Less than a year after voluntarily delisting itself from the Nasdaq, Interlink Electronics Inc. is considering returning to a U.S. or foreign stock exchange next year.
The Camarillo manufacturer of touchpads and computer mouse products for rugged environments currently trades on the over-the-counter market.
Chief Executive Steven Bronson said in January that the company was delisting from the Nasdaq to cut expenses connected with being listed on a major exchange and reporting requirements of the Securities & Exchange Commission.
“In light of our strategy to actively pursue acquisitions in 2020 and beyond, Interlink’s management felt that the benefits of increased visibility and access to the capital markets outweighed the cost savings of not being listed,” Bronson said in a statement released on Oct. 3.
Any stock exchange listing will be subject to Interlink satisfying applicable exchange and U.S. and possibly foreign securities law requirements. There is no assurance that the company will be able to do so, it said in the release.
On Tuesday, shares of Interlink (LINK) closed up 1 cent, or a fraction of a percent, to $3.53 on the over-the-counter market.