Convera Corp. Ceases Trading, Files Certificate of Dissolution

Feb 12, 2010

Convera Corporation, a developer of content and site monetization solutions, announced the filing of its Certificate of Dissolution with the Delaware Secretary of State, in accordance with a previously announced plan of complete dissolution and liquidation. The company has closed its stock transfer books and has ceased trading of its common stock as of February 8. The Convera board of directors declared an initial cash distribution of $0.10 per share to each shareholder, with anticipated payment on February 16. The filing of the certificate and cessation of trading are part of what an orderly wind down of Convera's business and operations.