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| ABTL > SEC Filings for ABTL > Form 8-K on 27-Jul-2012 | All Recent SEC Filings |
27-Jul-2012
Other Events, Financial Statements and Exhibits
On July 26, 2012, Autobytel Inc., a Delaware corporation ("Autobytel" or the
"Company"), received a written notification from The NASDAQ Stock Market LLC
("NASDAQ") Listing Qualifications Department that the Company has regained
compliance with the $1.00 minimum bid price requirement for continued listing on
the NASDAQ Global Market pursuant to NASDAQ Listing Rule 5550(a)(2) (the
"Minimum Bid Price Requirement") and that the matter is now closed.
The notification from NASDAQ stated that on September 15, 2011, the staff
notified the Company that its common stock failed to maintain a minimum bid
price of $1.00 over the previous 30 consecutive business days as required by the
NASDAQ Listing Rules. Since then, however, the closing bid price of Autobytel's
common stock has been at $1.00 per share or greater for at least 10 consecutive
business days. Accordingly, Autobytel has regained compliance with the Minimum
Bid Price Requirement.
A copy of the press release issued by the Company on July 26, 2012 with respect
to this matter is attached hereto as Exhibit 99.1.
(d) Exhibits
99.1 Press Release dated July 26, 2012
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