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Smart home group LightwaveRF said it was planning to cancel its shares from trading on AIM.
A meeting to vote on the move would be held on 10 February.
LightwaveRF also said a strategic review, that included a formal sale process, was still at an early stage.
An information memorandum had been issued to a number of interested parties 'with the intention to identify new value-creating opportunities within the business,' the company said.
Adviser BDO was in contact with additional parties that may also be included in the process, it added.
At 2:53pm: (LON:LWRF) LightwaveRF Plc share price was -1.75p at 2.5p