Majestic Capital Announces Voluntary Delisting of its Common Stock
April 29 2011 - 10:01AM
Business Wire
Majestic Capital, Ltd. (Majestic Capital) (Nasdaq: MAJC) today
announced that it filed a Form 25 with the Securities and Exchange
Commission to effect the voluntary delisting of Majestic Capital’s
common stock from the Nasdaq Capital Market. The effective date of
delisting pursuant to this filing will occur on May 9, 2011.
Majestic Capital elected to voluntarily delist its common stock
in lieu of the mandatory delisting which would occur as a
consequence of the fact that Majestic Capital filed a Form 10-K for
the year ended December 31, 2010 which is not in compliance with
the NASDAQ continued listing obligations due to the presence of an
auditor’s disclaimer of opinion in that filing.
About Majestic Capital, Ltd.
Majestic Capital, through its subsidiaries, is a specialty
provider of workers’ compensation insurance products and services.
Further information about Majestic Capital and its business can be
found on Majestic Capital’s website at
http://www.MajesticCapital.com.
Majestic Capital, Ltd. - Common Shares (MM) (NASDAQ:MAJC)
Historical Stock Chart
From Oct 2024 to Nov 2024
Majestic Capital, Ltd. - Common Shares (MM) (NASDAQ:MAJC)
Historical Stock Chart
From Nov 2023 to Nov 2024
Real-Time news about Majestic Capital, Ltd. - Common Shares (MM) (NASDAQ): 0 recent articles
More Majestic Capital, Ltd. News Articles