Attached files
| file | filename |
|---|---|
| 8-K - Merriman Holdings, Inc | v210724_8k.htm |
FOR
IMMEDIATE RELEASE
MERRIMAN
HOLDINGS, INC. ANNOUNCES FULL COMPLIANCE WITH
NASDAQ
LISTING RULES
SAN FRANCISCO – February 10,
2011 –
Merriman Holdings, Inc. (NASDAQ: MERR) announced today that the notice issued by
the Nasdaq Stock Market that the company had violated Nasdaq Listing Rule 5635
was resolved on February 8, 2011, by issuance of a Letter of Reprimand in
accordance with Nasdaq Listing Rule 5810(c)(4) and the matter is now
closed.
Merriman
Holdings, Inc. received a separate letter from the Nasdaq Stock Market on
February 8, 2011, notifying the company that Ronald L. Chez, who served on the
audit committee from August 10, 2010 until December 21, 2010, was ineligible to
do so under Nasdaq Listing Rule 5605(c)(A)(ii). Upon Chez’
resignation from the Audit Committee and replacement by an independent director,
the company regained full compliance with Nasdaq Listing Rules and the matter is
now closed.
About
Merriman Holdings, Inc.
Merriman
Holdings, Inc. (NASDAQ: MERR) is a financial services firm focused on
fast-growing companies and the institutions that invest in them. Merriman offers
high-quality investment banking, equity research, institutional services and
corporate & venture services. Merriman specializes in three
industry growth sectors: CleanTech, Consumer, Media & Internet and
Technology. For more information, please go to www.merrimanco.com.
Note
to Investors
This
press release contains certain forward-looking statements based on our current
expectations, forecasts and assumptions that involve risks and uncertainties.
This release does not constitute an offer to sell or a solicitation of offers to
buy any securities of the Company. Forward-looking statements in this release
are based on information available to us as of the date hereof. Our actual
results may differ materially from those stated or implied in such
forward-looking statements, due to risks and uncertainties associated with our
business, which include the risk factors disclosed in our Form 10-K/A filed on
April 30, 2010. Forward-looking statements include statements regarding our
expectations, beliefs, intentions or strategies regarding the future and can be
identified by forward-looking words such as "anticipate,” believe," "could,"
"estimate," "expect," "intend," "may," "should," and "would" or similar words.
We assume no obligation to update the information included in this press
release, whether as a result of new information, future events or otherwise. The
Form 10-K/A filed on April 30, 2010 and the Form 10-Q filed on November 15,
2010, together with this press release and the financial information contained
herein, are available on our website, www.merrimanco.com. Please click on
"Investor Relations."
# # #
At the
Company:hold
Jack
Thrift
Chief
Financial Officer
Merriman
Holdings, Inc.
(415)248-5640