Board Diversity
Reference Library - Advanced Search


** To make multiple selections, select the first criterion and then press and hold the Ctrl Key **
1- 1 of 1 Search Results for:
Libraries:   FAQs - Listings
Filters:   Continued Listing; All
Search   Clear

Expand All Printer Friendly View Mailto Link 
Page: 1 of 1
Frequently Asked Questions
  A company has been cited for a deficiency in shareholders' equity, and would like to sell additional shares to regain compliance, but is unable to do so given existing market conditions. Can the company gain additional time to regain compliance?
Identification Number 365
Nasdaq Staff and Hearings Panels are aware of the difficulties that market conditions present for companies attempting to raise additional capital. If a company submits a plan of compliance that involves raising capital, and despite taking all reasonable steps, is unable to execute the plan in the near term due to market conditions, then Nasdaq Staff and/or the Hearings Panel will take that into account in determining whether to grant the company an exception to the full extent of its discretion.  
Publication Date*: 7/31/2012 Mailto Link Identification Number: 365
Page: 1 of 1
App Store       Google Play       Listing Center Content RSS Feed
The Nasdaq Stock Market, Nasdaq, The Nasdaq Global Select Market, The Nasdaq Global Market, The Nasdaq Capital Market, ExACT and Exchange Analysis and Compliance Tracking system are trademarks of Nasdaq, Inc.
FINRA® and Financial Industry Regulatory Authority, Inc.® are registered trademarks of Financial Industry Regulatory Authority, Inc.