USA :Parts.com Withdraws Nasdaq Application Due to Share Price Level
Parts.com, Inc. (OTCBB:MIRM), a leading real-time business-to-business e-commerce parts exchange, today announced that due to its lower share trading price it has withdrawn its Nasdaq application originally filed in March 2000. As the closing bid price for parts.com stock has recently fallen below $4 per share, the Company no longer meets the minimum bid price requirements for a listing on Nasdaq. If the Company's bid price regains and sustains the $4 per share price level, the Company would then be able to submit a new application.
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