ATSG Receives NASDAQ Deficiency Notice.WILMINGTON, Ohio For other places with the same name, see Wilmington (disambiguation). Wilmington is a city in Clinton County, Ohio, United States. The population was 11,921 at the 2000 census. It is the county seat of Clinton County. -- Air Transport Services The collective functions of layers 1 through 4 of the OSI model. Group, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ATSG ATSG Automatic Transmission Service Group ATSG Academia Tecnológica de Sistemas de Gestão ATSG Advanced Technologies Support Group ATSG Allied Technical Services Group ATSG Acoustic Test Signal Generator ATSG Appalachian Tectonic Studies Group ) received a written notification from The NASDAQ Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. ("NASDAQ") on September 16, 2008, indicating that the minimum bid price of the Company's common stock had fallen below $1.00 for 30 consecutive trading days and that it was therefore not in compliance with NASDAQ Marketplace Rule 4405(a)(5). The notice further provided that in accordance with the NASDAQ Marketplace Rules, the Company will be provided 180 calendar days, or until March 16, 2009, to regain compliance with the minimum bid price requirement. If at any time before March 16, 2009, the bid price of the Company's stock closes at $1.00 or higher for a minimum of ten consecutive business days, NASDAQ will notify the Company that it has achieved compliance with the minimum bid price requirement. If the Company does not regain compliance with the minimum bid price requirement by March 16, 2009, NASDAQ will notify the Company that its common stock will be delisted from The NASDAQ Global Market. In the event the Company receives notice that its common stock is being delisted from The NASDAQ Global Market, the NASDAQ Marketplace Rules permit the Company to appeal the delisting to a NASDAQ Listing Qualifications Panel. Alternatively, NASDAQ may permit the Company to transfer its common stock to The NASDAQ Capital Market Originally called the NASDAQ Small Cap Market, NASDAQ announced a name change to the NASDAQ Capital Market on September 27, 2005. [1] The NASDAQ Capital Market exists for securities of smaller, less-capitalized companies (small caps) that do not qualify for if it satisfies the requirements for initial inclusion set forth in NASDAQ Marketplace Rule 4310(c), except for the minimum bid price requirement. If its application for transfer is approved, the Company would have an additional 180 calendar days to comply with the minimum bid price requirement in order to remain on The NASDAQ Capital Market. About ATSG ATSG is a leading provider of air cargo transportation and related services to domestic and foreign air carriers and other companies that outsource their air cargo lift requirements. Through five principal subsidiaries, including three airlines with separate and distinct U.S. FAA Part 121 Air Carrier certificates, ATSG also provides aircraft leasing, aircraft maintenance services, airport ground services, fuel management, specialized transportation management, and air charter brokerage services. ATSG's subsidiaries include ABX Air, Inc., Air Transport International, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Capital Cargo International Airlines Capital Cargo International Airlines is a cargo airline based in Orlando, Florida, USA. It provides on-demand and wet lease aircraft charter. Its main base is Orlando International Airport[1]. , Inc., Cargo Aircraft Management, Inc., and LGSTX Services, Inc. |
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