Delisting Determination,The Nasdaq Stock Market, LLC,
April 9, 2010, Imperial Industries, Inc. The Nasdaq Stock
Market, Inc. (the Exchange) has determined to remove from
listing the common stock of Imperial Industries, Inc.
(the Company), effective at the opening of the
trading session on April 19, 2010. Based on 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 Rules
5550(b)(1), 5620(a), and 5620(b). The Company was notified of
the Staffs determinations on December 23, 2009 and
January 4, 2010. The Company requested a review of
the Staffs determination before the Listing Qualifications
Hearings Panel, but before the scheduled hearing took
place, withdrew its request for an appeal. The staffs
determinations became final on January 25, 2010
and trading in the Companys securities was suspended on
January 27, 2010.