4-30-2012
Emmis, with it's stock price below $1.00, has been at risk of a delisting from the NASDAQ. However the the exchange has given Emmis an extension to August 27th to get the stock up over $1.00. To stay listed, Emmis is going to have to get the stock price over $1.00 for at least ten consecutive business days. A company statement said "We appreciate NASDAQ's ruling and the extension to gain compliance. Based on recent corporate actions, we are confident we will meet all listing requirements before the new deadline."
