Android app on Google Play

WidePoint (WYY) Receives Delisting Notification From AMEX

March 4, 2008 5:37 PM EST Send to a Friend
In Today's 8-K filing from WidePoint (NYSE: WYY): On February 27, 2008, WidePoint Corporation received a warning letter from the American Stock Exchange indicating that WidePoint was not in compliance with certain Amex continued listing standards and, in particular, Section 301 of the Amex Company Guide, due to WidePoint issuing additional shares of its common stock in connection with the recent acquisition of ISYS LLC prior to WidePoint applying for and receiving approval to list such shares on the Amex.

Prior to receiving the Amex warning letter on February 27, 2008, WidePoint had applied to Amex on February 25, 2008, for approval to list with Amex the shares of WidePoint common stock issued in its recent acquisition of iSYS LLC. On March 4, 2008, WidePoint received approval from Amex to list the relevant shares. Thus, as of the date of the filing of this Current Report on Form 8-K, WidePoint is in compliance with the Amex listing standards.



You May Also Be Interested In


Related Categories

Corporate News

Add Your Comment