Wednesday, August 16, 2006

Rambus Inc. receives "delist notice" - plans to request hearing

Rambus Inc. announced (8/16/06) that it plans to request a hearing before the NASDAQ Listing Qualifications Panel following the receipt of a NASDAQ Staff Determination notice stating that the Company is not in compliance with NASDAQ Marketplace Rule 4310(c)(14).

In its announcement Rambus assured shareholders that pending a decision by the Panel, Rambus common stock will remain listed on the NASDAQ. However, Rambus warned there can be no assurance that the hearing panel will grant the Company's request for continued listing.

Read the SEC filing linked here.

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