Presstek Announces Listing Transfer to NASDAQ Capital Market
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To regain compliance with The NASDAQ Global Market continued listing requirements, the closing bid price of the company’s common stock must meet or exceed $1.00 per share for a minimum of 10 consecutive business days. The company was granted until April 23, 2012 to regain compliance. In anticipation of not meeting the minimum bid price continued listing requirement, the Company requested, and on April 17, 2012 received, approval from NASDAQ to transfer the listing of its common stock from The NASDAQ Global Market to The NASDAQ Capital Market.
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- Presstek Inc.
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