Tag Archives: delisting

Verenium Corp (VRNM) Could Fall Off The NASDAQ

Verenium Corporation has been given a warning by NASDAQ.  The company is in violation of Marketplace Rule 4450 (b)(1)(A), which states that

Companies affiliated with NASDAQ Global Market must maintain a minimum market capitalisation of $50 million. As an alternative, a company may maintain total assets and total revenues of $50 million each for the most recently completed year (In this case 2007) or for two of the three most recent fiscal years.

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