Affymax (AFFY) Falls Ahead of Imminent Delisting
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Affymax (AFFY) Has No Plans to Appeal Nasdaq Delisting
May 31, 2013 4:46 PM EDTOn May 28, 2013, Affymax, Inc. (Nasdaq: AFFY) received a determination letter (the Determination Letter) from the Nasdaq Stock Market LLC (Nasdaq) indicating that Nasdaq believes that the Company should be delisted pursuant to Rule 5101 of the Nasdaq Listing Rules. Specifically, Nasdaq notified the Company that it is operating as a public shell and has determined that, following the Companys... More
