Internet Gold Receives Nasdaq Non-Compliance Notice
INTERNET GOLD GOLDEN (IGLD)
US:NASDAQ Investor Relations:
igld.com
Company Research
Source: GlobeNewswire
Ramat Gan, Israel, Sept. 30, 2019 (GLOBE NEWSWIRE) -- Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) today announced that on September 26, 2019 it received a notice from the Listing Qualifications Department of Nasdaq advising the Company that it was not in compliance with Listing Rule 5450(b)(1)(A) requiring companies under certain standards to maintain a minimum of $10,000,000 in stockholders’ equity for continued listing. The Company has a 45 days' period, until November 11, 2019, to submit a plan to regain compliance. If the plan is accepted, the Company may be granted an extension of up to 180 calendar days to regain compliance with this particular rule. About Internet Gold Internet Gold is a telecommunications-oriented holding company whose principal asset is a 51.95% stake in B Communications Ltd., the owner of 26.34% of outstanding shares of Bezeq The Israel Telecommunication Corporation Limited, the leadi
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