About IPIX delisting

Here is story about the news. And the result is IPIX "had regained compliance with the Nasdaq Rules and that the matter was closed."


http://biz.yahoo.com/e/050721/ipix8-k.html

Form 8-K for IPIX CORP


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21-Jul-2005

Notice of Delisting or Transfer



Item 3.01 Notice of Delisting or Failure to Satisfy a
Continued Listing Rule or Standard; Transfer of Listing.
On or about July 12, 2005, IPIX Corporation, a Delaware corporation (the "Company") was orally notified by The Nasdaq Stock Market ("Nasdaq") that that upon review of the Company's Listing of Additional Shares Notification Form filed with Nasdaq on June 30, 2005 (the "Additional Share Notification Form"), Nasdaq had concluded that the Company did not comply with Nasdaq's shareholder approval requirements, as set forth in Nasdaq Marketplace Rule 4350(i)(1)(D) and IM-4350-2 (the "Nasdaq Rules").

On July 14, 2005, the Company submitted to Nasdaq the requisite information and documentation that Nasdaq had orally requested. On July 15, 2005, Company received a deficiency notice from Nasdaq's Listing Qualifications Department stating that, upon review of the Additional Share Notification Form, the Company did not comply with the Nasdaq Rules. The Nasdaq further informed the Company in the July 15, 2005, deficiency notice that, based upon the materials submitted by the Company on July 14, 2005, the Company had regained compliance with the Nasdaq Rules and that the matter was closed.

所有跟帖： 

• Up大师,your thoughts on market -energystoc- ♀ (46 bytes) () 07/25/2005 postreply 15:34:25

• 回复：Up大师,your thoughts on market -uptrend- ♂ (421 bytes) () 07/25/2005 postreply 15:45:27

• Well said. Thank you. -energystoc- ♀ (0 bytes) () 07/25/2005 postreply 15:49:00