NASDAQ Gives Nu-Med Temporary Exemption
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Nu-Med Inc., the Encino operator of health-care facilities, said that it has been granted a temporary exemption to the minimum capital requirements of the National Assn. of Security Dealers. Nu-Med’s stock will continue to be listed by the NASDAQ system while the company files an update on its restructuring and divestiture program. The company has until July 31, 1991, to meet all the requirements to remain on the NASDAQ system.
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