logo
Plus   Neg
Share
Email

Cambrex notified by NYSE regarding non-compliance with listing standards - Quick Facts

Cambrex Corp. (CBM) announced that it has been notified by the NYSE that the company was below the NYSE's continued listing standard relating to total market capitalization and stockholders' equity. The company's average market capitalization was below $75 million over a consecutive 30-day trading period. Shareholders' equity was less than $75 million at December 31, 2008.

The company intends to provide the NYSE, within 45 days from the date of the notice, a business plan that demonstrates its ability to return to compliance with the continued listing standards within 18 months from the date of the notice.

For comments and feedback contact: editorial@rttnews.com

Follow RTT
>