Nona Morelli’s Wants Nasdaq Listing Back
IRVINE —
Nona Morelli’s II Inc. said Tuesday that it is seeking to be listed on the Nasdaq market.
The leisure and entertainment company was delisted in August by Nasdaq officials, who said that control of Nona Morelli’s had shifted to a Hong Kong gaming company that failed to meet Nasdaq standards. The Irvine company sold 76% of its stock to Dragon Sight International Amusement Co. to acquire a 40% stake in two Dragon Sight casinos in Macao.
Nona Morelli’s disputed the Nasdaq ruling, saying that management remained the same after the transaction. The company has been trading over the counter since it was delisted by Nasdaq.
