Radiology IT and advanced visualization developer Merge Healthcare has received written notification from the Nasdaq Stock Market that the firm's failure to timely file its quarterly report on Form 10-Q for the quarter ended June 30 would serve as an additional basis for delisting the company's common stock.
The notification also said that the Nasdaq Listing Qualifications Panel will further consider the matter in rendering its determination regarding Merge's listing on the Nasdaq Global Market, according to the Milwaukee-based firm. Merge said it's working to make all of its necessary filings by Nasdaq's August 29 deadline.
By AuntMinnie.com staff writers
August 17, 2006
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