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Hoku Corp. to delist from stock market

Honolulu-based Hoku Corp. will voluntarily terminate its listing on the NASDAQ Global Market on or about Monday, according to a company announcement.

The company previously announced its non-compliance with NASDAQ’s continuing listing requirements due to inability to maintain a $1 minimum bid price, among other reasons. NASDAQ halted the trading of Hoku common stock July 5.

Hoku will file a Form 25 with the U.S. Securities and Exchange Commission to facilitate the delisting. 

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