




























































Quantum Corporation: Quantum's Continued Listing Plan Accepted by NYSE


🞛 This publication is a summary or evaluation of another publication
SAN JOSE, CA--(Marketwire - March 13, 2009) - Quantum Corp. (
In addition, with the NYSE's recent suspension of its $1 minimum trading price requirement, Quantum now has until at least mid-August of this year to regain compliance with the $1 listing standard. If the company's stock price does not reach the required level by then, Quantum can proceed with a reverse stock split based on shareholder approval granted last year.
Quantum had previously announced that the NYSE had notified the company that it was not in compliance with the continued listing standards requiring companies to maintain an average market capitalization of at least $75 million over a trailing 30-day trading period and an average closing stock price of at least $1 for 30 consecutive trading days.
About Quantum
Quantum Corp. (
Quantum and the Quantum logo are trademarks of Quantum Corporation registered in the United States and other countries. All other trademarks are the property of their respective owners.