Angeion Corp. (New Leaf brand) in compliance with Nasdaq

Angeion Corp. (Nasdaq: ANGN), owner of the New Leaf Health and Fitness fitness assessment brand that is marketed through health and fitness clubs and cardiac rehabilitation centers, has announced that the Nasdaq Stock Market has advised the company that it is now in compliance with all Nasdaq Stock Market listing requirements, including the Nasdaq minimum bid and market value of publicly held shares requirements. The closing bid price of the company’s common stock has met or exceeded $1 per share for at least 10 consecutive trading days and the company also achieved the $1 million market value of its publicly held shares for at least 10 consecutive trading days. The company also reported that, as a result of its achieving compliance with all the Nasdaq requirements, its shares would resume trading under the company’s traditional symbol ANGN on the Nasdaq Small Cap Market effective Dec. 6.