FinancialContent is the trusted provider of stock market information to the media industry.
American Learning Corporation Regains Compliance with Nasdaq Marketplace Rules

American Learning Corporation (the “Company”) (NASDAQ:ALRN) today announced that the Company received a notice from The Nasdaq Stock Market (“Nasdaq”) indicating that the Company has met the requirements of a Nasdaq Listing Qualifications Panel (the “Panel”) decision dated November 3, 2010 and the applicable requirements for listing on Nasdaq. Accordingly, the Panel has determined to continue listing of the Company’s securities on Nasdaq based on the Company having achieved a closing bid price of $1.00 or more for a minimum of ten prior consecutive trading days.

On November 3, 2010, the Company had received notification from the Panel granting the Company’s request for an extension of time, as permitted under Nasdaq’s Listing Rules, to comply with the $1.00 per share minimum bid price requirement for continued listing. In accordance with the Panel’s decision, the Company was required to evidence a closing bid price of $1.00 or more for a minimum of ten prior consecutive trading days on or before February 28, 2011.

American Learning Corporation, through its wholly owned subsidiaries, Interactive Therapy Group Consultants, Inc. and Signature Learning Resources, Inc., offers a comprehensive range of services to children with developmental delays and disabilities.


American Learning Corporation
Gary J. Knauer, 516-938-8000
Chief Financial Officer
Related Stocks:
Stock Market JSON API provided by
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Financial Widgets

Display market data, financial news or stock quotes - Learn More

Advertising Network

Advertise on FinancialContent's huge network - Learn More

Web Services

Power your internet and wireless applications - Learn More