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| ALTI > SEC Filings for ALTI > Form 8-K on 9-Jan-2013 | All Recent SEC Filings |
9-Jan-2013
Regulation FD Disclosure, Other Events, Financial Statements and Exhi
On January 9, 2013, Altair issued a press release entitled "Altair Nanotechnologies Inc. Regains Compliance With NASDAQ Minimum Bid Price Requirements". A copy of this press release is furnished hereto as Exhibit 99.1.
The information set forth in this Item 7.01 and Exhibit 99.1 attached hereto is intended to be furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such filing.
On January 3, 2013, Altair Nanotechnologies Inc. (the "Company") received a letter from the Nasdaq Stock Market ("NASDAQ") confirming that the closing bid price of the Company's has been at $1.00 per share or greater for at least 10 consecutive business days and, therefore, the Company has regained compliance with the minimum bid price requirement of NASDAQ Listing Rule 5550(a)(2) (the "Rule").
On January 6, 2012, Altair received notification from NASDAQ indicating the Company was not in compliance with the $1.00 minimum bid price requirement for continued listing on the NASDAQ Capital Market, as set forth in the Rule. On July 6, 2012, the Company was granted an additional 180 days to regain compliance with the Rule, which was scheduled to expire on January 2, 2013. As a result of satisfying the minimum bid price requirement, the matter identified in the January 2012 letter is now closed.
(d) Exhibits.
99.1 Press release entitled "Altair Nanotechnologies Inc. Regains Compliance With NASDAQ Minimum Bid Price Requirements".
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