| Investor FAQs
How did NVE get its name?
The company was founded as Nonvolatile Electronics, Inc. in 1989.
Nonvolatile refers to memories that retain data even when power
is removed. The name was later formally changed to NVE Corporation. See the companys Corporate
Identity page for more about its name and logo.
What is nano about NVEs nanotechnology?
Nanotechnology is often defined as technology where dimensions of a few
nanometers (billionths of a meter) play a critical role. NVE designs use one
of two nano-scale spintronic structures: giant magnetoresistors (GMR) and
spin-dependent tunnel (SDT) junctions. In GMR devices, the resistance changes
due to conduction electrons scattering at interfaces within the devices. The
GMR effect is only significant if the layer thicknesses are less than the mean
free path of conduction electrons, which is on the order of five nanometers.
In awarding the 2007 Nobel Prize in Physics for GMR, the Nobel Committee said,
GMR can be considered one of the first real applications of the promising
field of nanotechnology.
Where is NVE’s stock traded and what is the ticker symbol?
NVEs common stock is traded on the NASDAQ Stock Market under the symbol
NVEC. The stock is also quoted on the Frankfurt Stock Exchange.
When did NVE become NASDAQ listed and at what price?
NVE’s stock became NASDAQ listed in January 2003. Prior to NASDAQ listing the company’s stock was quoted on the OTC Bulletin Board. The company did not have an IPO, but applied for NASDAQ listing after meeting the quantitative listing requirements. NVE’s initial stock price on the NASDAQ was $7.85 per share.
How can I get notifications of NVE news and SEC filings?
The company provides e-mail alerts for SEC filings, earnings reports, press releases, and information bulletins to interested parties. SEC filing alerts have included periodic reports and reports of material contracts.
The company also provides a link to RSS feeds from the SEC.
Does NVE have a direct stock purchase plan?
The company does not have a direct stock purchase plan.
How do I purchase stock in NVE?
NVEs common stock can be purchased through any registered broker.
What is NVEs CUSIP number?
NVEs Common Stock CUSIP number is 629-445-20-6. Prior to a reverse split
in November 2002, the Common Stock CUSIP was 629-445-10-7.
Whom do I contact with questions about NVE or Nonvolatile
Electronics, Inc. stock certificates?
Inquiries about stock certificates, including the transfer or conversion
of shares, split adjustments, change of address, or lost certificates should
be directed to the companys transfer agent:
IST Shareholder Services
209 West Jackson Boulevard, Suite 903
Chicago, IL 60606-6905
(800) 757-5755
How many shares of NVE stock are outstanding?
As of June 20, 2011, there were 4,776,198 shares of Common Stock outstanding.
What is the companys financial calendar?
NVEs fiscal year ends March 31. Fiscal quarters end June 30, September 30, and December 31.
When does NVE report its earnings?
Quarterly earnings have typically been reported after the close of the
NASDAQ Regular Market on the Wednesday following the third Monday after quarter
end. Fiscal year-end earnings reports have been on the Wednesday following the fifth Monday after March 31.
The company generally announces the date of the earnings report, when determined, in
a press release or advisory release.
Does NVE have regular conference calls?
NVE has held quarterly results conference calls each quarter since becoming NASDAQ listed
in 2003. Recent practice has been to schedule calls for 4:00 p.m. Central Time
on the same days as earnings reports. When determined, conference call dates
and times have been announced in advisory releases and posted to the
Investor Events page.
When are NVEs annual shareholder meetings?
Annual Shareholder Meetings have been held in August in recent years.
NVEs most recent Annual Meeting was August 15, 2011. The dates of the Annual Meetings have been posted to the Investor
Events page after they are finalized.
How can I find voting results without attending NVEs annual shareholder meeting?
The company files voting results with the SEC in Current Reports on Form 8-K under Item 5.07 within four business days of Annual Shareholder Meetings.
Who are NVEs auditors?
Ernst & Young LLP has audited NVEs financial statements annually since its 2001 fiscal year.
Is NVE included in any stock indexes?
NVEs stock is included in a number of indexes, some of which are listed
on the Stock Indices page. NVE is
included in the widely-followed Russell 2000® small-cap index, and is a member of several nanotechnology indexes
including the Cedrus Nanotechnology Indexes.
Can the company provide
analysts research reports on NVE?
It is company policy not to provide analyst research reports because
the company does not want to endorse any particular opinion, and because research reports
are proprietary products which analysts and their employers reserve for their
clients.
Statements in this document that relate to future plans, events, financial
results or performance are forward-looking statements that are subject to
certain risks and uncertainties including the risk factors listed from time
to time in our filings with the SEC.
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