Amerityre to delist stock from Nasdaq

ERJ staff report (TB)

Boulder City, Nevada – Polyurethane tyre developer Amerityre Corp. will delist its common stock from the Nasdaq Stock Market Feb. 4 and said it intends to relist it on Nasdaq’s Over The Counter Bulletin Board.

The move is in response to a notice from the Securities and Exchange Commission (SEC) that Amerityre no longer meets the minimum requirements of Nasdaq’s Equity Standard Listing Rule 5550(b), which requires firms on the Nasdaq to have a minimum of $2.5 million in stockholders’ equity, $35 million…

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