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Aksys receives further Nasdaq warning on listing
New York, Dec. 20 - Aksys, Ltd. said the Nasdaq Stock Market said it has 180 days - until June 14, 2006 - to regain compliance with the minimum $1.00 per share bid requirement, the company's second warning about its listing.
The letter said that for the last 30 business days Aksys' stock has closed below the minimum $1.00 per share level.
Aksys has already been warned in a Nov. 14 letter that it failed to comply with the $10 million minimum stockholders equity requirement.
Aksys is a Lincolnshire, Ill., producer of hemodialysis products for patients suffering from kidney failure.
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