This Week
  • Technology and other factors have brought big changes to commercial building.

  • DHD Ventures plans to spend $20 million to renovate two city buildings.

  • From Morocco, Joseph Squalli traveled far to become Rooney's Restaurant owner.

  • Gates Automotive Centers grows by connecting with customers.

  • RocMusic director Alexander Pena rallies young music makers.

  • Challenges mount for area companies that do business in Russia.

VirtualScopics to remain on Nasdaq

Rochester Business Journal
September 6, 2013

VirtualScopics Inc.’s strategy to implement a reverse stock split has helped its shares remain listed on the Nasdaq stock exchange.

The medical image analysis company Friday said it has received notification from Nasdaq that its stock meets the minimum bid price requirement and other standards for continued listing on the exchange.

To regain compliance with the bid price rule, VirtualScopics needed a closing bid price of $1 a share or more for at least 10 consecutive trading days.

Last month, VirtualScopics’ shares underwent a 1-for-10 reverse split. The company’s shares (NasdaqCM: VSCP) were trading at $4.84 before noon Friday.

(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google