Published on FreshNews.com (http://www.freshnews.com)
Kintera Receives Nasdaq Notice Letter
By admin
Created 04/08/2008 - 3:55pm

  • Technology News
  • California

Kintera , Inc. (NASDAQ: KNTA) today announced that on April 2, 2008 it received a notice from the Nasdaq Stock Market indicating that it has failed to comply with Nasdaq Marketplace Rule 4450(a)(5), which requires a minimum $1.00 per share bid price for the Company’s common stock, for 30 consecutive business days. Under Nasdaq Marketplace Rule 4450(e)(2), the company has an initial period of 180 calendar days to regain compliance with this listing requirement. If at any time before September 29, 2008, the minimum bid price of the Company’s common stock closes at $1.00 per share or more for a minimum of 10 consecutive business days, Nasdaq will provide the company with written notification that it has achieved compliance with this rule.

KNTA-F

About Kintera, Inc.

Kintera , Inc. (NASDAQ: KNTA) provides software as a service to help organizations quickly and easily reach more people, raise more money and run more efficiently. The Kintera Sphere technology platform empowers The Giving Experience , and features a social constituent relationship management (CRM) system, enabling donor management, e-mail and communications, Web sites, events, advocacy programs, wealth screening and accounting. In addition, the Kintera Connect open platform enables clients and partners to integrate directly with Kintera technology, resulting in the availability of best of breed solutions through the Kintera Connect partner program.

For more information about Kintera software and services, visit www.kintera.com [1].


Company Mentioned: 
Kintera [2]
Connect (Formerly UCSD Connect) [3]

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Source URL: http://www.freshnews.com/news/73639/kintera-receives-nasdaq-notice-letter

Links:
[1] http://www.kintera.com
[2] http://www.freshnews.com/company/kintera
[3] http://www.freshnews.com/company/connect