Presstek Announces Listing Transfer to NASDAQ Capital Market

The NASDAQ Capital Market is a continuous trading market that operates in substantially the same manner as The NASDAQ Global Market and listed companies must meet certain financial requirements and comply with NASDAQ’s corporate governance requirements.

The company also announced today that it will seek stockholder approval of an amendment to its Certificate of Incorporation to effect a reverse stock split in the range of 1-for-2 to 1-for-15 shares of common stock. The board of directors would retain discretion over whether to implement the reverse stock split and over the exact ratio of the reverse stock split.