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Loudeye Regains Nasdaq Listing Compliance

Authored by Mark Hefflinger on June 12, 2006 - 1:04pm.
Seattle - Loudeye, a provider of branded digital music stores, announced on Monday that it has regained compliance with the Nasdaq's minimum bid price rule.
tags: Tech | Music | Commerce | Investing | Loudeye | Reverse Splits | Nasdaq | Compliance |

Loudeye Effects 1-for-10 Reverse Stock Split

Authored by dmw on May 23, 2006 - 7:18pm.
Seattle - Loudeye, a provider of branded digital music stores in Europe, announced on Tuesday that it has effected a one-for-ten reverse stock split, as part of its efforts to maintain compliance with Nasdaq listing requirements. After the split, Seattle-based Loudeye will have reduced its number of outstanding shares of common stock from 132.6 million to 13.3 million.
tags: Deals | Tech | Music | Commerce | Investing | Stock Deals | Loudeye | Music Tech | Reverse Splits |