date:Sep 05, 2012
The Nasdaq Stock Market issued the ultimatum in the form of a letter to Shiner, which supplies a wide variety of packaging for food manufacturers, on August 28. That followed two previous written warnings.
Shiner has until 4pm Eastern Time to file the appeal. If it fails to do so, its common stock will be delisted at the opening of business on September 6. In addition, a form 25-NSE will be filed with the Securities and Exchange Commission, removing the companys securities from Nasdaq listing a