The company was required to experience a closing bid price of us$ 1.00 per share
WPT Enterprises regains compliance with NASDAQ Listing Standard
(US).- WPT Enterprises announced that it has received notification from The NASDAQ Stock Market that it has regained compliance with the us$ 1.00 per share minimum closing bid price requirement of Listing Rule 5450 (a) (1).
2009-07-02
Reading time 20 seg
To regain compliance with the closing bid price rule, the company was required to experience a closing bid price of us$ 1.00 per share or more for a period of at least 10 consecutive trading days on The NASDAQ Stock Market.
On June 30, 2009, the closing bid price of the firm's common stock had been us$1.00 per share or more for ten consecutive trading days.
The previously disclosed delisting proceeding related to the company’s closing bid price compliance is now closed.
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