to-the-point China Sunergy again in line with Nasdaq rules
Mar 20, 2015 16:40 CET
March 20 – The Nasdaq Stock Market has notified solar firm China Sunergy (NASDAQ:CSUN) that it has successfully regained compliance with the bourse’s maintenance standard.
Nasdaq’s Listing Qualifications Department has informed the photovoltaic (PV) cell and module maker that it is once again in line with the continued listing requirements, after successfully filing its second quarter interim financials on Form 6-K for the period ended June 30, 2014, China Sunergy said in a statement on Friday. Furthermore, its stock managed to close at USD 15 million (EUR 14m) or more for at least ten consecutive business days.
The company now considers these matters as closed, it said.
(USD 1.0 = EUR 0.936)
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