24/7 received a letter dated July 6 stating that its stock will be delisted July 16 unless the company requests a hearing by July 13. Under Nasdaq rules, the stock will remain listed pending the outcome of the hearing, which is expected to be held within 45 days of the date that the request is filed. 24/7 Media intends to request an extension of the time to raise its share price. -- Adrienne Mand
Copyright July 2001, Crain Communications Inc.