ECOtality: Nasdaq plans to delist stock; company posts October results

By Caroline Salls

Pittsburgh, Nov. 27 - ECOtality, Inc. said The Nasdaq Stock Market LLC plans to delist its common stock, according to an 8-K filed Wednesday with the Securities and Exchange Commission.

The delisting would take effect 10 days after Nasdaq files a form 25 with the SEC.

Trading of company's common stock was suspended on Sept. 27, and the stock has not traded on Nasdaq since then.

In addition, ECOtality reported a $1.8 million net loss for October on $35,164 in revenue.

The company had $3.5 million of unrestricted cash as of Oct. 31.

ECOtality, a renewable energy company based in San Francisco, filed bankruptcy on Sept. 16 in the U.S. Bankruptcy Court for the District of Arizona. The Chapter 11 case number is 13-16126.

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