Radiology information technology and advanced visualization developer Merge Healthcare of Milwaukee has received a second delisting notice from the Nasdaq stock exchange.
The company said it received written notification from Nasdaq on May 16 that the company's failure to file its 10-Q report for the quarter ending March 31 would serve as an additional basis for the exchange to delist Merge's stock. Merge earlier this year received a delisting notice from Nasdaq due to its failure to file its 10-K annual report on time.
Merge has petitioned Nasdaq for an extension through June 30 to regain compliance, but the exchange has not yet informed Merge of its decision on the request.
By AuntMinnie.com staff writers
May 22, 2006
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