Beautifully engraved Certificate from CoolSavings, Inc.
This historic document was printed by the Security-Columbian United States Banknote Company and has an
ornate border around it with a vignette of a pig with sun glasses. This item has the printed signatures of the company's officers.
Launched in February 1997, CoolSavings is a comprehensive e-marketing solution that delivers targeted advertising and promotional incentives to help offline and online companies identify, acquire and retain active shoppers. The Company's extensive e-marketing infrastructure combines multiple incentive and promotional solutions -- such as targeted coupons and e-mail, loyalty points, category newsletters, rebates, savings notices, samples, gift certificates and trial offers -- with sophisticated database technology to enable advertisers to efficiently build personal relationships with consumers. Today, with more than 16.5 million registered members and 15 million registered households,* CoolSavings is ranked the #1 coupon Web site according to the Jupiter Media Metrix September 2001 report. The Company's advertisers include national and local brick-and-mortar retailers, online merchants, consumer packaged goods manufacturers and leading service providers.
November 21, 2001 07:59
CoolSavings Delisted from Nasdaq National Market
CHICAGO, Nov. 21 /PRNewswire/ -- CoolSavings, Inc. (Nasdaq: CSAV), previously trading on The Nasdaq National Market under the symbol CSAV, has, pursuant to the decision of The Nasdaq Listing Qualification Panel (the "Panel"), been delisted from The Nasdaq National Market effective with the open of business on November 21, 2001.
On April 3, 2001, the staff of the Nasdaq notified the Company it had failed to maintain a market value of public float of at least $5,000,000 and a bid price of at least $1.00 per share for 30 consecutive trading days. On September 27, 2001, Nasdaq implemented a moratorium on the minimum bid price and market value of public float requirements for continued listing on The Nasdaq Stock Market. On November 8, 2001, the Panel raised additional concerns that the Company may have violated Nasdaq's voting rights rule. Subsequently, the Panel determined that the Company had failed to provide a definitive plan to achieve, and therefore sustain, compliance with the net tangible assets and/or stockholders' equity requirements for continued listing on The Nasdaq National Market.
The Company's shares will automatically trade on the Nasdaq Bulletin Board, subject to meeting their continuing requirements. Stockholders will still be able to get current trading information, including the last trade bid and ask quotations, and share volume. As of December 12, 2001, the company's stock was trading at 5 Cents.