North American Scientific Inc. Regains Compliance on Nasdaq Capital Market

Published: Oct 27, 2008

CHATSWORTH, Calif.--(BUSINESS WIRE)--North American Scientific, Inc. (Nasdaq:NASM), referred to herein as “the Company”, today announced that it received a letter from The Nasdaq Stock Market (“Nasdaq”) dated October 24, 2008 indicating that the Company is in compliance with the minimum $2.5 million stockholders’ equity requirement for continued listing. As a result of regaining compliance with Nasdaq Marketplace Rules, The Nasdaq Listing Qualifications Panel has determined that the hearing scheduled for October 30, 2008 is no longer necessary. The Company’s common stock will continue to be listed on The Nasdaq Capital Market and will continue to trade under the symbol “NASM.”

Back to news