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Cell Therapeutics Inc. (CTIC) recently announced that it is not in compliance with NASDAQ listing requirements and will due a 1:6 reverse stock split on or around May 15, 2011. CTIC is appealing but will trade under the ticker symbol CTICD until it can resolve the issues. After that, the stock will go from CTICD back to CTIC.
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Stand
http://biz.yahoo.com/e/110506/ctic8-k.html
Cell Therapeutics Announces Planned Reverse Stock Split; Receives NASDAQ Notice of Non-Compliance; Intends to Request Hearing
http://phx.corporate-ir.net/phoenix.zhtml?c=92775&p=irol-newsAr...
Tags: 1-6, 1:6, 2011, cell, ctic, cticd, may, new, non-compliance, reverse, More…split, stock, symbol, therapeutics, ticker
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