Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing.
On July 22, 2009, Video Display Corporation (the "Company") received a letter
from The Nasdaq Stock Market stating that the Company is not in compliance with
the requirements for continued listing set forth in Nasdaq Listing
Rule 5250(c)(1) because of the Company's failure to timely file its Quarterly
Report on Form 10-Q for the period ended May 31, 2009.
Pursuant to Nasdaq's Listing Rules, the Company has 60 days to submit a plan to
Nasdaq to regain compliance. The Company will endeavor to become current in its
reporting obligations within such 60-day period, and intends to submit a
compliance plan to Nasdaq if it is unable do so. Following any such submission,
Nasdaq may provide the Company with up to 180 days (until January 19, 2010), to
regain compliance.
Add
VIDE to Portfolio
Set Alert
Email to a
Friend