TerraForm Power (TERP) Receives Nasdaq Letter Regarding Listing Rule
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TerraForm Power Announces Receipt of Nasdaq Letter
September 9, 2016 4:15 PM EDTBETHESDA, Md., Sept. 09, 2016 (GLOBE NEWSWIRE) -- TerraForm Power, Inc. (Nasdaq: TERP) (the Company), an owner and operator of clean energy power plants, announced today that on September 8, 2016 it received a notification letter from a Director of Nasdaq Listing Qualifications (the Notification Letter). The Notification Letter stated that due to the Companys non-compliance with Nasdaq Listing Rule 5250(c)(1) (the Filing Rule), the Company would be delisted from The Nasdaq Global Select Market at the opening of business on September 19, 2016 unless the Company requests a hearing on the determination by 4:00 p.m. Eastern Time on September 15, 2016. As... More
