California company booted by Nasdaq

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San Diego, California, USA company Youngevity has been delisted from the Nasdaq stock exchange after its share price fell below one dollar and the company failed to file mandatory reports. The company reported in a statement that it had appealed the Nasdaq de-listing, which was first announced in October, but the appeal had failed. Youngevity said it intends to trade on over-the-counter markets once the Nasdaq delisting is completed. The company grows and sells commercial coffee and hemp, and has direct marketing assets.

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