BAM! Delisted From Nasdaq
Representatives from BAM! Entertainment have announced that the company has received a letter from the Nasdaq listing qualifications department indicating that the compan...
![](https://eu-images.contentstack.com/v3/assets/blt740a130ae3c5d529/bltba62518415cda0e2/652fe6ddbc479f8697ef691f/default-cubic.png?width=1280&auto=webp&quality=95&format=jpg&disable=upscale)
Representatives from BAM! Entertainment have announced that the company has received a letter from the Nasdaq listing qualifications department indicating that the company is subject to delisting because of its failure to comply with a marketplace rule that requires a minimum of $2,500,000 stockholders' equity, a market capitalization of $35,000,000 or net income of $500,000. The company plans to appeal the move, with a hearing scheduled within 45 days. If delisted, the company will attempt to have its common stock traded in the over-the-counter market via the Electronic Bulletin Board. Source: BAM! Entertainment
About the Author
You May Also Like