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Article: Tidel Transfers to Nasdaq SmallCap Market Today.
- Article from:
- PR Newswire
- Article date:
- March 22, 2002
CopyrightCOPYRIGHT 2002 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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HOUSTON -- Tidel Technologies, Inc. today announced that it has received approval from The Nasdaq Stock Market to transfer its listing from the National Market to the SmallCap Market effective at the opening of business today. The Company's trading symbol will remain "ATMS".
Mark K. Levenick, Interim CEO, stated, "The voluntary transfer, which should be transparent to our shareholders, will afford Tidel the longest grace period to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share. Tidel will now have until August 13, 2002 to resume trading above $1.00 per share. If the Company does not meet the minimum share price requirement by ...
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