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Majesco granted extension to comply with NASDAQ listing

7th April 2014 7:47 am GMT

Gaming company Majesco Entertainment has been granted an extension by NASDAQ as the company looks to ensure it is compliant with the minimum bid price requirement of the New York stock exchange.

The Listings Qualification Panel of the NASDAQ stock exchange granted Majesco an extension until June 30th 2014 to ensure it can show that it is capable of maintaining a minimum bid price of $1.00. Unless it can maintain this price, the company’s shares [...]

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