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ACS Motion Control
ACS Motion Control Ltd. Announces Plans to Voluntary Delist From Nasdaq and Deregister its Ordinary Shares
October 10th, 2008
ACS Motion Control Ltd., (Nasdaq: ACSEF), a developer and manufacturer of advanced motion control products, announced that its Board of Directors has approved the voluntarily delisting of its ordinary shares from the Nasdaq Capital Market, and the deregistration of its ordinary shares under the Securities Exchange Act of 1934, thereby suspending ACS Motion Control's obligation to file annual and other reports with the Securities and Exchange Commission. Among the factors considered by the Board of Directors in deciding to voluntarily delist and deregister the ordinary shares were the reduced expenses associated with compliance efforts and elimination...
Source: Health Business Week (2008-10-10)
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