Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Nanophase Regains Compliance With NASDAQ Listing Rule 5450

Abstract:
$1 Minimum Bid Requirement

Nanophase Regains Compliance With NASDAQ Listing Rule 5450

Romeoville, IL | Posted on April 14th, 2010

Nanophase Technologies Corporation (NANX 1.72, 0.00, 0.00%), a technology leader in the development of advanced nanoengineered products, announced today that it has regained compliance with the minimum bid price requirement of NASDAQ Listing Rule 5450.

On December 18, 2009, Nanophase received notice from the NASDAQ Stock Market that the closing bid price of its common stock had fallen below $1.00 for thirty consecutive business days and was, therefore, not in compliance with NASDAQ Listing Rule 5450(a)(1). Nanophase was provided a 180-day grace period, scheduled to end June 16, 2010, to regain compliance with the Rule. To regain compliance, the bid price for the Company's common stock must close at $1.00 or higher for a minimum of 10 consecutive business days within the stated 180-day grace period, a requirement that was met on April 12, 2010.

NASDAQ has confirmed to Nanophase that it has regained compliance with this listing standard as of April 12, 2010.

####

About Nanophase Technologies
Nanophase Technologies Corporation (NANX), is a leader in nanomaterials technologies and provides nanoengineered products and solutions for multiple industrial product applications. Using a platform of patented and proprietary integrated nanomaterial technologies, the Company creates products with unique performance attributes from two ISO 9001:2000 and ISO 14001 facilities. Nanophase delivers commercial quantity and quality nanoparticles, coated nanoparticles, and nanoparticle dispersions in a variety of media.

For more information, please click here

Contacts:
Nanophase Technologies Corporation
Investor Relations
Nancy Baldwin
630-771-6708

Copyright © Nanophase Technologies

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Novel nanoparticle-based approach detects and treats oral plaque without drugs August 17th, 2018

UVA multidisciplinary engineering team designs technology for smart materials: The invention could lead to devices and manufactured goods, such as fabrics, that can dynamically regulate between thermally insulating and cooling August 17th, 2018

Smallest transistor worldwide switches current with a single atom in solid electrolyte: Milestone of energy efficiency in information technology -- Publication in Advanced Materials August 17th, 2018

Scientists turn to the quantum realm to improve energy transportation August 17th, 2018

Announcements

Novel nanoparticle-based approach detects and treats oral plaque without drugs August 17th, 2018

UVA multidisciplinary engineering team designs technology for smart materials: The invention could lead to devices and manufactured goods, such as fabrics, that can dynamically regulate between thermally insulating and cooling August 17th, 2018

Smallest transistor worldwide switches current with a single atom in solid electrolyte: Milestone of energy efficiency in information technology -- Publication in Advanced Materials August 17th, 2018

Scientists turn to the quantum realm to improve energy transportation August 17th, 2018

Financial Reports

Nanometrics to Announce Second Quarter Financial Results on July 31, 2018 July 12th, 2018

180 Degree Capital Corp. to Provide Live Remote Access to Its Annual Meeting of Shareholders on June 12, 2018 June 12th, 2018

Nanometrics Reports First Quarter 2018 Financial Results: Record Revenues, Gross Margin and Earnings; Outlook Strengthens for FY 2018 May 1st, 2018

Nanometrics to Announce First Quarter Financial Results on May 1, 2018 April 10th, 2018

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project