NEW YORK, Nov. 4, 2010 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market announced today that it will delist the common stock of Irvine Sensors Corporation. Irvine Sensors Corporation's stock was suspended on September 13, 2010 and has not traded on NASDAQ since that time.
NASDAQ also announced that it will delist the common stock of MACC Private Equities Inc. MACC Private Equities Inc.'s stock was suspended on September 15, 2010 and has not traded on NASDAQ since that time.
Finally, NASDAQ announced that it will delist the common stock of TerreStar Corporation. TerreStar Corporation's stock was suspended on October 29, 2010 and has not traded on NASDAQ since that time.
NASDAQ will file a Form 25 with the Securities and Exchange Commission to complete the delisting for each of these companies. The delistings become effective ten days after the Form 25 is filed. For news and additional information about the companies, including the basis for the delistings and whether the companies' securities are trading on another venue, please review the companies' public filings or contact the company directly.
For more information about The NASDAQ Stock Market, visit the NASDAQ Web site at http://www.nasdaq.com. NASDAQ's rules governing the delisting of securities can be found in the NASDAQ Rule 5800 Series, available on the NASDAQ Web site: http://www.cchwallstreet.com/NASDAQTools/bookmark.asp?id=nasdaq-rule_5800&manual=/nasdaq/main/nasdaq-equityrules/.