WPT Enterprises, Inc. Regains Compliance with NASDAQ Listing Standard
01 Julio 2009 - 3:05PM
Business Wire
WPT Enterprises, Inc. (Nasdaq: WPTE) today announced that it has
received notification from The NASDAQ Stock Market that it has
regained compliance with the $1.00 per share minimum closing bid
price requirement of Listing Rule 5450(a)(1).
To regain compliance with the closing bid price rule, the
Company was required to experience a closing bid price of $1.00 per
share or more for a period of at least 10 consecutive trading days
on The NASDAQ Stock Market. On June 30, 2009, the closing bid price
of the Company's common stock had been $1.00 per share or more for
ten consecutive trading days.
The previously disclosed delisting proceeding related to the
Company�s closing bid price compliance is now closed.
About WPTE
WPT Enterprises, Inc. is one of the most recognized names in
internationally televised gaming and entertainment with brand
presence in land-based tournaments, television, online and mobile.
WPTE has led innovation in the sport of poker since 2002, when it
ignited the global poker boom with the creation of the World Poker
Tour� television show. Based on a series of high stakes poker
tournaments, WPT is now broadcast globally and premiered its
all-new seventh season on Fox Sports Net�s national sports network
in the United States in January 2009. WPTE also offers a unique
online subscription and sweepstakes-based poker club, ClubWPT.com,
which operates in 38 states across the U.S. WPTE also participates
in strategic brand license, partnership and sponsorship
opportunities. For more information, see www.worldpokertour.com.
(WPTEG)
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