Click2learn Regains Nasdaq National Market Compliance.Business Editors BELLEVUE, Wash.--(BUSINESS WIRE)--Dec. 4, 2002 Click2learn, Inc. (Nasdaq:CLKS) announced that on December 3, 2002 it received notice from NASDAQ that the company had regained compliance with the continued listing requirements Listing requirements Requirements, including minimum shares outstanding, market value, and income, that are laid down by an exchange for any stock to be listed for trading. for the NASDAQ National Market. On September 3, NASDAQ notified the company that its common stock had failed to maintain a minimum bid price of at least $1 per share over the previous 30 consecutive trading days In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. as required by the NASDAQ Marketplace Rule 4450(a)(5) and that the company had 90 days to regain compliance. Since then, the closing bid price of the company's common stock has been at $1 per share or greater for at least 10 consecutive trading days. About Click2learn Click2learn is a provider of enterprise software for Global 2000 organizations seeking to capture, manage and disseminate knowledge throughout their extended enterprises. Using Click2learn's Aspen Productivity Suite(TM), organizations can deploy highly interactive, personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. learning initiatives to achieve strategic business objectives. Many of the world's best-known corporations use Click2learn's technology to improve workforce performance, educate customers, and publish large volumes of learning content. Click2learn's clients include Accenture, American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the , AstraZeneca, Century 21, Fujitsu, Microsoft, Pfizer, Symantec, and Towers Perrin Towers Perrin is a global professional services firm. It was established 1 March 1934 as Towers, Perrin, Forster & Crosby. The umbrella name of Towers Perrin was adopted in 1987. . Click2learn, www.click2learn.com, 800/448-6543, is based in Bellevue, Wash., operates offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and internationally. |
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