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Home  >  Accounting consultants  >  Austin software company regains NASDAQ compliance

Austin software company regains NASDAQ compliance

Posted on Friday, October 11th, 2013 at 9:13 pm.

Austin-based software company Asure Software, Inc. fulfilled the terms of compliance with the NASDAQ Stock Exchange after holding a shareholder voting.

CEO Pat Goepel said the exchange has already approved the company’s plans.

Asure was reprimanded by the exchange August of this year regarding its violation of exchange rules. Asure allegedly put common stock shares on the market without garnering shareholder approval.

In a statement, Goepel reported that the company has managed to go ahead with its plan of raising capital to boost stockholders’ equity and that NASDAQ has already closed the case.

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