Ivanhoe Capital Acquisition Corp. Warrants each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per... IVAN.WS

Nasdaq Delisting

[skygarden]

To correct my previous post about the delisting timeframe--On Sedar's website I just noticed that Ivanhoe Energy has until March 5, 2014 to reach compliance to continue being listed on the Nasdaq (to regain compliance they have to maintain a mininum closing bid price of $1 for a minimum of 10 consecutive business days).

The main things that will help them before then will be the details of the Block 20 Partner (clarification on the governments position is anticipated before the end of 2013) and the possible sale of Nyalga.

With the shareprice being what it is everything that could help the company seems to be moving at a very slow rate.  Still the board/management have about 20% of the shares so there is an obvious motivation factor for them as well.