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Interplay Delisted From Nasdaq

Discussion in 'Game/SP News & Comments' started by NewsPro, Oct 10, 2002.

  1. NewsPro Gems: 30/31
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    (Originally posted by Mollusken)

    Interplay has been delisted from Nasdaq trade, and according to RPGDot this happened because the Interplay stocks stayed below 1 USD for a certain time. The stocks are now around 8 cent. Here's the press release from Interplay.

    IRVINE, Calif., Oct. 9 /PRNewswire-FirstCall/ -- Interplay Entertainment Corp. (Nasdaq: IPLY - News) announced today that, after the close of the market yesterday, it received notice from The Nasdaq Stock Market, Inc. that the Company's common stock will be delisted from trading on The Nasdaq SmallCap Market effective with the opening of trading on October 9, 2002, due to the Company not meeting certain minimum listing requirements. The company expects that its common stock will become eligible at that time or shortly thereafter for trading on the NASD-operated Over-the-Counter Bulletin Board (OTCBB) under the symbol IPLY.

    The company has until October 23, 2002 to request a review of the decision by the Nasdaq Listing and Hearing Review Council. The company is considering whether to seek a review.
     
    NewsPro, Oct 10, 2002
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