Greek dry bulk shipping firm Globus Maritime has announced that it has received a positive determination from the Nasdaq Stock Market granting approval of the company’s request to transfer its listing to the Nasdaq Capital Market from the Nasdaq Global Market.
The company was notified by Nasdaq in October 2015 that it no longer satisfied the minimum market value of publicly held shares continued listing requirement for the Nasdaq Global Market and it applied to transfer the listing of its stock to the Nasdaq Capital Market.
The company’s securities will start trading on the Nasdaq Capital Market effective from April 11.
