由于9月份Beacon Power的股价一直低于1美元（最低股价标准为1美元），Beacon Power收到纳斯达克股票市场的退市通知。Beacon Power公司在向美国证券交易委员会提供的一份文件中表示，他计划最迟于明年3月28日将股价提高到符合纳斯达克标准的水平。2011年10月11日收盘时，该公司股价为0.39美元。
Energy storage developer Beacon Power Corp. .Beacon Power Corp. Latest from The Business Journals Beacon Power gets delisting notice as it pursues financingsBeacon Power revenue triples in second quarterBeacon Power flirts with penny stock status again Follow this company .(Nasdaq: BCON) has received a delisting warning from the Nasdaq Stock Market, citing the company’s failure to maintain a minimum $1 bid price throughout September.
Tyngsboro, Mass.-based Beacon Power, which is building flywheel-based energy storage systems for the smart grid, said in a filing with the U.S. Securities and Exchange Commission that it plans to bring its stock price into compliance with Nasdaq rules before the March 28 deadline. The company’s stock was trading at $0.39 yesterday.
Beacon Power also reported that it has hired advisory company and investment banking firm Group Robinson to help it find financing for Beacon’s planned 20 megawatt flywheel frequency regulation plan in Hazle Township, Pa. The company also plans to utilize Group Robinson to help bring in financing for Beacon Power's projects outside the U.S.
Beacon Power said it has already secured more than half of the funds to build the $53 million Pennsylvania project, including a $24 million stimulus grant award from the U.S. Department of Energy and a $5 million state grant.
The company began operations at its first 20-megawatt flywheel frequency regulation plant in Stephentown, N.Y., in January.
Frequency regulation helps to stabilize the flow of power through the grid, and in the case of flywheel-based systems uses no fuel.