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Midway Games Inc receives notification from NYSE regarding listing
Nov 21, 2008 (M2 EQUITYBITES via COMTEX) --
Midway Games Inc (NYSE: MWY), an interactive entertainment software
developer and publisher for videogame systems and personal computers,
revealed yesterday (20 November) that the company received notification
from the New York Stock Exchange (NYSE) on 14 November 2008 that the
company has fallen below the NYSE required minimum average closing
price of USD1.00 per share over 30 consecutive trading days.
A
The company has a six-month period from the date of the notice, subject
to extension, to overcome this deficiency, during which period its
shares will continue to be listed and traded on the NYSE.
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The stock exchange will be notified by Midway Games about its intention
to correct the deficiency and its business operations and US Securities
and Exchange Commission reporting requirements will not be affected by
this notice.
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