Canadian imaging software developer Cedara Software of Mississauga, Ontario, has received notice of a Nasdaq staff determination that as of March 19 the company failed to comply with the minimum bid price and minimum stockholders’ equity requirements for continued listing on the exchange. According to the firm, it intends to request a hearing before a Nasdaq panel to review the decision and to discuss potential actions to achieve compliance with the exchange’s listing requirements.
By AuntMinnie.com staff writers
March 20, 2003
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