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Last updated on April 19, 2014 at 21:20 EDT

Latest ShengdaTech Inc. Stories

2012-10-17 11:20:43

SAN FRANCISCO, Oct. 17, 2012 /PRNewswire-FirstCall/ -- ShengdaTech, Inc. ("ShengdaTech" or the "Company") (SDTHQ) today announced the findings of the Special Committee of the Board of Directors of the Company based on the results of an internal investigation. As previously disclosed on March 15, 2011, the Company appointed the Special Committee of the Board of Directors, consisting of the Company's independent directors. The Special Committee was granted, among other things, full authority...

2012-05-18 10:22:04

SAN FRANCISCO, May 18, 2012 /PRNewswire-Asia-FirstCall/ -- ShengdaTech, Inc. ("ShengdaTech" or the "Company") (SDTHQ) reported today that it has filed a Chapter 11 Plan of Reorganization (the "Plan") and proposed Disclosure Statement with the United States Bankruptcy Court for the District of Nevada (the "Bankruptcy Court"). The Bankruptcy Court has set June 25, 2012 as the hearing date on the adequacy of the Disclosure Statement. Assuming the Disclosure Statement is approved on June 25,...

2011-10-12 12:01:00

SHANGHAI, Oct. 12, 2011 /PRNewswire-FirstCall/ -- ShengdaTech, Inc. ("ShengdaTech" or the "Company") (OTCBB: SDTHQ), a leading manufacturer of nano-precipitated calcium carbonate ("NPCC") in China, reported today that Mr. Dongquan Zhang has resigned as a member of the Company's Board of Directors effective October 8, 2011. As a result of Mr. Zhang's resignation from the Board of Directors, he has also effectively resigned as a member of all standing committees. The remaining members of the...

2011-08-26 15:30:00

SHANGHAI, Aug. 26, 2011 /PRNewswire-Asia-FirstCall/ -- ShengdaTech, Inc. ("ShengdaTech" or the "Company") (NASDAQ: SDTHQ), a leading manufacturer of nano-precipitated calcium carbonate ("NPCC") in China, reported today that the Company has received a determination indicating that the NASDAQ Listing and Hearing Review Council had affirmed the NASDAQ Listing Qualifications Panel's (the "Panel") June 8, 2011 decision to delist the Company's securities from the NASDAQ Global Market. The...

2011-08-24 15:04:00

SHANGHAI, Aug. 24, 2011 /PRNewswire-Asia-FirstCall/ -- ShengdaTech, Inc. ("ShengdaTech" or the "Company") (NASDAQ: SDTH), a leading manufacturer of nano-precipitated calcium carbonate ("NPCC") in China, announced today that the U.S. Bankruptcy Court for the District of Nevada granted the Company's motion for a temporary restraining order ("TRO") enjoining the Company's shareholders and the members of the Company's Board of Directors, from taking any action, including the commencement of...

2011-08-22 18:00:00

SHANGHAI, Aug. 22, 2011 /PRNewswire-Asia-FirstCall/ -- ShengdaTech, Inc. ("ShengdaTech" or the "Company") (NASDAQ: SDTH), a leading manufacturer of nano-precipitated calcium carbonate ("NPCC") in China, announced today that it has filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code with the U.S. Bankruptcy Court for the District of Nevada. The Chapter 11 process will facilitate the Company's financial and operational restructuring, with the objective of restoring the...

2011-06-14 11:36:00

SHANGHAI, June 14, 2011 /PRNewswire-Asia-FirstCall/ -- ShengdaTech, Inc. ("ShengdaTech" or the "Company") (NASDAQ: SDTH), a leading manufacturer of nano-precipitated calcium carbonate in China, reported today that the Company has received a determination indicating that the NASDAQ Listing Qualifications Panel (the "Panel") has denied the Company's request for continued listing on NASDAQ and, accordingly, NASDAQ suspended trading of the Company's shares effective with the open of business,...

2011-05-20 11:05:00

SHANGHAI, May 20, 2011 /PRNewswire-Asia-FirstCall/ -- ShengdaTech, Inc. ("ShengdaTech" or the "Company") (NASDAQ: SDTH), a leading manufacturer of nano-precipitated calcium carbonate ("NPCC") in China, today confirmed that it is continuing to conduct business operations while the Company is appealing the delisting determination issued by the Listing Qualifications Department of The NASDAQ Stock Market LLC ("Nasdaq"). The appeal has temporarily stayed the delisting action pending a hearing...

2011-04-29 12:32:00

SHANGHAI, April 29, 2011 /PRNewswire-Asia-FirstCall/ -- ShengdaTech, Inc. (the "Company") (Nasdaq: SDTH) today announced that it received a letter on April 20, 2011 from the Listing Qualifications Department of The NASDAQ Stock Market LLC ("Nasdaq") stating that based on the review of public documents and information provided by the Company, Nasdaq determined the continued listing of the Company's securities on Nasdaq is no longer warranted. The Nasdaq letter cited the following criteria...

2011-04-04 07:00:00

SHANGHAI, April 1, 2011 /PRNewswire-Asia-FirstCall/ -- ShengdaTech, Inc. ("ShengdaTech" or the "Company") (Nasdaq: SDTH), a leading manufacturer of nano-precipitated calcium carbonate ("NPCC") in China announced that on March 31, 2011, it has submitted to the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") its plan to regain compliance with the Nasdaq listing rules. As previously announced in the Company's press release dated March 15, 2011, the Company appointed a...