NEW YORK, May 1, 2014 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market announced today that it will delist the ordinary shares, unit, warrant of Prime Acquisition Corp. Prime Acquisition Corp.'s stock was suspended on October 11, 2013 and has not traded on NASDAQ since that time.
NASDAQ also announced that it will delist the common stock of Avid Technology, Inc. Avid Technology, Inc.'s stock was suspended on February 25, 2014 and has not traded on NASDAQ since that time.
NASDAQ also announced today that it will delist the common stock of James River Coal Company. James River Coal Company's stock was suspended on April 17, 2014 and has not traded on NASDAQ since that time.
Finally, NASDAQ announced that it will delist the common stock of Coldwater Creek, Inc. Coldwater Creek, Inc.'s stock was suspended on April 23, 2014 and has not traded on NASDAQ since that time.
NASDAQ will file a Form 25 with the Securities and Exchange Commission to complete the delisting for each of these companies. The delistings become effective ten days after the Form 25 is filed. For news and additional information about the companies, including the basis for the delistings and whether the companies' securities are trading on another venue, please review the companies' public filings or contact the company directly.
For more information about The NASDAQ Stock Market, visit the NASDAQ Web site at http://www.nasdaq.com. NASDAQ's rules governing the delisting of securities can be found in the NASDAQ Rule 5800 Series, available on the NASDAQ Web site: http://www.cchwallstreet.com/NASDAQTools/bookmark.asp?id=nasdaq-rule_5800&manual=/nasdaq/main/nasdaq-equityrules/.
Source:The NASDAQ OMX Group, Inc.