Medical imaging and PACS software developer Cedara Software has been notified by the Nasdaq Stock Market that it has regained compliance with the exchange’s SmallCap Market minimum bid price requirement. In addition, the Mississauga, Ontario-based firm said it has received a temporary exemption until June 30 from the shareholders' equity requirement, subject to meeting certain conditions. If Cedara is deemed by Nasdaq to have met the terms of the exception, it will continue to be listed on the Nasdaq SmallCap Market.
By AuntMinnie.com staff writers
May 12, 2003
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