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Accelr8 Technology Corp.
Accelr8 Announces Extension by NYSE and Acceptance of the Company’s Plan to Regain Compliance for Continued Listing on the NYSE Alternext US
April 3rd, 2009
Accelr8 Technology Corporation (NYSE Alternext US: AXK) (the “Company”) announced that on March 18, 2009 it received a notice from the staff (the “Exchange Staff”) of NYSE Alternext US LLC (the "NYSE Alternext," which is the successor to the American Stock Exchange) indicating that the Exchange Staff granted a listing extension on the basis of the plan submitted by the Company to regain compliance with listing standards by July 6, 2010. Specifically, the Company has shown how it plans to regain compliance with Section 1003(a)(iii) of the Company Guide with objectives to include stockholders’ equity to equal or exceed $6,000,000 and for continuing operations and net income to reverse from...
Source: Health Business Week (2009-04-03)
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