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Quotes & Info
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| BASI > SEC Filings for BASI > Form 8-K on 19-Nov-2009 | All Recent SEC Filings |
19-Nov-2009
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or S
On November 18, 2009, Bioanaltytical Systems, Inc. (the "Company") received a letter from the NASDAQ Listing Qualification Department (the "Letter") stating that the Company's application to transfer its common shares to the Capital Market has been approved. The transfer will occur on November 20, 2009.
The Company had previously been informed by the NASDAQ Stock Market that it did not meet minimum market value of publicly held shares and minimum bid price per share requirements. As a result of an increase in the market value of its stock, and lower minimum market value of publicly held shares for the Capital Market, the Company is now in compliance with the Capital Market requirements.
On November 19, 2009 the Company issued a press release announcing receipt of the Letter. A copy of that press release is attached as Exhibit 99.1 and is incorporated herein by reference.
99.1 Bioanalytical Systems, Inc. press release, issued November 19, 2009.
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