- TheStreet.com•9 months ago
Paragon Shipping (PRGN) stock is plummeting this afternoon after the company received a notice of non-compliance from Nasdaq.
- PR Newswire•9 months agoParagon Shipping Announces Receipt Of Notice Of Non-Compliance From NASDAQ, Transfer Of Listing To The OTC Markets And Developments On Newbuilding Contracts
ATHENS, Greece, May 25, 2016 /PRNewswire/ -- Paragon Shipping Inc. (PRGN) (the "Company") announced today that it has received written notification from The NASDAQ Stock Market ("NASDAQ") dated May 19, 2016, indicating that because the Company's stockholders' equity as of December 31, 2015 was below $2,500,000, the Company no longer meets the minimum stockholders' equity requirement for The NASDAQ Capital Market, set forth in NASDAQ Listing Rule 5550(b)(1). Pursuant to the NASDAQ Listing Rules, the Company has 45 calendar days to submit a plan to regain compliance.
- Capital Cube•9 months ago
Click here to see latest analysisParagon Shipping, Inc. reports financial results for the year ended December 31, 2015.We analyze the earnings along side the following peers of Paragon Shipping, Inc. – Eagle Bulk Shipping Inc and Danaos Corporation (EGLE-US and DAC-US) that have also reported for this period.HighlightsGross margins narrowed from -5.84% to -39.70% compared […] (Read more...) The post Paragon Shipping, Inc. :PRGN-US: Earnings Analysis: 2015 By the Numbers appeared first on CapitalCube.
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