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Quotes & Info
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| DSTI > SEC Filings for DSTI > Form 8-K on 24-Apr-2012 | All Recent SEC Filings |
24-Apr-2012
Other Events
As previously reported, on April 29, 2011, DayStar Technologies, Inc. (the "Company") received a letter from the Nasdaq Stock Market notifying the Company that its common stock had failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of The Nasdaq Stock Market.
On April 23, 2012, the Nasdaq Stock Market issued another letter (the "Notice") to the Company stating that the Nasdaq Stock Market has determined that for the last 10 consecutive business days, from April 9, 2012 to April 20, 2012, the closing bid price of the Company's common stock has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2) and according to the Notice this matter is now closed.
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