STAMFORD, Conn.-Wireless application provider SmartServ Online Inc. said its stock will be delisted from the Nasdaq and will be traded on the Over The Counter Bulletin Board.
Further, SmartServ said it completed a $1.5 million round of financing, and it could use the money to fund potential acquisitions.
“We will continue our efforts to implement our financing and business plans and hope to qualify for Nasdaq relisting in the future,” said Sam Cassetta, the company’s chairman and chief executive officer.
