Millennium Cell Slips in Nasdaq Listing

[] Millennium Cell, a development company that specializes in the generation, storage, and delivery of hydrogen, has received notice from Nasdaq that the company is not currently in compliance with all requirements necessary for continued listing on the Nasdaq National Market. Millennium is evaluating several options available to either maintain the company’s listing on the market, or to transfer the listing to the Nasdaq SmallCap Market. Interim President H. David Ramm said the company’s stock is still in trading under the MCEL ticker, and that the company intends to maintain a listing among Nasdaq’s companies.
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