Immunicon-IMMC received notice from NasdaqFly On The Wall "All News "
Immunicon Corporation announced that, on November 12, 2007, it received a notice from The Nasdaq Stock Market indicating that Immunicon does not comply with the continued listing requirements set forth in Marketplace Rule 4450(a)(3). This rule requires that Immunicon have a minimum of $10,000,000 in stockholders' equity in order to continue listing its securities on The Nasdaq Global Market. Accordingly, Nasdaq staff are reviewing Immunicon's eligibility for continued listing on The Nasdaq Global Market. Immunicon has decided to submit an application to transfer its listing to The Nasdaq Capital Market and expects to submit the application on or prior to November 27, 2007, though there can be no assurance that the application will be sufficient to secure listing on The Nasdaq Capital Market.
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