SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Netpliance <NPLI> .com/iopener
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Glenn Petersen who wrote (42)4/9/2001 7:33:00 PM
From: Glenn Petersen   of 51
 
I have not seen any evidence that NPLI has asked for a hearing to appeal their delisting notice. Also from the 10-K:

On November 13, 2000 our stock price first closed below $1.00. From the period of December 1, 2000 through March 23, 2001 our stock price has closed below $1.00 at the end of each trading day, and on the last day of this period our stock price closed at $0.4375. On January 17, 2001, we received notice from Nasdaq that our stock price had failed to maintain the minimum bid price of at least $1.00 for 30 consecutive trading days. As a result, our common stock is subject to being delisted on April 17, 2001 unless the bid price for our stock closes above $1.00 for ten consecutive trading days before that day or we receive a waiver of such requirement from Nasdaq. We intend to pursue discussions with the Nasdaq regarding such a waiver and secure continued listing on the Nasdaq National Market. However, we can give no assurances that we will be granted such a waiver.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News