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February 28, 2009

NYSE Suspends $1 Stock Price Minimum

Filed under: Blogroll — @ 11:45 pm

As I’m sure you have seen by now, the NYSE has decided to temporarily suspend the $1 price minimum requirement and extend the temporary change in market cap minimum from $25M to $15M for listed companies. We received approval from the SEC yesterday and both will be in effect through June 2009.

Why would we do this and more importantly why would we choose to do this now?

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