$QDLC Quadlogic Issues Further Comments on New Rules Affecting Trading in the Over the Counter Market
Press Release | 08/27/2021
As previously announced, the Company is aware of new rules that may impact the quotation and trading of its shares in the over the counter market, and may result in the Companys stock no longer being quoted beginning on or about September 28, 2021. Complying with such rules would cause additional expense to the Company during a period when the Company continues to pursue strategic alternatives to bring value to shareholders and is actively engaged in negotiations with third parties regarding the sale of its entire business in separate transactions. There is no assurance that any of such transactions will be concluded.
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