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Company Update (NASDAQ:GBSN): Great Basin Scientific Inc Receives Positive Nasdaq Listing Determination

Great Basin Scientific Inc (NASDAQ:GBSN), a molecular diagnostics company, announced today that on June 23, 2016, the Nasdaq Listing Qualifications Panel (the “Panel”) issued a determination granting the Company’s request for the continued listing of its common stock on The Nasdaq Capital Market (“Nasdaq”).

The Company’s continued listing on Nasdaq is subject to, among other things, the Company evidencing compliance with its plan to meet the minimum $35 million market value of listed securities requirement by October 10, 2016. In order to satisfy the market value of listed securities requirement, the Company must...


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