Radiation therapy products firm North American Scientific (NAS) of Chatsworth, CA, has received approval to continue to be listed on the Nasdaq Stock Market, the company reported.
In a letter dated February 4, Nasdaq informed NAS that it had demonstrated compliance with the exchange's marketplace rules, and that its listing qualifications panel had determined to continue to list NAS. In addition, Nasdaq has approved NAS's application to list its common stock on the Nasdaq Capital Market.
The company's common stock will be transferred from the Nasdaq Global Market to the Nasdaq Capital Market on February 6, and will continue to trade under the symbol "NASI."
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NAS posts higher revenue, greater loss in FY07, January 30, 2008
NAS completes $15.5 million in financing, January 22, 2008
Nasdaq approves NAS' plan for continued listing, December 13, 2007
NAS takes $1 million loan, December 12, 2007
Nasdaq denies NAS listing request, October 17, 2007
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