NEW YORK, July 2, 2009 (GLOBE NEWSWIRE) -- Advanced Battery Technologies, Inc. (Nasdaq:ABAT), a leading developer, manufacturer and distributor of rechargeable Polymer Lithium-Ion (PLI) batteries, today announced that on June 30, 2009 the NASDAQ Stock Market sent written notice to Advanced Battery Technologies that its private placement of Series F 0% Convertible Preferred Stock on June 17, 2009 did not comply with NASDAQ Listing Rule 5640. The notice further stated, however, that Advanced Battery Technologies has regained compliance with Rule 5640 and that the matter is closed. On June 17, 2009 Advanced Battery Technologies issued 7,000 shares of Series F Preferred Stock in a private placement. The holders of the Series F Preferred Stock, as originally issued, were entitled to cast at any shareholders meeting a number of... [read full story]
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NEW YORK, July 2, 2009 (GLOBE NEWSWIRE) -- News), a leading developer, manufacturer and distributor of rechargeable Polymer Lithium-Ion (PLI) batteries, today announced that on June 30, 2009 the NASDAQ Stock Market sent written...
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