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Quotes & Info
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| CHYR > SEC Filings for CHYR > Form 8-K on 29-Jan-2013 | All Recent SEC Filings |
29-Jan-2013
Other Events
On January 29, 2013, Chyron Corporation (the "Company") issued a press release announcing it received notification from the NASDAQ Stock Market ("NASDAQ") that it has regained compliance with the NASDAQ Listing Rule 5450(a)(1) (the "Minimum Bid Price Rule") requirement for continued listing on NASDAQ, as the bid price of the Company's common stock closed at or above $1.00 per share for a minimum of 10 consecutive business days.
The Company received notice on November 7, 2012 that it was not in compliance with the Minimum Bid Price Rule for continued listing on NASDAQ, as the bid price of the Company's common stock closed below the minimum $1.00 per share for the 30 consecutive business days prior to the date of the letter.
The letter from NASDAQ, received on January 25, 2013 stated that the Company's common stock closed at or above $1.00 per share for a minimum of 10 consecutive business days (from January 10, 2013 to January 24, 2013). Accordingly, the Company has regained compliance with the Minimum Bid Price Rule and this matter is now closed.
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