Zynex withdraws Alternext US application

Zynex (Littleton, Colorado), a maker of pain management systems and electrotherapy products for medical patients with functional disability, said that it has withdrawn its application to the NYSE Alternext US, formerly known as the American Stock Exchange, due to the price per share no longer meeting a requirement of a minimum price of two dollars per share.

Thomas Sandgaard, president/CEO of Zynex said: "We unfortunately no longer meet NYSE Alternext US' price per share requirement, but plan to re-apply for a listing on the NYSE Alternext US as soon as possible as we hopefully again meet the qualification requirements."