logo
Plus   Neg
Share
Email
Comment

China Jo-Jo Regains Compliance With NASDAQ Minimum Bid Price Requirement

China Jo-Jo Drugstores, Inc. (CJJD), a retail and wholesale distributor of pharmaceutical and other healthcare products in China, announced that The NASDAQ Stock Market LLC notified the company in a letter dated December 14, 2012, that it has regained full compliance with the NASDAQ Capital Market's minimum bid price requirement for continued listing.

The letter noted that as of December 13, 2012, the company's common stock evidenced a closing bid price at or in excess of the $1.00 minimum requirement for at least ten consecutive trading days. Accordingly, the Company has regained compliance with NASDAQ Listing Rule 5550(a)(2), and the matter is closed.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Amid a government shutdown, the Senate voted Monday to move forward on a short-term spending bill to re-open the government. The Senate voted 81 to 18 in favor of limiting debate on the bill, which would fund the government through February 8th. Opera, a web browser for Windows, macOS, and Linux operating systems, has added cryptocurrency mining protection to its mobile browsers. It is part of the browser's ad blocker function. In its desktop-based versions, Opera had introduced cryptocurrency miner protection in early January. French drug giant Sanofi SA Monday announced an agreement to buy US-based hemophilia drugmaker Bioverativ Inc. (BIVV) for around $11.6 billion. The deal expands Sanofi's presence in specialty care and strengthens leadership in rare diseases. Sanofi shares were losing around 4 percent in the early morning trading in Paris.
comments powered by Disqus
Follow RTT