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Representatives from BAM! Entertainment have announced that the company has received a letter from the Nasdaq listing qualifications department indicating that the compan...

David Jenkins, Blogger

February 11, 2004

1 Min Read

Representatives from BAM! Entertainment have announced that the company has received a letter from the Nasdaq listing qualifications department indicating that the company is subject to delisting because of its failure to comply with a marketplace rule that requires a minimum of $2,500,000 stockholders' equity, a market capitalization of $35,000,000 or net income of $500,000. The company plans to appeal the move, with a hearing scheduled within 45 days. If delisted, the company will attempt to have its common stock traded in the over-the-counter market via the Electronic Bulletin Board. Source: BAM! Entertainment

About the Author(s)

David Jenkins

Blogger

David Jenkins ([email protected]) is a freelance writer and journalist working in the UK. As well as being a regular news contributor to Gamasutra.com, he also writes for newsstand magazines Cube, Games TM and Edge, in addition to working for companies including BBC Worldwide, Disney, Amazon and Telewest.

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