DAVIS, Calif.--(BUSINESS WIRE)--Marrone Bio Innovations, Inc. (the “Company”) (NASDAQ:MBII) today announced that it has received a letter from The NASDAQ Stock Market LLC (“NASDAQ”) indicating that a NASDAQ Hearings Panel (the “Panel”) granted the Company’s request to extend the stay of any suspension in trading in the Company’s common stock on NASDAQ at least pending the completion of the Company’s scheduled hearing before the Panel and a final determination regarding the Company’s listing status. As previously announced, as part of the Company’s request for a hearing before the Panel, the Company requested the extended stay of any suspension in trading. Also as previously announced, the hearing is scheduled for June 18, 2015. Although the Panel typically issues decisions within 30 days of the hearing date, there is no requirement that the Panel do so within that time frame.
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