Global Financial Crisis Alert: NASDAQ Extends Temporary Suspension of Certain Continued Listing Requirements

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The Nasdaq Stock Market LLC (“Nasdaq”) announced on December 18, 2008, that it would extend its temporary suspension of the continued listing requirements related to bid price and market value of publicly held shares for listing on the Nasdaq Stock Market through April 19, 2009.1 As discussed in our October 20, 2008 Alert, “Nasdaq Suspends Listing Requirements,”2 Nasdaq initially suspended these listing requirements until January 16, 2009.3

Please see full alert for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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