Matthews Studio Group to Be Delisted From Nasdaq

Matthews Studio Group in Burbank said it has been advised by Nasdaq that the company’s stock will be delisted from the Nasdaq SmallCap Market on Thursday. Matthews intends to appeal the decision.

Matthews also said it has engaged Imperial Capital LLC of Beverly Hills as a financial advisor to explore strategic alternatives for the company and its Internet division, ShowbizMart.com.

Matthews Studio Group supplies lighting grip, transportation, professional camera, video and audio equipment to the entertainment industry.