Replies to post #422244 on Amarin Corp Plc (AMRN)

[ziploc_1]

Bird...There are many hurdles for a company to avail themselves of before they are finally delisted." The delisting process can take over a year. My attention is focused on profits....rather than worrying about delisting

"Failure of a company to meet a minimum closing bid price of at least $1 for 30 consecutive
trading days can trigger delisting. When this happens Nasdaq issues a deficiency notice to the
company.

After receiving a deficiency notice, a company has 180 calendar days to return to compliance. A
company warned about its shares' minimum bid price must achieve a closing price of $1 or
more for 10 consecutive trading days during this period.

Additional Grace Period

If a company with a minimum market value of $1 million in shares held by non-affiliates
satisfies the other listing requirements, it may receive a second "cure period" of 180 calendar
days".