Mammography vendor Fischer Imaging received a Nasdaq staff determination on April 16 indicating that the company’s failure to timely file its Form 10-K annual report for 2002 violates Nasdaq listing qualifications. As such, the company’s securities are subject to delisting from the Nasdaq National Market.
Denver-based Fischer said it would respond by requesting a hearing before the Nasdaq Listing Qualifications Panel to review the decision, and that this request will stay the delisting pending the outcome of the hearing. Pending the hearing outcome, a fifth letter, "E", will be appended to Fischer’s ticker symbol (FIMG).
By AuntMinnie.com staff writersApril 21, 2003
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