December 30, 2009 (FinancialWire) — Beach First National Bancshares, Inc., parent of Beach First National Bank (NASDAQ: BFNB), reiterated its previously announced intentions to explore other options for the listing of its common stock.

As expected, on December 21, 2009, the company received notification from the NASDAQ Stock Market that for the last 30 consecutive business days the closing bid price per share for its common stock has been below the $1.00 minimum per share required for continued inclusion on the NASDAQ Global Market.

The company’s common stock will continue to trade on The NASDAQ Global Market under the symbol BFNB, as the letter has no effect at this time on the company’s listing on The NASDAQ Global Market. The company has a 180 calendar day grace period during which it plans to consider various options for the listing of its common stock. The company expects to make a decision regarding this issue within 90 days.

Free annual reports and company filings for companies mentioned in the news are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279). Recently issued reports and filings include Weatherford International Ltd. (NYSE: WFT), UQM Technologies, Inc. (AMEX: UQM), Panhandle Oil and Gas, Inc. (NYSE: PHX), Encore acquisition Company (NYSE: EAC), Altius Minerals Corp. (TSX: ALS), PKC Group Oyj (PLUS: PKC1V) and Standard Life Investments European Private Equity Trust PLC (LSE: SEP) (PLUS: SEP).

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