What does LOCK mean in NASDAQ SYMBOLS
Saf T Lok was a Virginia-based manufacturer of locking systems in the security industry. The company went public in 1983 but eventually delisted from the public exchanges. Saf T Lok produced innovative locking solutions for use in commercial and residential properties, including door locks, deadbolts, cam locks, and other high-security options. The company served customers around the world and had an active presence on the world market until its closure.
LOCK meaning in NASDAQ Symbols in Business
LOCK mostly used in an acronym NASDAQ Symbols in Category Business that means Saf T Lok, Inc. (delisted)
Shorthand: LOCK,
Full Form: Saf T Lok, Inc. (delisted)
For more information of "Saf T Lok, Inc. (delisted)", see the section below.
Services Offered by Saf T Lok
Saf T Lok offered security solutions that were trusted by both residential and commercial customers alike. Their products allowed customers to monitor access to their buildings while ensuring that only authorized personnel could enter. They used various proprietary keyways in order to prevent unauthorized duplication of keys and provide enhanced protection against tampering. Additionally, they provided sophisticated mechanical lock systems with code-based access control for areas where heightened security was necessary.
Why Saf T Lok Was Different
Saf T Lok set itself apart from other locksmiths with its dedication to quality assurance and customer service excellence. The company pursued innovation in order to develop state-of-the-art security systems, utilizing cutting-edge technology such as biometric recognition and facial recognition software for extra levels of protection when necessary. In addition, Saf T Lok also offered custom installations to ensure that each customer's needs were met perfectly while providing maximum satisfaction along the way.
Legacy of Saf T Lok
Although Saf T Lock has since ceased operations, it left behind an impressive legacy of secure locking solutions that continue to be used today in both homes and businesses worldwide. Their products are known for their reliability and durability while offering a sleek design aesthetic which blends seamlessly into any environment. Moreover, the company developed a reputation for their prompt customer service and fair pricing structure which allowed them to remain competitive within the industry before their doors eventually closed permanently.
Essential Questions and Answers on Saf T Lok, Inc. (delisted) in "BUSINESS»NASDAQ"
What is Saf T Lok, Inc.?
Saf T Lok, Inc. was a publicly traded company based in San Diego, California. It specialized in manufacturing and distributing security-related products such as locks, padlocks and other access control systems for commercial and residential use. The company was delisted from the NASDAQ exchange in 2019.
When did Saf T Lok, Inc. go public?
Saf T Lok, Inc. went public in 1998 when it first began trading on the NASDAQ exchange under the ticker symbol SFTL.
What products did Saf T Lok, Inc. manufacture?
Saf T Lok, Inc manufactured a wide range of security-related products such as door locksets, mortise locksets and other access control systems for commercial and residential use. In addition to these core products, they also produced decorative hardware, key machines and related accessories.
Why was Saf T Lok delisted from the NASDAQ exchange?
During the 2019 fiscal year, Saf T Lock reported several quarters of declining revenues which resulted in their stock price dropping below the required minimum thresholds needed to remain listed on the exchange. As a result, Nasdaq delisted their stock from trading on its exchange in October 2019.
How can I obtain more information about Saf T Lock?
Unfortunately since the company has been delisted from Nasdaq there is no longer any SEC filings or financial data available for review publicly other than what is posted on its website www.saftlockco.com. Any further queries should be directed to investor relations at [email protected].
Are there any other alternatives offered by Saf T Lock after it was delisted?
Yes! After being delisted from NASDAQ exchange during 2019, Saf T Lock shifted its focus towards developing partnerships with Security Service Companies throughout North America providing custom designed locking solutions tailored to meet all customer needs while remaining focused on value driven excellence and quality craftsmanship.
Where were the headquarters of Saf TLok located?
The headquarters of saf t lock were located in San Diego California until their dissolution in 2020
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