QualTek Services Inc. (NASDAQ:QTEK), today announced that it was notified by the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") that Nasdaq had determined to delist the Company's common stock as a result of the Company's commencement of voluntary proceedings under Chapter 11 of the United States Bankruptcy Code. Nasdaq informed the Company that trading in the Company's common stock would be suspended at the opening of business on June 2, 2023. QualTek Services Inc. and certain of its subsidiaries filed for voluntary Chapter 11 protection on May 24, 2023. About the Company Founded in 2012, QualTek is a leading technology-driven provider of infrastructure se

Continues to Operate Business as Usual and Serve Customers Across Business Segments Restructuring Transactions to Reduce Debt by $307 million and Provide $40 million of New Liquidity to Execute Business Plan Company Anticipates Plan of Reorganization Support from at least 85% of Secured Debt Holders and 80% of Convertible Noteholders QualTek Services Inc. (NASDAQ:QTEK) (the "Company" or "QualTek"), a leading infrastructure services provider, today announced a restructuring transaction that will position it to achieve long-term success in the telecom, renewables, and recovery logistics sectors. The restructuring transaction reduces the Company's debt by approximately $307 million and p

(NASDAQ:QTEK)— QualTek Services Inc. (the "Company") announced today that it has entered into a forbearance agreement with a majority of convertible noteholders of its Senior Unsecured Convertible Notes ("Convertible Notes"). This forbearance agreement follows the Company's election to enter a 30-day grace period ending April 14, 2023, to make the interest payment on its Convertible Notes and subsequent decision to not make the payment. The Company also entered into a forbearance agreement with its administrative agent and lenders on its ABL Credit Agreement and a limited waiver agreement with required creditors of its Term Loan Credit Agreement. As detailed in the 8-K filed by the Company,

Company continues to provide best-in-class telecommunications and infrastructure services to customers Financing provides the Company with greater liquidity as it takes steps to improve its financial position for future growth QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ:QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization and renewable energy sectors, today announced the successful closing of new money incremental term loans providing $55 million in immediately available funds under its existing term loan credit agreement. The Company also announced the appointment of Cari Turner of Alvarez & Ma

BLUE BELL, Pa., Dec. 7, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ:QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization and renewable energy sectors, announced today the appointment of John Kritzmacher, Bruce Roberson and Cielo Hernandez to QualTek's Board of Directors. They will replace Jigisha Desai, Sam Totusek, and Sam Chawla.  "We are excited to welcome John, Bruce and Cielo to QualTek's Board of Directors and believe their extensive experience and expertise,

Third Quarter 2022 Financial Highlights Record third quarter 2022 revenue of $216.1 millionReported 24-month backlog increased to $2.4 billionRecord third quarter 2022 Telecom segment revenue of $188.3 million, a 38.9% increase year-over-yearNet Loss improved sequentially quarter-over-quarter from $25.6 million to $6.9 millionBLUE BELL, Pa., Nov. 14, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ:QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, announced today it's 2022 third quarter financial results.

Third Quarter ended October 1, 2022 BLUE BELL, Pa., Nov. 1, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ:QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, announced today that the Company will release its Third Quarter financial results on Monday, November 14, 2022, after the financial markets close. The Company will host a conference call the next day, November 15, 2022, to discuss its results and business outlook at 9:00 a.m. Easte

BLUE BELL, Pa., Sept. 29, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ:QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, power grid modernization, storm restoration, and renewable energy sectors, announced today that it has been called upon to deploy restoration services for multiple power utility and telecom companies in response to Hurricane Ian throughout Florida and the Southeastern region. Through QualTek Recovery Logistics, the company provides storm restoration, logistics, generators and ot

BLUE BELL, Pa., Sept. 21, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ:QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, will attend the 21st Annual Diversified Industrials & Services Conference on Thursday, September 22nd and Friday, September 23rd in Nashville, TN, hosted by D.A. Davidson. This year's event will consist of company presentations, analyst led fireside chats, one-one meetings, interdisciplinary panel discussions, and

Second Quarter 2022 Financial Highlights - Record second quarter 2022 revenue of $184.2 million, a 41% increase year-over-year - Second quarter 2022 Telecom segment revenue of $175.2 million, a 48.5% increase year-over-year - Telecom adjusted EBITDA margins continue to expand as expected - Reported 24-month backlog at the end of Q2 2022 is $2.3 billion BLUE BELL, Pa., Aug. 8, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ:QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, announced today strong 2022 second quarter financial results of its subsidiary Q

Third Quarter 2022 Financial Highlights Record third quarter 2022 revenue of $216.1 millionReported 24-month backlog increased to $2.4 billionRecord third quarter 2022 Telecom segment revenue of $188.3 million, a 38.9% increase year-over-yearNet Loss improved sequentially quarter-over-quarter from $25.6 million to $6.9 millionBLUE BELL, Pa., Nov. 14, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ:QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, announced today it's 2022 third quarter financial results.

