Netlist Inc (NLST.OQ) Key Developments | Reuters.com
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Netlist Inc (NLST.OQ)

NLST.OQ on NASDAQ Stock Exchange Global Market

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27 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Netlist reports Q1 loss of $0.03 per share
Tuesday, 17 May 2016 04:44pm EDT 

Netlist Inc : Netlist reports first quarter 2016 results . Q1 loss per share $0.03 .Q1 revenue rose 118 percent to $4.6 million.  Full Article

Netlist Inc announces strategic partnership with Samsung Electronics Co Ltd
Thursday, 19 Nov 2015 07:00am EST 

Netlist Inc:Announces strategic partnership with Samsung Electronics Co Ltd for new storage class memory.Under terms of agreement, which includes licensing of each company's respective patent portfolios, Netlist will receive $23 million.Says agreement calls for additional exchange of consideration as progress is made toward market introduction of the product.Says companies plan to sample NV-P products with select customers in 2016.  Full Article

Netlist and LG Electronics to actively cooperate on development of HyperVault Mobile Memory Controller
Tuesday, 28 Apr 2015 07:30am EDT 

Netlist Inc:Enters into letter of intent (LOI) with LG Electronics, Inc. (LG) to jointly work on a HyperVault Mobile Memory Controller (HVMMC) with the intention of adopting HVMMC on a next generation mobile system of LG Electronics.Under the LOI, it is expected that Netlist and LG would combine the strengths of both companies to actively cooperate to build superior mobile memory controller for smart phones.The new HVMMC would benefit the end user by allowing a mobile system to reduce DRAM density, and therefore lower costs, without loss of system performance.The worldwide shipment of smartphones is anticipated to reach 1.9 billion units by 2018 according to forecasts by CCS Insight.It is expected that a growing share of those units will use a minimum of 3GB of DRAM or above.  Full Article

Netlist Inc announces closing of underwritten public offering of common stock
Tuesday, 24 Feb 2015 12:51pm EST 

Netlist Inc:Closes underwritten public offering of 8,846,154 common shares at a price to the public of $1.30 per share.Number of shares Netlist sold in the offering includes the underwriter's full exercise of its over-allotment option of 1,153,846 common shares.Estimates net proceeds from the offering to be about $10.4 mln, after deducting underwriting discounts and commissions and estimated offering expenses.Intends to use the proceeds from the offering for general corporate purposes.Craig-Hallum Capital Group LLC acted as sole underwriter of the offering.  Full Article

Netlist Inc prices of 7,692,308 share follow-on offering
Thursday, 19 Feb 2015 07:38am EST 

Netlist Inc:Prices underwritten public offering of 7,692,308 shares of common stock at a price to public of $1.30 per share.Grants underwriter the option to purchase up to an additional 1,153,846 shares of common stock to cover over-allotments, if any, at the price to public.Offering is expected to close on or about Feb. 24.Total gross proceeds of the offering are expected to be about $10.0 mln.After deducting the underwriter's discount and other estimated offering expenses payable by Netlist, the net proceeds are expected to be about $9.0 mln.Intends to use the net proceeds for general corporate purposes.Craig-Hallum Capital Group LLC is acting as sole underwriter of the offering.  Full Article

Netlist Inc announces proposed public offering of common stock
Wednesday, 18 Feb 2015 04:21pm EST 

Netlist Inc:Proposes underwritten public offering of its common stock, subject to market and other conditions.In addition, Company intends to grant the underwriter an option to purchase additional shares equal to up to 15 pct of the aggregate number of shares to be sold in the offering.Intends to use the net proceeds from the offering, if completed, for general corporate purposes.Craig-Hallum Capital Group LLC is acting as sole underwriter for the offering.  Full Article

Netlist NVvault designed into Microsoft Cloud
Tuesday, 3 Feb 2015 09:30am EST 

Netlist Inc:Says that its NVvault NVDIMM has been designed into a new server platform for the Microsoft Cloud.  Full Article

Netlist Inc files for secondary public offerings
Thursday, 16 Oct 2014 08:00pm EDT 

Netlist Inc:Offers amount of $40,000,000 to be listed on Nasdaq National Market.  Full Article

Diablo Technologies sues Netlist for unfair business practices
Thursday, 25 Sep 2014 08:30am EDT 

Diablo Technologies:Files a lawsuit in the United States District Court, Northern District of California against Netlist for unfair business practices that violate Diablo's Intellectual Property rights.MCS-based products and the Netlist HyperCloud(tm) DIMM are designed to serve different purposes and are not interchangeable.Contract between the two companies clearly assigns legal ownership of the implementation IP in the HyperCloud chipset to Diablo.As a result, Diablo is seeking damages for breach of contract for Netlist's attempt to usurp the company's IP rights.  Full Article

BRIEF-Netlist reports Q1 loss of $0.03 per share

* Q1 revenue rose 118 percent to $4.6 million Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)