CAMBRIDGE, Mass.--(BUSINESS WIRE)--CombinatoRx, Incorporated (NASDAQ: CRXX) reported today that it received a letter, dated May 18, 2009, from the Listing Qualifications Department of The NASDAQ Stock Market informing the Company that it no longer complies with the minimum $10.0 million stockholders’ equity requirement for continued listing on The NASDAQ Global Market, as set forth in NASDAQ Marketplace Rule 5450(b)(1)(A). NASDAQ’s determination was based on a review of the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2009. At that time, the Company’s stockholders’ equity was reported at $7.6 million. The NASDAQ letter has no immediate effect on the listing of the Company’s common stock.
