Internet Capital Group Inc. (ICGE) Message Board

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Technology Stocks : Internet Capital Group Inc. (ICGE)

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To: Mohan Marette who started this subject	4/7/2004 10:49:02 AM
From: bob zagorin	Read Replies (1) of 4187

Nasdaq Confirms Continued Listing of Verticalnet Stock; Company Meets All Requirements to Maintain Listing Eligibility MALVERN, Pa.--(BUSINESS WIRE)--04/07/2004--Verticalnet (Nasdaq:VERT), a leading provider of Strategic Sourcing and Supply Management solutions, today announced that the Nasdaq Listing Qualifications Panel, in a letter to Verticalnet, confirmed that the Company had demonstrated compliance with all Nasdaq requirements for continued listing. The letter also advised Verticalnet that the Company had remedied the shareholder approval deficiency under Marketplace Rule 4350(i)(1) that was cited by Nasdaq in its March 30, 2004 letter to the Company and advised that Verticalnet was compliant with the shareholders' equity requirements. Accordingly, Verticalnet's stock will continue to be traded on the Nasdaq SmallCap Market and the Company is not required to take further action in order to maintain its Nasdaq listing. This concludes the review of the Company's listing eligibility that Nasdaq initiated in April 2003. The company intends to amend its Form 10-K for the year ended December 31, 2003 to update the risk factors related to the Company's Nasdaq listing....

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