Engex, Inc. Notified by NYSE
June 22 2012 - 3:12PM
PR Newswire (US)
NEW YORK, June 22, 2012 /PRNewswire/ -- Engex, Inc.
(Symbol EGX) (the "Fund") has been notified by NYSE MKT (the
"Exchange") of its intent to strike the Fund's common stock from
the Exchange by filing a delisting application with the Securities
and Exchange Commission ("SEC"). The Exchange's intention to
have the Fund's common stock delisted is based on the Fund's
failure to complete a plan to regain compliance with the Exchange's
listing standards enumerated in Sections 1003(a)(iii) and
1003(b)(v)(A) of the NYSE MKT Company Guide.
Should the delisting application be approved by the SEC, the
Fund intends to engage the services of an over-the-counter market
maker in order to provide the Fund's stockholders continuous access
to the marketplace.
SOURCE Engex, Inc.
Copyright 2012 PR Newswire
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