Pacific Ethanol Receives Nasdaq Notification
SACRAMENTO, Calif., Sept. 18, 2009 (GLOBE NEWSWIRE) -- Pacific Ethanol, Inc. (the "Company") (Nasdaq:PEIX), announced today that on September 15, 2009, the Company received a letter from The Nasdaq Stock Market ("Nasdaq") notifying the Company that it does not comply with the $1.00 minimum bid price requirement for continued listing on The NASDAQ Global Market set forth in NASDAQ Listing Rule 5450(a)(1). The Company has been provided an initial period of 180 calendar days, or until March 14, 2010, in which to regain compliance.
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CONTACT: Pacific Ethanol, Inc. INVESTOR RELATIONS: 916-403-2755 866-508-4969 InvestorRelations@pacificethanol.net MEDIA CONTACT: Bryon McGregor (916) 403-2710 email@example.com
Released September 18, 2009