|
New
Release -- Superconductor Week does not edit or endorse the following
news release:
Superconductor
Technologies Inc. Regains Nasdaq Compliance
Santa Barbara, CA, Mar. 30: Superconductor
Technologies Inc. (NASDAQ:
SCOND) ("STI"),
a leading provider of high performance infrastructure products for wireless
voice and data applications, today announced it received notice from The Nasdaq
Stock Market on March 27, 2006, indicating that the company has regained
compliance with the $1.00 per share minimum closing bid price requirement for
continued listing on the Nasdaq Capital Market, pursuant to Nasdaq Marketplace
Rule 4310(a)(5). Nasdaq advised the company that the matter of the company's
compliance with that requirement is now closed.
STI's common stock has been trading on a
split-adjusted basis under the trading symbol "SCOND." Commencing April 10,
2006, STI expects the "D" designation will be removed, and its common stock will
resume trading under the symbol "SCON."
Return
to industry news releases |
