InvestorsHub Logo
Followers 559
Posts 23793
Boards Moderated 0
Alias Born 03/06/2009

Re: AugustaFriends post# 338873

Wednesday, 02/11/2015 3:11:32 PM

Wednesday, February 11, 2015 3:11:32 PM

Post# of 648947
COCO- the Company is eligible for an additional 180 calendar day period, or until June 29, 2015, to regain compliance

Form 8-K CORINTHIAN COLLEGES INC For: Jan 13

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On January 13, 2015, Corinthian Colleges, Inc. (the “Company”) received notice from the Listing Qualifications Department of The NASDAQ Stock Market (“Nasdaq”) that its application to transfer its common stock listing from the Nasdaq Global Market to the Nasdaq Capital Market had been approved. The Company’s common stock listing will transfer to the Nasdaq Capital Market at the opening of trading on January 15, 2015. Following the move to the Nasdaq Capital Market, the Company’s common stock will continue to trade under the symbol “COCO.”

As the Company previously announced, on July 2, 2014, the Company received notice from Nasdaq that it did not meet the minimum $1.00 per share requirement for continued listing on the Nasdaq Global Market under Nasdaq Listing Rule 5450(a)(1). The January 13 notice from Nasdaq provides that the Company is eligible for an additional 180 calendar day period, or until June 29, 2015, to regain compliance with the minimum $1.00 per share requirement for continued listing on the Nasdaq Capital Market. The 180 day period relates exclusively to the Company’s bid price deficiency. The Company may be delisted during the 180 day period for failure to maintain compliance with any other listing requirements for which it is currently on notice or which occurs during this period.



Trade with focus and then you'll see everything move in slowly!!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.