Dataram Regains NASDAQ Compliance With Minimum Stockholders' Equity Requirement

(RTTNews) - Dataram Corp. (DRAM) announced that on December 2, 2014, it was notified by the NASDAQ Stock Market, LLC that, based upon the company's submission of the appropriate documentation, the company has demonstrated compliance with the minimum $2.5 million stockholders' equity requirement for continued listing on The NASDAQ Capital Market. The company regained compliance with the closing of the sale of 600 thousand shares of Series A Preferred Stock on November 17, 2014.

The company said its securities will continue to trade on The NASDAQ Capital Market and the listing review has been closed.