Navigation Links
XTL to Appeal NASDAQ Staff Determination; XTL May Transfer its ADR Listing to the NASDAQ Capital Market
Date:9/26/2007

VALLEY COTTAGE, New York, September 26 /PRNewswire-FirstCall/ -- XTL Biopharmaceuticals Ltd. (NASDAQ: XTLB; LSE: XTL; TASE: XTL) today announced that on September 24, 2007, the Company received a NASDAQ Staff Determination indicating that the Company fails to comply with the minimum $10 million shareholders' equity requirement for continued listing on the NASDAQ Global Market as set forth in Marketplace Rule 4450(a)(3), and that its ADRs are, therefore, subject to delisting from the NASDAQ Global Market. On August 28, 2007, the Company previously disclosed the receipt of a Staff Letter from NASDAQ, regarding this deficiency in shareholders' equity.

The Company has requested a hearing before a NASDAQ Listing Qualifications Panel to review the Staff Determination. A hearing request will stay the suspension of the Company's ADRs from the NASDAQ Global Market pending the Panel's decision. There can be no assurance that the Panel will grant the Company's request for continued listing. If the Panel does not grant the Company's request for continued listing, the Company has the option to transfer its ADR listing to the NASDAQ Capital Market, previously called the NASDAQ SmallCap Market.

The NASDAQ Capital Market is a continuous trading market that operates in the same manner as The NASDAQ Global Market. The NASDAQ Capital Market is not related to, nor does it operate similarly to the over-the-counter markets including the OTCBB and Pink Sheets. Should the Company transfer its ADR listing to The NASDAQ Capital Market, its trading symbol on NASDAQ would remain "XTLB," and the Company does not expect any interruption in the trading of its ADRs.

The NASDAQ Capital Market includes over 500 issuers of a wide rang
'/>"/>

SOURCE XTL Biopharmaceuticals Ltd
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3

Related biology technology :

