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| MSHL > SEC Filings for MSHL > Form 8-K on 22-Sep-2009 | All Recent SEC Filings |
22-Sep-2009
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standa
On September 16, 2009, Marshall Edwards, Inc. (the "Company") received notice
from The Nasdaq Stock Market ("Nasdaq") stating that for the last 30 consecutive
business days, the bid price for the Company's common stock had closed below the
minimum $1.00 per share required for continued inclusion on the Nasdaq Global
Market under Nasdaq Rule 5450(a)(1). The notification letter states that the
Company will be afforded a grace period of 180 calendar days, or until March 15,
2010, to regain compliance with the minimum bid price requirement in accordance
with Nasdaq Rule 5810(c)(3)(A). In order to regain compliance, shares of the
Company's common stock must maintain a minimum bid closing price of at least
$1.00 per share for a minimum of ten consecutive business days during the grace
period.
The Company intends to actively monitor the bid price of its common stock
between now and March 15, 2010.
On September 22, 2009, the Company issued a press release announcing its
receipt of the notice from Nasdaq. A copy of the press release is attached
hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press Release issued by Marshall Edwards, Inc. dated September 22, 2009
Signature Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
By: /s/ David R. Seaton
David R. Seaton
Chief Financial Officer
Dated: September 22, 2009
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