Optio Software, Inc. (Nasdaq: OPTO), a provider of software that captures, transforms and delivers information and data to allow automated processes, has transfered its common stock to the Nasdaq SmallCap Market.
Optio requested the transfer to the Nasdaq SmallCap Market because it was not in compliance with the continued listing requirements of The Nasdaq National Market, it said. Both Nasdaq markets require that the minimum bid price for the common stock be at least $1 per share.
Optio Software provides infrastructure software that enables organizations to capture information from disparate systems and networks, transform it into formats needed by various recipients, and deliver it via print and to a global network of digital destinations. With headquarters in Atlanta and offices in Europe and Australia, Optio has more than 4,000 customers serving the manufacturing, healthcare, retail, distribution and financial industries.
Optio Software: www.optiosoftware.com