BEA Provides Update on Nasdaq Listing Qualification
SAN JOSE, Calif., June 15 /PRNewswire-FirstCall/ — BEA Systems, Inc., a world leader in enterprise infrastructure software, today announced that, as anticipated due to the delay in filing its Form 10-Q for the first quarter ended April 30, 2007, it received an Additional Staff Determination Letter from The Nasdaq Stock Market stating that BEA continues to be out of compliance with the filing requirements of Marketplace Rule 4310(c)(14) and, therefore, its common stock continues to be subject to delisting from The Nasdaq Global Select Market. BEA received similar Staff Determination Letters resulting from the delay in filing its Form 10-Qs for the quarters ended July 31, 2006 and October 31, 2006, and its Form 10-K for the fiscal year ended January 31, 2007, due to its ongoing stock option review.
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