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Accelr8 Technology Corporation
Accelr8 Technology Corporation Notified by NYSE Alternext of Continued Listing Standards Non-Compliance
January 30th, 2009
Accelr8 Technology Corporation (NYSE Alternext US: AXK) (the "Company") announced that on January 6, 2009, it received a notice from the staff (the "Staff") of NYSE Alternext US LLC (the "NYSE Alternext," which is the successor to the American Stock Exchange) indicating that the Company is not in compliance with certain NYSE Alternext continued listing standards. Specifically, the Company is not in compliance with Section 1003(a)(iii) of the Company Guide with stockholders' equity of less than $6,000,000 and losses from continuing operations and net losses in its five most recent fiscal years. In order to maintain its listing, the Company must submit a plan by February...
Source: Health Business Week (2009-01-30)
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