Delisting Determination,The Nasdaq Stock Market, LLC,
October 11, 2012, Seven Arts Entertainment, Inc. The Nasdaq Stock
Market, Inc. (the Exchange) has determined to remove from
listing the common stock of Seven Arts Entertainment, Inc.
(the Company), effective at the opening of the trading
session on October 22, 2012. 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 5100, 5635, and 5640, based on
public interest concerns arising out of violations of
the Exchange's shareholder approval and voting rights rules.
The Company was notified of the Staffs determination
on July 30, 2012. On August 6, 2012, the Company appealed
the determination to a Hearing Panel. On September 12,
2012, the Company withdrew its request for an appeal.
The Staff determination to delist the Company therefore
became final on September 13, 2012.