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Condor Hospitality Trust regains compliance with Nasdaq listing standards

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Condor Hospitality Trust regains compliance with Nasdaq listing standards

Condor HospitalityTrust Inc. said in an April 13 filing that it regained compliance withthe listing standards of The Nasdaq Stock Market LLC, after the company met theminimum market value for publicly held shares requirement.

On April 12, Condor received notification from Nasdaq that itwas able to comply with the minimum value requirement of $5 million for a minimumof 10 consecutive business days.

The market regulator had informed the company Nov. 9, 2015, that it had not met theminimum value requirement for 30 consecutive business days.