It appears you have not yet registered with our community. To register please click here...

Go Back [M] > Madshrimps > WebNews
OCZ Technology Obtains Favorable NASDAQ Listing Determination OCZ Technology Obtains Favorable NASDAQ Listing Determination
FAQ Members List Calendar Search Today's Posts Mark Forums Read

OCZ Technology Obtains Favorable NASDAQ Listing Determination
Thread Tools
Old 29th May 2013, 08:38   #1
[M] Reviewer
Stefan Mileschin's Avatar
Join Date: May 2010
Location: Romania
Posts: 112,942
Stefan Mileschin Freshly Registered
Default OCZ Technology Obtains Favorable NASDAQ Listing Determination

OCZ Technology Group, Inc. (NASDAQ: OCZ), a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced that on May 28, 2013 the Company received a determination from the NASDAQ Listing Qualifications Panel (the "Panel") indicating that the Panel had granted the Company's request to remain listed on The NASDAQ Stock Market, subject to the condition that the Company is current in the filing of its periodic reports with the Securities and Exchange Commission by September 16, 2013. The Company is required to promptly notify NASDAQ of significant events that occur during the exception period. The Panel reserves the right to reconsider the terms of the exception if it believes that the continued listing of the Company's common stock on The NASDAQ Stock Market is inadvisable or unwarranted.

The determination follows the Company's hearing before the Panel on May 16, 2013, at which the Panel considered the Company's plan to regain compliance with NASDAQ's filing requirement. The Company is working to timely satisfy the terms of the Panel's decision; however, there can be no assurance that it will be able to do so.
"We are delighted that NASDAQ has granted us this extension. As recognized by this extension, the Company has made substantial progress in becoming current with our filings and we look forward to completing this as soon as possible," said Ralph Schmitt, CEO of OCZ Technology Group.
Stefan Mileschin is offline   Reply With Quote

Similar Threads
Thread Thread Starter Forum Replies Last Post
Nasdaq bonuses cut over Facebook debacle Stefan Mileschin WebNews 0 15th April 2013 08:26
OCZ Technology Provides Update on Restatement Process and NASDAQ Status Stefan Mileschin WebNews 0 9th April 2013 09:02
VIA Labs VL811+ USB 3.0 Hub Controller Obtains USB-IF Certification Stefan Mileschin WebNews 0 4th January 2013 07:43
OCZ Receives Extension to Regain Compliance with NASDAQ Listing Requirements Stefan Mileschin WebNews 0 22nd December 2012 07:16
ITC Issues Notice of Final Determination in Rambus Matter Stefan Mileschin WebNews 0 27th July 2012 08:35
Zuckerberg blames Nasdaq for falling share price Stefan Mileschin WebNews 0 19th June 2012 08:00
Facebook's NASDAQ slide continues, hits all-time low Stefan Mileschin WebNews 0 6th June 2012 07:57
WD to Move Stock Listing to NASDAQ Stefan Mileschin WebNews 0 24th May 2012 08:38
WD To Move Stock Listing To NASDAQ Stefan Mileschin WebNews 0 23rd May 2012 09:12
OCZ Technology Gets Listed on NASDAQ Exchange jmke WebNews 0 22nd April 2010 16:02

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

All times are GMT +1. The time now is 13:30.

Powered by vBulletin® - Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO