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Last $0.56 USD
Change Today -0.0005 / -0.09%
Volume 461.5K
VRNG On Other Exchanges
As of 8:10 PM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

vringo inc (VRNG) Key Developments

Vringo, Inc.(NasdaqCM:VRNG) dropped from Russell 2000 Index

Vringo, Inc. will be removed from Russell 2000 Index

Vringo, Inc.(NasdaqCM:VRNG) dropped from Russell 3000 Index

Vringo, Inc. will be removed from Russell 3000 Index.

Vringo Seeks Acquisitions

Vringo, Inc. (NasdaqCM:VRNG) filed a shelf registration in the amount of $55.38 million. A portion of the proceeds will be used for general corporate purposes, including, but not limited to, repayment of existing indebtedness, working capital, intellectual property protection and enforcement, capital expenditures, investments and acquisitions, including acquisitions of patent portfolios.

Vringo, Inc. Announces Executive Changes

On June 22, 2015, Vringo, Inc. entered into an Amendment No. 3 to that certain employment agreement, dated June 22, 2011, as amended, by and between the Company and Mr. Andrew Kennedy Lang. Pursuant to the Amendment, Mr. Lang’s role will change from President and Chief Technology Officer of the Company to a new role as the Head of Technology. Mr. Lang also resigned from his position as a member of the board of directors of the Company effective on June 22, 2015. Mr. Lang will assume the new role for a period commencing on June 22, 2015 and ending on December 31, 2016.

NASDAQ Grants Vringo Six-Month Extension To Regain Minimum Bid Price Compliance

Vringo, Inc. announced that on June 17, 2015 the Company was notified by The NASDAQ Stock Market LLC (NASDAQ) that it has granted the Company an additional 180-day grace period, or until December 14, 2015, to regain compliance with the minimum $1.00 bid price per share listing requirement.


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VRNG:US $0.56 USD -0.0005

VRNG Competitors

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Industry Analysis


Industry Average

Valuation VRNG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 39.2x
Price/Book 2.0x
Price/Cash Flow NM Not Meaningful
TEV/Sales 30.0x

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