Spongetech Delivery Systems, Inc. (fka SPNGQ)

[TigerTrader83]

I think they have 5 days before they get the E and are listed on the daily list. According to the below they have 5 days after notification, so it could be 6. The first being tomorrow when they are notified they are late, then 5 more.



Does NASDAQ publish a list of non-compliant companies?
Yes. Each trading day, NASDAQ publishes a list of companies that are non-compliant with its continued listing standards. In the event of a bankruptcy, a company is added to the list two business days after notification by NASDAQ. In all other instances of non-compliance, a company is added to the list five business days after notification. Companies are removed from the list one business day after NASDAQ determines that it has regained compliance, or the company no longer trades on NASDAQ.

http://www.nasdaq.com/about/FAQsContinued.stm