LAKE CHARLES, La.-The Nasdaq Stock Market notified US Unwired Inc. that its common stock was subject to delisting at the opening of business on Feb. 10 due to its failure to comply with Nasdaq’s minimum bid price requirements.
US Unwired said it intends to request a hearing before a Nasdaq Listing Qualifications Panel and that its stock will continue to trade on the Nasdaq National Market pending a written decision by the panel after the hearing. US Unwired’s stock was trading down more than 9 percent early Thursday at 20 cents per share.
