Tuesday, April 27, 2010

BUSINESS NEWS: Aeterna Zentaris Regains Compliance with Nasdaq Minimum Bid Price Listing Requirement

Aeterna Zentaris Regains Compliance with Nasdaq Minimum Bid Price Listing Requirement

QUEBEC CITY, - Aeterna Zentaris Inc. (NASDAQ: AEZS; TSX: AEZ) (the "Company"), a late-stage drug development company specialized in oncology and endocrinology, announced today that it has received a letter from the Nasdaq Stock Market notifying it that the closing price per share of the Company's common stock was above the US$1.00 minimum bid price for 10 consecutive trading days and that, as a result, the Company has regained compliance with Marketplace Rule 5450(a)(1) (the minimum bid price rule) as of Friday, April 23, 2010.


SOURCE: CNW Newswire Press Release

No comments:

Post a Comment