EXACT Sciences Corporation Receives Communication from NASDAQ on Listing Status
MARLBOROUGH, Mass.--(BUSINESS WIRE)--EXACT Sciences Corporation (NASDAQ: EXAS) announced today it has received notice from the NASDAQ Listing Qualifications Panel (the “Panel”) that the Company’s common stock will be transferred from The NASDAQ Global Market to The NASDAQ Capital Market. The transfer will be effective with the open of trading on Friday, November 28, 2008. The Company’s shares will continue to trade under the ticker “EXAS” while on The NASDAQ Capital Market. Despite this transfer, the Panel may still determine to delist the Company at any point in time pending further analysis of the Company’s plans for demonstrating compliance with the listing requirements for the NASDAQ Capital Market.