Chyron Corporation Regains Compliance With NASDAQ Listing Requirements
January 29, 2013 12:02 ET
Chyron Corporation Regains Compliance With NASDAQ Listing Requirements
MELVILLE, NY--(Marketwire - Jan 29, 2013) - Chyron (
Chyron received notice on November 7, 2012 that it was not in compliance with the Minimum Bid Price Rule for continued listing on NASDAQ, as the bid price of the Company's common stock closed below the minimum $1.00 per share for the 30 consecutive business days prior to the date of the letter.
The letter from NASDAQ, received on January 25, 2013 stated that Chyron's common stock closed at or above $1.00 per share for a minimum of 10 consecutive business days (from January 10, 2013 to January 24, 2013). Accordingly, Chyron has regained compliance with the Minimum Bid Price Rule and this matter is now closed.
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