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Article: South Texas Oil Company Regains Compliance With Nasdaq Listing Requirements.
- Article from:
- PR Newswire
- Article date:
- June 23, 2009
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SAN ANTONIO, June 23 /PRNewswire-FirstCall/ -- South Texas Oil Company today announced that it has been notified by the Nasdaq that it has regained compliance with continuing listing requirements for the Nasdaq Global Market.
As previously disclosed, on May 20, 2009, South Texas Oil Company received a Nasdaq Staff Deficiency Letter from Nasdaq's Listing Qualifications Department indicating that the Company was not in compliance with the minimum $10,000,000 stockholders' equity requirement for continued listing on the Nasdaq Global Market.
As disclosed in the Company's Form 8-K filed with the Securities and Exchange Commission on June 18, 2009, the ...