back to article Nasdaq threatens Overland with de-listing

Overland Storage's share price has fallen so low that Nasdaq is threatening a de-listing. The company will carry out a reverse stock split to boost the value of its shares. Under Nasdaq Global Market listing rules Overland Storage must have a minimum stock price of $1. On August 19 the firm's share price sank to $0.98 and has …

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  1. Bronek Kozicki Silver badge
    Heart

    I wonder how big parachute ...

    How big golden parachute this guy, Chris Calisi, had received on exit, exactly?

    I mean, I am perfectly capable of ruining any company, even if they do not pay that much.

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