Cinedigm Corp. Regains Compliance With Nasdaq Listing Rule 5450(b)(3)(C)
Nasdaq had previously notified the Company of its non-compliance with Listing Rule 5450(b)(3)(C) on December 12, 2018, following 30 consecutive business days for which the Company's MVPHS did not meet the $15,000,000 minimum requirement.
Since inception, Cinedigm has been a leader at the forefront of the digital transformation of content distribution. Adjusting to the rapidly transforming business needs of today’s entertainment landscape, Cinedigm remains a change-centric player focused on providing content, channels and services to the world’s largest media, technology and retail companies. Cinedigm’s Content and Networks groups provide original and aggregated programming, channels and services that entertain consumers globally across hundreds of millions of devices. For more information, visit www.cinedigm.com.
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Jill Newhouse Calcaterra
Source: Cinedigm Digital Cinema Corp.