WorldGate Gets NASDAQ Extension

10/08/2003 9:49 AM Eastern

The NASDAQ Exchange Wednesday granted WorldGate Communications Inc. a 90-day extension to comply with its $1-per-share minimum-price rule.

If WorldGate shares do not close at $1 apiece or above for a minimum of 10 consecutive trading days before Jan. 2, the stock will be delisted from NASDAQ’s Small Cap Market.

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