OCZ Technology got a “Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard” by Nasdaq this afternoon since a member of the board of directors resigned and has not been replaced. OCZ has been provided with a cure period in order to regain compliance. OCZ was just listed on Nasdaq last month! 
As previously reported in the Current Report on Form 8-K filed by OCZ Technology Group, Inc. (the “Company”) with the Securities and Exchange Commission, Mr. Sunit Saxena had resigned as a member of the Company’s Board of Directors (the “Board”) and as chairman of its Audit Committee effective as of May 6, 2010.
