Seanergy Maritime
Holdings Corp. (the "Company") SHIP announced today that it
has received a notice from the Nasdaq Capital Market ("NASDAQ" or the
"Capital Market"), dated August 7, 2013, granting the Company an
extension of time until October 28, 2013 to regain compliance with
the NASDAQ Listing Rule 5550(b)(1).
Under the terms of the extension, on or before October 28, 2013, the
Company must furnish to the Securities and Exchange Commission and
NASDAQ a publicly available filing that, among other things,
evidences compliance with the minimum $2.5 million stockholders'
equity requirement. In the event the Company does not satisfy the
terms of the extension, the Company expects to be notified that its
securities will be subject to delisting. At that time, the Company
may appeal NASDAQ's determination to a Hearings Panel.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: News
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in