Boston Business Journal

Andover firm warned of potential delisting from Nasdaq

Casa Systems is located in Andover.

A week after a Waltham medical robotics company was warned that it could be delisted from the New York Stock Exchange, another tech company based in the Bay State received a similar notice from the Nasdaq.

Andover-based infrastructure tech firm Casa Systems Inc. disclosed Friday it received earlier last week a notification letter from the Nasdaq Listing Qualifications Staff because the company’s stock had closed below $1 per share for 30 or more consecutive business days.

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