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Article: Socket Communications Regains Compliance With Nasdaq Minimum Bid Price Rules.
- Article from:
- PR Newswire
- Article date:
- January 3, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEWARK, Calif., Jan. 3 /PRNewswire-FirstCall/ -- Socket Communications, Inc. , an innovative provider of mobile productivity products, today announced that it received a Nasdaq Staff Letter, dated December 26, 2006, advising that the Company has regained compliance with the minimum $1.00 bid price requirement for continued listing on the Nasdaq Global Market Exchange required by Marketplace Rule 4450(a)(5). Previously, on December 11, 2006, Socket received a received a letter from the Listing Qualifications Department of The Nasdaq Stock Market indicating that the Company had failed to comply with the minimum bid price requirement of $1.00 over the previous 30 ...