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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Peoples Educational Holdings, Inc. (MM) | NASDAQ:PEDH | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.01 | 0 | 01:00:00 |
Delaware
|
000-50916
|
41-1368898
|
(State or Other Jurisdiction
of Incorporation)
|
(Commission File Number)
|
(I.R.S. Employer Identification No.)
|
o
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
o
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
o
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
o
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
ITEM 3.01
|
NOTICE OF DELISTING OR FAILURE TO SATISFY A CONTINUED LISTING RULE OR STANDARD; TRANSFER OF LISTING.
|
(a)
|
On December 7, 2011, Peoples Educational Holdings, Inc. (the “Company”) received a letter (“Notice”) from The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that, because the closing bid price for its Common Stock has been below $1.00 per share, it no longer complies with the minimum bid price requirement for continued listing on The Nasdaq Capital Market. Nasdaq Marketplace Rule 5550(a)(2) requires a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”). Based on the closing bid price of the Company’s Common Stock for the 30 consecutive business days prior to the date of Nasdaq’s letter, the Company does not meet the Minimum Bid Price Requirement.
|
PEOPLES EDUCATIONAL HOLDINGS, INC.
(Registrant)
By:
/s/ Brian T. Beckwith
Name: Brian T. Beckwith
Title: President and Chief
Executive Officer
|
1 Year Peoples Educational Holdings, Inc. (MM) Chart |
1 Month Peoples Educational Holdings, Inc. (MM) Chart |
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