NEW YORK, Oct. 5, 2011 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market announced today that it will delist the common stock of China Electric Motor, Inc. China Electric Motor, Inc.'s stock was suspended on June 14, 2011 and has not traded on NASDAQ since that time.
NASDAQ also announced that it will delist the common stock of Jiangbo Pharmaceuticals, Inc. Jiangbo Pharmaceuticals, Inc.'s stock was suspended on August 04, 2011 and has not traded on NASDAQ since that time.
NASDAQ also announced that it will delist the common stock of GameTech International, Inc. GameTech International, Inc.'s stock was suspended on August 11, 2011 and has not traded on NASDAQ since that time.
NASDAQ also announced that it will delist the common stock of Evergreen Solar, Inc. Evergreen Solar, Inc.'s stock was suspended on August 24, 2011 and has not traded on NASDAQ since that time.
Finally, NASDAQ announced that it will delist the common stock Class A of Omega Navigation Enterprises, Inc. Omega Navigation Enterprises, Inc.'s stock was suspended on July 19, 2011 and has not traded on NASDAQ since that time.
NASDAQ will file a Form 25 with the Securities and Exchange Commission to complete the delisting for each of these companies. The delistings become effective ten days after the Form 25 is filed. For news and additional information about the companies, including the basis for the delistings and whether the companies' securities are trading on another venue, please review the companies' public filings or contact the company directly.
For more information about The NASDAQ Stock Market, visit the NASDAQ Web site at http://www.nasdaq.com. NASDAQ's rules governing the delisting of securities can be found in the NASDAQ Rule 5800 Series, available on the NASDAQ Web site: http://www.cchwallstreet.com/NASDAQTools/bookmark.asp?id=nasdaq-rule_5800&manual=/nasdaq/main/nasdaq-equityrules/.