Pellet producer Rentech pulls common shares from NASDAQ [From the web]

LOS ANGELES, Oct. 11, 2017 (Northern Ontario Business ) -Low share value is compellingRentechto voluntarily pull its common shares from the NASDAQ Capital Market, effective Oct. 16.

In an Oct. 10news release, the company said it was in contravention of NASDAQ’s Listing Rule and would be unable to comply.

“The NASDAQ Listing Rule requires Rentech’s common shares to trade above $1 for 30 consecutive business days before Oct. 9, 2017, or 180 days from which Rentech received notification from NASDAQ regarding its noncompliance with the NASDAQ Listing Rule,” the release said.

Northern Ontario Business - Pellet producer Rentech pulls common ...

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