1. Simplicity appeals to CIOs, but its no easy task
2. Wireless networking appeals to cities around Milwaukee
3. Stratagene sets aside $21M to pay Third Wave pending appeal
4. Shorter name appeals to more online visitors for Madison firm
5. Stratagene to appeal verdict won by Third Wave
6. NASDAQ will continue to list Merge
7. NASDAQ grants Merge more time for compliance
8. NASDAQ will continue to list Merge
9. No word on NASDAQ extension for Merge
10. NASDAQ puts Merge on notice again
11. Epic Systems will build well beyond current staff size
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/28/2015)... 28, 2015  Quest Diagnostics Incorporated (NYSE: DGX ... announced that it is scheduled to speak at the ... Steve Rusckowski , the company,s President and CEO, will ...  The presentation is scheduled for Tuesday, June 2, 2015 ... will be webcast live during the conference and will ...
(Date:5/28/2015)... 28, 2015 ... announced the addition of Jain PharmaBiotech,s ... Markets and Companies"  to their offering.  ... describes and evaluates animal biotechnology and ... pharmaceuticals as well as improvement in ...
(Date:5/28/2015)... , May 27, 2015 Research ... addition of Jain PharmaBiotech,s new report ... their offering. An increasing use ... industries is anticipated. Nanotechnology will be applied ... from formulations for optimal delivery to diagnostic ...
(Date:5/28/2015)... 2015 Research and Markets( http://www.researchandmarkets.com/research/l9dqwt/animal_genetics ) has ... by Products, by Testing services - Global Forecast to ... global animal genetics market is estimated to be worth ... CAGR of 8-9% during the forecast period of 2014 ... by increasing animal protein consumption, increasing adoption of advanced ...
Breaking Biology Technology:Quest Diagnostics to Speak at the Jefferies 2015 Global Healthcare Conference 2Global Animal Biotechnology Report 2015 - Technologies, Markets and Companies Analysis to 2024 2Global Animal Biotechnology Report 2015 - Technologies, Markets and Companies Analysis to 2024 3Global Nanobiotechnology Market 2015-2024 - Applications, Markets and Companies 2Global Nanobiotechnology Market 2015-2024 - Applications, Markets and Companies 3Global Animal Genetics (Canine, Equine, Poultry, Porcine, Bovine, and Genetic Material) Market 2015 - Global Forecast to 2020 2
... plant-derived insulin program, scheduled to enter the ... SBS, CALGARY, July 29 /PRNewswire-FirstCall/ - SemBioSys ... of therapeutic,proteins for metabolic and cardiovascular diseases, today ... (IND) application for,safflower-produced recombinant human insulin to the ...
... American College of Chest Physicians (ACCP) Guidelines Will Increase ... Use of Trellis(R) Peripheral Infusion ... College of Chest,Physicians (ACCP) has published new evidence-based clinical ... use of pharmacomechanical,thrombolysis for acute iliofemoral deep vein thrombosis ...
... Washington, DC State and local officials have taken ... nanomaterials, a major step for a cutting-edge technology that ... , On July 28, the Cambridge (Mass.) Public ... take several steps to gain a better understanding of ...
Cached Biology Technology:SemBioSys submits IND for safflower-produced insulin to U.S. FDA 2SemBioSys submits IND for safflower-produced insulin to U.S. FDA 3Chest Physicians Now Suggest Early Intervention for Certain Blood Clots in DVT 2Local officials move toward monitoring nanotechnologies 2Local officials move toward monitoring nanotechnologies 3
(Date:5/28/2015)... , May 28, 2015 Industry analyst ... a new report titled "Markets for Self-Healing Materials: ... inorganic capsule and vascular systems, biomaterials, relevant shape ... to around $2.7 billion by 2020. ... extensive coverage of smart materials. Other recent n-tech reports ...
(Date:5/27/2015)... 27, 2015   Codonics (codonics.com), ... and image documentation solutions and Omnicell ... automation solutions, is pleased to announce their ... Safe Label System® (SLS), an award-winning FDA ... the Omnicell Anesthesia Workstation, helps prevent medication ...
(Date:5/26/2015)... Research and Markets ( ... "Saudi Arabia Biometric Systems Market Forecast and ... (Logo: http://photos.prnewswire.com/prnh/20130307/600769) , ,The biometric systems market in ... to grow at over 22% CAGR through 2020 ... the surging demand for better biometric technologies in ...
Breaking Biology News(10 mins):The Market for Self-Healing Materials to Reach $2.7 Billion by 2020 Says New n-tech Research Study 2The Market for Self-Healing Materials to Reach $2.7 Billion by 2020 Says New n-tech Research Study 3Codonics and Omnicell Expand Partnership 2Codonics and Omnicell Expand Partnership 3Codonics and Omnicell Expand Partnership 4Saudi Arabia Biometric Systems Market Forecast and Opportunities, 2020 with Morpho Safran, ZK Technlogy, and Suprema Dominating 2
... A new study investigating the respiratory system of insects ... for decades: why insects routinely stop breathing for minutes ... UC Irvine and Humboldt University propose that insects such ... beetles and bugs close off their respiratory systems periodically ...
... a stunning example of evolution at work, scientists have now ... changes in the skeletal armor of fish living in the ... 2005, issue of journal Science, bring new data to long-standing ... motivation is to try to understand how new animal types ...
... accustomed to nesting on islands free of predators began ... in the Aleutian archipelago in the 18th century. The ... study published this week in the journal Science now ... through entire island ecosystems, transforming the vegetation from lush ...
Cached Biology News:Why do insects stop 'breathing'? To avoid damage from too much oxygen, say researchers 2Why do insects stop 'breathing'? To avoid damage from too much oxygen, say researchers 3Octopuses occasionally stroll around on two arms, UC Berkeley biologists report 2Octopuses occasionally stroll around on two arms, UC Berkeley biologists report 3Octopuses occasionally stroll around on two arms, UC Berkeley biologists report 4Octopuses occasionally stroll around on two arms, UC Berkeley biologists report 5Introduced foxes transformed vegetation on Aleutian Islands from lush grasslands to tundra 2Introduced foxes transformed vegetation on Aleutian Islands from lush grasslands to tundra 3Introduced foxes transformed vegetation on Aleutian Islands from lush grasslands to tundra 4
Rabbit polyclonal to Staphylococcus Enterotoxin A (HRP) ( Abpromise for all tested applications)....
... SigmaStat 3.5 is a user-friendly statistical ... allows them to perform statistical analysis without ... questions about your data and research and ... your data against the tests underlying assumptions ...
... Novexin offers bespoke, cost-effective solutions for complex protein ... extensive expertise and experience to help you develop a ... , , ... , transfer all methodology ...
... ChemiLucent™ Plus is a chemiluminescent ... used independently to boost the signal ... blot detection kits. ChemiLucent™ Plus is ... technology. Unlike conjugated complex- or chemiluminescent ...
Biology Products: