Salt Lake-based language services company Alpnet Inc. said Monday that its appeal for continued listing on the NASDAQ SmallCap Market has been denied.
Alpnet was delisted from the SmallCap Market effective with the opening of business Monday, due to the company's inability to meet minimum bid price requirements.
The company's stock is eligible to trade on the OTC Bulletin Board.
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Alpnet stock was trading down 12 cents at 20 cents per share early Monday.