The Nasdaq Stock Market, LLC, on Monday has determined to remove House of Taylor Jewelry, Inc. stock from the exchange, effective at the opening of the trading session on May 22.
House of Taylor released the delisting notice Monday through a Securities and Exchange Commission filing.
Nasdaq Staff, according to the filing, determined that the jewelry company no longer qualified for listing on the Exchange as determined through its Marketplace Rules4310(c)(13) and 4310(c)(14).
Nasdaq said the company was notified of the staff's determination on April 15. The company did not appeal the decision. Nasdaq's determination to delist the company became final on April 24.
Source: jckonline
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