Mace Security International, Inc. is Notified of Regaining Compliance with NASDAQ $1.00 Minimum Bid Rule
15 Janvier 2010 - 10:00PM
Business Wire
Mace Security International, Inc. ("Mace" or the “Company”)
(NASDAQ Global: MACE) announced that it received a letter on
January 14, 2010 from the NASDAQ Listing Qualifications Department
stating the Company has regained compliance with NASDAQ Listing
Rule 5450(a)(1) in that the Company’s closing bid price has been at
$1.00 per share or greater for at least 10 consecutive business
days. The January 14, 2010 notification also stated that the matter
of the deficiency, as set forth in the October 9, 2009 notice, is
now closed.
The October 9, 2009 non-compliance notice with NASDAQ Listing
Rule 5450(a) (1) had made the Company’s common stock subject to
being delisted from The NASDAQ Stock Market. In accordance with
NASDAQ Listing Rule 5810(c) (3) (A), the Company had a grace period
of 180 calendar days expiring on April 7, 2010 to regain
compliance.
Dennis Raefield, CEO and President of Mace, stated, “We
appreciate our shareholders’ continued confidence in our share
price, intrinsic value, and strategic direction and Mace is pleased
to put this non-compliance matter behind us.”
About Mace
Mace Security International, Inc. is the manufacturer of
personal defense and electronic surveillance products marketed
under the famous brand name, Mace®, and is an owner and operator of
a wholesale central monitoring station. The Company also operates a
digital media marketing and e-commerce business. Mace’s web site is
www.mace.com.
Certain statements and information included in this press
release constitute “forward-looking statements” within the meaning
of the Federal Private Securities Litigation Reform Act of 1995.
When used in this press release, the words or phrases “will likely
result”, “are expected to”, “will continue”, “is anticipated”,
“estimate”, “projected”, “intend to” or similar expressions are
intended to identify “forward-looking statements” within the
meaning of the Private Securities Litigation Reform Act of 1995.
Such statements are subject to certain risks, known and unknown,
and uncertainties. A discussion of factors that could materially
adversely affect the Company’s financial performance and cause
actual results for future periods to differ materially from the
statements expressed within this press release, are contained under
the heading “Risk Factors” in Mace’s SEC filings, including its
periodic reports on Form 10-K and Form 10-Q which reports should be
read in conjunction with this press release.
Mace Security International (MM) (NASDAQ:MACE)
Graphique Historique de l'Action
De Jan 2025 à Fév 2025
Mace Security International (MM) (NASDAQ:MACE)
Graphique Historique de l'Action
De Fév 2024 à Fév 2025
Real-Time news about Mace Security International (MM) (NASDAQ): 0 recent articles
Plus d'articles sur Mace Security International, Inc.