{"id":394059,"date":"2020-12-07T07:03:18","date_gmt":"2020-12-07T12:03:18","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=394059"},"modified":"2020-12-07T07:03:18","modified_gmt":"2020-12-07T12:03:18","slug":"fuel-tech-regains-compliance-with-nasdaq-minimum-bid-price-requirement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fuel-tech-regains-compliance-with-nasdaq-minimum-bid-price-requirement\/","title":{"rendered":"Fuel Tech Regains Compliance with NASDAQ Minimum Bid Price Requirement"},"content":{"rendered":"

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Fuel Tech Regains Compliance with NASDAQ Minimum Bid Price Requirement<\/span><\/b><\/i><\/p>\n

WARRENVILLE, Ill.–(BUSINESS WIRE<\/a>)–Fuel Tech, Inc. (NASDAQ: FTEK)<\/b> (or \u201cthe Company\u201d), a technology company providing advanced engineering solutions for the optimization of combustion systems, emissions control and water treatment in utility and industrial applications, today announced that it received a letter from the Listing Qualifications Department of the NASDAQ Stock Market (\u201cNASDAQ\u201d) notifying the Company that it has regained compliance with the NASDAQ Capital Market’s minimum bid price continued listing requirement set forth in Rule 5450(a)(1). Accordingly, NASDAQ considers this matter closed.\n<\/p>\n

About Fuel Tech<\/span><\/b><\/p>\n

\nFuel Tech develops and commercializes state-of-the-art proprietary technologies for air pollution control, process optimization, water treatment, and advanced engineering services. These technologies enable customers to operate in a cost-effective and environmentally sustainable manner. Fuel Tech is a leader in nitrogen oxide (NOx<\/sub>) reduction and particulate control technologies and its solutions have been in installed on over 1,200 utility, industrial and municipal units worldwide. The Company\u2019s FUEL CHEM\u00ae<\/sup> technology improves the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental status of combustion units by controlling slagging, fouling, corrosion and opacity. Water treatment technologies include DGI\u2122 Dissolved Gas Infusion Systems which utilize a patented nozzle to deliver supersaturated oxygen solutions and other gas-water combinations to target process applications or environmental issues. This infusion process has a variety of applications in the water and wastewater industries, including remediation, aeration, biological treatment and wastewater odor management. Many of Fuel Tech\u2019s products and services rely heavily on the Company\u2019s exceptional Computational Fluid Dynamics modeling capabilities, which are enhanced by internally developed, high-end visualization software. For more information, visit Fuel Tech\u2019s web site at www.ftek.com<\/a>.\n<\/p>\n

NOTE REGARDING FORWARD-LOOKING STATEMENTS<\/span><\/b><\/p>\n

\nThis press release contains \u201cforward-looking statements\u201d as defined in Section 21E of the Securities Exchange Act of 1934, as amended, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and reflect Fuel Tech\u2019s current expectations regarding future growth, results of operations, cash flows, performance and business prospects, and opportunities, as well as assumptions made by, and information currently available to, our management. Fuel Tech has tried to identify forward-looking statements by using words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201cplan,\u201d \u201cexpect,\u201d \u201cestimate,\u201d \u201cintend,\u201d \u201cwill,\u201d and similar expressions, but these words are not the exclusive means of identifying forward-looking statements. These statements are based on information currently available to Fuel Tech and are subject to various risks, uncertainties, and other factors, including, but not limited to, those discussed in Fuel Tech\u2019s Annual Report on Form 10-K in Item 1A under the caption \u201cRisk Factors,\u201d and subsequent filings under the Securities Exchange Act of 1934, as amended, which could cause Fuel Tech\u2019s actual growth, results of operations, financial condition, cash flows, performance and business prospects and opportunities to differ materially from those expressed in, or implied by, these statements. Fuel Tech undertakes no obligation to update such factors or to publicly announce the results of any of the forward-looking statements contained herein to reflect future events, developments, or changed circumstances or for any other reason. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including those detailed in Fuel Tech\u2019s filings with the Securities and Exchange Commission.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201207005084\/en\/<\/a><\/span><\/p>\n

\nVince Arnone
\n
President and CEO
\n
(630) 845-4500<\/p>\n

Devin Sullivan
\n
Senior Vice President
\n
The Equity Group Inc.
\n
(212) 836-9608\n<\/p>\n

KEYWORDS:<\/b> Illinois United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Other Manufacturing Technology Engineering Utilities Other Technology Oil\/Gas Coal Alternative Energy Manufacturing Energy<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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Fuel Tech Regains Compliance with NASDAQ Minimum Bid Price Requirement WARRENVILLE, Ill.–(BUSINESS WIRE)–Fuel Tech, Inc. (NASDAQ: FTEK) (or \u201cthe Company\u201d), a technology company providing advanced engineering solutions for the optimization of combustion systems, emissions control and water treatment in utility and industrial applications, today announced that it received a letter from the Listing Qualifications Department of the NASDAQ Stock Market (\u201cNASDAQ\u201d) notifying the Company that it has regained compliance with the NASDAQ Capital Market’s minimum bid price continued listing requirement set forth in Rule 5450(a)(1). Accordingly, NASDAQ considers this matter closed. About Fuel Tech Fuel Tech develops and commercializes state-of-the-art proprietary technologies for air pollution control, process optimization, water treatment, and advanced engineering services. These technologies enable customers to operate … <\/p>\n

Continue reading “Fuel Tech Regains Compliance with NASDAQ Minimum Bid Price Requirement”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-394059","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFuel Tech Regains Compliance with NASDAQ Minimum Bid Price Requirement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fuel-tech-regains-compliance-with-nasdaq-minimum-bid-price-requirement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fuel Tech Regains Compliance with NASDAQ Minimum Bid Price Requirement - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Fuel Tech Regains Compliance with NASDAQ Minimum Bid Price Requirement WARRENVILLE, Ill.–(BUSINESS WIRE)–Fuel Tech, Inc. (NASDAQ: FTEK) (or \u201cthe Company\u201d), a technology company providing advanced engineering solutions for the optimization of combustion systems, emissions control and water treatment in utility and industrial applications, today announced that it received a letter from the Listing Qualifications Department of the NASDAQ Stock Market (\u201cNASDAQ\u201d) notifying the Company that it has regained compliance with the NASDAQ Capital Market’s minimum bid price continued listing requirement set forth in Rule 5450(a)(1). Accordingly, NASDAQ considers this matter closed. About Fuel Tech Fuel Tech develops and commercializes state-of-the-art proprietary technologies for air pollution control, process optimization, water treatment, and advanced engineering services. 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