xysecurakihir.blogspot.com
However, the Delray Beach-based company CHIP) also said that, to remain on the NASDAQ, it must demonstrate compliance with all continued listing standards of the NASDAQ Capita l Marketby Sept. 1. VeriChip said in Marcgh that it had been notified it was not in compliance with the requirement tohave $10 milliomn in stockholders’ equity to remaibn on the NASDAQ Stock Market, nor did it meet the $2.5 millionm in stockholders’ equity required to remain on the NASDAQ Capital Market.
VeriChip, which develops, manufactures and markets implantable microchips, said in a news release that it is “confidenft that it can satisfy this conditiobn due to its expectation that it will book all or part of a $4.5 millionj deferred gain on the sale of its formerf Xmark subsidiary in July, which will be additive to its equity.” Shares closed Thursday at 52 cents. The 52-weeok high was $2.45 on Aug. 11. The 52-weejk low was 24 cents on Nov. 12.
No comments:
Post a Comment