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Movie Gallery Receives Two Nasdaq Notices

Authored by Mark Hefflinger on August 22, 2007 - 11:18am.

Dothan, Ala. - Movie Gallery, the financially struggling firm that is the nation's second-largest movie rental chain behind Blockbuster, announced on Wednesday that it has received two notices from the Nasdaq that its shares are in danger of being delisted from the exchange.

tags: Movies | Nasdaq | Delisting | Movie Gallery |

Navarre Corporation Gets Nasdaq Delisting Notice

Authored by Mark Hefflinger on November 17, 2005 - 3:56am.
Minneapolis - Navarre Corporation, whose holdings include video game publisher Encore and FUNimation, a distributor of Japanese anime imports, announced on Thursday that it has received notification from the Nasdaq that its shares are in danger of being delisted from the exchange. The company did not include an auditors' review of its financial statements for its quarter ended Sept. 30, or provide requisite certifications that are requirements for continued listing on the exchange. Minnesota-based Navarre said the omission resulted from focus on its intention to restate financial results for the years 2003-2005, adding that it would submit the necessary information for continued listing on the Nasdaq once it completes the restatement reports.
tags: Nasdaq | Navarre Corporation | Delisting |

Taiwanese Broadband Entertainment Firm GigaMedia Gets Delisting Notice

Authored by Mark Hefflinger on January 30, 2003 - 4:24am.
Taipei, Taiwan -- GigaMedia, a provider of online and off-line entertainment services in Taiwan, announced on Thursday that it has received notice from the Nasdaq that its shares are in danger of being delisted from the exchange. The company's shares have hovered near the Nasdaq's $1 minimum for nearly a year. GigaMedia requested a hearing before the Nasdaq, but said its shares may move to the SmallCap Market. In addition to operating a broadband ISP and entertainment portal, GigaMedia also operates two of the largest record store chains in Taiwan.
tags: Broadband | GigaMedia | Delisting | Taiwanese |