Bluefly, Inc. (BFLY) Receives Non-Compliance Notification From NASDAQ
More News related to BFLY
- Bluefly Reports First Quarter 2009 Results
- Bluefly (BFLYD) Completes a 1-for-10 Reverse Stock Split
- Bluefly (BFLY) Misses Street Q4 Earnings Estimates
- Bluefly (BFLY) Announces 1-for-1o Reverse Stock Split
- Bluefly (BFLY) Misses Street Q3 Estimates
Bluefly, Inc. (Nasdaq: BFLY) received a notice on August 13, 2007 from The Nasdaq Stock Market indicating that the Company is not in compliance with the continued listing requirements of The Nasdaq Capital Market because, for the previous 30 consecutive business days, the bid price of its Common Stock had closed below the $1.00 minimum per share requirement for continued listing as set forth in Marketplace Rule 4310(c)(4). The issuance by NASDAQ of such letters is standard procedure when a listed company does not meet the minimum bid price rule. By NASDAQ rule, Bluefly will be allowed 180 calendar days, or until February 11, 2008, to regain compliance with the minimum bid price rule. The letter from NASDAQ has no effect on the listing of the Company's common stock at this time.
Related Categories
Corporate NewsStocks Mentioned
+0.00Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
