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Finlay receives notification letters from Nasdaq
09 Apr '08
2 min read
If compliance cannot be demonstrated by October 6, 2008, Nasdaq will provide written notification to the Company that its securities will be delisted. At that time, the Company will be permitted to appeal Nasdaq's determination to a Listing Qualifications Panel.
The Company intends to monitor the market value of its listed securities and to consider available options if its common stock does not trade at a level likely to result in the Company regaining compliance with the minimum market value of publicly held shares requirement and the minimum bid price requirement by the applicable deadlines.
The Company intends to monitor the market value of its listed securities and to consider available options if its common stock does not trade at a level likely to result in the Company regaining compliance with the minimum market value of publicly held shares requirement and the minimum bid price requirement by the applicable deadlines.
Finlay Enterprises Inc
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