Shiner Int'l Receives Notice From Nasdaq Due To Resignation Of Brian Cunat

Shiner International, Inc. (BEST) said Tuesday that it received a letter from Nasdaq Listing Qualifications Department indicating that it was no longer in compliance with Nasdaq's independent director and audit committee requirements, due to the resignation of Brian Cunat as a member of the company's board of directors and the audit committee.

The letter, however, indicated that Nasdaq will provide Shiner a cure period in accordance with the Listing Rules.

Shiner International is a manufacturer of flexible packaging material and advanced film.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Teva Pharmaceuticals USA, Inc. has recalled one lot of platelet-reducing drug Anagrelide in the form of capsules due to dissolution test failure detected during routine stability testing, the U.S. Food and Drug Administration, or FDA, said in a statement. The U.S. Food and Drug Administration said it has taken steps to make available millions of cans of additional infant and specialty formula to U.S. consumers in the coming months. Under the agency's recent increased flexibilities, British nutrition products maker Kendal Nutricare will send about 2 million cans of infant formula under the Kendamil brand initially to U.S. beginning in June. Video streaming giant Netflix Inc. announced the availability of a variety of mobile games. Players can download the games directly from the Netflix mobile app. The new games include Dragon Up (East Side Games), Moonlighter (11 Bit Studios), Townsmen - A Kingdom Rebuilt (HandyGames), and Exploding Kittens - The Game (Exploding Kittens Digital).
Follow RTT