OrthoLogic Corporation Receives Nasdaq Notice Letter

TEMPE, Ariz., Aug. 11, 2008 (PRIME NEWSWIRE) -- OrthoLogic Corp. (“the Company”) received a letter from The Nasdaq Stock Market, dated August 8, 2008, notifying it that for the 30 consecutive business days preceding the date of the letter, the bid price of the Company’s common stock had closed below the $1.00 per share minimum bid price required for continued inclusion on The Nasdaq Global Market pursuant to Nasdaq Marketplace Rule 4450(a)(5). This notification has no effect on the listing of the Company’s common stock at this time.

MORE ON THIS TOPIC