Emcore Regains Compliance With NASDAQ
Emcore, a leading provider of compound semiconductor-based components, subsystems and systems for the fiber optics and solar power markets, has received a letter, dated October 6, 2010, from the NASDAQ Listing Qualifications Department.
The Company has regained compliance with NASDAQ Listing Rule 5250(c)(1), by filing with the SEC its Quarterly Report on Form 10-Q for the third quarter of 2010 on October 5, 2010.
Rule 5250(c)(1) requires that NASDAQ listed companies file their required periodic financial reports with the Securities and Exchange Commission on a timely basis.
Because the Company was able to regain compliance with NASDAQ Listing Rule 5250(c)(1) before the October 18, 2010 deadline NASDAQ had established for the Company to submit a plan for regaining compliance, the Company is no longer required to submit such a plan to NASDAQ.
Emcore Corporation is a leading provider of compound semiconductor-based components, subsystems and systems for the fiber optics and solar power markets. The firm’s Photonic Systems segment is a leading developer and manufacturer of fiber-optic systems and components for a wide range of commercial and military applications including microwave fiber-optic signal transmission andprocessing, satellite earth-stations, fiber-optic gyroscopes, and terahertz sensing.
