BDR - Blonder Tongue Laboratories delists from NYSE to trade on OTCQB

Blonder Tongue Laboratories (NYSE:BDR) delisted from NYSE American and is set to trade on OTCQB after the former sent a written notice to the company over non-compliance. The NYSE regulation staff had determined that BDR was unable to demonstrate that it regained compliance with Sections 1003(a)(i), (ii) and (iii) of the company guide by the end of a maximum 18-month compliance plan period. After the technology-development and manufacturing company's board determined that it will not be able to regain compliance with the listing standard in the short term, the company requested its shares be withdrawn from being listed on the exchange. The shares are expected to commence trading on the OTCQB marketplace on Jun. 27 under the symbol BDRL. Source: Press Release

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Blonder Tongue Laboratories delists from NYSE, to trade on OTCQB