR INC Files SEC form 8-K, Material Modification to Rights of Security Holders, Amendments to Articles of Inc.
2010-02-26 01:38:33
Quote: Item 3.03 "Material Modifications to Rights of Security Holders" is
incorporated herein by reference.
Item 3.03 Material Modification to Rights of Security Holders
On February 25, 2010, MathStar, Inc., a Delaware corporation (the
"Company"), entered into the Tax Benefit Preservation Plan and Rights Agreement
(the "Plan") with Wells Fargo Shareowner Services, a division of Wells Fargo
Bank, National Association, as Rights Agent. The Company's Board of Directors
a...Read article
MATHSTAR INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition
2010-02-26 01:38:33
Quote: The decision to change accounting firms was approved
by the audit committee of MathStar's board of directors.
The reports of PricewaterhouseCoopers LLP on the financial statements of
MathStar for the fiscal years ended December 31, 2007 and 2008 did not contain
an adverse opinion or disclaimer of opinion, and they were not qualified or
modified as to uncertainty, audit scope, or accounting principle, with the
exception of an explanatory paragraph for the year ended December 31, 2008
discussing M...Read article
MATHSTAR INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
2010-02-24 01:58:01
Quote: Regulation FD Disclosure.
On February 23, 2010, MathStar, Inc. ("MathStar") issued a press release
regarding the closing of the transactions under the Agreement and Plan of Merger
dated as of January 8, 2010 (the "Merger Agreement") by and among MathStar,
Sajan, Inc., Garuda Acquisition, LLC and Thomas Magne, solely in his capacity as
agent for the holders of the common stock of Sajan, Inc.The press release is
attached.The Merger Agreement was described in the Current Report...Read article
Sajan Shareholders Approve Proposed Merger With MathStar Subsidiary
2010-02-17 05:23:56
Quote: 8 /PRNewswire/ -- MathStar, Inc. (Pink Sheets: MATH.PK) ("MathStar") and Sajan, Inc., a Minnesota corporation ("Sajan"), jointly announced today that at a special meeting of shareholders held on February 8, 2010, Sajan's shareholders voted to approve the proposed merger of Sajan with Garuda Acquisition, LLC, a Delaware limited liability company and a wholly-owned subsidiary of MathStar (the "Sub"). Â As previously announced, on January 8, 2010, MathStar, Sajan, the Sub, and Thomas Magne, solel...Read article
MATHSTAR INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
2010-02-09 08:43:55
Quote: Regulation FD Disclosure.
On February 8, 2010, MathStar, Inc. (the "Company") and Sajan, Inc. ("Sajan"),
issued a joint press release regarding the approval by Sajan's shareholders of
the Agreement and Plan of Merger dated as of January 8, 2010 (the "Merger
Agreement") by and among MathStar, Sajan, Garuda Acquisition, LLC and Thomas
Magne, solely in his capacity as agent for the holders of the common stock of
Sajan at the special meeting of Sajan's shareholders hel...Read article
Sajan Shareholders Approve Proposed Merger With MathStar Subsidiary
2010-02-09 08:43:54
Quote: 8 /PRNewswire/ -- MathStar, Inc. (Pink Sheets: MATH.PK) ("MathStar") and Sajan, Inc., a Minnesota corporation ("Sajan"), jointly announced today that at a special meeting of shareholders held on February 8, 2010, Sajan's shareholders voted to approve the proposed merger of Sajan with Garuda Acquisition, LLC, a Delaware limited liability company and a wholly-owned subsidiary of MathStar (the "Sub"). Â As previously announced, on January 8, 2010, MathStar, Sajan, the Sub, and Thomas Magne, solel...Read article
MATHSTAR INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statements and E
2010-01-12 01:44:03
Quote: Item 1.01 Entry into a Material Definitive Agreement.
(a)On January 8, 2010, MathStar, Inc. ("MathStar") entered into an Agreement
and Plan of Merger (the "Merger Agreement") with Sajan, Inc. ("Sajan"); Garuda
Acquisition, LLC, a wholly-owned subsidiary of MathStar (the "Sub"); and Thomas
Magne, soley in his capacity as agent for the holders of common stock of Sajan.
The Merger Agreement provides that Sajan will merge with and into the Sub (the
"Merg...Read article
MATHSTAR INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
2010-01-01 01:38:26
Quote: Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b)At a meeting of the Board of Directors of MathStar, Inc. (the "Company") on
May 20, 2008, and in connection with the curtailment of the Company's
operations, the Board approved severance amounts for all of the Company's
employees, including Douglas M. Pihl, its Chief Executive Officer.The
severance payments subsequently were made to al...Read article
MATHSTAR INC Files SEC form 8-K, Regulation FD Disclosure
2009-12-02 03:42:27
Quote: Item 7.01 Regulation FD Disclosure.
On May 11, 2009, MathStar, Inc. received a letter containing an unsolicited
proposal by PureChoice, Inc. ("PCI") to enter into a merger transaction with
MathStar (the "Merger").As proposed by PCI, MathStar's stockholders would
receive cash consideration of $1.04 per share in the Merger for all of their
MathStar shares.
MathStar's Board considered and analyzed PCI's Merger proposal.It concluded
that PCI's proposal was not acceptable because...Read article
MATHSTAR INC Files SEC form 8-K, Change in Directors or Principal Officers
2009-11-27 22:41:44
Quote: Maerz resigned from the Board of Directors of
MathStar, Inc. (the "Company").Mr. Maerz said in his resignation letter to the
Company that the additional time he is spending on several Mercy Corps programs
and other activities made it impractical to spend his time on the critical
alternatives that the Company's Board of Directors is evaluating.Mr. Maerz had
previously determined not to stand for re-election at the Company's annual
meeting of stockholders to be held in 2009.Mr. Maerz was...Read article
MATHSTAR INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
2009-11-27 22:41:43
Quote: Regulation FD Disclosure.
On July 20, 2009, MathStar, Inc. (the "Company") issued a press release
regarding the extension of the exclusivity period during which the Company and
Sajan, Inc. are to negotiate a potential merger.The press release is attached.
Statements in this Current Report on Form 8-K, including the attached exhibit,
may be "forward-looking" in nature within the meaning of the Private Securities
Litigation Reform Act of 1995 and are subject to various risks, ...Read article
MATHSTAR INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
2009-11-27 22:41:43
Quote: Regulation FD Disclosure.
On July 10, 2009, at the annual meeting of stockholders of MathStar, Inc. (the
"Company"), the Company's management made the attached presentation to those
attending the annual meeting.
Statements in this Current Report on Form 8-K, including the attached exhibit,
may be "forward-looking" in nature within the meaning of the Private Securities
Litigation Reform Act of 1995 and are subject to various risks, uncertainties
and assumptions.These statemen...Read article
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