Austin tech company in jeopardy of losing Nasdaq listing



Austin tech company in jeopardy of losing Nasdaq listing

Asure Software Inc. has been notified by the Nasdaq stock market that it's not meeting a requirement to maintain $2.5 million in stockholder equity.

The Austin company which develops workforce management software, reported on Friday it had received a written warning on May 17 and said it plans to consider options to resolve the deficiency and regain compliance with Nasdaq, according to a filing with the U.S. Securities and Exchange Commission.

'We are evaluating several initiatives, including...
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Austin tech company in jeopardy of losing Nasdaq listing

Austin tech company in jeopardy of losing Nasdaq listing

Business Journal
24th May 2016, 02:38 GMT+10

Asure Software Inc. has been notified by the Nasdaq stock market that it's not meeting a requirement to maintain $2.5 million in stockholder equity.

The Austin company which develops workforce management software, reported on Friday it had received a written warning on May 17 and said it plans to consider options to resolve the deficiency and regain compliance with Nasdaq, according to a filing with the U.S. Securities and Exchange Commission.

'We are evaluating several initiatives, including...
Read More