NASDAQ APPROVES ChipMOS LISTING ON NASDAQ CAPITAL MARKET
HSINCHU, Taiwan, March 17 /PRNewswire-Asia-FirstCall/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company") (Nasdaq: IMOS) today announced that the NASDAQ Stock Market ("NASDAQ") has determined that the Company meets the Capital Market initial listing criteria set forth in Listing Rule 5505, except for minimum bid price requirement. Nasdaq has given the Company until September 13, 2010 to be in compliance with the minimum bid price requirement.
The Company's application for this listing transfer was described in its press release dated February 8, 2010 and the receipt of deficiency letter from the NASDAQ in its press release dated September 17, 2009. ChipMOS continues to meet all aspects of NASDAQ's stringent regulatory, corporate governance and financial requirements, other than NASDAQ's minimum bid price requirement.
About ChipMOS TECHNOLOGIES (Bermuda) LTD.:
ChipMOS (http://www.chipmos.com ) is a leading independent provider of semiconductor testing and assembly services to customers in Taiwan, Japan, and the U.S. With advanced facilities in Hsinchu and Southern Taiwan Science Parks in Taiwan and Shanghai, ChipMOS and its subsidiaries provide testing and assembly services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries.
Forward-Looking Statements
Certain statements contained in this announcement may be viewed as "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company's most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") and in the Company's other filings with the SEC.
Contacts: In Taiwan R.O.C. Dr. S.K. Chen ChipMOS TECHNOLOGIES (Bermuda) LTD. Tel: +886-6-507-7712 Email: [email protected] In the U.S. David Pasquale Global IR Partners Tel: +1-914-337-8801 Email: [email protected]
SOURCE ChipMOS TECHNOLOGIES (Bermuda) LTD.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article