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Hyperdynamics Corporation
HDY announced today that, based on a notice received from the New York Stock Exchange (NYSE), it has regained compliance with the NYSE's continued listing standard for share price.
On May 14, 2012, Hyperdynamics was notified by the NYSE that it had fallen below the continued listing standard, which requires a minimum average closing price of $1.00 per share over 30 consecutive trading days.
As of the close of trading on Monday, August 12, the average closing price of our common stock for the previous 30 trading days exceeded $1.00 per share. As a result, Hyperdynamics is now in full compliance with the NYSE's continued listing standards.
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