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Zalicus Inc. Message Board

  • ctbradley11@att.net ctbradley11 Mar 21, 2013 3:12 PM Flag

    Delisting, R/S, and NASDAQ Capital Market are all real possibilities...all suck !!

    We have until April 22, 2013, to regain compliance with the Rule. If at any time before April 22, 2013, the bid price of our common stock closes at or above $1.00 per share for a minimum of 10 consecutive business days, we will have achieved compliance with the Rule. If compliance with the Rule cannot be demonstrated by April 22, 2013, our common stock will be subject to delisting from the NASDAQ Global Market.

    We will continue to monitor the bid price for our common stock and will consider various options available to us if our common stock does not trade at a level that is likely to regain compliance with the Rule, including potentially applying to list our common stock on the NASDAQ Capital Market.

    Sentiment: Hold

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