News Breaks |
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| December 20, 2012 |
| 07:04 EDT |  | GSAT | Globalstar announces delisting from Nasdaq
Globalstar announced that it received notice from the Listing Qualifications Department of the Nasdaq Stock Market that Globalstar's common stock will be delisted effective at the opening of business on Friday, December 21. Nasdaq is taking this action due to the company's common stock trading below the minimum bid price of $1.00 in excess of the period permitted by Nasdaq listing rules. |
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