Healthcare IT and advanced visualization developer Merge Healthcare has received another notice regarding compliance with listing requirements on the Nasdaq stock exchange.
On November 13, Nasdaq told Merge that that the Milwaukee-based company's failure to file its financial report for the third quarter (end-September 30) on time would serve as an additional basis for delisting the company's common stock.
The notice is in addition to prior Nasdaq notifications stating that Merge's common stock was subject to delisting, because the company did not file its second-quarter report (end-June 30) in a timely manner.
For Merge to continue listing its common stock on the Nasdaq Global Market exchange, the company must file its second- and third-quarter reports and all required restatements no later than January 29, 2008. Merge said it expects to meet the deadlines.
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Road to RSNA, PACS, Merge Healthcare, October 25, 2007
Merge offers affiliate program, August 29, 2007
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