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Oklahoma business briefs for Nov. 4

Oklahoma business briefs for Nov. 4
Published: November 4, 2012

In brief

Graymark to

exit Nasdaq

Oklahoma City-based Graymark Healthcare Inc. will be removed from the Nasdaq Stock Market Tuesday, the company disclosed Friday in a regulatory filing. Nasdaq notified the company in June that Graymark shares were subject to delisting for failing to meet the minimum price requirement. The company appealed, and Nasdaq in August allowed the stock to retain its listing. However, Graymark then informed the exchange that it failed to complete a transaction aimed at restoring the required minimum stock price and level of stockholders' equity. Graymark said it expects its shares will be traded on the over-the-counter market under the symbol “GRMH.”

Forbes lists

2 from state

Two Oklahoma companies — Pryor-based Orchids Paper Products and Oklahoma City's LSB Industries — are among Forbes latest list of “100 Best Small Companies in America.” Orchids Paper, which makes tissue paper products, landed at No. 70 in its first appearance on the list. LSB Industries, which makes climate control devices and chemicals, was listed at No. 72. Rankings are based on earnings growth, sales growth and return on equity in the past twelve months and over five years.

From Staff Reports