FOR IMMEDIATE RELEASE
|
INVESTOR RELATIONS: |
MEDIA CONTACT: |
|
916-403-2755 |
Bryon McGregor, Pacific Ethanol, Inc. |
|
866-508-4969 |
(916) 403-2710 |
|
InvestorRelations@pacificethanol.net |
bmcgregor@pacificethanol.net |
PACIFIC ETHANOL RECEIVES NASDAQ NOTIFICATION
Sacramento, CA, September 18, 2009 – Pacific Ethanol, Inc. (the “Company”) (NASDAQ GM: 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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