Market Overview

Lime Energy Receives NASDAQ Non-Compliance Letter

Lime Energy Co. (NASDAQ: LIME) announced Monday, that on January 9, 2012
it received a determination letter from the Listing Qualifications
Department of The Nasdaq Stock Market LLC (“Nasdaq”). The letter advises
that because the Company remains noncompliant with the filing
requirements for continued listing under Nasdaq Listing Rule 5250(c)(1)
because the Company had not filed its Quarterly Reports on Form 10-Q for
the periods ended June 30, 2012 and September 30, 2012 (the “delinquent
filings”), trading of the Company's common stock would be subject to
suspension and the Company's securities removed from listing and
registration on the Nasdaq Stock Market on January 18, 2013.

The Company has the right to appeal this determination and request a

See full press release

Posted-In: News Guidance Management

 

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