TransGlobe Energy's Application to Transfer Trading to Nasdaq Capital Market Approved
TransGlobe Energy's Application to Transfer Trading to Nasdaq Capital Market Approved
DJ TransGlobe Energy's Application to Transfer Trading to Nasdaq Capital Market Approved
By Sabela Ojea
TransGlobe Energy Corp. said Thursday that its application to transfer its common shares from the Nasdaq Global Select Market to the Nasdaq Capital Market has been approved.
The oil exploration and production company said its common shares will begin trading on the Nasdaq Capital Market at the start of trading on Dec. 31.
The company--whose current activities are concentrated in Egypt and Canada--added that it received notification from Nasdaq on Dec. 29 that, in connection with the approval, it has determined that the company will be eligible for an additional 180-day compliance period to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq's Listing Rule 5550.
"Should the company not meet the minimum bid requirement during the additional 180-day compliance period or otherwise comply with the terms of the extension, Nasdaq will provide written notification that the company's common shares will be delisted," TransGlobe Energy added.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
December 31, 2020 02:37 ET (07:37 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
DJ TransGlobe Energy's Application to Transfer Trading to Nasdaq Capital Market Approved
DJ 全球能源公司將交易轉移至納斯達克資本市場的申請獲批
By Sabela Ojea
薩貝拉·奧傑亞
TransGlobe Energy Corp. said Thursday that its application to transfer its common shares from the Nasdaq Global Select Market to the Nasdaq Capital Market has been approved.
TransGlobe Energy Corp 週四表示,將其普通股從納斯達克全球精選市場轉移到納斯達克資本市場的申請已獲得批准。
The oil exploration and production company said its common shares will begin trading on the Nasdaq Capital Market at the start of trading on Dec. 31.
這家石油勘探和生產公司表示,其普通股將於 12 月 31 日開始在納斯達克資本市場交易。
The company--whose current activities are concentrated in Egypt and Canada--added that it received notification from Nasdaq on Dec. 29 that, in connection with the approval, it has determined that the company will be eligible for an additional 180-day compliance period to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq's Listing Rule 5550.
該公司目前的業務集中在埃及和加拿大 —— 補充說,該公司於 12 月 29 日收到納斯達克(Nasdaq)的通知,經批准後,該公司將有資格獲得額外 180 天的合規期,以恢復符合納斯達克《上市規則》5550 的最低每股 1.00 美元買入價要求。
"Should the company not meet the minimum bid requirement during the additional 180-day compliance period or otherwise comply with the terms of the extension, Nasdaq will provide written notification that the company's common shares will be delisted," TransGlobe Energy added.
TransGlobe Energy 補充說:「如果公司在額外的 180 天合規期內不符合最低投標要求,或以其他方式遵守延長條款,那斯達克將提供書面通知,告知該公司的普通股將被除牌。」
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
寫信給薩貝拉·奧傑亞,電子郵件地址:sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
(完) 道瓊斯通訊社
December 31, 2020 02:37 ET (07:37 GMT)
2020 年 12 月 31 日美國東部時間 2 時 37 分 (格林尼治標準時間上午 7 時
Copyright (c) 2020 Dow Jones & Company, Inc.
版權所有 (c) 2020 道瓊斯公司
譯文內容由第三人軟體翻譯。
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