Fonar receives Nasdaq listing notice

AuntMinnie.com staff writers
Dec 21, 2006

MRI vendor Fonar received a notice from the Nasdaq stock exchange on December 19 indicating that the Melville, NY, company still fails to comply with the minimum bid price requirement for continued listing on the exchange.

Fonar has requested a hearing before a Nasdaq review panel to appeal the notice. The company expects the hearing to take place in February.

By AuntMinnie.com staff writers
December 22, 2006

Related Reading

Fonar nets German sale, December 5, 2006

Fonar installs Upright MRI in Indiana, November 30, 2006

Fonar revenue woes continue in Q1, November 10, 2006

Fonar revenues plunge, firm posts big loss, September 15, 2006

Fonar lands milestone U.K. sale, September 6, 2006

Copyright © 2006 AuntMinnie.com

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