Xenonics Appeals Notice of Delisting From NYSE Amex

by: , Atlantic Wire
July 30, 2010

Category: Syndicated Industry News | RSS 2.0

CARLSBAD, Calif.–(BUSINESS WIRE)–XENONICS HOLDINGS, INC. (NYSE AMEX: XNN) announced today that it has received notice from the NYSE Amex (the “Exchange”) that the Company failed to regain compliance with continued listing standards and, accordingly, the Company’s securities are subject to delisting proceedings. Specifically, 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. In accordance with Sections 1203

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