Third Quarter ended October 1, 2022 BLUE BELL, Pa., Nov. 1, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ:QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, announced today that the Company will release its Third Quarter financial results on Monday, November 14, 2022, after the financial markets close. The Company will host a conference call the next day, November 15, 2022, to discuss its results and business outlook at 9:00 a.m. Easte

Second Quarter 2022 Financial Highlights - Record second quarter 2022 revenue of $184.2 million, a 41% increase year-over-year - Second quarter 2022 Telecom segment revenue of $175.2 million, a 48.5% increase year-over-year - Telecom adjusted EBITDA margins continue to expand as expected - Reported 24-month backlog at the end of Q2 2022 is $2.3 billion BLUE BELL, Pa., Aug. 8, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ:QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, announced today strong 2022 second quarter financial results of its subsidiary Q

Second Quarter ended July 2, 2022 BLUE BELL, Pa., July 25, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ:QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, announced today that the Company will release its Second Quarter financial results on Monday, August 8, 2022, after the financial markets close. The Company will host a conference call the next day, August 9, 2022, to discuss its results and business outlook at 9:00 a.m. Eastern Tim

- First quarter 2022 revenue up 24% to $148.2 million - Reported 24-month backlog at the end of Q1 2022 is $2.2 Billion, which is the largest in the history of the company - Extended ABL maturity through July 2025 BLUE BELL, Pa., May 17, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, announced today strong 2022 first quarter financial results of its subsidiary QualTek HoldCo, LLC. For

First Quarter ended April 2, 2022 BLUE BELL, Pa., May 5, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ:QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, announced today that the Company will release its First Quarter financial results on Tuesday, May 17, 2022, after the financial markets close. The Company will host a conference call the next day, May 18, 2022, to discuss its results and business outlook at 9:00 a.m. Eastern Time. The

- Full year 2021 results include revenue of $612.2 million and adjusted EBITDA of $60.0 million - Reported 24-month backlog at the end of Q4 2021 was $2.1 Billion, an increase of 22.0% over year end 2020 - Fourth quarter 2021 results include revenue of $147.1 million and adjusted EBITDA of $4.0 million - Successfully completed four acquisitions and added significant new contract awards  BLUE BELL, Pa., March 31, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, announced today a strong 2021 fourth quar

BLUE BELL, Pa., March 30, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ:QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, announced today that the Company will release its fourth quarter and fiscal year 2021 financial results on Thursday, March 31, 2022, after the financial markets close. The Company will host a conference call the next day, April 1, 2022, to discuss its results and business outlook at 9:00 a.m. Eastern Time. The call

Gainers Fathom Digital Mfg (NYSE:FATH) shares rose 12.0% to $0.45 during Thursday's after-market session. The company's market cap stands at $31.2 million. QualTek Services (NASDAQ:QTEK) stock rose 11.06% to $0.08. Today's trading volume for this security ended up closing at 893.9K shares, which is 57.3 percent of its average volume over the last 100 days. The market value of their outstanding shares is at $2.3 million. Quanex Building Prods (NYSE:NX) stock rose 9.58% to $23.1. The market value of their outstanding shares is at $767.8 million. As per the news, the Q2 earnings report came out today. Sarcos Technology (NASDAQ:STRC) stock increased by 6.78% to $0.39. The company's market ca

Gainers Knightscope (NASDAQ:KSCP) shares rose 13.9% to $0.43 during Thursday's regular session. As of 13:30 EST, Knightscope's stock is trading at a volume of 1.4 million, which is 160.9% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $23.5 million. Quhuo (NASDAQ:QH) shares increased by 12.22% to $2.02. The current volume of 91.5K shares is 6.7% of Quhuo's average full-day volume over the last 100 days (last updated at 13:30 EST). The company's market cap stands at $12.4 million. BlackSky Technology (NYSE:BKSY) stock increased by 11.67% to $1.53. Trading volume for this security as of 13:30 EST is 856.6K, which is 82.7% of its ave

