Associated tags: Telecommunications, Software, Nanotechnology, Patient, Nursing
Locations: NEW YORK, NEW YORK CITY, FRANCE, ITALY, MARYLAND, BALTIMORE, WASHINGTON, DISTRICT OF COLUMBIA, TENNESSEE, CONNECTICUT, CHICAGO, IL, LOS ANGELES, TURKEY, EU, AZERBAIJAN, NORTHROP, NASHVILLE, TN, US, FALLS, LUNA, UNITED STATES, NORTH AMERICA, VIRGINIA, UNITED STATES OF AMERICA, PT, HAWAII
Technology,
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Cryptocurrency This Notice has no immediate effect on the listing of the Company's shares on Nasdaq.
Key Points:
- This Notice has no immediate effect on the listing of the Company's shares on Nasdaq.
- However, if the Company fails to timely regain compliance with the Rule, the Company's common stock will be subject to delisting from Nasdaq.
- As previously disclosed, the Company has until June 3, 2024 to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule.
- The Company is working diligently to complete its Form 10-K and Form 10-Q and will provide an update once more information is available.
Luna Innovations Incorporated (NASDAQ: LUNA) (“Luna” or the “Company”), a global leader in advanced fiber optic-based technology, today announced two inducement grants pursuant to its 2024 Inducement Plan.
Key Points:
- Luna Innovations Incorporated (NASDAQ: LUNA) (“Luna” or the “Company”), a global leader in advanced fiber optic-based technology, today announced two inducement grants pursuant to its 2024 Inducement Plan.
- On May 1, 2024, Luna’s Compensation Committee granted 400,000 restricted stock units to John C. Roiko and 350,000 restricted stock units to Will Denman.
- The restricted stock units were granted as material inducements to employment with Luna in accordance with Nasdaq Listing Rule 5635(c)(4) and are subject to the terms and conditions of the 2024 Inducement Plan.
- For the restricted stock units granted to Mr. Denman, 100% of the restricted stock units shall vest on May 1, 2025, subject to Mr. Denman’s Continuous Service (as defined in the 2024 Inducement Plan) through such date.
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National Instruments,
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Management Luna Innovations Incorporated (NASDAQ: LUNA) (“Luna” or the “Company”), a global leader in advanced fiber optic-based technology, today announced the appointment of two new members of its senior leadership team.
Key Points:
- Luna Innovations Incorporated (NASDAQ: LUNA) (“Luna” or the “Company”), a global leader in advanced fiber optic-based technology, today announced the appointment of two new members of its senior leadership team.
- Prior to joining Luna, Mr. Denman served as Senior Vice President of Global Sales and Marketing for National Instruments.
- Mr. Denman has over 20 years of experience in developing and leading world class strategic sales and marketing organizations.
- Matthew Friedman was recently appointed Vice President, Product Marketing, responsible for product marketing and management.
Technology,
Nanotechnology,
Telecommunications,
Software,
Networks,
Hardware,
Cloud,
Doctor of Philosophy,
Electrical engineering,
Corporation,
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University,
CFO,
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Danaher Corporation,
St. Cloud State University,
Cirrus Logic,
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Management Luna Innovations Incorporated (NASDAQ: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that it has retained senior executives and industry veterans Alex Davern and Kevin Ilcisin as consultants to provide strategic advice and counsel with respect to the Company’s operations and strategy.
Key Points:
- Luna Innovations Incorporated (NASDAQ: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that it has retained senior executives and industry veterans Alex Davern and Kevin Ilcisin as consultants to provide strategic advice and counsel with respect to the Company’s operations and strategy.
- Mr. Davern and Mr. Ilcisin will report to Richard Roedel, the Company’s Interim Executive Chairman and Interim President.
- Mr. Davern and Mr. Ilcisin will play a leading role in the strategic review process and will begin their work with a full review of Luna’s operations and strategy.
- There is also no assurance as to the specific terms or timing for any agreed transaction if one were to result.
Mobile,
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Telecommunications,
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Audit Similarly, any previously issued or filed reports, press releases, earnings releases, investor presentations or other Company communications describing the Company’s financial results or other financial information relating to the fiscal year ended December 31, 2022, should no longer be relied upon.
Key Points:
- Similarly, any previously issued or filed reports, press releases, earnings releases, investor presentations or other Company communications describing the Company’s financial results or other financial information relating to the fiscal year ended December 31, 2022, should no longer be relied upon.
