Rochester,NY 8/31/2009 11:28:29 PM
American Bio Medica Corporation.,ABMC-delisting notice from the NASDAQ Stock Market
American Bio Medica Corporation
Aug 28, 2009, American Bio Medica Corporation (NASDAQ: ABMC) recently declared that, on August 25, 2009, it received a delisting notice from the NASDAQ Stock Market, for failure to regain compliance with the minimum bid price requirement pursuant to Listing Rule 5550(a)(2).
The Company can seek a hearing to appeal NASDAQ’s determination by 4:00 p.m. (ET) on September 1, 2009, however, if the Company does not request a hearing, trading of the Company’s common stock will be suspended at the opening of business on September 3, 2009, and a Form 25-NSE will be filed with the Securities and Exchange Commission (“SEC”), which will remove the Company’s securities from listing and registration on the NASDAQ Capital Market
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