Delisting Determination,The Nasdaq Stock Market, LLC,
June 23, 2009, Electroglas, Inc. The Nasdaq Stock
Market, Inc. (the Exchange) has determined to remove from
listing the common stock of Electroglas Inc.
(the Company), effective at the opening of the
trading session on July 6, 2009. 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 Listing Rule
5450(b)(1). (That Rule was enumerated as
4310(c)(3) at the time of the determination.)
The Company was notified of the Staffs determination
on January 28, 2009. The Company requested a
review of the Staffs determination before the Listing
Qualifications Hearings Panel, but withdrew its
request for a hearing on March 19, 2009 and
trading in the Companys securities was suspended
on March 23, 2009. The Staffs Determination to
delist the Company became final on that date.