Delisting Determination,The Nasdaq Stock Market, LLC,
October 7, 2008, Innovex, Inc. The Nasdaq Stock
Market, Inc. (the Exchange) has determined to remove from
listing the common stock of Innovex, Inc.
(the Company), effective at the opening of the
trading session on October 17, 2008. Based on a review of the
information provided by the Company, Nasdaq Staff
determined that the Company no longer qualified for
listing on the Exchange pursuant to Marketplace Rules
4310(c)(02) and 4310(c)(04). The Company was notified
of the Staffs determinations on May 21, 2008.
The Company requested a review of the
Staffs determination before the Listing
Qualifications Hearings Panel. Upon review of the
information provided by the Company, the Panel
determined that the Company did not qualify for
inclusion on the Exchange based on its failure to
comply with the following Marketplace Rules:
4310(c)(02) and 4310(c)(04). The Company was notified of
the Panels decision on July 31, 2008 and trading in the
Companys securities was suspended on August 4, 2008.
The Company did not request a review of the Panels
decision by the Nasdaq Listing and Hearing Review Council.
The Listing Council did not call the matter for
review. The Panels Determination to delist the Company
became final on September 15, 2008.