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Posted at 10:19 a.m., Friday, March 16, 2007

Cyanotech back in compliance with Nasdaq rules

Advertiser Staff

Cyanotech Corp. today said it was notified by the Nasdaq Stock Market that the company is in compliance with all Nasdaq Marketplace rules. That means the Nasdaq will continue the listing of the Kailua-Kona-based company's securities on the Nasdaq Stock Market.

Cyanotech filed its quarterly financial report with the Securities and Exchange Commission on March 14, which brought maker of nutritional supplements in compliance with SEC periodic report requirements.

Shares of Cyanotech were down 3 cents to $1.669 a share as of about 10 a.m. Hawaii Standard Time.