- As disclosed on March 12 , a Special Committee of the Company’s Board of Directors has been conducting an independent review, with the assistance of external legal and financial advisors, of certain revenue recognition matters in connection with the Company’s previously issued financial statements.
- As the independent review remains ongoing and the full extent of this impact is still being determined, the Company cannot at this time estimate when it will file its restated financial statements.
- The Company is working diligently on this matter and will provide updated information as appropriate.
Recognized for its outstanding contributions to healthcare, Luna secured the #13 position in the Healthcare category, showcasing its commitment to revolutionizing patient care and physical therapy accessibility.
Key Points:
- Recognized for its outstanding contributions to healthcare, Luna secured the #13 position in the Healthcare category, showcasing its commitment to revolutionizing patient care and physical therapy accessibility.
- Luna’s innovative model combines the best of personalized at-home care with the convenience of technology.
- According to Fast Company , “Luna, since its founding in 2018, has been committed to helping patients with MSK conditions and post-operative patients improve their conditions via in-home physical therapy appointments.
- Luna also launched a dedicated Artificial Intelligence (AI) division named Luna Labs to enhance patient care, organized under the company’s Co-Founder, Chief Technology Officer, and former Uber engineer Ryan Gaffney.
Emory Healthcare,
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Nursing Out of the 3,000 companies evaluated, Luna ranked #111 overall, tenth in healthcare, and first in musculoskeletal (MSK) care.
Key Points:
- Out of the 3,000 companies evaluated, Luna ranked #111 overall, tenth in healthcare, and first in musculoskeletal (MSK) care.
- “With Luna, practicing physical therapists can work on their schedules with patients in their communities, in their homes where care is accessible and more easily adhered to.
- Luna blends expert physical therapy with convenience, offering personalized in-home care through licensed therapists via the Luna app .
- To create the America’s Best Startup Employers list, Forbes identified 3,000 privately-held companies headquartered in the U.S. that employ more than 50 people and were founded between 2014 and 2021.
Defense,
Technology,
Nanotechnology,
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Software,
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Rule,
Notice,
Form,
Form 10-K,
Security (finance),
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Cryptocurrency This Notice has no immediate effect on the listing of the Company's shares on Nasdaq.
Key Points:
- This Notice has no immediate effect on the listing of the Company's shares on Nasdaq.
- However, if the Company fails to timely regain compliance with the Rule, the Company's common stock will be subject to delisting from Nasdaq.
- The Notice provides that the Company has 60 calendar days, or until June 30, 2024, to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule.
- The Company is working diligently to complete its Form 10-K and will provide an update once more information is available.
NASHVILLE, Tenn, April 9, 2024 /PRNewswire/ -- PAM Health , a leader in post-acute care delivery with hospitals, outpatient sites, and clinics across 22 states, has teamed up with Luna , the leading provider of in-home outpatient physical therapy (PT), to expand access to patient services and to deliver a high-quality rehab experience to patients.
Key Points:
- NASHVILLE, Tenn, April 9, 2024 /PRNewswire/ -- PAM Health , a leader in post-acute care delivery with hospitals, outpatient sites, and clinics across 22 states, has teamed up with Luna , the leading provider of in-home outpatient physical therapy (PT), to expand access to patient services and to deliver a high-quality rehab experience to patients.
- The service, called PAM Health Therapy at Home powered by Luna, will be available starting May 1.
- Their pioneering physical therapy approach, which emphasizes improved access to care and patient experiences, aligns with our values.
- Together with existing health system partnerships, including Providence, Emory Healthcare, Intermountain Healthcare, and UCI Health, over 190 million Americans now have access to Luna's in-home outpatient physical therapy service.
Luna Innovations Incorporated (NASDAQ: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that Scott Graeff has retired from his role as President and Chief Executive Officer of the Company and has stepped down from the Board of Directors (the “Board”), leaving the Company after 21 years, including the last seven as President and Chief Executive Officer.
Key Points:
- Luna Innovations Incorporated (NASDAQ: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that Scott Graeff has retired from his role as President and Chief Executive Officer of the Company and has stepped down from the Board of Directors (the “Board”), leaving the Company after 21 years, including the last seven as President and Chief Executive Officer.
- The Board has initiated a search for a new President and Chief Executive Officer with the support of a leading international search firm.
- The Board has also established an Operations Committee, comprised of David Chanley, Barry Phelps and Gary Spiegel, to provide focused oversight of the Company during this transition period.
- “Luna Innovations has a rich history of working in close collaboration with its customers and partners to develop best-in-class sensing, test and measurement, monitoring, and control solutions,” said Mr. Roedel.
