Irvine Internet Firm Delisted by Nasdaq
A Times Staff Writer
NQL Inc.’s stock has been delisted for failing to meet minimum Nasdaq requirements, the Irvine firm said Wednesday.
NQL shares began trading over the counter, closing at 10 cents, up 4 cents.
The company, which provides Internet networking and consulting services, said it decided not to appeal the delisting. Last week, the company said it would not proceed with a reverse stock split aimed at meeting the minimum price requirement of $1 a share required for continued Nasdaq listing.
