Nasdaq sends Acusphere a warning letter

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Acusphere received a letter on Jan. 10 from The Nasdaq Stock Market advising that, for the previous 30 consecutive business days, the bid price of its common stock had closed below the minimum $1.00 per share requirement for continued inclusion on the Nasdaq Global Market pursuant to Nasdaq Marketplace Rule 4450(a)(5).

The notification has no effect on the listing of the common stock at this time, and it will continue to trade on the Nasdaq Global Market, according to the Watertown, Mass.-based Acusphere.

The company can regain compliance if, at any time before July 8, the bid price of its common stock closes at $1.00 per share or more for a minimum of 10 consecutive business days.