SCO Receives Nasdaq Notice Letter
Apr 30, 2007, 15:30 (0 Talkback[s])
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"The SCO Group, Inc... today announced it has received a Nasdaq
Staff Deficiency Letter on April 23, 2007 indicating that the
Company fails to comply with the minimum bid price requirement for
continued listing set forth in Marketplace Rule 4310(c)(4). The
letter gives SCO notice that the Company's bid price of its common
stock has closed under $1.00 for the last 30 business days.
"Pursuant to Nasdaq Marketplace Rule 4310(c)(8)(D), the Company
has been provided an initial period of 180 calendar days, or until
October 22, 2007, to regain compliance..."