Market Overview

D. Medical Receives NASDAQ Notification of Non-Compliance With the Minimum $2.5 Million Stockholders' Equity Requirement


D. Medical Industries Ltd. (Nasdaq: DMED) announced today that it received a letter from The NASDAQ Stock Market LLC ("NASDAQ") on May 7, 2012, indicating that based on the Company's stockholders' equity of US$1,137,000, as reported in the Company's Annual Report on Form 20-F for the year ended December 31, 2011, the Company is no longer in compliance with the US$2.5 million minimum stockholders' equity requirement for continued listing on the NASDAQ Capital Market under Listing Rule 5550(b)(1).


Related Articles (DMED)

View Comments and Join the Discussion!

Posted-In: News Legal Markets

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at