Delisting Determination,The Nasdaq Stock Market, LLC,
October 6, 2011, Omega Navigation Enterprises, Inc. The Nasdaq Stock
Market, Inc. (the Exchange) has determined to remove from
listing the common stock of Omega Navigation Enterprises, Inc.
(the Company), effective at the opening of the trading
session on October 17, 2011. Based on review of information
provided by the Company, Nasdaq Staff determined that the
Company no longer qualified for listing on the Exchange
pursuant to Listing Rule 5110(b). The Company was notified
of the Staffs determination on July 8, 2011.
The Company requested a review of the Staffs determination
before the Listing Qualifications Hearings Panel.
However, on July 18, 2011,the Company withdrew its request
for an appeal. Also on July 18, 2011,
the Panel notified the Company that trading in the Companys
securities would be suspended on July 19, 201 and that the
Staffs delist determination was final as of that date.