Key Developments: Crexendo Inc (EXE.A)

EXE.A on American Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Crexendo, Inc announces voluntary delisting of common stock
Wednesday, 24 Dec 2014 06:03am EST 

Crexendo, Inc:Notifies New York Stock Exchange MKT Exchange of its decision to voluntarily delist its common stock from NYSE.Intends to file a Form 25 with the Securities and Exchange Commission to voluntarily delist its common stock on or about Jan. 02, 2015.Delisting from NYSE is expected to become effective 10 days after the filing date of the Form 25.After delisting from NYSE company expects its common shares will be traded on the OTCQX U.S. quotation system (OTC).A new trading symbol will be allocated on the first day of trading on the OTC.  Full Article

Crexendo Inc Announces Asset Purchase Of PBX Holdings, LLC-DJ
Tuesday, 4 Jun 2013 04:00pm EDT 

Dow Jones reported that Crexendo Inc announced the asset purchase of PBX Holdings, LLC d/b/a PBX Central, a premium provider of hosted telephone services for business, effective June 1, 2013. PBX Central provides an advanced hosted platform of highly reliable features and benefits to both end user businesses and value added resellers. PBX Central offers hosted communications service to more than 40 service provider partners and tens of thousands of end user customers. This purchase will transfer the complete technology, infrastructure and customers of PBX Central to Crexendo. While Crexendo is not acquiring any employees in the transaction, Crexendo has entered into a consulting agreement with one of the principals to assure a smooth transition and no disruption to any customers.  Full Article

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