CRWEFinance Stock Alerts LDIS, TAXS
Posted on
12/10/2009 5:44:16 PM
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Leadis Technology, Inc. (PINKSHEETS: LDIS) today announced that, in accordance with the Plan of Dissolution (the "Plan") approved by the Company's stockholders on October 23, 2009, its Board of Directors has approved an initial liquidating distribution (the "Initial Distribution") in the amount of $0.95 per share of common stock. The Initial Distribution is expected to be made on or about December 14, 2009. BNY Mellon Shareowner Services will serve as the paying agent for the Initial Distribution.
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