Delisting Determination,The Nasdaq Stock Market, LLC,
April 9, 2010, Image Entertainment, Inc. The Nasdaq Stock
Market, Inc. (the Exchange) has determined to remove
from listing the common stock of Image Entertainment, Inc.
(the Company), effective at the opening of the trading
session on April 19, 2010. Based on review of information
provided by the Company, Nasdaq Staff determined that the
Company no longer qualified for listing on the Exchange
pursuant to Listing Rules 5450(b)(2&3)(C), 5605(b)(1),
5605(c)(2), 5605(d), 5605(e), 5635, 5640, and 5100. Staff
notified the Company of these deficiencies on December 15,
2009, January 8, 2010, January 13, 2010, and January 27, 2010.
The Company requested a review of Staff's determination
by the Hearing Panel. On February 1, 2010, based on its review
of the materials, the Panel notified the Company that
trading in the Companys securities would be
suspended on February 3, 2010. 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 March 18, 2010.