As Expected, Nasdaq Says Tripos is 'Shell,' Threatens Delisting

Jun 22, 2007

NEW YORK (GenomeWeb News) — Nasdaq has notified Tripos that it can be delisted from the Nasdaq Global Market and from the Nasdaq Stock Market because it has become a “public shell” after selling its Discovery Research and Discovery Informatics branches.

Tripos, which said it has been anticipating the notice, said it will meet with the exchange June 28 to review the matter.

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