No Delisting Notice. The Company shall not have received any notice from the Nasdaq Stock Market that the Company may be delisted, which notification has not been resolved in favor of the Company, other than any such notice that the Common Stock failed to (i) maintain a market value of $5,000,000 over the previous 30 consecutive trading days pursuant to Marketplace Rule 4450(a)(2), (ii) maintain stockholders' equity of at least $10,000,000 pursuant to Marketplace Rule 4450(a)(3) or (iii) maintain a minimum bid price of $1.00 over the previous 30 consecutive trading days pursuant to Marketplace Rule 4450(a)(5).
Appears in 3 contracts
Samples: Stock and Warrant Purchase Agreement (Chleboski Richard G), Stock and Warrant Purchase Agreement (Evergreen Solar Inc), Stock and Warrant Purchase Agreement (Shaw Robert W Jr)
No Delisting Notice. The Company shall not have received any notice from the Nasdaq Stock Market that the Company may be delisted, which notification has not been resolved in favor of the Company, other than any such notice that the Common Stock failed to (i) maintain a market value of $5,000,000 over the previous 30 consecutive trading days pursuant to Marketplace Rule 4450(a)(2), (ii) maintain stockholders' ’ equity of at least $10,000,000 pursuant to Marketplace Rule 4450(a)(3) or (iii) maintain a minimum bid price of $1.00 over the previous 30 consecutive trading days pursuant to Marketplace Rule 4450(a)(5)) .
Appears in 1 contract
Samples: Stock and Warrant Purchase Agreement (Evergreen Solar Inc)
