Navigation Links
iBio, Inc. Receives Anticipated Notice from NYSE MKT that Company is Below Certain Continued Listing Standards
Date:3/4/2013

NEWARK, Del., March 4, 2013 /PRNewswire/ -- iBio, Inc. (NYSE MKT: IBIO) today announced that it has been notified by the NYSE MKT (the "Exchange") Staff that the Company is currently not in compliance with the listing standard set forth in Section 1003(a)(ii) of the NYSE MKT Company Guide.  This standard applies if a listed company has stockholders' equity of less than $4,000,000 and net losses in three of its most recent four years. 

(Logo:  http://photos.prnewswire.com/prnh/20120419/NY91086LOGO)

As previously announced, in December 2012 the Company submitted, and the Exchange subsequently accepted a plan of compliance which is intended to restore the Company's compliance with the Exchange's continued listing criteria set forth in Section 1003(a)(iii) of the NYSE MKT Company Guide.  These listing criteria apply if a listed company has stockholders' equity of less than $6,000,000 and net losses in its five most recent years.  

Due to the higher stockholder's equity requirement contained in Section 1003(a)(iii), the Company is not required to submit an additional plan of compliance in connection with the deficiency noticed in the Exchange's most recent correspondence.  

The Company, pursuant to an extension of time previously granted by the Exchange, must regain compliance with Exchange's continued listing standards, including the criteria contained in each of Section 1003(a)(ii) and Section 1003(a)(iii), by October 14, 2013.  During this extension period, the Company will be subject to periodic review by the Staff of the Exchange.  The failure by the Company to make progress consistent with the accepted plan or to regain compliance with the continued listing standards by the end of the extension period could result in the Company being delisted from the Exchange.

About iBio, Inc.
iBio
'/>"/>

SOURCE iBio, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3

Related biology technology :

1. iBio, Inc. Receives Notice from NYSE MKT Staff that Company Currently is Below Certain Continued Listing Standards
2. iBio, Inc. and GE Healthcare form new global alliance
3. iBio, Inc. Prices $10 Million Public Offering
4. iBio, Inc. Submits Plan to Satisfy NYSE Amex Continued Listing Standards
5. Zyomyx, Inc. Receives ISO 13485: 2003 Certification
6. New Science Fiction Novel Paints Terrifying Picture of Dystopian Future: Young Author Receives Glowing Reviews
7. Rosemary Gladstar Receives First-Annual ABC Mark Blumenthal Herbal Community Builder Award
8. Next Breath Receives ISO/IEC 17025:2005 Accreditation from the American Association for Laboratory Accreditation
9. OsteoFab™ Patient Specific Cranial Device Receives 510(k) Approval
10. Discovery Labs Receives $30 Million Funding Commitment from Deerfield Management
11. Venaxis Executes First Commercial Development Agreement and Receives Purchase Order from EMELCA Bioscience for Initial EU Launch
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/21/2014)... 2014 ... the addition of the  "Global Hormone Replacement ...      (Logo: http://photos.prnewswire.com/prnh/20130307/600769) ,Hormone replacement ... a means of replacing hormones that are ... This type of therapy is usually initiated ...
(Date:8/21/2014)... N.Y. (PRWEB) August 21, 2014 The ... the first private college in the Mid-Hudson Region to ... will now begin accepting applications from qualified “high-technology” businesses ... “We are very pleased to have been selected for ... Governor Cuomo’s transformative initiative to stimulate economic development in ...
(Date:8/21/2014)... 21, 2014 OTC Markets Group ... a biotechnology company, on its approval to list ... on OTCQX®, the best marketplace for established U.S. ... Logo - http://photos.prnewswire.com/prnh/20110118/MM31963LOGO ... execution of its growth strategy and achievement of ...
(Date:8/21/2014)... Pursuit Solutions ( http://www.pursuit-solutions.com ), a ... for Life Sciences sales and marketing organizations, announced ... Commercial Sales Models” by Peter Robinson, co-founder and ... examines some innovative models used to improve sales ... the pharmaceutical market. Robinson grades the industry on ...
Breaking Biology Technology:Global Hormone Replacement Therapy Market 2014-2018: Key Vendors are Actavis, Bayer, Merck & Co, Novartis and Novo Nordisk 2The College of New Rochelle Becomes First Private College in Mid-Hudson Region to Earn START-UP NY Designation 2The College of New Rochelle Becomes First Private College in Mid-Hudson Region to Earn START-UP NY Designation 3OTC Markets Group Congratulates Immune Pharmaceuticals on NASDAQ Listing 2Pursuit's Peter Robinson Publishes "Grading Pharma's Use of New Commercial Sales Models" 2
... which manages the 10th largest U.S. pension fund for public employees, ... up to $50 million into state venture capital funds. , ,The ... II and Venture Investors Early Stage Fund IV. , ... between the two in 2000. It followed that with $90 million ...
... meeting last week to name its leadership. The group ... , ,Tom Hefty, former co-chairman of the Governor's Economic ... He is now with law firm Reinhart, Boerner and ... the UW-Madison College of Engineering , was made ...
... chief information officers made the Computerworld magazine's top-100 list this ... Modine Manufacturing Co. , in Racine. Modine specializes in thermal ... in London and a carbon-dioxide-cooled Jeep, and has been active ... and CIO of ShopKo Stores Inc. , in Green ...
Cached Biology Technology:
(Date:8/21/2014)... connectors, designed by an international standards process, will be ... to an invited review published in the OnlineFirst version ... ), the official journal of the American Society for ... greatly reduce the occurrence of misconnection that can be ... which are used to join medical devices, components, and ...
(Date:8/21/2014)... University (ANU) team has successfully replicated one of the ... systems powered by sunlight which could manufacture hydrogen as ... sunlight. It is an exciting prospect to use them ... said Dr Kastoori Hingorani, from the ARC Centre of ... of Biology. , Hydrogen offers potential as a zero-carbon ...
(Date:8/21/2014)... pancreatitis involves the pancreas digesting itself resulting in severe ... the UK around 20,000 patients are diagnosed with the ... cure and treatment is restricted to intravenous fluid and ... Faculty of Life Sciences, who led the research, said ... from gall stones and excessive alcohol intake combined with ...
Breaking Biology News(10 mins):New feeding tube connectors will improve patient safety 2Water and sunlight the formula for sustainable fuel 2Insulin offers new hope for the treatment of acute pancreatitis 2
... has on learning in ground squirrels could have an ... to a University of Chicago researcher. Jill Mateo, ... when they perform normal survival tasks, ground squirrels learn ... cortisol, a hormone produced in response to stress, than ...
... "strength in numbers" more apparent than in the collective ... -- which number about 5 million trillion trillion strong ... affect virtually every ecological process, from the decay of ... even though microbes essentially rule the Earth, scientists have ...
... on Earth may have gotten generous helpings from outer ... Carnegie Institution have discovered concentrations of amino acids in ... than levels previously measured in other similar meteorites. This ... richer in the organic building blocks of life than ...
Cached Biology News:Research with squirrels provides clues on hormone's role in human learning 2New window opens on the secret life of microbes 2Meteorites a rich source for primordial soup 2
poliovirus receptor-related 2 (herpesvirus entry mediator B), mRNA...
...
CREB-2 (H-290)...
Immunogen: Recombinant full length protein, corresponding to amino acids 1-435 of Human AP2M1. Storage: -20 C, Avoid Freeze/Thaw Cycles...
Biology Products: