Spacehab Subject to NASDAQ Delisting

SPACEHAB Announces Receipt of NASDAQ Staff Determination Letter

"SPACEHAB, Incorporated, a leading provider of commercial space services, today announced its receipt of a NASDAQ Staff Determination letter on October 7, 2008 indicating that the Company has failed to regain compliance with NASDAQ Marketplace Rule 4310(c)(4), and that its securities are, therefore, subject to delisting from The NASDAQ Capital Market. The Company plans to request a hearing before a NASDAQ Listing Qualifications Panel to present its plan of compliance and request continued listing pending the completion of the plan. However, there can be no assurance the Panel will grant the Company's request for continued listing."

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This page contains a single entry by Keith Cowing published on October 11, 2008 12:36 AM.

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