  On Thursday, 148 companies set new 52-week lows. Interesting Facts About Today's 52-Week Lows And Highs: AbbVie (NYSE:ABBV) was the largest firm by market cap to set a new 52-week low. QualTek Services (NASDAQ:QTEK) was the smallest company when considering market cap to set a new 52-week low. Panbela Therapeutics (NASDAQ:PBLA) saw the largest move of the companies, as shares plummetted 2609.91% to hit a new 52-week low. Sangamo Therapeutics (NASDAQ:SGMO) was the most promising stock of the group, with shares actually trading up 0.0% to bounce back after reaching its new 52-week low. The following stocks achieved new 52-week lows on Thursday: AbbVie (NYSE:ABBV) shares set a ne

Gainers VCI Global (NASDAQ:VCIG) stock rose 24.4% to $3.42 during Thursday's pre-market session. The company's market cap stands at $125.8 million. Ault Alliance (AMEX:AULT) shares increased by 16.69% to $13.0. The market value of their outstanding shares is at $18.0 million. Nuburu (AMEX:BURU) shares increased by 12.45% to $0.79. The company's market cap stands at $27.5 million. Shapeways Holdings (NYSE:SHPW) shares moved upwards by 7.7% to $0.55. The market value of their outstanding shares is at $27.8 million. Hyzon Motors (NASDAQ:HYZN) shares increased by 7.27% to $0.59. The company's market cap stands at $144.2 million. Ambipar Emergency (AMEX:AMBI) stock moved upwards by 6.78% to

Gainers Airspan Networks Holdings Inc. (NYSE:MIMO) shares rose 58.9% to $0.3754 in pre-market trading. Airspan Networks recently reported new financing and leadership changes. T2 Biosystems, Inc. (NASDAQ:TTOO) shares gained 50% to $0.1350 in pre-market trading after dropping 33% on Wednesday. T2 Biosystems recently announced the second-largest sepsis-driven T2Dx instruments sale in the company's history. AGBA Group Holding Limited (NASDAQ:AGBA) shares surged 37.7% to $2.23 in pre-market trading after gaining around 9% on Wednesday. Wejo Group Limited (NASDAQ:WEJO) gained 28.2% to $0.1090 in pre-market trading after declining around 31% on Wednesday. Wejo Group recently said it is eva

U.S. stocks traded lower toward the end of trading, with the Dow Jones dropping over 100 points on Wednesday. The Dow traded down 0.34% to 32,929.04 while the NASDAQ fell 0.30% to 12,978.20. The S&P 500, also fell, dropping, 0.39% to 4,189.27. Check This Out: Top 5 Tech And Telecom Stocks That Are Flying - And May Collapse  Leading and Lagging Sectors Utilities shares rose by 0.7% on Wednesday. Meanwhile, top gainers in the sector included Ellomay Capital Ltd. (NYSE:ELLO), up 8%, and Star Group, L.P. (NYSE:SGU), up 4%. In trading on Wednesday, energy shares dipped 1.8%.  Top Headline Shares of Donaldson Co Inc (NYSE:DCI) dropped over 7% on Wednesday after the company reported

Gainers WANG & LEE Group (NASDAQ:WLGS) shares moved upwards by 16.5% to $1.62 during Wednesday's regular session. As of 13:30 EST, WANG & LEE Group's stock is trading at a volume of 10.5 million, which is 426.9% of its average full-day volume over the last 100 days. The company's market cap stands at $24.4 million. Hudson Glb (NASDAQ:HSON) stock increased by 10.12% to $19.69. The market value of their outstanding shares is at $55.9 million. LiqTech Intl (NASDAQ:LIQT) stock rose 9.83% to $3.35. The market value of their outstanding shares is at $18.9 million. Guardforce AI Co (NASDAQ:GFAI) stock increased by 9.23% to $6.34. Trading volume for Guardforce AI Co's stock is 10.1 million as of

Gainers Aridis Pharmaceuticals, Inc. (NASDAQ:ARDS) shares jumped 143% to $0.45 after the company announced it received agreement from the FDA on its proposed single confirmatory Phase 3 study of AR-301 and the clinical study design. Bluejay Diagnostics, Inc. (NASDAQ:BJDX) gained 67% to $0.3225. VIQ Solutions Inc. (NASDAQ:VQS) shares jumped 49.1% to $0.3474. Marker Therapeutics, Inc. (NASDAQ:MRKR) climbed 31% to $1.73 after the company reported pre-clinical data of its MT-601 multiTAA-specific T cell product candidate MT-601 in lymphoma cells. Tenax Therapeutics, Inc. (NASDAQ:TENX) rose 30% to $0.4151. Tenax Therapeutics achieved major milestone as USPTO granted notice of allowance fo