Nasdaq to delist OmniSky next week
OmniSky said its stock will be delisted from the Nasdaq's National Market on Dec. 4 at the opening of trading. The wireless Internet service provider said late Tuesday that it received a notice "indicating that the company was no longer in compliance with Nasdaq listing requirements as a result" of not submitting a third-quarter regulatory filing with the Securities and Exchange Commission. The company had gotten an extension Nov. 14 to file by Nov. 19. It missed that deadline and was subsequently barred from issuing more shares of its stock.
OmniSky said its stock will be delisted from the Nasdaq's National Market on Dec. 4 at the opening of trading. The wireless Internet service provider said late Tuesday that it received a notice "indicating that the company was no longer in compliance with Nasdaq listing requirements as a result" of not submitting a third-quarter regulatory filing with the Securities and Exchange Commission. The company had gotten an extension Nov. 14 to file by Nov. 19. It that deadline and was subsequently barred from issuing more shares of its stock.
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