Sections

Majesco regains Nasdaq compliance

Software publisher Majesco has announced that it is no longer at risk of being delisted from the Nasdaq index having met stock market requirements.

Software publisher Majesco has announced that it is no longer at risk of being delisted from the Nasdaq index having met stock market requirements.

Last month, CFO John Gross said the company had been warned about a possible delisting for failing to comply with a 10-day USD 35 million market cap requirement.

Majesco has now been told it has met the requirement and thereby regained compliance with Nasdaq.

The company was due to appear at a hearing before the Nasdaq Listing Qualifications Panel, but the event has now been cancelled.

Related stories

Crackdown 3 delay damages Xbox One X line-up

Action game pushed back to spring 2018, leaving Forza 7 as Microsoft's lead for new console

By James Batchelor

Xbox Live Creators Program is now open to everyone

Simplified cert process and no concept approval opens up Xbox One and Windows 10 PCs to "the full gamut" of developers

By Matthew Handrahan

Latest comments

Sign in to contribute

Need an account? Register now.