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Interplay Keeps Listing

Interplay will continue to trade its stock on the Nasdaq's National Market. The company had faced the possibility of losing it Nation Market listing because of its failur...
Interplay will continue to trade its stock on the Nasdaq's National Market. The company had faced the possibility of losing it Nation Market listing because of its failure to meet all of the market's listing requirements, but an appeal to the Listing Qualifications Panel came down in Interplay's favor. The panel decided that Interplay has demonstrated compliance with Nasdaq's net tangible assets criteria and may keeps its listing as long as the company's assets do not fall below $8.3 million in its third quarter. Interplay must also provide documentation of compliance with Nasdaq's voting requirements by August 21. "We presented our case to a Nasdaq Listing Qualifications Panel, and are pleased that we were successful in demonstrating compliance with the listing requirements,'' said Interplay's Brian Fargo.

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