Trend Micro Announces Intention to Delist its ADRs from NASDAQ and Terminate its SEC Reporting Obligations
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As of mid-April, short interest in 2,756 NASDAQ Global Market(sm) securities totaled 7,819,110,519 shares compared with 7,707,876,747 shares in 2,758 Global Market issues for the month of March.
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ECI Telecom, a global provider of networking infrastructure equipment, announced today that Veraz Networks, a company in which ECI holds approximately 40%, priced its initial public offering on NASDAQ at $8 per share (before underwriting discounts).
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Chordiant Software, Inc., the leading provider of Customer Experience software and services, and IBM Corporation, today announced their upcoming jointly sponsored Customer Experience Summit entitled: "Re-energizing the Global Brand,"Â to be held at the NASDAQ MarketSite in New York City on May 2, 2007 from 9:00 am to 4:30 pm EDT.
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On April 3, 2007, NEC received a letter from the Nasdaq Listing and Hearings Review Council stating that the Council has determined to stay the delisting of NEC's American depositary receipts.
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Marvell Technology Group Ltd. today announced that it has received a notice from the NASDAQ Stock Market on March 30, 2007 stating that the Company is not in compliance with NASDAQ's Marketplace Rule 4310(c) (14) because the Company has not timely filed its Annual Report on Form 10-K for the fiscal year ended January 27, 2007
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Electronics for Imaging, Inc. today announced that it received an additional Nasdaq Staff Determination notice on March 8, 2007 for failure to comply with Nasdaq Marketplace Rule 4310(c)(14) because EFI has not timely filed its Annual Report on Form 10-K for the year ended December 31, 2006.
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On February 22, NEC announced that it had been notified by the NASDAQ Stock Market LLC that the NASDAQ Listing Qualifications Panel had granted NEC's request for continued listing of its American depositary receipts ("ADRs") on the NASDAQ Global Select Market on the condition that NEC file its Form 20-F for the fiscal year ended March 31, 2006 (the "2006 Form 20-F") with the Securities and Exchange Commission on or before April 2, 2007.
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Extreme Networks, Inc. today announced that on February 20, 2007 it received a Nasdaq Staff Determination stating that the Company is not in compliance with Marketplace Rule 4310 because it did not timely file its report on Form 10-Q for the quarter ended December 31, 2006 and, therefore, that its common stock is subject to delisting from The Nasdaq Global Market (the "Second 10-Q Determination").
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Applied Digital, announced today that its VeriChip Corporation subsidiary completed its initial public offering and commenced trading on the Nasdaq Global Market under the symbol "CHIP." VeriChip offered 3,100,000 shares of its common stock at $6.50 per share, before underwriting discounts and commissions.
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irrus Logic Inc. today announced that it received, as expected, an additional Nasdaq Staff Determination letter
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