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Fly News Breaks for October 20, 2016
RLJE
Oct 20, 2016 | 08:53 EDT
RLJ Entertainment received a letter from Nasdaq stating that the company has regained compliance with Listing Rule 5550(b). RLJE had previously been notified by NASDAQ that the company did not meet the required minimum of $2,5M in stockholders' equity needed for continued listing on NASDAQ. On October 17, the company announced the completion of transactions which resulted in stockholders' equity in excess of the minimum requirement.
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