Kintera comes a step closer to NASDAQ delisting (from the 5/21/2008 Business Wire):
Kintera® Inc. (NASDAQ:KNTA – News) (the “Company”), today announced that on May 15, 2008 it received a notice from the Nasdaq Stock Market (“Nasdaq”) indicating that it no longer complies with the requirements of Nasdaq Marketplace Rule 4450(a)(3) for continued listing on the Nasdaq Global Market. The rule requires that the company maintain minimum stockholders’ equity of $10,000,000. As reported in the company’s quarterly report on Form 10-Q for the period ended March 31, 2008, the company’s stockholders’ equity was $9,806,000 as of March 31, 2008.
Kintera has until the end of this month to comply with the requirements. You too, can save Kintera from delisting. Just get you and your friends to buy shares! Perhaps we can put this on Causes 
Sorry for the late report on this, my RSS feed for Kintera always looks the same (delisting here, losses there) so I can’t always differentiate when the news actually changes. Those of you who follow stocks and such. What happens when a public company delists? Does Kintera end up on the OTC market? I assume the reporting guidelines would be much less robust than the ones they have now…
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