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BELLUS Health Announces Stock Listing Transfer from NASDAQ Global Market to NASDAQ Capital Market
LAVAL, QC, Nov. 13 /CNW Telbec/ - BELLUS Health Inc. (NASDAQ: BLUS; TSX: BLU) announces today tha...
About this update from Bluenergies Ltd.
[{"type":"text","content":"\n\n\n\nLAVAL, QC, Nov. 13 /CNW Telbec/ - BELLUS Health Inc. (NASDAQ: BLUS; TSX:\nBLU) announces today that it has received approval from the NASDAQ Listing\nQualifications Staff of The NASDAQ Stock Market LLC (the "Staff") to transfer\nthe listing of its common stock from The NASDAQ Global Market to The NASDAQ\nCapital Market. The transfer will be effective as of the opening of the market\non Friday, November 14, 2008. The Company will continue to trade on NASDAQ\nunder the symbol "BLUS".\n\n\nThe NASDAQ Capital Market is a continuous trading market that operates in\nthe same manner as The NASDAQ Global Market. The NASDAQ Capital Market\nincludes the securities of approximately 450 companies. All companies listed\non The NASDAQ Capital Market must meet certain financial requirements and\nadhere to NASDAQ's corporate governance standards.\n\n\nThe listing transfer was sought by the Company in response to prior\ncorrespondence received from the Staff regarding compliance with The NASDAQ\nGlobal Market's requirements for the minimum market value of the Company's\nlisted securities, as disclosed in the Company's press release dated October\n15, 2008.\n\n\nThe Company's common stock is also listed on the Toronto Stock Exchange,\nwhich listing is not affected by the transfer from The NASDAQ Global Market to\nThe NASDAQ Capital Market.\n\n\nAbout BELLUS Health\n\n\nBELLUS Health is a global health company focused on the development and\ncommercialization of products to provide innovative health solutions to\naddress critical unmet needs.\n\n\nTo Contact BELLUS Health\n\n\nFor additional information on BELLUS Health and its drug development\nprograms, please call the Canada and United States toll-free number 1 877 680\n4500 or visit the Web Site at www.bellushealth.com.\n\n\nCertain statements contained in this news release, other than statements\nof fact that are independently verifiable at the date hereof, may constitute\nforward-looking statements. Such statements, based as they are on the current\nexpectations of management, inherently involve numerous risks and\nuncertainties, known and unknown, many of which are beyond BELLUS Health\nInc.'s (formerly known as Neurochem Inc.) control. Such risks include but are\nnot limited to: the impact of general economic conditions, general conditions\nin the pharmaceutical...