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Technology Stocks : WAVX: Wave Systems Corp.
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From: TREND13/3/2009 3:48:32 PM
   of 604
 
Posted by: player1234 Date: Tuesday, March 03, 2009 3:46:06 PM
In reply to: zen 88 who wrote msg# 175716 Post # of 175717

10 for market cap compliance, then 90 calender days grace to recomply, then...well, we know the deal after that.

Straight from NASDAQ:

"(4) A failure to meet the continued listing requirements for market value of listed securities shall be determined to exist only if the deficiency continues for a period of 10 consecutive business days. Upon such failure, the issuer shall be notified promptly and shall have a period of 90 calendar days from such notification to achieve compliance with the applicable continued listing standard. Compliance can be achieved by meeting the applicable standard for a minimum of 10 consecutive business days during the 90 day compliance period."
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