NEW YORK, May 18, 2016 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market announced today that it will delist the common stock Class A of Fairway Group Holdings Corp. Fairway Group Holdings Corp.’s stock was suspended on May 16, 2016 and has not traded on Nasdaq since that time.
Nasdaq also announced that it will delist the common stock of QKL Stores, Inc. QKL Stores, Inc.’s stock was suspended on May 12, 2016 and has not traded on Nasdaq since that time.
Nasdaq also announced that it will delist the common stock of NephroGenex, Inc. NephroGenex, Inc.’s stock was suspended on May 11, 2016 and has not traded on Nasdaq since that time.
Nasdaq also announced that it will delist the common stock of Energy XXI Ltd. Energy XXI Ltd.’s stock was suspended on April 25, 2016 and has not traded on Nasdaq since that time.
Nasdaq also announced that it will delist the American Depositary Shares of MOL Global, Inc. MOL Global, Inc.’s stock was suspended on April 18, 2016 and has not traded on Nasdaq since that time.
Finally, Nasdaq announced that it will delist the common stock of Ascent Solar Technologies, Inc. Ascent Solar Technologies, Inc.’s stock was suspended on February 25, 2016 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/.
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