Frisco Bay Listing Moves to NASDAQ Small Cap M.MONTREAL--(BUSINESS WIRE)--Nov. 13, 1998--FRISCO BAY(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 :FBAYF) Frisco Bay Industries Ltd. (NASDAQ: FBAYF), an international provider of automated transaction, time management and security systems for financial institutions, government agencies and industry today announced that effective Monday, November 16, 1998, its stock will be listed on the NASDAQ Small Cap Market due to recent changes in the listing criteria. Despite its strong performance this year, Frisco Bay does not currently meet the market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. requirements for continued listing on the NASDAQ National Market. The company's symbol will continue to be FBAYF. Frisco Bay Industries Ltd. markets its products throughout Canada, 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 Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. where it is recognized as an integrated solutions expert. |
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