Quantum Technologies Regains Compliance with Nasdaq's Continued Listing Requirements IRVINE, Calif., Feb. 16 /PRNewswire-FirstCall/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) announced today that it received written notification from The Nasdaq Stock Market ("Nasdaq") that the Company has regained compliance with Nasdaq's Listing Rule 5250(c)(1) and that the Company's common stock will remain listed on Nasdaq.
On January 29, 2010, the Company announced that it had received a letter from Nasdaq stating that the Company was in violation of Listing Rule 5250(c)(1) because it failed to file its Quarterly Reports on Form 10-Q for the fiscal quarters ended July 31, 2009 and October 31, 2009 ("Delinquent Quarterly Reports") and that, as a consequence of such violation, the Company's common stock would be delisted on February 4, 2010. On February 11, 2010, the Company filed the Delinquent Quarterly Reports and is now current in its periodic filings. On February 12, 2010, the Company received written notification from Nasdaq that by filing the Delinquent Quarterly Reports it had regained compliance with Listing Rule 5250(c)(1) and the Company's common stock will remain listed on Nasdaq.
http://www.prnewswire.com/news-releases/...requirements-84470027.html |