Cedara Software faces Nasdaq delisting

January 23, 2002

The common stock of software developer Cedara could be barred from trading on the Nasdaq exchange unless company officials can convince regulators otherwise. Executives of the Canadian company were notified Jan. 9 that Cedara does not comply with either

The common stock of software developer Cedara could be barred from trading on the Nasdaq exchange unless company officials can convince regulators otherwise. Executives of the Canadian company were notified Jan. 9 that Cedara does not comply with either the net tangible assets or minimum stockholders' equity requirements for continued listing on the exchange. The company intends to request a hearing before a Nasdaq listing qualifications panel to review the decision.