Jul 10, 2009 - 1439 days ago
Spansion to be dropped from Nasdaq exchange
More bad news for Spansion, the Sunnyvale flash memory chip maker that filed for bankruptcy protection on March 1.
The company disclosed in a federal regulatory filing today that it will be delisted from the Nasdaq stock market on Monday July 20.
The stock exchange had previously notified the company that it was considering the action, prompting a request by Spansion to have the matter reviewed by a hearing panel. But the panel decided Spansion didn’t warrant being listed and trading in the company’s stock was halted on May 7.
