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Groklaw - SCO's 8K: Nasdaq Delisting Notice
by bucy at 5:14 pm EDT, May 1, 2007 |
On April 23, 2007, The SCO Group, Inc. (the “Company”) received a letter from The Nasdaq Stock Market (“Nasdaq”) indicating that the bid price of its common stock for the last 30 consecutive business days had closed below the minimum $1.00 per share required for continued listing under Nasdaq Marketplace Rule 4310(c)(4). Pursuant to Nasdaq Marketplace Rule 4310(c)(8)(D), the Company has been provided an initial period of 180 calendar days, or until October 22, 2007, to regain compliance.
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RE: Groklaw - SCO's 8K: Nasdaq Delisting Notice
by Decius at 6:40 pm EDT, May 1, 2007 |
bucy wrote: On April 23, 2007, The SCO Group, Inc. (the “Company”) received a letter from The Nasdaq Stock Market (“Nasdaq”) indicating that the bid price of its common stock for the last 30 consecutive business days had closed below the minimum $1.00 per share required for continued listing under Nasdaq Marketplace Rule 4310(c)(4). Pursuant to Nasdaq Marketplace Rule 4310(c)(8)(D), the Company has been provided an initial period of 180 calendar days, or until October 22, 2007, to regain compliance.
They'll just reverse split if they have to, and they'll wait as long as they have to, but yeah, their stock is going down. |
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RE: Groklaw - SCO's 8K: Nasdaq Delisting Notice
by Hijexx at 4:11 pm EDT, May 2, 2007 |
Decius wrote: bucy wrote: On April 23, 2007, The SCO Group, Inc. (the “Company”) received a letter from The Nasdaq Stock Market (“Nasdaq”) indicating that the bid price of its common stock for the last 30 consecutive business days had closed below the minimum $1.00 per share required for continued listing under Nasdaq Marketplace Rule 4310(c)(4). Pursuant to Nasdaq Marketplace Rule 4310(c)(8)(D), the Company has been provided an initial period of 180 calendar days, or until October 22, 2007, to regain compliance.
They'll just reverse split if they have to, and they'll wait as long as they have to, but yeah, their stock is going down.
Just saying, because this is a little piece of space I have on the interweb tubes: DIE SCO DIE SCO DIE SCO DIE SCO DIE SCO DIE SCO DIE!!! I propose a DIE SCO PARTY when they finally shutter their windows or are acquired, whichever comes first. Only question: Should we do it in ATL or BNA? |
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