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Quotes & Info
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| EPCT > SEC Filings for EPCT > Form 8-K on 3-Nov-2009 | All Recent SEC Filings |
3-Nov-2009
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Tran
On November 2, 2009, EpiCept Corporation (the "Company") received a letter from the Nasdaq Listing Qualifications Department stating that the Nasdaq Hearings Panel (the "Panel") has determined to grant the request of the Company to remain listed on the Nasdaq Stock Market. The Company's continued listing is subject to the condition that on or before February 1, 2010, the Company must have evidenced a closing bid price of $1.00 or more for a minimum of ten prior consecutive trading days (or, under certain circumstances, such longer period as the Panel may determine).
As previously announced, on August 3, 2009, the Company received a letter from the Nasdaq Listing Qualifications Department stating that the Company had not regained compliance with the minimum bid price requirement under Listing Rule 5550(a)(2) by July 28, 2009 and, as a result, its common stock would be subject to delisting from The Nasdaq Capital Market unless the Company requested an appeal before the Panel. The Company requested a hearing and appeared before the Panel on September 23, 2009. On November 2, 2009, the Panel rendered its determination to continue the Company's listing.
99.1 Press release of EpiCept Corporation, dated November 3, 2009, announcing that the Nasdaq Panel grants EpiCept Corporation's request for continued listing.
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