Xenonics Receives Listing Extension From NYSE Amex
12 5월 2010 - 8:30PM
Business Wire
XENONICS HOLDINGS, INC. (NYSE AMEX:XNN) announced today
that it has received notice from the NYSE Amex (the "Exchange")
that the Exchange has accepted the Company's plan of compliance and
granted the Company an extension until July 23, 2010 to regain
compliance with the continued listing standards.
On February 26, 2010, Xenonics announced that it received notice
from the Exchange that Xenonics is not in compliance with
Section 1003(a)(iii) of the Company Guide because it has
shareholders' equity of less than $6,000,000 and losses from
continuing operations and net losses in its five most recent fiscal
years.
In order to maintain its NYSE Amex listing, Xenonics submitted a
plan to the NYSE Amex on March 25, 2010 addressing how it intends
to regain compliance with Section 1001(a)(iii) of the Company Guide
by July 23, 2010.
The Company will be subject to periodic review by Exchange staff
during the extension period. Failure to make progress consistent
with the plan or to regain compliance with the continued listing
standards by the end of the extension period could result in the
Company being delisted from the NYSE Amex.
About Xenonics
Xenonics Holdings, Inc. (NYSE AMEX: XNN) develops and produces
advanced, lightweight and compact ultra-high-intensity illumination
and low-light vision products for military, law enforcement, public
safety, and commercial and private sector applications. Xenonics'
NightHunter line of illumination products is used by every branch
of the U.S. Armed Forces as well as law enforcement and security
agencies. Its SuperVision high-definition night vision is designed
for commercial and military applications. Employing patented
technologies, Xenonics provides innovative solutions for customers
who must see farther so they can do their jobs better and safer.
Xenonics' products represent the next generation in small, high
intensity, high efficiency illumination and low-light vision
systems. Visit Xenonics on the web at www.xenonics.com.
Forward-Looking Statements
Except for the historical statements, statements in this release
may constitute forward-looking statements within the meaning of
section 21E of the Securities Exchange Act of 1934. When used, the
words "anticipates," "believes," "expects," "intends," "future,"
and other similar expressions identify forward-looking statements.
These forward-looking statements reflect management's current views
with respect to future events and financial performance and are
subject to risks and uncertainties, and actual results may differ
materially from the outcomes contained in any forward-looking
statement. Factors that could cause these forward-looking
statements to differ from actual results include delays in
development, marketing or sales of new products, and other risks
and uncertainties discussed in the company's periodic reports on
Form 10-K and 10-Q and other filings with the Securities and
Exchange Commission. Xenonics Holdings undertakes no obligation to
update or revise any forward-looking statements.
Xenonics (AMEX:XNN)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Xenonics (AMEX:XNN)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024
