Magnitude International Ltd (MAGH) News & EventsMAGHNews & EventsMagnitude International Ltd

Magnitude Receives Nasdaq Delisting Notice

Magnitude announced that it received a staff delisting determination, dated August 3, from the listing qualifications department of Nasdaq, stating that Nasdaq has determined to delist the company's securities.

Nasdaq Notifies Magnitude International of Delisting on August 12

Nasdaq (NDAQ) has notified Magnitude International (MAGH) that its securities will be delisted from Nasdaq on August 12 unless the company appeals to a Listing Qualifications Hearings Panel. The securities will remain halted, and unavailable to trade, until any appeal is resolved. Following removal from Nasdaq the securities may be eligible for trading in the over-the-counter market.

Nasdaq Halts Trading in Magnitude International for Additional Information

The Nasdaq Stock Market (NDAQ) announced that trading is halted in Magnitude International (MAGH) for additional information requested from the company. Previously, the Securities and Exchange Commission effected a trading suspension in MAGH from 04:00:00 on December 5 to 23:59:00 on December 18. The last sale price of the company's shares was $6.76. Trading will remain halted until Magnitude International Ltd has fully satisfied Nasdaq's request for additional information.