logo
Share SHARE
FONT-SIZE Plus   Neg

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
10 Worst Places To Raise A Family Whether you are a young couple building a nest or seasoned parents looking for a change of scenery, there are number of places around the country that should be avoided, according to personal finance website WalletHub. They looked at mainly five categories for... A passenger has filed a lawsuit against Canadian budget airline Sunwing Airlines for serving him cheap sparkling wine instead of champagne on board a flight, according to media reports. The Canadian passenger, Daniel MacDuff, reportedly boarded his Sunwing flight to Cuba in February, on a flight package that advertised a complimentary on-board champagne toast. Senate Health Committee Chairman Lamar Alexander, R-Tenn., and ranking member Patty Murray, D-Wash., announced Thursday that twenty-two other Senators are cosponsoring their bipartisan plan to provide short-term stability to Obamacare. The bipartisan bill includes a two-year extension of the cost-sharing...
comments powered by Disqus
Follow RTT