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Nasdaq delisting requirements in effect

Nasdaq’s delisting requirements returned today after being suspended for more than three months following the Sept. 11 terrorist attacks.

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Since Sept. 27, companies listed on the Nasdaq National Market and Nasdaq SmallCap Market have not been required to maintain a minimum bid price of $1 and minimum market value of $10 million.

While both of these policies have been reinstated for both markets, there will be a two-year trial period during which the grace period to regain compliance with the minimum bid requirement will be extended from 90 days to one year for the Nasdaq SmallCap Market.

--Toby Weber, staff writer

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© 2012 Penton Media Inc.

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