- BioFuel Energy (BIOF) -17.5% AH after disclosing in an 8-K filing that its shares are in danger of being delisted from the Nasdaq exchange.
- BIOF says in the filing it received a letter from Nasdaq's listing qualifications staff calling the company a "public shell," and that buyers of its stock can't know definitively what the operating business of the company will be in the future.
- The letter says BIOF shares will be suspended and removed from the exchange unless BIOF requests an appeal, which the company says it will do.
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