Listings News: Material Sciences Seeks NASDAQ Nod
August 13, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Material Sciences Corp. (OTCBB: MASC) said that it has filed an application to list its common stock on the NASDAQ Capital Market.
Clifford D. Nastas, Material Sciences’ CEO, said, "We believe that the NASDAQ listing should enable us to increase the trading liquidity of our stock, broaden our shareholder base, and raise our profile in the investment community."
The NASDAQ listing application is subject to review and approval by NASDAQ's Listing Qualifications Department to ensure compliance with all NASDAQ Capital Market Standards.
Material Sciences said it intends to satisfy all of NASDAQ's requirements for initial listing, but will continue to trade on the OTCBB under its current symbol, MASC, during the NASDAQ review process.
Illinois-based Material Sciences is a provider of material-based solutions for acoustical and coated applications.
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