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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Novatel (MM) | NASDAQ:NGPS | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0 | - |
FORM 6-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
Date of Report November 28, 2007
NOVATEL INC.
Commission File No. 0-29004
1120 - 68 th Avenue N.E., Calgary, Alberta, Canada T2E 8S5
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form 20-F
x
Form 40-F
o
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1):
Yes
o
No
x
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7):
Yes
o
No
x
Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes o No x
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- N/A .
EXHIBITS
The following information is furnished to the SEC.
On November 28, 2007, NovAtel Inc. (NovAtel) issued a press release announcing that Hexagon Canada Acquisition, Inc. (Hexagon Canada), a wholly owned subsidiary of Hexagon AB (Hexagon) had taken up an aggregate of 8,647,240 common shares of NovAtel tendered to its offer mailed to NovAtel shareholders on October 19, 2007. Hexagon and its affiliates now beneficially own 9,601,104 common shares of NovAtel, or 93.9% of the total outstanding common shares, including 953,864 common shares previously acquired pursuant to a private placement, and intends to acquire the remaining common shares through its right of compulsory acquisition.
On November 27, 2007, the independent directors of NovAtel, Richard Orman, Robert Iverach, Joel Schleicher, Charles Trimble and David Vaughn, resigned from NovAtels board of directors. On November 28, 2007, four new directors, Ola Rollen, Håkan Halén, Gert Viebke, and Fred London, were appointed for a total of seven directors, including remaining directors Jonathan Ladd, Werner Gartner and Pat Fenton.
A copy of the press release is attached as Exhibit 1.
The following exhibit is filed as part of this report on Form 6-K:
No. Document
(1) Press Release dated November 28, 2007.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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NOVATEL INC. |
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Date: November 28, 2007 |
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By: /s/ WERNER GARTNER |
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Name: |
Werner Gartner |
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Title: |
Executive Vice President and |
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Chief Financial Officer |
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