Nasdaq still reviewing Fonar compliance

The Nasdaq stock exchange is continuing to review whether MRI firm Fonar is now in compliance with its continued listing requirements.

The Melville, NY-based vendor recently filed its Form 10-K for the fiscal year ending June 30. Nasdaq's decision is expected shortly, Fonar said.

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Fonar signs New York imaging chain, January 21, 2009

Fonar rejects takeover bid, posts higher net loss, November 20, 2008

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