In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the company has a grace period of 180 calendar days, or until May 23, 2016, to regain compliance with the minimum closing bid price requirement.
In the event the company does not regain compliance with the minimum closing bid price requirement by May 23, 2016, Nasdaq may provide the company an additional 180-day period to regain compliance, subject to the company, at that time, transferring its securities to The Nasdaq Capital Market and satisfying certain other requirements.
The company will actively monitor the closing bid price of its ordinary shares between now and May 23, 2016
and intends to consider the various options available to regain compliance.
In a disclosure to the Tel Aviv stock exchange last week, Delek said its gas subsidiaries have postponed the schedule for an "additional test drilling well" in Block 12 from October 23 to May 23, 2016
Beginning May 23, 2016
, customers in the 336 area code region requesting new service, adding an additional line, or in some cases moving their service, may be assigned new numbers using either 336 or the new 743 area code.
IMPA recently arranged a revolving line of credit with PNC Bank National Association (Rated 'A+/F1' by Fitch) for up to $50 million through May 23, 2016
Israel's Delek Group has announced that its gas subsidiaries have postponed the schedule for an additional test drilling wellin block 12 offshore Cyprus from October 23, 2015 to May 23, 2016
Completed loan applications must be returned to SBA no later than May 23, 2016
IMPA recently arranged a revolving line of credit with PNC Bank National Association (rated 'A+/F1' by Fitch) for up to $50 million through May 23, 2016
which IMPA plans on using as working capital for routine capital expenditures prior to issuing long-term debt.
250% May 23, 2016
3136F1P53 May 23, 2003 $50,000,000 MTN 6.
The Resolution proposed at the meeting was to amend the Series C to extend the maturity date of the 90 Day Note from May 23, 2016
to November 22, 2017.
The Company is seeking to amend the Series C to extend the maturity date of the 90 Day Note from May 23, 2016
to November 22, 2017, an extension of approximately 18 months.