Ross Technology Inc has been let off the hook and looks set to hang on to its Nasdaq listing, following formal notification from the stock market. The Fujitsu Ltd majority owned company ran into difficulty earlier in the year when it was found not meet the tangible asset requirements of the market (CI No 3,242), […]
Ross Technology Inc has been let off the hook and looks set to hang on to its Nasdaq listing, following formal notification from the stock market. The Fujitsu Ltd majority owned company ran into difficulty earlier in the year when it was found not meet the tangible asset requirements of the market (CI No 3,242), but shortly after was given $50m in funding from Fujitsu (CI No 3,245).