Cedara Software has received notice from the Nasdaq stock exchange that its securities are subject to delisting. Nasdaq determined that the Mississauga, Ontario-based vendor fails to comply with either the net tangible assets or minimum stockholders' equity requirements for continued listing. Cedara said it would request a hearing before the Nasdaq listing qualifications panel to review the decision.
By AuntMinnie.com staff writersJanuary 10, 2002
Related Reading
Cedara net loss widens; firm warns of debt default, November 13, 2001
Analogic buys into Cedara, September 28, 2001
Cedara gets creditor protection for SNS, August 15, 2001
Cedara forges partnership with Inqgen, August 2, 2001
Cedara adds text reporting to cardiology line, March 22, 2001
Copyright © 2002 AuntMinnie.com