EVCI to delist shares
-
- March
- 7
Financially troubled EVCI Career Colleges Holding Corp. of Yonkers said it will voluntarily delist its common stock from the Nasdaq market on or about March 28, and will seek to deregister its stock.
The company said it is eligible to deregister its stock because it has fewer than 300 stockholders. Deregistering its stock will suspend EVCI’s obligation to file public financial statements and material announcements with the U.S. Securities and Exchange Commission.
Nasdaq has warned EVCI several times that it is in danger of being delisted because its price has fallen below certain thresholds.
This entry was posted
on Friday, March 7th, 2008 at 5:13 pm by Jerry Gleeson.
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