SFE Technologies Stock Removed From NASDAQ

SFE Technologies, a San Fernando electronics company, said its stock was removed from the NASDAQ trading network on April 22.

NASDAQ said SFE’s stock was removed because the company’s filings of financial statements weren’t current. The company also said it did not meet NASDAQ’s minimum capital surplus requirement of $375,000.

NASDAQ, governed by the National Assn. of Securities Dealers, is the principal electronic trading system of the over-the-counter market. SFE said trades in its stock would now appear in the pink sheets, which list thinly traded stocks.