Regent To Appeal NASDAQ Delisting
December 4, 2009 at 2:12 PM (PT)
REGENT COMMUNICATIONS has received written notification from NASDAQ that it failed to regain compliance with the $1 per share minimum bid price requirement by NOVEMBER 25th, 2009, which subjects its common stock to delisting. To prevent that, REGENT requested a hearing before a NASDAQ Listing Qualifications Panel on or before DECEMBER 7th, 2009.
REGENT also noted that "there can be no assurance that NASDAQ will grant the Company's request for continued listing."