Astrotech (ASTC) Regains NASDAQ Compliance
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Astrotech Corporation (Nasdaq: ASTC) has received notice from the NASDAQ Stock Market that the Company has regained compliance with Marketplace Listing Rule 5550(a)(2), relating to the maintenance of a minimum $1.00 bid price. As a result, the Company's common stock will continue to be listed and trade on The NASDAQ Stock Market.
In accordance with NASDAQ Marketplace Rules, the Company was required to evidence a closing bid price of at least $1.00 per share for ten consecutive trading days which it completed on May 18, 2012.
In accordance with NASDAQ Marketplace Rules, the Company was required to evidence a closing bid price of at least $1.00 per share for ten consecutive trading days which it completed on May 18, 2012.
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