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Genta stock fall prompts Nasdaq notice

NEW YORK
Mon Dec 24, 2007 4:37pm EST

NEW YORK (Reuters) - U.S. biopharmaceutical company Genta Inc GNTA.O said on Monday that it received a notice from Nasdaq saying its shares did not comply with listing rules, which require a minimum closing bid price of $1.00.

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Genta shares earlier fell 4 cents, or 6.15 percent, to 61 cents. The company said it has until June 16, 2008, to regain compliance.

(Reporting by Ritsuko Ando, editing by Leslie Gevirtz)
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