Reverse Split Keeps Tickets.com Listed
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Reuters
Tickets.com Inc., which sells tickets to events over the Internet, said Thursday its shares will remain listed on the Nasdaq National Market.
The stock was in danger of being delisted for failing to meet the market’s minimum price requirement of $1 per share. But the Costa Mesa company completed a 1-for-8 reverse stock split and received $17 million in additional equity financing.
The stock on Thursday edged up 12 cents to $3.03.
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