Courtesy of Benzinga.
ParkerVision, Inc. (Nasdaq: PRKR) announced today that it has received notification from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) that it has regained compliance with Nasdaq Listing Rule 5550(a)(2), which concerns minimum bid price listing requirements. As previously announced, ParkerVision had been notified by Nasdaq that its common stock did not satisfy the minimum bid price requirement. On March 23, 2012, Nasdaq provided confirmation to ParkerVision that the closing bid price of its common stock for the prior 10 business days had met the minimum bid price requirement and advised ParkerVision that the matter is closed.
ParkerVision’s common stock trades on the Nasdaq Capital Market under the symbol “PRKR.”
For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.
