U.S. Securities and Exchange Commission (SEC)
Official Release: https://www.sec.gov/files/litigation/admin/2026/34-106359.pdf
NEWS: The SEC's order identifies the respondent as Gresham Worldwide, Inc., formerly Giga-tronics Incorporated, a California corporation based in Scottsdale, Arizona. Its shares are registered under Section 12(g) of the Securities Exchange Act, and the order identifies the OTC symbol as GIGAQ. The SEC alleges the company has not filed periodic reports since its Form 10-Q for the quarter ended March 31, 2024, and says it either failed to heed a delinquency letter or may not have received it because it did not maintain a valid address with the Commission.
The SEC instituted the proceeding under Section 12(j) to determine whether the allegations are true and whether investor protection warrants suspending the registration for up to 12 months or revoking it. The company may answer the allegations and present defenses. The order also states that a successor or new corporate name could be covered by any resulting action; no final suspension or revocation is imposed at this stage.
KEY POINTS:
- The SEC issued the order on September 15, 2026, under File No. 3-22719.
- The respondent is Gresham Worldwide, formerly Giga-tronics Incorporated.
- The SEC alleges no periodic reports have been filed since the Form 10-Q for the quarter ended March 31, 2024.
- The order identifies OTC Link ATS quotations under symbol GIGAQ.
- Suspension or revocation is under consideration; the proceeding is not a final ruling.