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Article: Potential Nasdaq Delisting of Galaxy Foods.
- Article from:
- Business Wire
- Article date:
- September 11, 1998
CopyrightCOPYRIGHT 1998 Business Wire. 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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ORLANDO, Fla.--(BUSINESS WIRE)--Sept. 11, 1998--Galaxy Foods Co. (NASDAQ:GALX) Friday reported the company has been notified by Nasdaq of a potential delisting from their Small Cap Market.
During 1997, Nasdaq issued new criteria for their SmallCap Market. These criteria included requirements for net tangible assets, public float, number of shareholders and minimum bid price. As of Sept. 11, 1998, the date on which the proposed delisting was to occur, Galaxy Foods far exceeds each new requirement, with the exception of maintaining a minimum bid price of $1.00. On Sept. 11, 1998, the company requested a hearing to appeal the proposed delisting. The company ...
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Article: Galaxy Foods pulls out of Pacific Foods/HZ Foods ...
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... ... and industrial markets. Galaxy Foods is the inventor and originator ... more information, contact Rebecca Barksdale at 407/855-5500, ext ... some systems. CONTACT: Galaxy Foods Co., Orlando Rebecca Barksdale, 407/855-5500, ext ...
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